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Recent Sector News
"This is another excellent result on the West Copperline Property and continues the company's success in the Bone Spring play,” said chief executive Michael Ford.
"Proving the presence of mobile oil in the Cambrian tight sandstone and overlying shales at Rogity-1 is a major step forward,” chairman Oisin Fanning said.
San Leon Energy and its partner are assessing where to place a second well on the Braniewo S Concession, in Poland’s North Baltic Basin, after flowing oil from the first.
“This is another important milestone in the Blythe field development but also this facility gives us great flexibility with regards to potential acquisitions and other developments such as the nearby Cronx gas discovery," CEO Mark Routh said.
Independent Oil & Gas has agreed a US$50mln debt facility that will help fund its development plans.
Last year, in Kurdistan, the group's operational momentum was matched by political developments, chief executive Tony Hayward said.
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