Finance News Oil & Gas

Antler secures farm-out to drill Barracuda

Europa Oil & Gas (Holdings) plc investee, Antler Global Ltd, has secured a 40% farm-out to Fuhai (Beijing) Energy Ltd to drill the EG-08 block, offshore Equatorial Guinea. RESOURCES Fuhai, a subsidiary of Chinese energy and chemical business Fuhai Group New Energy Holding Co. Ltd, will fund 95% of the total costs, up to $53 […]