Rockhopper Exploration completes sidetrack work on latest discovery well
Rockhopper Exploration (LON:RKH), the exploration group working in the Falkland Islands, has completed coring and logging operations on a sidetrack of its latest well in the North Falkland Basin.
Indus Gas sets sights on production expansion
Indus Gas (LON:INDI), the exploration and development company with assets in India, said today that it was on course to complete the second phase of development at its SGL field in the first quarter of 2012. The milestone will increase gas production at SGL from seven to 34 million standard cubic feet per day.
Nighthawk Energy moves to bolster stake in Jolly Ranch project
Nighthawk Energy (LON:HAWK), the US focused oil development and production company, is set to acquire an additional 25% stake in its main Jolly Ranch project in Colorado.
San Leon Energy changes terms of Barryroe licence holding
San Leon Energy (LON:SLE) has signed an agreement with Providence Resources (LON:PVR) to exchange its working interest in the Barryroe prospect in the Celtic Sea, Ireland, for a net profit interest (NPI).
Nautical Petroleum and Egdon Resources agree licence deal
Nautical Petroleum (LON:NPE) has agreed a deal with fellow E&P company Egdon Resources (LON:EDR) to acquire 15% interests in onshore UK Petroleum Exploration and Development Licences (PEDL) 118 and 203 located in Nottinghamshire.
Empyrean Energy cheered by cash boost from US production assets
Empyrean Energy (LON:EME) said this morning that cash received from its US production assets between June and November 2011 had increased by 55% on the previous six months.
Sefton Resources completes drilling of three new wells at Tapia Canyon
Sefton Resources (AIM: SER), the exploitation and production company with interests in California and Kansas, has completed the drilling of three of four new wells planned at its Tapia Canyon project.
Victoria Oil & Gas gets first gas from Logbaba project
Exploration and production company Victoria Oil & Gas (LON:VOG) has successfully installed and commissioned the production facilities and a gas pipeline network in Douala, near to its Logbaba gas project in Cameroon.
Northern Petroleum completes successful well test at Ottoland
Northern Petroleum (LON:NPM) has completed an extended well test of the Ottoland oil discovery in theNetherlands, which was originally drilled in 2007 and hydraulically fractured in 2009. Permission was received to conduct the test utilising a “jet pump” to assist the flow of oil.
Parkmead Group acquires stakes in North Sea projects
The Parkmead Group (LON:PMG) has agreed a deal to acquire four stakes of 20% interest each in blocks in the UK Southern North Sea. The four blocks contain the 47/10-8 gas discovery as well as the large Pharos gas prospect and several significant additional exploration targets.
Red Emperor Resources raises new cash to fund drilling work
Red Emperor Resources (LON:RMP), the exploration company with interests in Puntland and the former Soviet state of Georgia, has raised £4.09 million in a share placing priced at 11p per share.
DEO Petroleum signs FPSO deal for Perth field development
DEO Petroleum (LON:DEO), the oil and gas development company working in the North Sea, has signed an interim agreement to secure a floating, production, storage and offloading vessel for its Perth field development.
