Range hits multiple pay zones in Trinidad
Range Resources said it has "highly encouraging" results from its Trinidad operation after discovering multiple pay zones during its current drilling programme.
Trinidad
LGO gets boost after Trinidad cuts oil royalty take
LGO Energy will benefit from lower royalty rates in Trinidad after state oil company Petrotrin slashed its take of production.
LGO Energy reaches payment deal agreement with BNP Paribas
LGO Energy said it has reached an agreement with BNP Paribas on a revision to its schedule of repayments.
Shell said to be eyeing $30billion divestment program
Oil major Shell is said to be lining up assets for a $30billion divestment program which could extend from the US and Trinidad to India following its takeover of BG Group last month.
LGO makes progress with $20million investment opportunity
Caribbean focused exploration company LGO Energy has agreed a deal that could secure $20million of investment.
Sparrows Group expands footprint into Trinidad and Tobago
Sparrows Group has expanded its footprint into Trinidad and Tobago after striking a deal to work with Miguel Mechanical Services.
Range Resource chief executive resigns
Range Resources said its chief executive has handed in his resignation notice. Yan Liu will step also down from his role as the company’s Trinidad general manager.
Touchstone ends Canada interest to focus on Trinidad
Touchstone Exploration has revealed it has agreed a deal to dispose of its Kerrobert, Saskatchewan facility as it focuses on its Trinidad operations.
Range Resources has Colombia licences revoked
Range Resources said it has been advised by authorities in Colombia that three exploration licences previously awarded to it have been revoked. The company said the National Hydrocarbons Agency in the country had informed them that PUT-5, VMM-7 and VSM-1 had been pulled over claims maintenance commitments had not been fulfilled.
LGO open to offers as part of strategic review
LGO Energy, the Trinidad-focused independent oil and gas firm has said it is open to offers as part of a formal strategic review.
LGO pays creditors in shares leaving cash for production
LGO Energy has offered to pay drilling creditors in company shares in order to conserve cash to pay for production activities in Trinidad.
LGO agrees early end to bank funding deal
Trinidad-based oil producer LGO Energy has agreed an early end to a banking arrangement with BNP Paribas, which will allow reduced repayment rates of $75,000 per month for the next three months.
Trinity’s Trinidad and Tobago production dips
Trinity confirmed a reduction in investment shaved-off the top of its production figures.
Trinity to sell Trinidad and Tobago onshore assets to Touchstone for $20.8m
Trinity Exploration & Production has struck a deal to sell a number of its onshore assets in Trinidad and Tobago to Touchstone Exploration in a $20.8million deal. The UK-listed company said the move comes after a strategic review was undertaken earlier this year.
LGO facing setback after stuck pipe forces well abandonment
LGO Energy is facing an expensive bill up to $4million after its latest drilling project in Trinidad was plugged and abandoned after a mechanical problem.
LGO snaps up share in Beach shallow oil
LGO Energy has agreed to take a 25% stake in Beach Oilfield which sees the UK-based company gain exposure to shallow oil resources in the South West Peninsular projects in Trinidad.
LGO Raises £1million for further Goudron investment
Trinidad-focused LGO Energy has raised a further £1million via a shares issue to pursue its flagship Goudron development in the Caribbean.
LGO’s Trinidad well exceeding expectations
Trinidid focused oil producer LGO Energy has released its first significant production results from a new well in the Goudron oil field in the Caribbean.
LGO Energy enjoys strong first-half to 2015
LGO Energy, the Trinidad-focused oil producer, doubled its revenue in the first six months of 2015 compared with the same period last year.
LGO completes Trinidad drilling programme
The last of LGO Energy's planned 2015 development wells at its Goudron field site in Trinidad has reached its target depth at 4,219 feet.
Trinity ditches Trinidad non-core asset
Trinity, the independent explorer focused on Trinidad and Tobago, has sold of its non-core assets as part of an ongoing review process.
Range Resources plans to drill 22 new wells
US independent Range Resources plans to drill 22 new wells in Trinidad by the end of the first quarter of 2016.
LGO begins production testing on latest Goudron well
Production testing has started on LGO's GY-675 well, the first drilled on Pad-5 in the Goudron Field in Trinidad.
LGO expands drilling programme in Trinidad
LGO Energy has confirmed it has begun drilling its seventh well of the year in Trinidad.
LGO makes good progress in Caribbean
Production costs of less that $10 per barrel are allowing LGO Energy to progress with confidence with its Goudron development in Trinidad.