IGas plc today said it reserved the right to pursue legal action to recover losses from its onshore gas licences following the Government’s decision to reimpose the ban on hydraulic fracturing. GAINSBOROUGH TROUGH The company was responding to the Prime Minister‘s decision yesterday to re-impose the moratorium on hydraulic fracturing and a statement by the […]
Tag: oil and gas
United expects ASH-4 to deliver material increase to production at Abu Sennan
United Oil & Gas plc said it expected that the ASH-4 well currently being drilled would deliver a material increase to production in the Abu Sennan licence, onshore Egypt. OPERATIONS The company holds a 22% non-operating interest in the joint venture with Kuwait Energy Egypt as operator. Operations on ASH-4, a step-out development well into […]
Predator appoints Carl Kindinger as NED
Predator Oil & Gas Holdings plc has appointed its former non-executive chairman Carl Kindinger as non-executive director (NED). He stepped down from his previous role in 2020 to focus on family matters. Mr Kindinger has held senior corporate finance roles for 30 years in small and medium sized companies in Africa, the Middle East, Ireland […]
Predator NED Thomas Evans steps down
Predator Oil & Gas Holdings plc non-executive director (NED) Thomas Evans has stepped down from the board. Mr Evans, who was appointed to the role in May this year, will spend more time on his other existing commitments.
Predator mobilises rig to drill MOU-2
Predator Oil & Gas Holdings plc has mobilised a rig to a holding location en route to drill the MOU-2 well in the Guercif licence onshore northern Morocco. MOU-2 The contract with Star Valley Drilling Ltd is for rig 101 which successfully drilled and completed rigless testing of the MOU-1 gas discovery well. Predator has […]
Moratorium remains on hydraulic fracturing in England
The moratorium on hydraulic fracturing in England will remain in place, the new prime minister said today. FIRST BAN The Government first introduced the ban in November 2019 following reported earthquakes at Cuadrilla Resources’s shale gas extraction site in Preston, Lancashire. In April 2022 the Government ordered a scientific review on whether the extraction of […]