Alkane Energy farms out interest in two UK CBM blocks

Alkane Energy Plc has signed a partnership agreement with Aberdeen Drilling Management Ltd (ADM) to explore 2 of Alkane’s Petroleum Exploration and Development Licences (PEDL 191 and 90) with coal bed methane (CBM) potential in Nottinghamshire and in East Midlands, UK. Envoi is acting as an advisor to Alkane for this transaction. Continue reading here..

Tower Resources Seeks Partner for Uganda Block

UK listed Tower Resources Plc has retained Envoi to assist in finding a partner for progressing and accelerating exploration of the highly prospective but under-explored Block EA5 in northern Uganda. The block is 100% owned and operated by Tower, through its subsidiary Neptune Petroleum (Uganda) Ltd. Continue reading here..