Europa Oil & Gas (Holdings) plc said that onshore DL003 licence, containing the West Firsby field, has been granted a five-year extension until 31 December 2030. NSTA The site in the West Lindsey district of Lincolnshire, has two wells producing some 25 barrels of oil per day, as at 2021. Europa holds a 100% working […]
Tag: licence extension
Serica agrees farm-in on Wagtail discovery
Serica Energy plc has secured a 40% farm-in on the Wagtail oil discovery and the March and Bancroft exploration prospects, within licence P2530, for an initial $650,000. EXTENSION The agreement is with Australian-listed Finder Energy which currently holds the central North Sea licence with a 60% operated interest. Dana Petroleum holds the 40% balance. Serica […]
EGT secures more time for Olserum
European Green Transition plc has secured a four-year extension until June 2029 for its Olserum No. 21 licence at the Olserum rare earth elements project in southeast Sweden. MONETISATION The 10.99km2 licence has a historic resource estimate of 4.5 million tonnes grading 0.6% total rare earth oxides (TREO) in the indicated category and 3.3Mt grading 0.63% […]
United secures more time for Walton Morant
United Oil & Gas plc has secured an early two-year extension until 31 January 2028 to its Walton Morant licence offshore southern Jamaica. PARTNER The 22,400km2 block holds “multiple plays and prospects” and more than seven billion barrels mean/mid case recoverable unrisked prospective resources, based on internal estimates. The company will use the extra time […]
Serica extends OFAC licence for Rhum
Serica Energy plc has secured a two-year extension to its OFAC licence and secondary sanctions assurance relating to the Rhum field in the UK Northern North Sea. BENEFIT The licence and assurance permit certain US and US-owned or controlled entities, and all non-US entities, to continue providing goods, services and support to the field. Issued […]
Borders given more time for Falkland licences
Borders & Southern Petroleum plc has been granted two further years for its three offshore production licences, including the Darwin discovery area, in the South Falkland Basin. APPRAISAL PL018, PL019 and PL020, due to expire at the end of this year, are now valid until 31 December 2026. The company continues its search for a […]