Energy News Today

Guild Esports PLC, Inspired Energy PLC, Catenae Innovations PLC…

() said it is “on track” to achieve its first-year sponsorship revenue targets as it expected to generate “significant revenues” in the second half of its current year from four partnership deals announced previously.

Inspired Energy () said trading was in line with expectations, adding that recent acquisitions, Businesswise Solutions and General Energy Management, were bedding in well.

() said it has “great expectations” for its next phase of development as it emerged from “a year of holding” in 2020. In an outlook statement accompanying its full-year results, the investment company said as Europe emerges from lockdown it is planning to monetise its first batch of investments as well as move forward with its “renewed focus on digitisation of financial services and fintech opportunities”.

BlueRock Diamonds PLC () said it expects to complete the expansion project shortly at its Kareevlei diamond mine in South Africa. It anticipates building up to full production in August enabling it to hit its full-year output guidance of 750,000 tonnes to 850,000 tonnes processed and between 30,000 to 39,000 carats produced.

’s () chairman said the company is in a “strong operational and financial position moving into the second half of 2021” and is “ideally placed to take advantage” of the evolution of the electric vehicle (EV) and lithium markets.

() said 2021 is set to be an important year as it aims to have the first LIGHT system generating a full energy beam, alongside the start of treating patients with clinical partner UHB.

Catenae Innovations PLC () said it has entered the second half of its current financial year in a “stable financial position” and has renewed its focus on identifying non-COVID-19 related opportunities going forward.

Europa Oil & Gas PLC () said it has entered a Memorandum of Understanding with Causeway Geothermal to assess the potential of the West Firsby oilfield as a geothermal test and commercial deployment site.

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) said it is adopting the environmental, social and governance (ESG) framework developed by the World Economic Forum (WEF) and provided by Melbourne, Australia-based tech start-up, .

() said this year it will build on the sales achieved in the territories where it received approvals in 2020, such as Mevalone in Australia, Cedroz in Greece and Mexico as well as other countries.

Zephyr Energy PLC () chief executive Colin Harrington said the company may have a “wider viable development alternative to the natural fracture play” on its flagship project in Utah’s Paradox Basin.


() said Simon Sturge has resigned as a non-executive director to focus on his other commitments. Rory Shaw, Feedback’s chairman, said: “Simon has brought tremendous experience, guidance and insight to the Board and he leaves with Feedback in a stronger position than ever.”

() said it expects to publish its annual report shortly and that will include an update on operational and funding progress at the Parys Mountain copper-zinc-lead project in North Wales. Anglesey also noted an update from Labrador Iron, where it holds a 12% stake, on construction plans for its Houston Project. This will involve a working capital financing of between C$2.5-$5mln.

() announced positive drilling results from the Kepez North area of the Kiziltepe gold-silver mine in western Turkey.

PLC () saw its losses widen in 2020 after undertaking a successful exploration campaign and drilling programme on its flagship Wudinna gold project in South Australia. It said it made strong progress over the year and that an exciting next phase is now underway.

Amur Minerals Corp () announced a 12% increase in JORC-resource estimates at its flagship Kun-Manie nickel-copper sulphide project in Russia’s far east.

() said drilling of the Buffalo-10 well is expected to commence in late October 2021.

i3 Energy PLC ()() announced it has executed a binding sales and purchase agreement to acquire 230 barrels of oil equivalent per day of Wapiti production.

Read More: Guild Esports PLC, Inspired Energy PLC, Catenae Innovations PLC…

2021-06-30 09:55:00

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