Serinus Energy has suspended the Sancrai-1 exploration well following inconclusive test results from the Pliocene sand zone which recorded continuous formation gas shows over 20 metres during drilling. The well was drilled approx. 7.8 km to the south of the Moftinu Gas Development project.
AIM-listed Deltic Energy has entered into a binding, conditional farm-out agreement in relation to five of its gas licences in the Southern North Sea with Cairn Energy.
Neptune Energy has announced its financial results for the first half of 2021. The Company delivered a strong operational and financial performance in the first half of the year, laying the foundations for growth towards our production target of 185-200 kboepd in 2023.