First full year of windfall tax drives EnQuest to loss
North Sea operator EnQuest (LON:ENQ) posted a loss in its 2023 full year financial results, reflecting the impact of the UK government's windfall tax on oil and gas firms.
bentley field
‘Various options’ on the table as EnQuest pushes ahead with Bressay and Bentley prospects
Operator EnQuest (LON: ENQ) is exploring a range of options as it draws up plans to develop two major North Sea prospects.
Whalsay chief to pick development concept for Bentley in Q3
Whalsay Energy’s boss has said the firm will pick a development concept for a 300 million barrel North Sea field in the third quarter of 2018.
New North Sea firm Whalsay to develop Bentley field after buying it for $1
Industry veteran Paul Warwick will spearhead efforts to develop one of the North Sea’s largest undeveloped discoveries, the Bentley field.
Bentley field sale expected to conclude this month
Liquidators are still on course to sell off one of the North Sea’s biggest undeveloped discoveries before the licence expires at the end of June.
Xcite liquidators confident of selling Bentley field before licence expires
Liquidators are confident they will wrap up the sale of one of the North Sea’s biggest undeveloped discoveries before the licence expires.
Sale of Xcite Energy dragging on
The sale of Xcite Energy looks set to drag on after liquidators said they were still working on a deal.
Exclusive: Liquidators closing in on North Sea Bentley licence sale
Liquidators are closing in on the sale of one of the North Sea’s largest undeveloped discoveries.
Welsh warns of Xcite “ripple effect” on supply chain
Xcite Energy’s slide towards liquidation could lead to the collapse of North Sea supply chain companies, an energy finance expert said yesterday.
Xcite mess shows liquidity crisis coming to pass, energy finance expert says
Energy finance expert Colin Welsh said yesterday that the disarray at Xcite Energy was part of the impending North Sea liquidity crisis he warned of earlier this year.
What we know so far: Xcite Energy’s Bentley project
Xcite Energy has been seeking out partners to help fund its North Sea Bentley Field for months amid an industry-wide slowdown in project financing.
Xcite Energy running out of time to find cash partner for Bentley field
Xcite Energy is said to be running out of time to find a partner to get the first phase of its planned Bentley heavy oil field development in the North Sea is and running.
Xcite pursues partners for Bentley field development
Xcite Energy said it continues to talk with potential field partners for its Bentley field development in the North Sea.
Xcite making slow progress with Bentley
Xcite Energy said it was continuing to make progress with its Bentley field, albeit that it was taking longer than it would like due to the technical nature of the development.
£300,000 loss for Xcite
Aberdeen heavy oil explorer Xcite Energy posted yesterday losses of £300,000 in the six months to the end of June, the same as in the same period last year.