Prospex Energy plc said that a gas sales agreement (GSA) had been signed for the Selva Malvezzi joint venture (JV) production concession in the Po Valley of Italy. FIRST GAS The deal is between the operator Po Valley Operations Pty Ltd (63%), a wholly owned subsidiary of Po Valley Energy Ltd, and BP Gas Marketing […]
Day: 15 November 2024
Tullow Oil files for arbitration over $387 million Ghana tax dispute
Tullow Oil plc said has filed requests for arbitration with the International Chamber of Commerce in London for two disputed tax assessments totalling US$387 million from the Ghana Revenue Authority (GRA). BREACH OF RIGHTS “The assessments relate to the disallowance of loan interest deductions for the fiscal years 2010 – 2020 and proceeds received by Tullow Oil […]
Angus wins appeal for extended well test at Balcombe
Angus Energy plc has won its appeal against West Sussex County Council’s refusal to grant permission for an extended well test at its Balcombe oil site. DRILLING FLUIDS The company holds a 25% interest along with Cuadrilla Balcombe Ltd (56.25%) and Lucas Bolney Ltd (18.75%) in PEDL 244 targeting the Kimmeridge limestones. The Balcombe 2Z […]