St Brides Weekly News 22-07-2016

A little over a year ago, we launched St Brides Partners – an employee owned business made up of passionate strategists and storytellers – and in that time we have grown as a company, in both size and scope. In honour of these changes, we have a brand spanking new video to give you some insight into what we do and why we love working here! You can view the video on our website.

Client catch-up:


Challenger Acquisitions received US$1 million from New York Wheel Investor LLC after the New York Wheel Project secured full funding for the project. Challenger now has a firm investment of US$3 million in the equity of NYWI, representing an interest of approximately 2%.

Europa Oil & Gas provided a positive update on its portfolio of seven offshore Ireland licences across which the Company has identified potential resources of up to 4 billion barrels of oil and 1.5 TCF of gas.

FinnAust Mining had its work programme for the Pittufik Titanium Project in Greenland approved. Work on site will include drilling in the shallow marine environment, which was subject to the first marine based exploration licence for minerals to be granted by the government of Greenland. The programme will also focus on a bulk sample that is scheduled to be extracted in 2017.

Highlands Natural Resources significantly increased its land position at its Helios Two prospect area in Montana following compelling initial expectations in the Competent Persons Report regarding the recoverable natural gas and helium volumes and projected net value for the project.

Magnolia Petroleum released a statement from the Company’s CEO Steven Snead ahead of its AGM earlier this week, which highlighted that following prudent measures to reduce capital

expenditure and operating costs, the Company has positioned itself to be one of the winners of the current downturn in the US onshore oil and gas industry.

You may have missed…

Lincoln Moore, Executive Director of Dekel Oil, sat down with Share Talk to discuss the Company’s recent activities and forthcoming strategy at its profitable and producing palm oil project in the Cote d’Ivoire.

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