Oil & Gas Corporate News

Oilex (LON:OEX) (OEX, 27.13p, ? 0.46%) advised that the La Rocca-1 well, WA-388-P offshore Western Australia, drilled to section total depth of 2,220 metres and run and pressure tested casing. Current operation is waiting on weather. The La Rocca-1 well, the first exploration well in the permit, will drill the La Rocca prospect in the Intra Mungaroo channel zone. The well, in the south-western part of the permit, was spudded on 30 April 2011 and is being drilled with the "Ocean Patriot" drilling rig. The well is operated by Apache Northwest Pty Ltd ("Apache").

Nighthawk Energy (LON:HAWK) (HAWK, 5.5p, ? 3.77%) announced that Richard Swindells has agreed to join the Board of Directors as Chief Financial Officer to work alongside Chief Executive Tim Heeley and Executive Chairman, Mike Thomsen. Richard will join Nighthawk from Ambrian Partners Limited where he acts as broker and Nominated Adviser to a number of oil and gas and other resources companies. During his three years at Ambrian, he has been responsible for Ambrian's oil and gas investment banking activities and has been involved in raising in excess of GBP275 million in this sector.

Sound Oil (LON:SOU) (SOU, 4.82p, ? 2.12%) announce the appointment of Andrew Raymond Hockey as a non-executive director of the Company with effect from today. Mr. Hockey has worked in the energy industry for more than 25 years, both as a petroleum geologist and as an asset manager. He is currently General Manager, Joint Ventures and New Business at Fairfield Energy Limited which he joined from Eni in Milan where he worked on the Kashagan Project between 2002 and 2005. Before joining Eni, Mr. Hockey was responsible for Lasmo plc's portfolio in Algeria, Tunisia and Morocco. He was previously employed as Exploration Manager, Algeria for Monument Oil and Gas and also worked as an exploration geologist for Fina in the North Sea and internationally.

Mining Corporate News

Bellzone Mining (LON:BZM) (BZM, 63.5p, ? 0.39%) announced an initial inferred JORC oxide resource at its Kalia Mine Project in the Republic of Guinea. The resource totals 111 million tonnes grading at 38% Fe which can be beneficiated using a standard gravity process to produce a 58% Fe fines product. The oxide resource is located above…

Unlock the rest of this article with a 14 day trial

Already have an account?
Login here