Orcadian no longer a ‘one-trick pony’ after licence agreement with NSTA
Orcadian Energy also said its viscous oil projects containing 'post-transition' hydrocarbons will be a good feedstock for lubricants and EV battery components.
Pilot field
Orcadian agrees further loan extension with Shell
North Sea operator Orcadian Energy (AIM:ORCA) has announced an agreement for a further extension to its $1.4 million loan repayment to a Shell subsidiary.
Orcadian says Elke North Sea prospect has potential to be ‘bigger than Pilot’
Orcadian Energy CEO also said first oil could be achieved at its Pilot development by 2028
Ping Petroleum to reawaken North Sea giant
Ping Petroleum has picked up a trio of North Sea licences, including that pertaining to the slumbering Hutton field.
Ping Petroleum completes Pilot farm-out deal
Ping Petroleum has completed its farm-out deal relating to the Pilot field in the North Sea with Orcadian Energy (AIM:ORCA).
Orcadian: Ping’s Pilot play points to ‘area plan potential’
Fresh from securing a farm-out deal, Orcadian Energy boss Steve Brown points to the strategic advantages of a new floating development at Pilot in the central North Sea.
Deal: Ping Petroleum buys control of Orcadian’s Pilot North Sea project
Orcadian Energy has confirmed Ping Petroleum has become its farm-in partner on the Pilot field, concluding long-running negotiations over the future of the North Sea development.
Updated: Orcadian raises £500k to progress North Sea Pilot field
North Sea operator Orcadian Energy (LON: ORCA) has successfully raised £500,000 by means of a share placing on the London Stock Exchange.
Orcadian eyes INTOG, farm-out progress at Pilot in 2023
Orcadian Energy will look to the INTOG offshore leasing round to help progress its flagship Pilot development, chief executive Steve Brown said, as the firm looks to make headway in 2023.
Orcadian executes Carra farm-out deal
Orcadian Energy (AIM:ORCA) has executed a formal agreement with Carrick Resources which will see the latter farm in to a 50% share of its Carra prospect in exchange for further seismic interpretation.
Orcadian agrees royalty share seismic deal with TGS
Orcadian Energy has signed a new deal with energy data group TGS, which will see it gain access to 3D seismic data across several of its licences in return for a share of future production royalties.
Orcadian ‘keeping options open’ as Pilot work progresses
Having secured assurance from the OGA, Orcadian Energy is now working to progress a low-carbon field development plan for its flagship Pilot field, with a view to bringing partners in 2022.
‘Really important step’: Orcadian hits key OGA milestone for development of 80million-barrel Pilot project
Orcadian Energy has taken "a really important step" on the way to pushing through its 80million-barrel Pilot field in the UK North Sea.