Europa Oil & Gas (Holdings) plc reported a 716 bcf rise in unrisked prospective resources in EG-08 block, offshore Equatorial Guinea. EXPLORATION The increase, identified from technical data of the O-2 well drilled in 2007 by Noble Energy, takes the total gross unrisked mean prospective resources to 2.116 tcfe. Since Europa invested 42.9% stake in […]
Tag: oil and gas
Scirocco appoints voluntary liquidator
Scirocco Energy Ltd has appointed a voluntary liquidator following approval in a general meeting earlier this month. The appointment follows shareholders‘ vote to wind up the company and for cash to be returned to them. Companies House recorded that Scirocco re-registered in June as a private company.
Europa CEO buys 1.13m shares
Europa Oil & Gas (Holdings) plc chief executive William Holland has bought 1,136,016 ordinary shares of £0.01 each in the company at 1.23 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 5,023,316 ordinary shares, representing approximately 0.524% of Europa’s issued share capital. The £13,973 transaction took place today, […]
Parkmead awarded 50% Fynn Beauly
The Parkmead Group plc has been formally awarded 50% of the Fynn Beauly heavy oil discovery, estimated to hold oil-in-place of 740 million to 1.33 billion barrels, in the Outer Moray Firth. UNCERTAINTIES The operator will share licence P2634, comprising blocks 14/15a, 14/20d and 15/11a, with Orcadian Energy plc who holds a 50% interest. An […]
Union Jack nears testing Andrews 2-17
Union Jack Oil plc will begin completion and production testing in the next 14 days of the Andrews 2-17 well in Seminole County, Oklahoma. PIPELINE Partner and operator Reach Oil & Gas Company Inc spud the well eight days ago, drilling to a total depth of 4,850 feet and penetrating the Hunton Limestone at 4,180 […]
Angus completes Saltfleetby maintenance
Angus Energy plc has completed the planned annual maintenance shutdown at the Saltfleetby gas site, east Lincolnshire. The scheduled five-day outage, finished on 13 July, included maintenance and improvement work, including the installation of compressor acoustic hood. The company reported no safety incidents and no harm to the environment. Dual compressor operation resumed during the […]