News Oil & Gas

Orcadian given three more years for Pilot field

Orcadian Energy plc has been granted a three-year extension until 1 December 2028 to the second term of licence P2244, containing the Pilot field, in the UK central North Sea. POTENTIAL The company has an 18.75% carried interest in the licence, with Ping Petroleum UK plc holding 81.25% of the project. The Malyasian operator is […]

News Oil & Gas

Prospex nears 3D seismic campaign at Selva

Prospex Energy plc’s partner has received regional approval to begin work for its 3D seismic campaign on the entire Selva Malvezzi production concession area in the Po Valley, Italy. DRILLING Po Valley Ltd’s subsidiary will develop the field with four new wells, adding to the Podere Maiar-1 well which produced 7.02 MMscm gas and gross […]