Egdon Resources plc said it would apply for planning permission before the end of February 2021 for a new oil well at Biscathorpe in Lincolnshire. SIDE-TRACK The operating company has a 35.8% interest in PEDL253 and its joint venture partners include Union Jack Oil (30%). Egdon said that accessible drilling target areas had been identified, […]
Tag: oil
Angus to increase stake in Brockham oil licence to 75%
Hydrocarbon company Angus Energy plc announced it hopes to acquire Doriemus plc’s 10% interest in the onshore oil Brockham Licence (PL235) in Surrey. The deal, if approved by the Oil & Gas Authority (OGA), would see Angus’ share in the licence increase from 65% to 75%. Angus also said it would ask shareholders at its […]
UKOG to start drilling in early 2021 at Turkish Resan
UK Oil & Gas plc (UKOG) aims to start drilling in early 2021 at the 305 km² Turkish Resan licence in which it has a 50% interest. The hydrocarbon exploration and development company executed the farm-in participation agreement last Wednesday (4 October) with Aladdin Middle East Ltd (AME) for its share in the project. UKOG […]
Rathlin continues plan for new wells at West Newton
Rathlin Energy (UK) Ltd said its proposals were moving forward for up to four new oil wells which would extend its hydrocarbon operations in West Newton, East Riding. The exploration and production company holds a 66 2/3% interest in PEDL 183 covering approximately 176,000 acres, with Union Jack Oil and Reabold Resources also holding interests. […]
Union Jack increases North Kelsey stake to 50%
Union Jack Oil plc has acquired a further 30% from Egdon Resources plc of the North Kelsey prospect PEDL241 in Lincolnshire. TERMS The onshore hydrocarbon exploration and development company paid a cash consideration of £100,000 and has now aligned its 50% interest with operator Egdon. Previous financial farm-in obligations in respect of the 20% interest […]
Rathlin starts West Newton B-1 main borehole drilling
Rathlin Energy (UK) Ltd has started drilling at the onshore West Newton B-1 (WNB-1) well, following the West Newton A-2 (WNA-2) appraisal well (PEDL183), in East Yorkshire. The site operator will use a Drillmec HH 220 drilling rig to drill a borehole to an approximate depth of 2,000 metres and take six to ten weeks […]