Independent Oil and Gas given more time to commit on Harvey well
Independent Oil and Gas (IOG) has been given more time to commit to an exploration well on its Harvey licence in the Southern North Sea.
independent oil
Enegi Oil ‘excellent potential’ despite losses
Independent oil and gas explorer Enegi Oil said its interests in the North Sea and Jordan offered excellent potential.
EnQuest seeking North Sea assets
The UK's largest independent Oil and gas operator said yesterday it was on the lookout for stakes in more North Sea fields as it prepared for a busy year in the region.
Endeavour may sell stake in North Sea
Independent oil and gas explorer Endeavour International is to consider selling its North Sea business as part of a strategic review.
New face on the board
Industry body Oil & Gas UK yesterday welcomed a new board member, Phil Kirk, chief executive of independent oil and gas exploration and production company Chrysaor.
EnQuest retail bond raises £145million
North Sea independent oil and gas firm EnQuest said yesterday it had raised £145million through its retail bond issue.
Enegi in second farm-out out to Azimuth
Independent oil and gas explorer Enegi Oil has agreed to farm-out part of a North Sea block also containing the Phoenix discovery to Azimuth.
Tullow gobbles up Spring
London-listed Tullow Oil is purchasing the Norwegian independent oil and gas company Spring Energy for $372.3million, subject to adjustment for working capital. The deal with HitecVision (87.6%) and other shareholders (12.4%) is back-dated to September 1.
Drilling under way in Darwin campaign
North Sea-focused independent oil and gas company Fairfield Energy said yesterday that drilling had started on the first of a three-well campaign in the Darwin area.
Move boosts recruitment plans at Fairfield Energy
Independent oil and gas operator Fairfield Energy is looking to recruit up to 20 people in the next 12 months after moving into a new base for its North Sea operations.
Centrica drops out of Inverewe (Kew) drilling
Independent oil and gas explorer Trapoil is on the hunt for a partner to drill on the northern North Sea Inverewe prospect after Centrica opted out of the plans.
Trapoil raising £4.3million to fund growth and opportunities
Independent oil and gas exploration firm Trapoil said today it is looking for opportunities to become an operator and grow its exploration portfolio after announcing a £4.3million share placing.
Enquest to up stake in Kraken
Independent oil and gas firm EnQuest said today it is to fast-track its Kraken development after agreeing a deal to boost its stake in the North Sea field.
Tullow Oil top in UK ranking
Tullow Oil has once again been named the top UK upstream independent oil company.
Good start to 2012 for EnQuest
Independent oil and gas firm EnQuest today announced a near-£60million deal which will give it a 20% stake in the UK North Sea Kraken discovery.
Parkmead buys interest in Dana fields
Aberdeen-based energy investment firm Parkmead Group made its first step to becoming an independent oil and gas company today.
Profits rise at Talisman
Independent oil and gas operator Talisman Energy said today its profits more than doubled during the third quarter of the year.
Aberdeen oil entrepreneur could cash in by £34million
An Aberdeen entrepreneur who has created one of Europe's top independent oil and gas firms could pick up more than £34million from its sale, it emerged yesterday.
Sibir on track for record year
SIBIR Energy, the UK-listed oil operator which is 100% focused on Russia, said yesterday that in the first half of 2008 it had already achieved 84% of the record financial performance of the whole of 2007.
Valiant set for first oil next year
Independent oil and gas company Valiant Petroleum said yesterday it had made excellent progress in becoming a key North Sea player.