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Cornerstone Resources, a gas development company focused on creating substantial growth from low-carbon production, has completed the acquisition of Block 47/3f (as well as certain other blocks) in offshore Licence P.2433, UK Southern North Sea from Painted Wolf Resources.
AIM-listed Orcadian Energy has received a 'Letter of no objection' from the Oil and Gas Authority in respect of the development concept for the Pilot field, offshore UK. The letter signals the finalisation of the 'Assessment phase' and the entry into the 'Authorisation phase' of development planning for the Pilot field.
Chariot has announced that the Stena Don drilling rig has commenced its mobilisation to Morocco. Chariot has contracted this rig to conduct...
AIM-listed Jersey Oil & Gas has provided an operational update in respect of its Greater Buchan Area ('GBA') Development Project.
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 prospec...