Wells to Watch in March
We take a quick canter through the results of the wells watched in February and then move on to the wells to watch in March.
Oil and Gas Round-Up – 1 March
A takeover, drilling results, investor discontent, contract award, asset deals and appointments were all seen in the SmallCapNews universe this week.
Wells to Watch in February
January was generally positive on the drilling front in the SmallCapNews universe, and February might throw up some nice surprises for well watchers too.
Faroe Petroleum announces gas condensate discovery with Rodriguez well
Faroe Petroleum has announced that further results from the Rodriguez exploration well in PL475 (6407/1-6S) (Faroe 30%), in the Norwegian Sea, have confirmed a significant gas condensate discovery in the Lower Cretaceous interval.
Faroe Petroleum awarded new Norway licences
Faroe Petroleum (LON:FPM) has been awarded eight new prospective exploration licences, including three operatorships, under the 2012 Norwegian APA Licence Round on the Norwegian Continental Shelf.
Oil and Gas Round-Up 2012 – Part 1
2012 has not been a stellar year for the majority of smaller E&P companies. We take a canter through what happened in the SmallCapNews universe. Year to date price in each case is as at 31 December 2012.
Faroe Petroleum spuds Rodriguez exploration well
Faroe Petroleum (LON:FPM) has begun drilling the Rodriguez exploration well in the Norwegian North Sea.
Faroe Petroleum provisionally awarded Iceland licences
Faroe Petroleum (LON:FPM) has been provisionally awarded exploration licences in the Dreki area on the Icelandic Continental Shelf in the Icelandic 2nd Licensing Round.
Premier Oil hit by dry well at Spaniards East
Premier Oil (LON:PMO) is set to plug and abandon the Spaniards East well in UK North Sea after it was found to be dry.
Faroe Petroleum to hand back West of Shetland licence
Faroe Petroleum (LON:FPM) has announced plans to cease work on the west of Shetland licence P1161, which contains the Freya and Fulla prospects.
Premier Oil begins drilling Spaniards East exploration well
Premier Oil (LON:PMO) has begun drilling operations at the Spaniards East exploration well in the North Sea.
Faroe Petroleum acquires stake in East Foinaven Field
Faroe Petroleum (LON:FPM) has agreed to acquire a 10 percent non-operated interest in the East Foinaven Field and a 0.5% interest in the West of Shetland Pipeline System.
