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UK: Orcadian Energy provides Pilot field development update ahead of investor presentation
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Investegate |Orcadian Energy PLC Announcements | Orcadian Energy PLC: Concept Selection Update and Issue of shares
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UK: Orcadian Energy announces concept selection update for Pilot field development
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UK: Pharis Energy changes name to Orcadian Energy
16 Apr 2021
Pharis Energy, the North Sea focused, oil and gas development company, has announced that it is changing its name to
Orcadian Energy (CNS).
Orcadian is a reference to the beautiful Orkney Islands, which have long hosted the Flotta terminal, where the Company could land some of the oil from its latest licence award in partnership with Parkmead. Orcadian is also a tip of the hat to the Orca which builds on the cetacean theme of Orcadian’s oilfields on the Western Platform namely,
Pilot, Harbour, Narwhal and the
Bowhead prospect.
Steve Brown, CEO of Orcadian commented: