Beacon Energy plc has completed its initial investment in the Colle Santo gas field in the Abruzzo region, Italy. REABOLD The company now holds an approximate 24% indirect interest in LNEnergy, whose subsidiary owns the field. Subject to receiving a production concession, Beacon will acquire a further 24% indirect interest, for a total 48%, which is […]
Tag: financing
Prospex JV halts Viura production due to leak
Prospex Energy plc said that gas production was temporarily halted in mid-April at the new onshore Viura-1B well because of a leak in the completion tubing. WORKOVERS Partner and operator Heyco Energia Iberia S.L. needs to obtain equipment, including mobilising a suitable drill rig, for a workover to resume production from the north Spanish field […]