Serica Energy plc faces further delays from repairs to the Triton FPSO due to take longer than originally anticipated. SUPPORT The company said that following conversations with operator, Dana Petroleum, production from Triton is now not expected to restart before May. Critical repairs were needed following Storm Éowyn in January with production set to resume […]
Day: 17 March 2025
Angus issues 428m shares as deferred payment
Angus Energy plc has issued 427,893,123 ordinary shares to convert £1 million of the February 2022 deferred consideration to Forum Energy Services Ltd. COMPRESSOR The conversion notice from Forum covers principal payments due up to and including 31 December 2024. Angus said it would a further 137,145,481 ordinary shares in relation to accrued interest until […]
Helium One JV nears target in Jackson-4
Helium One Global Ltd’s joint venture has drilled the intermediate hole section in the Jackson-4 well to 1,123ft (342m) measured depth at the Galactica project in Las Animas County, Colorado, USA. READINGS After cementing the casing, operator Blue Star Helium will undertake a cement bond log to confirm good bonding. The operator will drill further […]