Regal to sell Romania asset to Zeta Petroleum
Regal Petroleum (LON:RPT) has agreed a deal to sell its 50 percent non-operated interest in the Suceava concession in Romania to Zeta Petroleum – a UK based company that recently listed on the Australian Stock Exchange.
Gulfsands Petroleum eyes production test in Tunisia
Gulfsands Petroleum (LON:GPX) said today that production testing operations on its Sidi Dhaher No. 1 well in Tunisia are about to get under way.
Amerisur Resources encouraged by initial results of Platanillo-3 well
Amerisur Resources (LON:AMER), the oil and gas producer and explorer working in South America, has substantially completed the Platanillo-3 well in the Platanillo Field, Colombia.
Tower Resources hires Graeme Thomson as CEO
Tower Resources has appointed Graeme Thomson to the role of chief executive effective from June 1.
Ithaca Energy shelves takeover efforts in favour of further expansion
Ithaca Energy (LON:IAE), the Canada-based North Sea oil group that this week began production from the Athena field, has ditched plans to sell itself to another group and has instead secured a new debt deal to help it expand.
Gulf Keystone Petroleum forced to wait on Ber Bahr oil discovery
Gulf Keystone Petroleum (LON:GKP), the oil group with operations in the Kurdistan region of Iraq, has released details from drilling work on the Ber Bahr-1 exploration well on the Ber Bahr block, which spudded last October.
Valiant Petroleum to carry out further test work on Tybalt appraisal well
North Sea exploration and production group Valiant Petroleum (LON:VPP) is set to carry out more testing on its Tybalt appraisal well after receiving mixed results from the well.
Ithaca Energy produces first oil from Athena field
Ithaca Energy (LON:IAE) has successfully started oil production from the Athena field in the North Sea.
Gulf Keystone Petroleum spuds exploration well in Kurdistan
Gulf Keystone Petroleum (LON:GKP) has begun drilling the Sheikh Adi-2 exploration well on the Sheikh Adi block in the Kurdistan Region of Iraq. The block is located immediately to the west of the company’s Shaikan block, where it already has a major discovery on its hands.
Faroe Petroleum starts drilling Clapton exploration well in Norway
Faroe Petroleum (LON:FPM) has begun drilling the Clapton prospect in the Norwegian North Sea – the company’s first operated well in Norway.
Providence Resources confirms potential of Barryroe well
Oil and gas group Providence Resources (LON:PVR) said this morning that a series of post-drill studies of its Barryroe well offshore Ireland had confirmed high productivity potential of the oil bearing rock.
Roxi Petroleum encouraged by early results from latest well in Kazakhstan
Roxi Petroleum (LON:RXP), the AIM quoted oil and gas group with operations in Kazakhstan, has received “encouraging” early results from its latest well on the Galaz Contract Area.