Top 5 Most Read RNS's on Vox Markets for Monday 27th February 2023
Episode 1213, Feb 27, 2023, 07:49 AM
Top 5 Most Read RNS's on Vox Markets for Monday 27th February 2023
5. Synergia Energy - Cambay Farm Out and CCS Update
Roland Wessel, Synergia's CEO, visited several companies in Delhi and Ahmedabad concerning the Cambay field farm out process. These companies are finalising their due diligence and detailed technical and commercial discussions are ongoing. Synergia is optimistic that a farm out arrangement will be achieved, enabling the commencement of the full field development in 2023.
4. 88 Energy Limited #88E - Hickory-1 Pre-Spud Operations On Track
Ice pad construction nearing completion, Mobilisation of the Nordic Calista Rig-2 and operations equipment to commence shortly & Spud of Hickory-1 well on track for early March 2023.
3. UK Oil & Gas #UKOG - Horse Hill Water Reinjection Update
UK Oil & Gas announce that, as a necessary precursor to its planned Horse Hill-2z Portland formation water reinjection project, the Company has now installed three, shallow, groundwater monitoring boreholes at its 85.635% owned producing oil field.
The water injection programme seeks to improve the field's net earnings by approximately £250,000 per annum by eliminating the substantive costs of tankering and disposing produced saline formation water at distant third-party sites.
2. Vast Resources #VAST - Report on Technical Programme for Baita Plai Mine - Exploration Target for Mineral Resource upgrade and establishment of an Ore Reserve.
Vast Resources plc announce the receipt of a Technical Programme Report for its Baita Plai Polymetallic Mine which sets out a plan for a drilling programme for the purpose of establishing an enlarged JORC compliant Mineral Resource and in due course an Ore Reserve for its licence renewal in August 2024. The Report concludes that the fulfilment of the programme will give the Company potential to:
Extend the current mine ore zone (Antonio). Justify the opening of a new mining area (Baia Rosie) directly from Antonio Level 15 into the Baia Rosie Skarn.
A potential upgrade to the existing Mineral Resource at Baita Plai (Antonio plus Baia Rosie) with the inclusion of a JORC compliant Exploration Target of 11.65-12.65Mtn at 0.98% to 1.69%% Cu, 0.23% to 0.57% Pb, 0.17% to 0.62%Zn.
1. Premier African Min #PREM - Zulu Assay Results
Premier African Minerals report on assay results at Premier's Zulu Lithium and Tantalum Project ("Zulu"). These results are from boreholes that are located within the area planned to be mined under operation of the Pilot Plant and will constitute a portion of the Mineral Resource update required to support the DFS.
George Roach, CEO commented, "We continue to see good intersections within the main spodumene rich pegmatite that are both encouraging for the long term and supportive of our decision to commence operations with the large-scale pilot plant as we have done."
5. Synergia Energy - Cambay Farm Out and CCS Update
Roland Wessel, Synergia's CEO, visited several companies in Delhi and Ahmedabad concerning the Cambay field farm out process. These companies are finalising their due diligence and detailed technical and commercial discussions are ongoing. Synergia is optimistic that a farm out arrangement will be achieved, enabling the commencement of the full field development in 2023.
4. 88 Energy Limited #88E - Hickory-1 Pre-Spud Operations On Track
Ice pad construction nearing completion, Mobilisation of the Nordic Calista Rig-2 and operations equipment to commence shortly & Spud of Hickory-1 well on track for early March 2023.
3. UK Oil & Gas #UKOG - Horse Hill Water Reinjection Update
UK Oil & Gas announce that, as a necessary precursor to its planned Horse Hill-2z Portland formation water reinjection project, the Company has now installed three, shallow, groundwater monitoring boreholes at its 85.635% owned producing oil field.
The water injection programme seeks to improve the field's net earnings by approximately £250,000 per annum by eliminating the substantive costs of tankering and disposing produced saline formation water at distant third-party sites.
2. Vast Resources #VAST - Report on Technical Programme for Baita Plai Mine - Exploration Target for Mineral Resource upgrade and establishment of an Ore Reserve.
Vast Resources plc announce the receipt of a Technical Programme Report for its Baita Plai Polymetallic Mine which sets out a plan for a drilling programme for the purpose of establishing an enlarged JORC compliant Mineral Resource and in due course an Ore Reserve for its licence renewal in August 2024. The Report concludes that the fulfilment of the programme will give the Company potential to:
Extend the current mine ore zone (Antonio). Justify the opening of a new mining area (Baia Rosie) directly from Antonio Level 15 into the Baia Rosie Skarn.
A potential upgrade to the existing Mineral Resource at Baita Plai (Antonio plus Baia Rosie) with the inclusion of a JORC compliant Exploration Target of 11.65-12.65Mtn at 0.98% to 1.69%% Cu, 0.23% to 0.57% Pb, 0.17% to 0.62%Zn.
1. Premier African Min #PREM - Zulu Assay Results
Premier African Minerals report on assay results at Premier's Zulu Lithium and Tantalum Project ("Zulu"). These results are from boreholes that are located within the area planned to be mined under operation of the Pilot Plant and will constitute a portion of the Mineral Resource update required to support the DFS.
George Roach, CEO commented, "We continue to see good intersections within the main spodumene rich pegmatite that are both encouraging for the long term and supportive of our decision to commence operations with the large-scale pilot plant as we have done."