Finance News Oil & Gas

Predator assesses ‘agressive’ drilling at Bonasse

Predator Oil & Gas Holdings plc said it was evaluating an “aggressive” back-to-back drilling programme at the Bonasse field onshore Trinidad, to take advantage of the recent spike in oil prices. REVENUE During February 2026, the company drilled and completed two new development wells, BON-18 and 19, with both now online and producing. Predator has […]

Finance News Oil & Gas

Angus increases Saltfleetby production

Angus energy plc reported a “substantial” increase in production, after completing coil tubing operations on Saltfleetby-B7 and B2 wells, at the gas field on the Lincolnshire coast. DEBT The company recorded average daily production of approximately 6.3 million standard cubic feet per day, over last week, which is around a 30% increase on Q4 2025 […]

News Oil & Gas

Predator increases production in Trinidad

Predator Oil & Gas Holdings plc reported a 19% increase in production, along with further potential, following drilling and well workovers in the Bonasse and Goudron fields, onshore Trinidad. SNOWCAP Operator NABI Energy Holdings Ltd completed a heavy well work on the GY-211 well in Goudron, and initially flowed 221 barrels of oil per day. […]

News Oil & Gas

Prospex faces further production delays at Viura

Prospex Energy plc said that equipment left inside the tubing of the Viura-1 well during testing had further delayed resumption of production from the gas field in northern Spain. SAFETY In August, operator Heyco Energia Iberia S.L. completed a well workover, but a “failure in the pressure control equipment” needed safe and controlled cutting of […]

News Oil & Gas

Ascent resumes strong production in Utah

Ascent plc reported 350 thousand cubic feet per day (circa 58 barrels of oil equivalent per day) from the first five wells put back into production last month in the Wolf Point area, northern Utah. INVENTORY Operator Arb Energy LLC is undertaking maintenance on a further four wells expected to beginning long term production, before […]

News Oil & Gas

Ascent identifies first wells for workovers in Utah

Ascent Resources plc and its potential partner ARB Energy LLC have identified the first 15 wells for workovers, at a cost of $100,000, on oil, gas and helium-rich leases in northern Utah. LOAN NOTES In May, the company conditionally acquired a 10% interest in the ARB-owned and operated leases and rights to 50% of incremental […]