Antrim Energy provides North Sea update
In a North Sea update Antrim Energy (LON:AEY) said that the Valiant Petroleum (LON:VPP) operated Causeway field is still producing at a restricted rate of 4,500 bopd and that the adjacent Fionn field...
View ArticlePlexus Holdings receives contract extension from Maersk Oil
Maersk Oil UK has agreed to exercise two, one year extension options for Plexus Holdings (LON:POS) to supply its High Pressure/ High Temperature (‘HP/HT’) POS-GRIP wellhead technology, casing support...
View ArticleTrap Oil announces spud of Magnolia exploration well
Trap Oil (LON: TRAP) has announced that drilling operations have commenced on the Magnolia exploration prospect in UK North Sea block 13/23a. The partners are Dana Petroleum (45% and operator), Summit...
View ArticleIthaca Energy to acquire Valiant Petroleum
Ithaca Energy (TSX:IAE and LON:IAE) has made a recommended cash and shares offer for Valiant Petroleum (LON:VPP) which values Valiant Petroleum at £203 million or 475 pence per share. Ithaca Energy is...
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