North Sea firm warns windfall tax risks derailing project
Europa Oil & Gas (AIM: EOG) has warned that its Serenity oil development in the Central North Sea could be hit by a new government changing its fiscal policy.
Serenity
i3 and Europa mull fresh bid for Tain North Sea discovery
Europa Oil and Gas (AIM: EOG) and i3 Energy (AIM: i3e) are considering plans to pick up the Tain North Sea discovery given up by Repsol earlier this year.
Tain licence in mix as Europa presses on with Serenity development talks
Despite a lossmaking 12 months, Europa Oil and Gas said discussions are ongoing around potential routes to develop its Serenity discovery alongside the nearby Tain field.
Repsol Sinopec cancels Tain North Sea project, blow to i3’s ‘Serenity’
The move casts doubt over i3 Energy's "Serenity" prospect, which was hoped to be unitised with Tain.
Oil firm Europa shuffles top team
Europa Oil and Gas Holdings (LON: EOG), which has a stake in North Sea field, has announced a change to its top brass.
Europa eyes decision on Tain-Serenity combination in early 2023
Europa Oil and Gas, i3 Energy and Repsol Sinopec are looking at unitising their Tain and Serenity developments after appraisal drilling at the latter proved disappointing.
Serenity partners ‘assessing various options’ to produce North Sea field
‘Various options’ are on the table as the partners behind the ‘disappointing’ Serenity field try to garner some value from the project.
Europa swings to 2022 profit despite Serenity setback
Europa Oil and Gas (AIM:EOG) has announced a significant uptick in revenues and profits for the 2021/22 period, despite disappointment at its Serenity farm-in.
UK well-slot: Could Orlov be a hero for Shell?
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
‘It’s not 200m barrels, but there’s still some oil there’ says i3 boss on Serenity
The CEO of i3 Energy (LON: i3E) has outlined hopes for a smaller development at the Serenity discovery despite disappointment at the appraisal stage.
i3 Energy may look to Repsol Sinopec as Serenity faces ‘heavy downgrade’
There are still options on the table for i3 Energy on the Serenity field, although a more modest concept is now likely in the works as it faces a “heavy downgrade”.
‘Company-maker’ Serenity discovery disappoints at appraisal for i3 Energy
i3 Energy (LON: I3E) has announced “disappointing” results for the hotly-anticipated appraisal of its Serenity discovery in the North Sea.
Well-Slot: Trio of active exploration wells in the UK
As of 26 September, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. Two appraisal wells are currently active in the CNS. One well completed at Diadem.
North Sea discovery surpasses billion-dollar valuation
The i3 Energy (LON: i3E) Serenity discovery in the UK North Sea has been valued at over one billion dollars in a recent Tennyson Securities report.
i3 confirms spud of ‘company maker’ Serenity well
Drilling has now begun at the Serenity appraisal well in the central North Sea, after the Stena Don arrived on station earlier this week.
Serenity now: Stena Don to spud key North Sea well this week
The partners in the “company-maker” Serenity well have reported the arrival of the Stena Don rig at the site the central North Sea, ahead of drilling start-up later this week.
i3 Energy to drill ‘company-maker’ Serenity appraisal this month
i3 Energy (LON: I3E) has said it will drill its “company-maker” Serenity appraisal well this month.
Operator i3 Energy completes Serenity farm-out to Europa Oil and Gas
I3 Energy has completed a farm-out of a 25% working interest in its Serenity field to Europa Oil and Gas.
i3 Energy hands Petrofac contract on ‘company-maker’ Serenity well
Petrofac has been named well engineering operator on the upcoming i3 Energy Serenity appraisal.
i3 Energy doubles quarterly production on Canadian expansion
UK and Canada-focused independent i3 Energy has seen quarterly production double that of last year, as it looks to invest further capital in its Canadian drilling programme.
Europa appoints ex-Macquarie director as CFO and executive director
Europa Oil and Gas has announced the appointment of Will Holland to the role of chief financial officer and executive director later this year.
North Sea operator i3 Energy executes farm-in agreement with Europa for Serenity
North Sea firm i3 Energy has executed a key part of a deal to dish out a 25% stake in its Serenity field.
i3 Energy seeks more partners on ‘company-making’ North Sea field
North Sea operator i3 Energy (LON: I3E) has said an appraisal on its “company-making” Serenity field will now take place in the second half of the year.
i3 Energy farms out stake in North Sea Serenity project
i3 Energy (LON:I3E) (TSX:ITE) has struck a deal in principle to farm-out a 25% non-operated working interest in its Serenity project.
i3 Energy targets appraisal on ‘company-maker’ Serenity field in Q1
Westhill-based i3 Energy has said it will seek to drill an appraisal of its “company-maker” Serenity project as early as the first quarter of next year.