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.
Trap Oil announces spud of Magnolia exploration well
Trap Oil (LON: TRAP) has announced that drilling operations have commenced on the Magnolia exploration prospect in UK North Sea block 13/23a.
Oil and Gas Round-Up – 8 February
A generally positive week in the SmallCapNews oil and gas universe.
Oil and Gas Round-Up – 25 January
A few well spuds, financings and generally positive updates this week in the SmallCapNews universe.
Trap Oil completes North Sea acreage farm-in
North Sea E&P company Trapoil (LON:TRAP) has completed a farm-in agreement with Extract Petroleum Ltd with respect to the acreage awarded to it in the recent 27th Seaward Licensing Round.
Trapoil frustrated by Romeo exploration well delays
Trapoil (LON:TRAP) said today that drilling work on its Romeo exploration well in the North Sea was 16 days behind schedule because of weather and operational delays.
Trap Oil agrees North Sea equity exchange with Caithness Oil
North Sea E&P company Trapoil (LON:TRAP) has agreed an equity exchange deal with Caithness Oil connected to the Knockinnon and Forse prospects.
Parkmead Group leads news of North Sea licence awards
North Sea oil explorers have begun revealing details of which licences they have been awarded as part of the UK government’s UKCS 27th Licensing Round, which were announced yesterday.
Trap Oil sets sights on North Sea drilling programme
Trap Oil (LON:TRAP), the North Seal oil and gas exploration and appraisal company, is set to see its next two wells get drilled in late September or early October.
Trap Oil raises new cash to fund expansion plans
North sea exploration and appraisal group Trap Oil (LON:TRAP) has raised £4.3 million in a share placing priced at 21p per share.
Valiant Petroleum to consider options for Orchid prospect
Valiant Petroleum (LON:VPP) and its partners on the Orchid exploration prospect in the North Sea, have plugged and abandoned the well following mixed results from drilling operations.
Trap Oil cheers first production from Lybster well
Trap Oil (LON:TRAP), the oil and gas exploration and appraisal company working in the North Sea, said today that production had started at its Lybster field situated on Block 11/24 – 3v2, which is operated by Caithness Oil Ltd.
