United Oil & Gas plc noted no hydrocarbons following completion of drilling operations on the ASW-1X exploration well at the Abu Sennan joint venture (JV) licence, onshore Egypt. RESULTS Operator Kuwait Energy Egypt (78%) drilled the well to a total depth of 3,640 metres, 10 days ahead of schedule and under budget. “Although the well […]
Tag: hydrocarbons
Ascent to receive further revenues from Slovenia JV
Ascent Resources plc today said it had reached an agreement over further hydrocarbon revenues from the joint venture (JV) operations within the Petisovci concession area in Slovenia. DISPUTES The legacy disputes are between the company and its Slovenian JV partner Geoenergo and the JV operating service provider Petrol Geo. In August 2022, Ascent received its […]