Predator Oil & Gas Holdings plc has appointed its executive chairman Paul Griffiths as chief executive officer among other changes to board. Former chief operating officer Lonny Baumgardner leaves the board for personal reasons and the post of managing director is removed from the management structure. “The board wishes to thank Mr Baumgardner for his […]
Tag: oil and gas
Two new wells approved for Wressle JV
The Wressle oil joint venture will continue developing the onshore well site after receiving planning permission from North Lincolnshire County Council. PRODUCTION Approval covers extension of the existing site to drill two new wells and construction of gas processing facilities and an underground gas pipeline to connect Wressle to the local gas distribution network. The […]
Europa decides against renewing Serenity
Europa Oil & Gas (Holdings) plc has ruled out renewing licence P2358, containing the Serenity oil discovery, in the Outer Moray Firth. COSTS The company holds a 25% farm-in with operator i3 Energy owning 75%. After an appraisal well in 2022 showed “disappointing” results the companies began talks on the field’s potential. Europa said its […]
Tullow NED purchases 159,396 shares
Tullow Oil plc non-executive director Roald Goethe has bought 159,396 ordinary shares of 10 pence each in the company, at a price of £0.23 per ordinary share. A TR-1 notification showed that the £36,661 purchase took place on 11 September 2024.
Corcel completes KON-16 survey data acquisition
Corcel plc has competed acquisition of survey data on block KON-16 in the Kwanza Basin, onshore Angola. PROSPECTIVITY Metatek Group began operations for the enhanced full tensor gradiometry survey (eFTG) in June. Following processing and interpretation of the data during Q4, the company will ascertain how to develop the prospectivity of the 1,000km2 block. The data […]
Hartshead wins new North Sea licences
Hartshead Resources NL, which in April reduced its workforce, has won six new oil and gas licences covering 10 blocks in the southern North Sea. ACREAGE The Australian company has accepted three licences and is awaiting grant of a further three from the North Sea Transition Authority’s 33rd licensing round. Five licences consisting of nine […]