Norwegian well project heralds ‘exciting times’
Faroe Petroleum said yesterday drilling had started on the Clapton prospect in the Norwegian North Sea.
gas explorer
Development drilling starts on Breagh
Development drilling has started on the southern North Sea Breagh gas field, Aberdeen-based oil and gas explorer Sterling Resources said today.
Xcite draws on new cash
Aberdeen-based Xcite Energy said yesterday it had drawn down £2.12million on its equity funding agreement with venture-capital firm Esousa Holdings. Esousa has taken nearly 1.9million shares in Xcite as a result of the funding, which the oil and gas explorer said it would use as future working capital and to progress towards first oil from its Bentley North Sea field.
Xcite give full year results
Aberdeen-based oil and gas explorer Xcite Energy has moved back into the black, thanks to gains on foreign-exchange rates.
Rowan Norway on way to Bentley, MKII
The jack-up rig Rowan Norway, contracted out to oil and gas explorer Xcite Energy, is once again on the move.
Costs on Breagh overrun
Oil and gas explorer Sterling Resources has said costs have overrun by 17% on the southern North Sea Breagh gas development.
Nautical to take 25% stake in Hydra prospect
Oil and gas explorer Nautical Petroleum said today it had entered into an agreement with First Oil Expro to buy a 25% stake in a North Sea block containing the Hydra prospect.
Rockhopper looking for partner
Falklands oil and gas explorer Rockhopper expects to find a partner to invest in its Sea Lion discovery in three months, according to reports.
MPX to develop Orlando
Oil and gas explorer MPX North Sea has applied to the Department of Energy and Climate Change to develop the Orlando field.
Rockhopper completes sidetrack well
South Atlantic-focused oil and gas explorer Rockhopper Exploration said today it had successfully completed drilling a sidetrack well in the North Falkland Basin.
Ocean Guardian spuds final Falklands well
Falklands oil and gas explorer Rockhopper Petroleum said today it had spudded its latest well in the remote region.
Trapoil farms out Kew to Centrica and Nippon
OIL and gas explorer Trap Oil Group, which trades as Trapoil, is to farm out its UK North Sea Kew field to Centrica and Japan's JX Nippon.
Antrim to drill three North Sea wells before 2012
Canadian oil and gas explorer Antrim said today it is to drill three wells in the North Sea by the end of the year starting with the Erne prospect.
Faroe making strides in Norway
Aberdeen-based oil and gas explorer Faroe Petroleum said today drilling had started on the T-Rex discovery in the Norwegian North Sea.
Providence ready to drill off Ireland
Oil and gas explorer Providence Resources is due to start drilling off the coast of Ireland in the next two weeks.
Hurricane updates on Whirlwind
UK oil and gas explorer Hurricane Exploration said today it had found light oil and gas condensate in its west of Shetland Whirlwind well.
Bowleven goes deeper in the Douala
Edinburgh-based oil and gas explorer Bowleven said today it was to drill deeper on its latest offshore Cameroon exploration well.
Desire confirms its belief in Falklands prospects
Oil and gas explorer Desire Petroleum has said its faith in the potential of its Falklands acreage was confirmed by a detailed review of its assets.
Ranger becomes North Sea Energy
North Sea oil and gas explorer Ranger Exploration is now trading as North Sea Energy after being taken over.
Barryroe drilling “heralds renaissance”
Oil and gas explorer Providence Resources said today it was marking a "renaissance of major drilling activities" offshore Ireland with a well on the Barryroe prospect in mid-November.
Rockhopper’s Desire to up Falklands stake
Falklands oil and gas explorer Rockhopper Exploration is to boost its holdings in the region by agreeing a farm-in with Desire Petroleum which could extend its Sea Lion discovery.
News in brief
The UK's offshore health and safety regime could be adopted across Europe after a vote by politicians in Strasbourg today.
Valiant outlines rest of 2011 exploration
OIL and gas explorer Valiant Petroleum today gave an update on its 2011 exploration programme.
Desire reviewing financing options to restart Falklands drilling
Shares in oil and gas explorer Desire Petroleum fell 11% to 19p today after it said it was continuing to look for finance to restart its drilling campaign.
Melrose cuts production estimates for second time
OIL and gas explorer Melrose Resources has reduced its full-year production estimate for a second time this year after setbacks in Egypt.