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Proactive - Interviews for investors
Oriole Resources CEO upbeat on latest drilling results at Mbe project ahead of investor presentation
Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive's Stephen Gunnion about the latest drilling results from the company’s maiden drilling programme at the Mbe project in Cameroon. Rosser said the newly announced results are in line with previous findings, noting “multiple intersections of gold mineralisation over good widths.” These results support the emerging geological model, as the company continues to build a 3D picture of the deposit. According to Rosser, the mineralisation observed so far points to the potential for a bulk tonnage, open pit mineable operation—an outcome he noted is attractive for major mining companies seeking scale efficiencies. He added that Oriole is on track to complete the drilling program by the third quarter of this year. Following that, the company expects to publish both a maiden mineral resource estimate and an exploration target during the second half of the year. Regular updates on further drill results are anticipated as assays are returned and validated. Rosser also encouraged stakeholders to attend an investor presentation and Q&A scheduled for 13:00, offering more insight into the company’s progress and plans. Follow this link for details: https://polaris.brighterir.com/public/oriole_resources/news/regulatory_news/story/wk6v3dx Visit Proactive's YouTube channel for more videos. Don’t forget to give this video a like, subscribe to the channel, and enable notifications for future content. #OrioleResources #GoldExploration #CameroonMining #MbeProject #JuniorMining #GoldDrilling #MineralExploration #OpenPitMining #MiningInvestors #ProactiveInvestors
Proactive - Interviews for investors
Mosman Oil and Gas says historic sampling confirms helium at Sagebrush-1
Mosman Oil and Gas Ltd CEO Andy Carroll talked with Proactive's Stephen Gunnion about a significant milestone at the company’s Sagebrush-1 well, located in the Leadville formation. Carroll revealed that historic gas sample data from 1993 confirms the presence of helium at a concentration of 2.7%, alongside 20% methane. This discovery enables Mosman to transition from exploration to evaluating the commercialisation of the helium resource. “We were actually looking at a possible work-over at the existing well to get a gas sample, but we've got about 30 boxes of data from the previous operator and found in those boxes the original gas sample report,” Carroll said. The gas flow rate from the earlier test was in the range of 152 to 163 thousand cubic feet per day, indicating potential for commercial development. Carroll also noted the strategic benefit of methane being present alongside the helium. The methane could be used for on-site power generation to support helium processing, reducing dependence on external power sources. Additionally, existing infrastructure—including a mothballed pipeline and nearby helium plants—could significantly streamline transportation and processing. Looking ahead, Mosman is preparing feasibility studies and engaging with the Ute Mountain Ute Tribe and regulatory authorities to conduct further 3D seismic work. These efforts aim to refine drilling plans across the Sagebrush area and adjacent Coyote Wash leases. Visit Proactive's YouTube channel for more insightful updates, and don't forget to like this video, subscribe to our channel, and turn on notifications so you don’t miss future content. #MosmanOilAndGas #HeliumDiscovery #SagebrushOne #LeadvilleFormation #EnergyStocks #NaturalGas #MethanePower #HeliumCommercialisation #OilAndGasExploration #ProactiveInvestors
Proactive - Interviews for investors
ReconAfrica expands into Angola with strategic joint exploration deal in Etosha-Okavango Basin
Reconnaissance Energy Africa CEO Brian Reinsborough joined Steve Darling from Proactive to announce a significant milestone: the company has entered into a joint exploration agreement with Angola’s National Oil, Gas and Biofuels Agency (ANPG). This agreement marks the launch of a collaborative exploration project in the under-explored Etosha-Okavango Basin, located onshore in southeastern Angola. Reinsborough emphasized the strategic value of this addition to ReconAfrica’s asset portfolio, describing it as a rare opportunity to gain early entry into Angola’s onshore oil and gas sector at a low cost and with minimal work commitments. This move further complements the company’s existing operations in neighboring Namibia and underscores the broader exploration potential of the Damara Fold Belt and Rift Basin systems. The agreement adds 5.2 million acres in Angola to ReconAfrica’s current 6.3 million acres in Namibia, significantly expanding its footprint across one of the most promising frontier basins in southern Africa. The company's working interest in the new area will be 80%, with Angola’s state-owned oil company Sonangol holding the remaining 20%. ReconAfrica will hold exclusive rights over the acreage during the term of the memorandum of understanding (MOU). Over the next 24 months, ReconAfrica plans to conduct a series of geological and geophysical studies, including a regional oil and gas seep survey, 2D seismic data acquisition, and comprehensive geochemical sampling and analysis. These efforts are aimed at identifying viable exploration targets and de-risking future drilling prospects. In parallel, ReconAfrica is preparing to drill its largest target to date—Prospect I—onshore Namibia, located just 47 kilometers from the newly acquired MOU area in Angola. The prospect is estimated to contain 365 million barrels of unrisked and 32 million barrels of risked prospective light to medium oil resources. This expansion into Angola signals ReconAfrica’s continu
Proactive - Interviews for investors
Reconnaissance Energy Africa provides drilling update on Prospect I in Namibia
Reconnaissance Energy Africa CEO Brian Reinsborough joined Steve Darling from Proactive to share a drilling update on Prospect I, located onshore Namibia within Petroleum Exploration Licence 073. Prospect I represents the company’s largest exploration target to date. It is estimated to hold approximately 365 million barrels of unrisked and 32 million barrels of risked prospective light to medium oil resources, or alternatively, 1.9 trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective natural gas resources, based on a 100% working interest. Reinsborough reported that pre-construction activities are progressing on schedule and that pre-drill evaluations have been successfully completed. Drilling is planned to reach a target depth of 3,800 metres, with the flexibility to drill deeper depending on subsurface conditions—similar to the company’s approach with the Naingopo exploration well. The Otavi geological section is anticipated to range between 1,500 and 1,800 metres in thickness, depending on total drilling depth. Insights gained from the Naingopo well have significantly enhanced ReconAfrica’s understanding of the Damara Fold Belt, particularly regarding time-depth migration and structural interpretation of the Mulden and Otavi formations. This same reservoir zone at Naingopo exhibited more than 50 metres of reservoir-quality carbonates and oil shows, underscoring its potential. These developments mark an important step in advancing ReconAfrica’s exploration strategy in one of Africa’s most promising onshore hydrocarbon basins. #proactiveinvestors #reconnaissanceenergyafricaltd #tsxv #reco #otcqx #recaf #NamibiaOil #ProspectI #OilExploration #EnergyUpdate #OnshoreDrilling #OilAndGasNews #AfricanEnergy #OilDiscovery #EnergyInvesting