Block Energy plc announced it had started drilling JKT-01Z well yesterday, targeting circa eight million barrels of oil-in-place, at its project in Georgia. PROGRAMME Well JKT-01Z is the second well in the company’s current two-well drill programme and lies near the vertical well KRT-39, which has produced c.450 Mbbls of oil over the past 20 […]
Tag: oil and gas
Cairn changes name to Capricorn Energy
Cairn Energy plc announced it had officially changed its name to Capricorn Energy plc. The company announced its intention last month, adding that the majority of its subsidiaries were already known as Capricorn.
Rockhopper CFO Stewart MacDonald to step down
Rockhopper Exploration plc announced that Stewart MacDonald will step down as executive director and chief financial officer on 31 January 2022. Mr MacDonald is to take up a senior leadership role with another company. Following his departure, Rockhopper’s financial controller since 2011 William Perry will lead the company’s finance function but will not join the […]
UKOG to complete Phase I of 2D seismic ahead of drilling at Basur-Resan JV
UK Oil & Gas plc (UKOG) said that the first tranche of 2D seismic acquisition is due to be completed within Q2 2022 at its Basur-Resan 50% joint venture in Turkey. SEISMIC The company holds a non-operated interest with partner and operator Aladdin Middle East (AME). During August, AME temporarily halted drilling of the proposed […]
Serica Energy reports 80% gas flow from Columbus
Serica Energy plc reported that hydrocarbons comprising 80% gas had started flowing from Columbus C1z development well into the Arran subsea system. CAPACITY The commingled Arran and Columbus production streams are being exported to the Shearwater platform for processing and onward export to the gas and liquid sales points. For the first 14 days from […]
Neptune Energy to appoint Pete Jones as CEO
Neptune Energy has appointed Pete Jones as the new chief executive officer from 1 January 2022. He will assume the position from Jim House who will retire on 30 December 2020. Mr Jones has been Neptune’s VP operations, Europe, since October 2019 and a member of the executive team since August 2018 when he joined […]