News Oil & Gas

IOG spuds Blythe development well

IOG plc announced it had spud the Blythe development well in the UK Southern North Sea and expected first gas during the fourth quarter of 2021. SCHEDULE The well is the second in the company’s Phase 1 project, following Elgood, and is expected to take under three months to drill and complete before the rig […]

News Oil & Gas

Angus pushes Saltfleetby gas towards production

Angus Energy plc has completed a raft of measures to put Saltfleetby gas field in PEDL005 on course to be recommissioned in December 2021. The company, which holds a 51% interest, has resumed the detailed design of the process facility, which is at an advanced stage. Long lead equipment has been ordered and bespoke processing […]

News Oil & Gas

Predator plans further drilling after gas shows at Guercif

Predator Oil & Gas Holdings plc said that evidence from the drilled MOU-1 well supported a pre-drill geological interpretation for a deep gas “kitchen” in Guercif, northern Morocco. BUSINESS STRUCTURE Predator (75%) operates Guercif in joint venture with the Office National des Hydrocarbures et des Mines (ONHYM) acting on behalf of the Moroccan state (25%). […]

News Oil & Gas

Reabold notes extended gas licence for Parta

Reabold Resources plc said that an 18-month extension had been granted to its project interest in the Ex-10 Parta gas exploration licence in Romania. The investment company holds a 51% interest in Danube Petroleum Ltd, which holds a 100% interest in Parta (including 100% interest in the Parta sole risk area) and a 100% interest […]

News Oil & Gas

Predator starts drilling MOU-1 gas well on schedule

Predator Oil & Gas Holdings plc said it had started drilling the MOU-1 gas well in the Guercif Basin, northern Morocco. The company began operations at 1am yesterday (20 June) with drilling ahead in progress to the first planned 133/8″ casing point. The well is forecast to take up to 20 days to drill and to […]

News Oil & Gas

Reabold targets stronger hold in Victory discovery

Investment company Reabold Resources plc has offered to acquire additional shares in Corallian Energy Ltd, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The offer will see the acquisition of up to 13.12% of Corallian shares from existing Corallian shareholders, in exchange for Reabold shares, at […]