News Oil & Gas

i3-Europa begin talks on potential for Serenity

i3 Energy plc and Europa Oil & Gas (Holdings) plc have opened talks on acreage surrounding the Serenity oil discovery, which has become unlicensed. INVESTMENT Little progress has been made on the Blake, Tain and Serenity area while in October 2022 the partners abandoned the SA02 well which failed to show hydrocarbons. i3 said that […]

News Oil & Gas

United agrees more time for Maria sale

The long-stop date has again been extended for the conditional sale of the Maria discovery in the central North Sea. APPROVALS United Oil & Gas plc is selling licence P2519 to Quattro Energy Ltd which needs funds and is under acquisition by Jesmond Capital Ltd to form an enlarged company. The most recent long stop […]