Rose Petroleum to fundraise for next stages of Paradox project
The company has raised £1 million, before expenses, through the issue of new ordinary shares of 0.1 p each in the company (Ordinary Shares) at a price of 3.25p per Ordinary Share.
Browse the latest upstream drilling news news and articles.
The company has raised £1 million, before expenses, through the issue of new ordinary shares of 0.1 p each in the company (Ordinary Shares) at a price of 3.25p per Ordinary Share.
According to the oil and gas market researcher, three high impact wells have been drilled so far this year, with a further 13 planned.
Production optimisation company, Enpro Subsea, has reported its busiest 18 months hitting its key strategic objectives with campaigns completed or commencing in North Sea, West Africa and Gulf of Mexico.
Siccar Point Energy has started drilling a final appraisal well on the Cambo field, north-west of Shetland, with results expected this summer.
The system is designed for deployment in a wide range of drilling scenarios, including high doglegs.
Aker BP recently delivered the first end of well report generated from AGR’s iQx system.
Cooper Basin focused oil & gas exploration company, Real Energy Corporation Limited has provided a weekly drilling update of the Company’s Tamarama-2 well.
Over US$9.9bn in capital expenditure (capex) will be spent by Qatar-focused operators on gas projects between 2018 and 2021.
Cabot Energy announces that the Environmental Impact Assessment (EIA), which was submitted to the Italian Ministry of the Environment for the drilling of an exploration well on the Vesta prospect, offshore Sicily, has been approved by the Italian regulatory authorities.
BNK Petroleum Inc. has announced that the Glenn 16-2H well (100% working interest) averaged over 630 boepd, of which 540 bbls are oil, for the last 30 days.
Comet Ridge Limited has advised that preparations for the drilling of the Albany 1 deep sandstone appraisal well in the Galilee Basin have been completed with all major services contracts in place.
SDX Energy Inc., the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul 4 Well in the West Gharib Concession in Egypt.