Legal challenge set to quash approval for Wressle extension
The developers of the Wressle oil field extension have warned that planning approval for the project is likely to be overturned by an upcoming legal challenge.
The developers of the Wressle oil field extension have warned that planning approval for the project is likely to be overturned by an upcoming legal challenge.
The developers of the Wressle oil field extension have warned that activists have moved to challenge planning approval granted to the project.
Analysts have warned the long-delayed results of the UK’s 33rd licensing round could see developers hand back the North sea licences awarded to them.
A third and final wave of North Sea licences are expected to be awarded on Friday for the regulator’s 33rd offshore round.
Europa Oil & Gas (AIM: EOG) has warned that its Serenity oil development in the Central North Sea could be hit by a new government changing its fiscal policy.
Despite a lossmaking 12 months, Europa Oil and Gas said discussions are ongoing around potential routes to develop its Serenity discovery alongside the nearby Tain field.
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
Europa Oil and Gas Holdings (LON: EOG), which has a stake in North Sea field, has announced a change to its top brass.
Europa Oil and Gas, i3 Energy and Repsol Sinopec are looking at unitising their Tain and Serenity developments after appraisal drilling at the latter proved disappointing.
‘Various options’ are on the table as the partners behind the ‘disappointing’ Serenity field try to garner some value from the project.
Europa Oil and Gas (AIM:EOG) has announced a significant uptick in revenues and profits for the 2021/22 period, despite disappointment at its Serenity farm-in.
i3 Energy (LON: I3E) has announced “disappointing” results for the hotly-anticipated appraisal of its Serenity discovery in the North Sea.
i3 Energy (LON: I3E) has said it will drill its “company-maker” Serenity appraisal well this month.
I3 Energy has completed a farm-out of a 25% working interest in its Serenity field to Europa Oil and Gas.
Europa Oil and Gas has announced the appointment of Will Holland to the role of chief financial officer and executive director later this year.
North Sea firm i3 Energy has executed a key part of a deal to dish out a 25% stake in its Serenity field.
i3 Energy (LON:I3E) (TSX:ITE) has struck a deal in principle to farm-out a 25% non-operated working interest in its Serenity project.
Shares in Egdon Resources climbed more than 30% today as the firm and its partners reported first oil from the Wressle project, onshore UK, was approaching fast.
UK and Ireland focused Europa Oil & Gas has raised £4 million through the placing of 133m new shares.
Europa Oil and Gas will today ask Surrey Council for a three year extension to its temporary permission period for the Holmwood well in the Weald Basin.
Europa Oil and Gas has announced that it is beginning the farmout process from its collected Irish licences, estimated to hold 4.3 billion barrels of oil equivalent (BOE).
UK and Irish focused oil firm Europa Oil and Gas has said today that it is reporting a “near doubling” of its prospect inventory in the South Porcupine Basin, Atlantic Ireland.
Egdon Resources has bought an additional 5% interest in the licences containing the Wressle oil discovery and the Broughton North prospect.
Europa Oil & Gas said the Environment Agency is "minded" to award a permit for drilling and testing the Holmwood exploration well in Surrey.
Europa Oil and Gas narrowed its losses during a 2016/17 financial year marked by “record levels” of corporate activity at the AIM-listed company.