Skerryvore: The UK North Sea ‘well to watch’ this year
Analysts have named Parkmead Group’s (AIM: PMG) Skerryvore as the UK North Sea well to watch this year.
Parkmead
Who won? A look at the latest North Sea licences being dished out by NSTA
The second tranche of the 33rd offshore licensing round sees 17 companies awarded North Sea licences
Parkmead Group shares skyrocket after it announces new gas discovery
Shares in Parkmead Group have shot up nearly 20% after the Aberdeen-based energy firm announced a new onshore gas discovery in the Netherlands.
‘Diminishing hopper’ of big North Sea projects a leash on firms’ ability to offset tax hike
Westminster’s hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Parkmead decides to drill Skerryvore and ups stake in North Sea project
Parkmead (LON: PMG) has taken the decision to push ahead with the much-anticipated Skerryvore field in the UK North Sea.
Parkmead takes £11million hit as it gives up on Platypus project
Parkmead Group has taken a £10.9million impairment after handing back the licences for the Platypus project in the North Sea.
OGUK unveils 10 ‘principles’ to support battered supply chain
Trade body Oil and Gas UK (OGUK) has published a list of 10 “principles” aimed at helping a "fragile" supply chain whose margins have been squeezed tight by customers in recent years.
Money men: What does it take to make the rich list?
Think of an entrepreneur and it is likely a squillionaire comes to mind. The most recent Rich List highlights a number of those who have made their fortunes as entrepreneurs in the north of Scotland.
Parkmead vows to ‘take its own path’ to growth
Parkmead Group boss Tom Cross said yesterday the Aberdeen-based oil firm would “take its own path” to growth as North Sea newcomers battle over assets.
Great year for north-east oil and gas entrepreneur
North Sea oil and gas entrepreneur Tom Cross had lots of reasons to cheer Parkmead Group’s latest results after a string of progress markers.
Updated: Parkmead’s losses widen amid North Sea investment programme
Aberdeen-based Parkmead’s losses widened in its yearly financial results as it continues an investment programme for the North Sea.
Explorers targeting ‘multiple new discoveries’ following licensing round
Several oil explorers, including Aberdeen’s Faroe Petroleum, have said they are targeting “multiple new discoveries” following the latest North Sea licensing round.
Parkmead aims to unlock “substantial value” from Greater Perth Area after narrowing losses
Parkmead Group said yesterday it aimed to unlock “substantial value” from the Greater Perth Area (GPA) in the UK North Sea.
Parkmead takes full ownership of key North Sea fields
Aberdeen oil firm Parkmead has struck a deal to take full ownership of two central North Sea fields.
Parkmead doubles down West of Shetland, significantly increases stake
Parkmead this morning confirmed it had nearly doubled its stake in the major Sanda North and Sanda South structures in the West of Shetland area of the UK North Sea.
Parkmead moves out of the red and into the black thanks to low Dutch gas recovery cost
Parkmead Group has moved out of the red and into the black.
Parkmead hails ‘excellent progress’ as new assets added, losses narrowed
The boss at Parkmead Group hailed an “excellent year of progress” as the firm added to its portfolio and narrowed its losses significantly in the 12 months to June 30.
Parkmead boss declares interest in Shell North Sea assets, has $100m to spend
The boss at Parkmead Group said yesterday that the company was interested in North Sea assets that form part of Shell’s divestment plans.
Parkmead increases its stake in major North Sea oil project
Parkmead has continued its North Sea acquisition campaign, increasing its stake in a major North Sea oil project.
Parkmead armed with “tonnes of firepower” for North Sea acquisitions
Aberdeen-based Parkmead Group has “tonnes of firepower” left for acquisitions after doubling its stakes in two North Sea fields, the oil and gas firm’s boss said yesterday.
Parkmead doubles stake in two UK North Sea fields
Parkmead has bulked up its North Sea portfolio, doubling its stake in two UK offshore fields.
Parkmead boss on the hunt for new opportunities
North Sea entrepreneur Tom Cross said yesterday he would “certainly be interested” in exploration and production assets currently owned by France’s Engie.