News Oil & Gas

Neptune takes stake in Pegasus West gas discovery

Neptune Energy has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West gas discovery and surrounding acreage of P1724, P1727, P4257 and P2128 in the UK Southern North Sea. Pegasus West, discovered in 2014 and currently operated by Spirit Energy, lies in block 43/13b and forms part of the Greater Pegasus Area […]

News Oil & Gas

Neptune JV starts drilling at Seagull

Neptune Energy and its joint venture partners BP and Japan Petroleum Exploration Co. Ltd (JAPEX), today announced drilling had started on the Seagull project in the UK Central North Sea. The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells for the development over the course of 18 months. During late 2020, […]