Page 3 - Carrick Resources News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Orcadian Energy has announced a seismic licensing deal with the energy data company TGS. The agreement will provide Orcadian with high quality seismic data, revealing the reservoir structures and even the likely fluid type. The deal with TGS ensures that Orcadian will be able to use the best data available to evaluate the multitude of development opportunities and prospects within its North Sea portfolio.

High prices continue to drive the sector, while several companies had updates on project progress

Investegate announcements from Orcadian Energy PLC, Farm-out of Carra Prospect

Orcadian Energy has entered into a non-binding Heads of Terms with Carrick Resources in respect of a sub-area of Licence P2320 which covers the Carra prospect.

Potential farm-in partner Carrick will purchase new seismic data to take the Carra prospect to "drill-ready status."