Africa Geophysical Services (AGS), the Oman-based land seismic acquisition company, will use STRYDE’s Nimble and Compact systems to obtain better high-definition images for oil and gas exploration across several projects in Oman and Africa.
Challenger Energy has provided an update on the Perseverance-1 well which was drilled earlier this year in the territorial waters of The Bahamas. The Company is currently seeking a farm-in partner for the next phase of activity in The Bahamas.
Woodside has commented on recent speculation regarding a potential transaction between Woodside and BHP Petroleum. Woodside is currently engaged in discussions with BHP regarding a potential merger involving BHP’s entire petroleum business through a distribution of Woodside shares to BHP shareholders.
Hurricane Energy has provided an update on Lancaster field operations and net free cash balances. As of 31 July 2021, the Company had net free cash of $122 million. There were no liftings of Lancaster crude in July and as such no revenue was received during the month.
Longboat Energy has announced that Norway s Ministry of Petroleum and Energy has approved the Company s previously announced acquisition of various exploration licence interests on the Norwegian Continental Shelf. The drilling of the Egyptian Vulture prospect, scheduled to commence later this month, will be the first of an anticipated seven well exploration programme which will be drilled by Longboat over the next 18 months on the NCS.