Sefton Resources, the independent oil and gas exploitation and production company with interests in California and Kansas, said the Southern Star-LAGGS pipeline is now complete. Transmission revenue will commence once sufficient equity gas and third party gas production has been accumulated to provide for economic operations. The company added that Allenby Capital has been appointed as its Nominated Adviser (Nomad).
W Resources, the gold mining company formerly known as Caspian Holdings, has made continued exploration progress at its wholly owned Portalegre asset in Portugal. Consistent grades above one gram per tonne (g/t) indicate potential for an open pit deposit close to the surface, the company's Chairman, Michael Masterman, said. Drilling at the project, which comprises to adjacent gold exploration licences covering an area of some 500 square kilometres, will continue, Masterman added.
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