Union Jack Oil PLC (LON:UJO) told investors that the partners in the West Newton project now believe it is a “significant oil and gas discovery”, deemed more significant than simply a ‘pure gas discovery’ as was previously perceived.
Eco Atlantic Oil & Gas Ltd (LON:ECO, CVE:EOG) has kicked off the Joe-1 exploration well in the Orinduik block offshore Guyana.
Falcon Oil & Gas Ltd (LON:FOG) (CVE:FO) has highlighted a ‘strong financial position’ as the company and its investors look forward to a new programme of drilling at the Beetaloo shale project in Australia.
Providence Resources PLC (LON:PVR) has confirmed a further extension of the backstop date for the payment due from Chinese farm-out partner APEC, and, has also now paid a contracted mobilisation fee for an upcoming well site survey for Barryroe.
US Oil & Gas Plc (USOP) has issued a statement revealing it has raised US$382,482 for working capital.