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Westmount Energy Limited (AIM:WTE, OTCQB:WMELF) told investors in its interim results statement that it is well capitalised with a minimal cost base and...
Longboat Energy has announced its full-year results for the period ended 31 December 2022. In 2022, Longboat was one of the most active independent exploration companies in Norway where it drilled five wells and made two significant discoveries. Kveikje and Oswig, which are among the largest discoveries made in Norway in 2022.
An oil and gas company is under investigation for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security. The investigation will look into whether the company met seismic survey and work programme commitments.
The NSTA expects companies with valuable licenses to progress exploration and production as quickly as possible, in line with their license commitments and the NSTA’s strategy.
North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments.