Antrim Energy Inc., a Canada-based international exploration and production company, today announced consent has been received from the Irish Government for the transfer of interest and operatorship for its Licensing Option 11/5 (Antrim 100%) in the Porcupine Basin offshore Ireland’s west coast. The Transfer of the interest and operatorship was approved by the Minister of [...]
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced that Irish Government consent has been received for the transfer of interest and operatorship (`Transfer’) for its two Licensing Options LO 11/7 and LO 11/8 (`Licences’), which cover approximately 2,000 [...]
Cairn Energy PLC has announced a farm-in as Operator to two licences offshore West of Ireland in the Porcupine Basin, which contains the undeveloped Spanish Point gas condensate and Burren oil discoveries, and six adjacent licensing option blocks. The acreage covers an area of 2,753km2 with more than 500km2 of 3D seismic and will provide [...]
Australia’s National Offshore Petroleum Titles Administrator (NOPTA) has approved and registered the interests of Apache and JX Nippon in the WA-435-P and WA-437-P exploration permits following the farm out by Carnarvon and Finder Exploration Pty Ltd as disclosed to the market on 18 October 2012. Under the agreement, Carnarvon will assign 20% of its interest [...]
Neon Energy Limited has announced that the Company’s farmout of Vietnamese exploration blocks 120 and 105-110/04 (“105”) to Eni Vietnam B.V. (“Eni”), a wholly owned subsidiary of Eni SpA, has received the full and final approval of Petrovietnam and the Government of Vietnam. The key commercial terms of the farmout are as follows: 1. Neon [...]
In the Awards in Predefined Areas 2012 (APA 2012), the Norwegian Ministry of Petroleum and Energy has offered RWE Dea Norge two new production licences, one of which is an operatorship. New Production Licences: PL694 and PL682 RWE Dea Norge will become operator of a new production licence (PL) with a 40% share, PL694. This [...]
As part of the Awards in the Predefined Areas (APA) round for 2012 Eni Norge has been awarded operatorship in PL 697 and partnership in PL 696 in the Barents Sea, as well as partnership in PL 091 D in the Norwegian Sea. Eni Norge said it was pleased with the award. It confirms their [...]
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MEO Australia Limited advises that it has executed binding agreements subject only to normal regulatory approvals, with Finder Exploration Pty Ltd (Finder) to farmin to the NT/P79 exploration permit in the Joseph Bonaparte Gulf. NT/P79 covers an area of 6,415 km2 and is located between MEO’s existing NT/P68 (50%) and WA-454-P (100%) permits. The permit [...]
Tangiers Petroleum Limited announces it has entered into a farm-out agreement with the Portuguese company, Galp Energia (Galp), for the assignment of a 50% interest in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin, offshore Morocco. Galp Energia will become the operator of [...]
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Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the area, gets to optimise the [...]
