UK Oil & Gas plc (UKOG) and its joint venture partner have found no commercial rates of hydrocarbons and have stopped testing at the Pinarova-1 well in Turkey. SEEPAGE UKOG said that drilling and testing results indicated Pinarova had likely penetrated the “southernmost feather edge of a small oil accumulation” within the Germik/Hoya sequence, stretching […]
Day: 19 December 2024
Parkmead increases Dutch gas production and reserves
The Parkmead Group reported consistent average production rates from the LDS-01 discovery well on the Drenthe VI joint venture licence since coming on stream. OPTIMISATION The licence, in the Diever West field containing the Lheebroek prospect, is in the north of the Netherlands. The company said that LDS-01 had average rates close to 5,000 boepd […]
Red Rock appoints David Lenigas as consultant
Red Rock Resources plc has appointed David Lenigas as a strategic consultant. Chairman Andrew Bell said the company had known Mr Lenigas for some years and worked with him on onshore oil projects in southern England. “His drive, his ability to think outside the box, his instinctive grasp of the big picture, allied with his […]
FCM director Ayub Bodi leaves
First Class Metals plc announced that Ayub Bodi has ceased to be a director of the company with immediate effect. Companies House records his initial executive appointment was in January 2021.