Longboat buys first producing assets via stake in Statfjord
Longboat Energy is to acquire minority stakes in two units of Norway’s Statfjord oil field, in a deal that will offer the company its first producing assets.
Longboat Energy is to acquire minority stakes in two units of Norway’s Statfjord oil field, in a deal that will offer the company its first producing assets.
Having completed its 2022 drilling programme, Longboat Energy (LON:LBE) has secured additional lending and is now looking to its next phase of exploration in 2023.
Longboat Energy has announced deal to farm-in to two gas-weighted exploration prospects on the Norwegian Continental Shelf led by OMV Norge.
Buoyed by a string of commercial discoveries, Longboat Energy is considering its next moves as it awaits the drilling of the final two of a seven-well campaign off Norway.
Longboat Energy (LON: LBE) has been left disappointed after it made a non-commercial “minor oil discovery” in the southern North Sea.
Longboat Energy has hailed the start of drilling on its first ever exploration well.
A new North Sea firm, created by the former bosses of Faroe Petroleum, has announced it is evaluating "a number" of potential acquisition targets.