IOG plc said it needed to conduct further processes and safety studies before reopening the shut-in Blythe well at its Saturn Banks project in the Southern North Sea. WORKSTREAMS The company and its offshore duty holder ODE Asset Management (ODEAM) are investigating the chemical injection fault on the Blythe platform which led to the Blythe […]
Author: editorial
Orcadian estimates oil-in-place increase for Pilot-Bowhead
Orcadian Energy plc estimated an increase in oil-in-place based on new interpretation of reprocessed seismic data for the Pilot, Feugh and Blakeney discoveries and the Bowhead prospect. PILOT The company said that the development area oil-in-place would increase by 10% to 15% compared with the previous estimates which were based on an older seismic survey. […]
Orcadian granted extension to Phase A of licence P2320
Orcadian Energy plc has been granted a time extension to Phase A of licence P2320 in the UK North Sea. EMISSIONS The North Sea Transition Authority (previously known as the Oil and Gas Authority) allowed the extension to 14 May 2023, with the initial term also extended to 14 November 2024. The company said that licence P2320 […]
Chesterfield nears listing Adeline in N. America
Chesterfield Resources plc is a step closer to North American listing after publishing its NI 43-101 technical report on the Adeline copper project in Labrador, Canada. PROGRAMME The company said that the report was a key component of its application for a secondary listing on the TSX-V exchange in Canada and on the OTC market […]
Cornish Tin opens fundraise to public
Cornish Tin Ltd said that following “an extremely strong response” it would extend its recent fundraise to the public for its Great Wheal Vor project. MINERAL RIGHTS Money received will advance work at a group of 26 former producing tin and copper mines near the village of Breage in Cornwall. The company added it had […]
Rockhopper reports second extension for Falklands deal
Rockhopper Exploration plc, Harbour Energy plc and Navitas Petroleum LP have extended the provisions of the heads of terms for oil interests in the North Falkland Basin. DATE The companies, which signed the deal in December 2021, first extended the date from 31 January to 31 March 2022. Today’s announced agreement extends the deadline from […]