Europa Oil & Gas (Holdings) plc has formally started the farm-out for its 11,228 km2 Inezgane permit, offshore Morocco in the Agadir Basin. INEZGANE Europa was awarded the licence in 2019 and holds a 75% interest and operatorship in the licence with Morocco’s ONHYM owning the remaining 25%. The licence lies in water depths mostly below […]
Tag: oil and gas
IOG spuds Blythe development well
IOG plc announced it had spud the Blythe development well in the UK Southern North Sea and expected first gas during the fourth quarter of 2021. SCHEDULE The well is the second in the company’s Phase 1 project, following Elgood, and is expected to take under three months to drill and complete before the rig […]
Angus to appeal against Balcombe well test refusal
Angus Energy plc said it would appeal against West Sussex County Council’s refusal to allow a short well test at the Balcombe oil field, within PEDL244, southeast of Crawley. PARTNERS The company added that it had had further discussions with the local authority, whose planning officers had recommended approval. Angus, which has a 25% interest […]
Angus to reinterpret Lidsey before submitting plans for sidetrack
Angus Energy plc said it would conduct surveys and re-interpretations before submitting a planning application for a sidetrack for the onshore Lidsey oil field (PEDL241) near Bognor Regis, West Sussex. TIMETABLE The company, which holds an 80% interest, said that seismic acquisition by Rees Onshore Seismic and Stryde was complete and reprocessing by realtimeseismic.com was […]
UKOG granted extension to drill at Horse Hill
UK Oil & Gas plc (UKOG) has been granted a two-year extension to drill in its licences at Horse Hill oil field near Gatwick, southeast England. The company said that the Oil & Gas Authority gave approval to the remaining drilling deadlines at PEDL137 and PEDL246 in response to Covid-19. These are needed to satisfy […]
IOG signs gas sales agreement with Gazprom
IOG plc has signed a gas sales agreement (GSA) with Gazprom Marketing & Trading Ltd (GM&T) for its reserves in the UK Southern North Sea. The deal, which encloses a mutual extension option, followed a competitive off-take process involving more than 10 bidders over recent months. AGREEMENT The GSA relates to IOG’s equity production for […]