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Orcadian shares down despite inking farm-out deal with Ping Energy

Orcadian Energy PLC on Monday said it has now reached a conditional deal for the sale of its most important asset, although the group is yet to swing to profit. Orcadian s shares were down 15% at.

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E&P Highlights: Dec 11, 2023

Here’s a roundup of the latest E&P headlines, including a court ruling in favor of Welltec and new contract awards.

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Orcadian Energy names Ping Petroleum UK as operator for asset licence

Orcadian Energy PLC on Thursday said it executed a conditional sale & purchase agreement with Ping Petroleum UK PLC for Orcadian s flagship asset, the Pilot Development project. Orcadian Energy.

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UK: Orcadian Energy announces Pilot farm-out deal and partnership with Ping Petroleum

UK: Orcadian Energy announces Pilot farm-out deal and partnership with Ping Petroleum
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UK junior strikes deal to develop North Sea heavy oilfield

UK junior strikes deal to develop North Sea heavy oilfield
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