Predator Oil & Gas Holdings plc has conditionally placed 40 million new ordinary shares of no par value in the company at 5 pence each to raise £2m with a single institutional investor. The company said that the placing was significantly oversubscribed and utilised some of its existing headroom shares under the Financial Conduct’s Authority prospectus regulation rules. A total […]
Tag: Corrib gas field
Predator progresses Trinidad-Ireland assets
Predator Oil & Gas Holdings plc has agreed a further 16.2% interest in the Cory Moruga E block, subject to Trinidad regulatory approval. WORKOVERS The company’s subsidiary T-Rex Resources Trinidad Ltd will shortly begin site clearance for the first well workover with quote for the work currently under review before contracts are awarded. Jacobin-1 well […]
Vermilion completes early turnaround at Corrib
Vermilion Energy Inc has completed a planned major turnaround five days ahead of schedule in the Corrib natural gas field, offshore Ireland. GUIDANCE Corrib is forecast to produce approximately 10,000 boe/d gas net to Vermilion and contribute to the company achieving the upper end of overall Q4 2023 guidance range of 80,000 to 83,000 boe/d. Vermilion holds a […]
Vermilion increases Corrib interest to 56.5%
Vermilion Energy Inc has increased its operated interest from 20 to 56.5% in the Corrib natural gas project 83km off the northwest coast of County Mayo, Ireland. LOW EMISSIONS The Canadian company said it was now the largest provider of domestic natural gas in Ireland following its completed US$434 million acquisition of Equinor Energy Ireland Ltd. […]
Europa notes lower Inishkea emissions forecast
Europa Oil & Gas (Holdings) plc said an independent study showed lower emissions from development of 1 trillion cubic feet gas on its Irish offshore licence than imported gas. COMPARISONS The Inishkea prospect within FEL 4/19 in the Slyne basin and near the Corrib field is the company’s flagship project in Ireland. The report was […]
Europa granted more time to secure Inishkea partner
Europa Oil & Gas (Holdings) plc has secured more time for further technical studies and to secure a partner to develop its 100% operated FEL 4/19 licence offshore Ireland. INISHKEA PROSPECT The Inishkea prospect in FEL 4/19, which lies in the Slyne basin and near the producing Corrib gas field and associated infrastructure, is the […]