Cairn announces half-yearly results 2021 energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
UK North Sea regulator kicks off investigation into possible failure to collaborate by unnamed companies, in breach of requirements to maximise economic recover
UK E&P company focused on building an upstream oil and gas business in the
North Sea. The Company holds a significant acreage position within the
Central North Sea referred to as the Greater Buchan Area ( GBA ), which includes operatorship and 100% working interests in blocks that contain the Buchan oil field and J2 and Glenn oil discoveries and an 100% working interest in the P2170 Licence Blocks 20/5b & 21/1d, that contain the Verbier oil discovery and other exploration prospects.
JOG s total GBA acreage is estimated by management to contain 190 million barrels of oil equivalent ( mmboe ) of discovered P50 recoverable resources net to JOG, in addition to significant exploration upside potential of approximately 220 mmboe of prospective resources in close proximity to the Company s planned Buchan platform. JOG has recently concluded the Concept Select phase of an FDP for the Greater Buchan Area and plans to progress into Front-End Engineering and Design (FEED) later this year
Afentra plc is today issuing its annual results for the year ended 31 December 2020. OVERVIEW Afentra plc ( Afentra or the Company ), together with its subsidiary undertakings (the Group ), is an upstream oil and gas Company listed on the AIM market of the London Stock Exchange. The Company has a refreshed strategy built around achieving scale through the acquisition of both operated production assets and discovered resources resulting from the accelerating energy transition in Africa, where the Company and its new management has extensive operational experience. The Company currently has the high potential onshore Odewayne exploration block that is operated by Genel Energy, where its 34% interest is fully carried.