News Oil & Gas

Wressle JV defers work to 2021 and agrees £1m loan

The joint venture at Wressle oil field has deferred workover operations and final commissioning until January 2021, and partner Union Jack Oil has loaned operator Egdon Resources £1 million. The North Lincolnshire oil site lies within Licences PEDL180 and PEDL182. The JV includes UJO (40%) and the operator Egdon Resources (30%), Europa Oil & Gas […]

News Oil & Gas

Europa expects Inezgane to live up to its promise

Europa Oil & Gas (Holdings) said it hoped to build on initial encouraging results from the Inezgane licence near Agadir, Morocco after the company was granted a one-year extension to its permit. The hydrocarbon exploration, development and production company has so far mapped up to 10 billion barrels of unrisked oil resources. Morocco’s National Office […]

Equipment & Logistics News Oil & Gas

Egdon starts site works on Wressle JV oil field

Egdon Resources plc has started site works on the joint venture (JV) Wressle oil field near in the East Riding of Yorkshire. DESIGNS The site is in PEDL180 and PEDL182 where Egdon holds a 30% operated interest. The company said that a civils contractor had mobilised and works to reconfigure the Wressle production site had […]