United Oil and Gas plc said its strong financial and performance during 2020 has well placed the company to build on its successes and withstand uncertain hydrocarbon prices. In its trading report for 2020, the oil and gas production, development, exploration and appraisal group, announced it had total revenues of $9 to $9.2 million for […]
Day: 15 November 2024
VOG looks to high potential of La-108 well at Douala
Victoria Oil & Gas plc (VOG) said the full potential of the La-108 well was likely to exceed the capacity of the plant in the industrial port city of Douala, Cameroon. CAMEROON WELLS The company’s wholly owned subsidiary and operator, Gaz du Cameroun S.A. (GDC) currently holds interests in the neighbouring blocks of Logbaba and Matanda. Two producing […]
Wressle JV partners mark first oil flow
First oil flow was today announced by the joint venture partners at Wressle in North Lincolnshire. The oil field lies in licences PEDL180 and PEDL182 and is operated by Egdon Resources plc (30% interest) with other partners being Union Jack Oil plc (40%) and Europa Oil & Gas plc (30%). The news follows the recompletion of […]
Scotgold lowers output guidance
Scotgold Resources Ltd lowered its 2021 guidance for gold production, citing “teething problems” over handling issues and low recruitment due to pandemic restrictions imposed since 25 December. The company said that problems had occurred in three key areas of crusher circuit chokes, flotation circuit pumps and filter press controls at its Cononish gold and silver […]