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Ithaca Energy releases financial results for the 3 months to 31 March 2022

Ithaca Energy has announced its financial results for the three months ended 31 March 2022. Post-period, the Group signed a Sale and Purchase Agreement for the acquisition of Siccar Point Energy. The acquisition of Marubeni Oil & Gas UK completed on 4 Feb 2022 and activities continue to work towards completing the acquisition of Summit Exploration & Production.
Siccar Point Scottish Borders United Kingdom North Sea Oceans General Repsol Sinopec

UK: DNeX's subsidiary Ping obtains 'no objection' on concept select for Avalon development

Dagang NeXchange Berhad (DNeX), via its 90 percent-owned subsidiary Ping Petroleum, has passed a key milestone after receiving a letter of no objection from the North Sea Transition Authority (NSTA) in relation to the companyโ€™s proposed development concept for the Avalon discovery in the Central North Sea, United Kingdom
United Kingdom North Sea Oceans General Dagang Nexchange Berhad Dne Ping Petroleum Sumitomo Corporation

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