Deltic Energy plc said drilling had started on the Selene exploration well in the Southern North Sea. FARM-OUTS Partner and operator Shell UK Ltd expects operations on well 48/8b-3 within licence P2437 to take 90 days. Deltic estimates the Selene gas structure contains gross P50 prospective resources of 318 bcf in the Leman Sandstone reservoir. […]
Tag: oil and gas
Helium One re-enters Itumbula West-1
Helium One Global Ltd has started drilling the Itumbula West-1 (ITW-1) well before a planned extended well test on the Rukwa licence, Tanzania. FEASIBILITY STUDY On 26 July, operations began to test two intervals of the fractured Basement and faulted Karoo sections. The company said it had drilled out the 9⅝” shoe track and was […]
UKOG becomes debt free
UK Oil & Gas plc has fully repaid the balance of the convertible loan facility with RiverFort Global Opportunities PCC Ltd and YA II PN Ltd. The company, with assets in the UK and Turkey, said it was now debt free. The £2m loan dated from 2023.
Crogga appoints new directors
Crogga (UK) Ltd has appointed two new directors while a third directorship has ended. Companies House recorded that Mark Pearce and John Lovelady became directors on 12 June. Richard Donoghue’s appointment as a director ended on the same date. The company is targeting the Crogga gas field, offshore Isle of Man.
Prospex secures 10 more years for El Romeral
Prospex Energy plc has secured a 10-year extension to the El Romeral natural gas production joint venture near Carmona east of Seville in Spain. CAMPAIGN The company has a 49.9% working interest and Warrego Energy Ltd has 50.1% in the El Romeral power plant, operated by Tarba Energia S.L to generate electricity. Warrego is now […]
Deltic expects Valaris unit at Selene
Deltic Energy plc said that the Valaris 123 drilling unit is on its way to the joint venture Selene well location in the southern North Sea. DRILLING Operator Shell UK Ltd expects to start the first drilling of 2024 shortly after, with planned operations lasting approximately 90 days. The well will collect key information on […]