Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) has further increased its footprint in East Texas, acquiring interests in a package of assets.
The acquisition, priced at $68 million, will add 21 million cubic feet per day (4,000 barrels oil equivalent) of production and 70 billion cubic feet (12mln barrels oil equivalent) of Proved Developed Producing (PDP) reserves to Diversified's portfolio.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has begun drilling operations at the Anchois gas project, offshore Morocco.
The drillship has arrived at the site, and drilling of the Anchois-3 well has commenced.
EnergyPathways PLC (AIM:EPP) has submitted a gas storage licence application to the North Sea Transition Authority (NSTA) for its Marram Gas Field in the UK Irish Sea.
The licence is for the development of the MESH Energy Storage Hub, which is expected to bolster the UK’s energy security.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) updated investors on its flow testing results from the Hickory-1 well, in Alaska.
The vertical well, drilled in February 2023, was tested in its two primary target reservoirs, the Upper SFS (USFS) and SMD-B.
HeLIX Exploration PLC (AIM:HEX) has reported significantly elevated helium gas-shows while drilling in the Clink-1 well, its new well in the Montana Helium Fairway.
The company reported that during drilling in the Amsden formation at a depth of 3,885 feet, helium readings peaked at 50 times over the background level.