Wessex Exploration and Northern Petroleum cheer Tullow success in French Guiana
Wessex Exploration (LON: WSX) and Northern Petroleum (LON:NOP) were celebrating today after a wildcat exploration well offshore French Guiana struck oil. Small cap oil investors have been watching...
View ArticleCove Energy and partners sign farm-out deal with Total in Kenya
AIM quoted upstream oil and gas company Cove Energy (LON:COV) has agreed a deal to farm-out a 5% stake in its licences offshore Kenya to industry giant Total. Cove and its partners Anadarko Petroleum...
View ArticleFaroe Petroleum kicks off Kalvklumpen exploration well
Faroe Petroleum (LON:FPM) has begun drilling the Kalvklumpen Prospect in the Norwegian North Sea. The prospect, in which Faroe holds a 20% interest, lies east of the abandoned Frøy Field and the...
View ArticleNorthern Petroleum and Wessex eye next stage drilling in Guyane
The two AIM quoted oil and gas players that hold minority interests in the potentially significant Zaedyus oil discovery in Guyane, said today that further drilling on the licence had been slated for...
View ArticleWessex Exploration looks ahead to further drilling in French Guiana
Wessex Exploration, the AIM quoted oil and gas explorer with a stake in the discovery of a new basin offshore French Guiana, has released more details about plans for further exploration on the...
View ArticleNorthern Petroleum sets sights on second well on Guyane Maritime permit
Northern Petroleum (LON:NOP) has confirmed that the Stena Drillmax ICE drillship has begun work on the second well on the Guyane Maritime permit. The new well, GM-ES-2, follows the Zaedyus oil...
View ArticleNorthern Petroleum and Wessex Exploration eye second Guyane Maritime well
Shell has begun drilling the second of four wells planned in the Guyane Maritime Permit in French Guiana. The GM-ES-3 well is being operated by Shell (45%) on behalf of Total (25%), Tullow Oil (27.5%),...
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