4 May 2021 | 09:25am
StockMarketWire.com - Oil company United Oil & Gas announced positive testing results for a well at the Abu Sennan project in Egypt, of which it owned 22%.
The ASD-1X well had tested both the Lower Bahariya and Abu Roash C reservoirs.
Headline test results from both reservoirs exceed United s internal pre -drill expectations, the company said.
The EDC-50 rig had now moved to the Al Jahraa Field within the Abu Sennan licence, where drilling of the AJ-8 development well commenced on 2 May.
At 9:25am: [LON:UOG] United Oil Gas Plc share price was 0p at 2.45p
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Q1 2021 Operational Update
Victoria Oil & Gas Plc, whose wholly owned subsidiary,
Gaz du Cameroun S.A. ( GDC ), is the onshore gas producer and distributor with operations located in the port city of
Douala, Cameroon, is pleased to provide shareholders with an operations update for the first quarter of 2021.
· Sales. Average daily gross gas sales rate for the quarter of 5.2 MMscf/d (Q4 20: 5.1 MMscf/d) of natural gas plus gross 5,473 bbls (Q4 20: 3,109 bbls) condensate was produced safely and sold to industrial customers in the
Douala area.
· La-108 Performance. The well continues to supply the base demand, topped up by well La-105. The water production from the well continues to fall, albeit slowly.
Mosman Oil & Gas tipped as a ‘buy’ ahead of aggressive drill progamme and production-led growth
Chairman John Barr described the company’s first half as “extremely challenging” but broker SP Angel is confident the company will fare better in the rest of 2021.
Mosman Oil & Gas Plc (LON:MSMN) is set for a very different second half of 2021 thanks to its production-led growth strategy, that’s according to stockbroker SP Angel.
AIM-quoted Mosman on Wednesday released its first half results statement for 2020 and told investors it had begun the third quarter with “renewed vigour”.
The company said that it is to focus on drilling activity and its position is boosted by its increased interest in the Greater Stanley project. It reported gross production of 34,569 barrels of oil from its operations over the first half, which works out as 9,871 barrels net to Mosman.
Kenadyr Signs Letter of Intent to Acquire Kamkor Copper Deposit
VANCOUVER, BC - TheNewswire – April 27, 2021 - Kenadyr Mining (Holdings) Corp. (TSXV:KEN) (OTC:KNDYF) (FRA:KM0) (the “Company” or “Kenadyr”) announces it has entered into a binding letter of intent dated April 23, 2021 (“LOI”) to acquire 100% of the Kamkor Copper Project (“Kamkor”) in Kazakhstan. Kamkor has a historical Kazakhstan-standard estimate of 30.9 million tonnes of mineralized material at 0.64% copper (Cu) in the C1+C2 categories (200,700 tonnes of contained copper at a lower cut-off of 0.2% Cu). The historical resource was constructed in 2006 and is pit constrained and based upon 35 drillholes and 24 surface trenches. An additional 22 core holes were completed in 2018 with some additional trenching.
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