Posts Tagged ‘explorer’

North Energy back in black

by on October 31, 2012 11:40 am BST
The pure exploration company reported a net profit of Nkr16.9 million ($3 million), reversing red numbers of Nkr54.4 million in the previous quarter and Nkr38.6 million a year ago.The result was lifted significantly by a Nkr47 million gain from the company’s sale of its stake in the Fogelberg discovery

Dana Petroleum gains seven operated UK blocks

by on October 29, 2012 1:58 pm BST
Managing director Paul Griffin said the new blocks from last Thursday's round would bolster the explorer’s bid to ramp up output to 100,000 barrels of oil equivalent per day by 2016.The award includes one wholly-owned block, 13/23d, situated immediately west of BG Group's Blake field in Scotland's Inner Moray Firth

Synergy Resources in $42m Wattenberg buy

by on October 26, 2012 2:43 pm BST
Vice-president William Scaff said the assets were highly desired by the explorer due to the strategic location of the blocks relative to its existing acreage."It allows us access to strategic pad sites in order to expand our vertical and horizontal drilling potential in [the Wattenberg] field,” he

Talisman green-lights MonArb project

by on October 24, 2012 2:20 pm BST
The Canadian explorer also announced that Offshore Group Newcastle (OGN) had secured an engineering, procurement and fabrication contract worth more than $80 million for the project’s jacket.The Calgary-based player credited the recently introduced UK brownfield tax allowance as the key to getting the project developed.“Our decision to