The Teal West field lies in block 21/24d of the Central North Sea, at a water depth of 90m. The project is being developed by Hibiscus Petroleum through its wholly-owned subsidiary Anasuria Hibiscus.
Orcadian Energy PLC on Thursday said it executed a conditional sale & purchase agreement with Ping Petroleum UK PLC for Orcadian s flagship asset, the Pilot Development project.
Orcadian Energy.
UK: Orcadian Energy announces Pilot farm-out deal and partnership with Ping Petroleum 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.
KUALA LUMPUR: Dagang Nexchange Bhd (DNex) emerged as one of the most actively traded counters on Bursa Malaysia today after its wholly-owned subsidiary inked a Farm-in Agreement with Rapid Oil Production Ltd.