Mixed outlook for Falkland Islands oil and gas explorers
Excitement for investors in any of the five small-cap oil and gas explorers operating in the Falkland Islands could be hard to come by this year. In fact, the noisy neighbours in Argentina might be well advised to save their efforts with the Las Malvinas rhetoric until 2014, because that’s when all the E&P attention [...]
Premier Oil and Antrim Energy disappointed by Cyclone well result
Premier Oil (LON:PMO) and its partner Antrim Energy (LON:AEY) have plugged and abandoned the Cyclone well in the UK North Sea after failing to find commercial oil.
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.
Ithaca Energy welcomes new North Sea licence awards
North Sea exploration and production company Ithaca Energy (AIM:IAE) has been offered two new traditional licenses in the UK’s 27th Offshore Licensing Round.
Rockhopper Exploration completes farm-out deal with Premier Oil
Falkland Islands oil exploration company Rockhopper Exploration (LON:RKH) has completed its farm-out deal with Premier Oil (LON:PMO).
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.
Serica Energy agrees North Sea farm-in deal with JX Nippon
Serica Energy (LON:SQZ) has farmed-out a major portion of its UK Central North Sea Block 22/19c to JX Nippon Exploration and Production.
Premier Oil to take major stake in Rockhopper’s Falkland Islands interests
Premier Oil (LON:PMO) has agreed a deal to farm-in to a 60 percent stake of Rockhopper Exploration’s licence interests in the Falkland Islands.
Nautical Petroleum cheers Carnaby well success
Shares in Nautical Petroleum (LON: NPE) gained 8.8p to 267p during trading on Wednesday after news emerged that the company’s Carnaby well in the North Sea had discovered oil.
Premier Oil secures approval for Solan field development plan
Premier Oil (LON:PMO), the FTSE 250 oil group, has received UK government approval of its Field Development Plan for the Solan field on the UK Continental Shelf West of Shetland.
Antrim Energy to regain interests in Fyne licence
Canadian oil group Antrim Energy (LON:AEY) is set to regain a substantial interest in the UK Central North Sea licence P077 Block 21/28a from Premier Oil (LON:PMO) at no cost.
Premier Oil encouraged by success of latest well in Indonesia
Premier Oil (LON:PMO), the FTSE 250 E&P group, has successfully tested the Lama formation within the Anoa field on Natuna Sea Block A in Indonesia.
