Chariot has taken full control of its offshore licences in Morocco after partner Energean exited the project. It still sees big potential at Anchois and plans to reassess development plans with a 75% stake now in hand.
Mosman Oil and Gas has kicked off drilling at the Billy Goat helium project in Colorado with a 90% stake after revising its deal with Vecta. The first well will target the Lyons formation, with nearby data showing helium levels up to 11%.
Arc Minerals says copper exploration work is progressing in Zambia and Botswana, with promising results at Cheyeza but mixed findings overall. It’s also moving ahead with plans to acquire the Chingola Project, now in due diligence.
MP Evans has appointed Kate Coppinger as an independent non-exec director. She brings decades of boardroom and finance experience across energy and listed companies.
Follow us and subscribe on YouTube, our social channels and on proactiveinvestors.co.uk.