Angus Energy plc said it would conduct surveys and re-interpretations before submitting a planning application for a sidetrack for the onshore Lidsey oil field (PEDL241) near Bognor Regis, West Sussex. TIMETABLE The company, which holds an 80% interest, said that seismic acquisition by Rees Onshore Seismic and Stryde was complete and reprocessing by realtimeseismic.com was […]
Tag: oil and gas
UKOG granted extension to drill at Horse Hill
UK Oil & Gas plc (UKOG) has been granted a two-year extension to drill in its licences at Horse Hill oil field near Gatwick, southeast England. The company said that the Oil & Gas Authority gave approval to the remaining drilling deadlines at PEDL137 and PEDL246 in response to Covid-19. These are needed to satisfy […]
IOG signs gas sales agreement with Gazprom
IOG plc has signed a gas sales agreement (GSA) with Gazprom Marketing & Trading Ltd (GM&T) for its reserves in the UK Southern North Sea. The deal, which encloses a mutual extension option, followed a competitive off-take process involving more than 10 bidders over recent months. AGREEMENT The GSA relates to IOG’s equity production for […]
Egdon completes proppant squeeze at Wressle-1 well
Egdon Resources plc has completed the proppant squeeze operation on the Ashover Grit reservoir interval in the Wressle-1 oil well, North Lincolnshire. The oil and gas joint venture project in licences PEDL180 and PEDL182 comprises the operator Egdon (30%), Union Jack Oil (40% economic interest) and Europa Oil & Gas (Holdings) plc (30%). INSPECTION A […]
Predator board member Ronald Pilbeam to step down
Predator Oil & Gas Holdings plc announced that board member Ronald Pilbeam is to step down with immediate effect. Mr Pilbeam is leaving the company after some three years to pursue other interests.
United to exit North Sea with £3.2m Maria sale
United Oil & Gas plc has signed a non-binding heads of terms agreement to sell its UK Central North Sea licences P2480 and P2519 to newly formed Quattro Energy Ltd for up to £3.2 million. REVIEW United holds a 100% equity interest in each, with licence P2519 including the Maria discovery in block 15/18. The company […]