Ascent Resources plc has secured after the event (ATE) insurance in relation to the €656.5 million Energy Charter Treaty damages claim over gas exploration against the Republic of Slovenia. PRE-EMPTIVE ACTION The company began its action after delays to and a dispute over the joint venture project within the Petišovci concession area. An ATE insurance […]
Day: 11 November 2024
UKOG finds more powerful perforating gun for Pinarova-1
UK Oil & Gas plc (UKOG) has found a more powerful perforating gun to test the Pinorova-1 shallow oil exploration well, 6km north of the Basur- oil discovery in Turkey. UNDERLYING FORMATION Pinarova-1 is testing whether the active 42˚ API light oil seep, found during 2022 in a seismic shot hole above the Pinarova structure, is connected […]