VAALCO Energy Inc (LON:EGY, NYSE:EGY) has made a positive start to its time in London, announcing a new oil discovery offshore Gabon.
Premier Oil PLC (LON:PMO) has revealed its success with the Tolmount East well which has confirmed an extension to the Greater Tolmount Area gas field.
Energean Oil & Gas PLC (LON:ENOG) has conditionally agreed to sell Edison Exploration and Productions North Sea assets to Neptune Energy Group Holdings Limited.
Eland Oil & Gas PLC (LON:ELA) has struck a deal to sell the company to Nigerias Seplat Petroleum for £382mln in cash.
Diversified Gas & Oil PLC (LON:DGOC) has extended its definitive asset retirement agreement with the Commonwealth of Kentucky, adding a further five years to the term.
The arrangement was first agreed in February with an initial five-year term and it will now run until 31 December 2028.
Analysts in Barclays Plc's (LON:BARC) investment banking arm have claimed that BP PLC (LON:BP. should get more credit for its progress in non-petroleum business ventures.
IGas Energy Plc (LON:IGAS) told investors it is advancing an enhanced oil recovery venture to boost production from conventional reservoirs at the Welton project in the East Midlands.
Tower Resources PLC (LON:TRP) has unveiled a financing which will see the extension and restructuring of its US$750,000 bridging loan facility of US$750,000 and gross proceeds of approximately £1,500,000 raised through a placing and subscription to provide it with working capital.
Alba Mineral Resources PLCs (LON:ALBA) Horse Hill stablemate UK Oil & Gas PLC (LON:UKOG) revealed that drilling is now proceeding confidently after a coring programme has identified the “sweet spot” in the Portland reservoir.
Trinity Exploration & Production PLCs (LON:TRIN) third quarter production averaged 2,816 barrels of oil per day in the third quarter as the Trinidad oiler delivered new wells.
Rose Petroleum PLC (LON:ROSE) has revealed a restructuring of its Paradox basin venture which, according to management, is now “better positioned for development”.
The company, which itself was recently restructured, highlighted in a statement on Monday that a new agreement with joint venture partner Rockies Standard ORead More – Source
