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 […]
Tag: gas
IOG starts drilling at Elgood
Independent Oil and Gas plc (IOG) said it had started Phase 1 drilling of five gas development wells in the UK Southern North Sea. Elgood well 48/22c-H1 is expected to take some three months to drill and complete ahead of first gas before the rig moves to Blythe during the early part of the third […]
Predator finds early revenue path for Guercif gas
Predator Oil & Gas Holdings plc said it had found a simple way to early monetisation of the group’s Guercif MOU-1 gas well site in Morocco. The company commissioned SLR Consulting Ltd to develop a high level scheme for the transport costs of dry gas to existing reception facilities via a pilot compressed natural gas […]
IOG increases gas estimates at Goddard-Abbeydale
Independent Oil and Gas plc said it had increased resource estimates of its P2438 Goddard and P2442 Abbeydale licences in the UK Southern North Sea. Both licences are held in a joint venture between IOG (50%, operator) and CalEnergy Resources (UK) Ltd (CER) (50%). Interpretation and mapping of 1,200km² of 3D seismic data has […]
Helium One appoints Lorna Blaisse as principal geologist
Helium One Group Ltd has appointed Lorna Blaisse as principal geologist. Ms Blaisse is a skilled petroleum geologist with 15 years’ experience in exploration and appraisal across Africa. She has direct experience of rift basin geology, conducting work in the Lake Albert Rift Basin in Uganda, as well as operational experience managing exploration campaigns in […]
Predator starts drill preparations at Guercif
Predator Oil & Gas Holdings plc said it had started preparations for drilling at the MOU-1 well in its Guercif licence, onshore Morocco. The company’s operational planning for the MOU-1 well began on schedule and the construction of the MOU-1 well pad is due to be ready for April 2021. The AT-5X well is being prepared […]