Angus Energy plc might might look overseas for projects as it reported a fall in revenue and production. DECREASES Accounts for the year ended 30 September 2020, show revenue fell to £68,000 (2019: £200,000) on production of a gross 1,594 barrels (2019: 5,346). Angus attributed this to the Lidsey oil field being shut in due […]
Month: November 2024
Cuadrilla and Third Energy agree Yorkshire gas project
Third Energy Ltd and Cuadrilla Resources Ltd hope to appraise a conventional gas prospect covering the companies’ onshore licences PL081 and PEDL347 in Ryedale, Yorkshire. CONVENTIONAL Under the agreement, yet to be approved, Third Energy will operate and entirely fund an appraisal well to assess the potential commerciality of a natural gas prospect in the […]
Condor Gold finds additional vein at La India starter pit
Condor Gold plc confirmed a wide zone of high-grade ore from the main vein as well as an additional vein from initial results at the Northern starter pit at La India gold project, Nicaragua. The news comes as the junior miner completed the first 26 drill holes for a combined 1,296 metres of diamond drill […]
OGA calls for company reports to include ESG
Offshore oil and gas companies should include information on the effects of their operations on the climate in their financial reports to address investors’ concerns, said the Oil and Gas Authority (OGA). Figures for flaring and venting emissions, alongside scope 1 & 2 emissions, health and safety statistics, fugitive methane emissions, air and water pollution […]
Neptune tests new way to measure methane emissions
Neptune Energy today announced a scientific collaboration to test a new approach to measure oil and gas methane emissions from offshore oil and gas sites. The hydrocarbon company will work with the American group, Environmental Defense Fund (EDF), whose international researchers will evaluate advanced methods for quantifying offshore methane emissions, identify key sources and prioritise […]
Rockhopper extends licences in North Falkland Basin
Rockhopper Exploration plc announced it had extended its North Falkland Basin petroleum licences, including the Sea Lion Discovery Area, until 1 November 2022. DISCUSSIONS The company’s licences had been due to expire on 1 May 2021. The extension follows discussions between the hydrocarbon exploration and production company and joint venture partners, Harbour Energy and the […]