Europa Oil & Gas (Holdings) plc has been granted a two-year extension to Phase 1 of FEL 4/19, containing the Inishkea prospect, in the Slyne basin offshore Ireland. During the period, the operator intends to carry out further technical studies and secure a partner to develop its 100%-owned 945km2 licence. The primary target is the […]
Day: 19 December 2024
Beacon begins sand jetting Schwarzbach-2(2)
Beacon Energy plc continues clean-up on Schwarzbach-2(2) while beginning sand jetting operations to stimulate the well in the Erfelden field, Germany. PERFORATIONS The rod pump was installed in late 2023 but production remains at approximately 40 barrels of oil per day, indicating that the reservoir near the wellbore is invaded by drilling fluids restricting flow rates. Sand […]
Union Jack signs Texas deals and plans Oklahoma JVs
Union Jack Oil plc has made its “initial” expansion into America with three purchased mineral royalty packages in Texas and planned joint ventures in Oklahoma. PERMIAN BASIN The unit acquisitions in the Permian basin, to be owned in perpetuity with no forward liabilities or obligations, were brokered by the company’s agent and adviser Reach Oil […]