Egdon Resources UK Ltd has submitted an appeal against Lincolnshire County Council’s refusal to allow sidetrack drilling, testing and long-term oil production at Biscathorpe. PROCESS The company is the operator of joint venture PEDL253 with a 35.8% interest, Union Jack Oil plc holds a 45% economic interest, and Montrose Industries Ltd has 19.2%. Egdon submitted […]
Tag: oil & gas
Scirocco reports progress for Ruvuma and Kiliwani North
Scirocco Energy plc reported operational progress at its gas interests at Ruvuma and Kiliwani North in Tanzania. RUVUMA The company holds a 25% non-operated interest on the Ruvuma production sharing agreement. Operator ARA Petroleum Tanzania Ltd (APT) is directing a seismic acquisition programme and preparations to drill the Chikumbi-1 (CH-1) well. APT has also […]
Neptune doubles Duva gas production
Neptune Energy and its partners today said they would support increased supplies to Europe by doubling gas production from the Duva field in the Norwegian North Sea. DEMAND Neptune added that the companies had worked closely with the Norwegian authorities to identify measures to help meet gas demand in Europe. “This will enable an increase […]
UKOOG urges inclusion of shale gas in energy security strategy
The UK’s onshore oil and gas industry body has urged shale gas to be included in the Government’s homegrown energy security strategy announced today. BOWLAND SHALE The announcement of the strategy follows yesterday’s news that the Government had commissioned the British Geological Survey (BGS) to conduct a scientific review on shale gas extraction. Charles McAllister, […]
United nears closing sale of Selva interest
United Oil & Gas plc has received approval from authorities in Italy to transfer ownership of the company’s Italian assets to Prospex Energy plc. SPA UOG Italia Srl holds a 20% non-operated interest in the Podere Gallina licence, which contains the Selva gas development project. In August 2021, United signed a conditional sales and purchase […]
VOG temporarily stops trading after $12m award ruling
Victoria Oil & Gas plc (VOG)’s shares were yesterday suspended after an arbitral tribunal of the International Chamber of Commerce (ICC) ruled against the company’s subsidiary Gaz du Cameroon, making an award of US$12.1 million. NO DELAYS The dispute between GDC and RSM Production Corporation relates to previous work in Cameroon. The company said that […]