Drilling Rig - Truenewj

Sunda Energy and Finder sign letter of intent to jointly secure platform in East Timor

amefika2 months ago03 mins

Sunda Energy and Finder Energy, through their respective subsidiaries, have signed a non-binding letter of intent (LoI) to jointly secure a drilling platform for their separate offshore projects in Timor-Leste. The subsidiaries, SundaGas Banda Unipessoal and Finder Timor-Leste, intend to carry out combined drilling operations, with the aim of streamlining the process and reducing costs…

Magnum Mining moves forward with REE drilling at Palmares and Azimuth in Brazil

amefika5 months ago03 mins

Magnum Mining and Exploration has released an update on its ongoing rare earth exploration work in Brazil, confirming that drilling has restarted at the potential Palmares and Azimuth projects. The latest operational news highlights efforts to accelerate both drilling and sample processing at the two sites, following a planned shutdown during the Brazilian Recess period….