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EnQuest Farms Down UK Eagle Find for $1 Feb 25, 2021 9:50:am Summary by: Joe Murphy UK producer EnQuest has struck a deal to farm out a 85% interest and operatorship of the Eagle oil and gas field in the UK North S... Posted in:
Oz Oil Search Books $320mn Loss in 2020 Feb 23, 2021 7:25:am Summary by: Shardul Sharma Posted in: Oz Oil Search Books $320mn Loss in 2020 Sydney-listed Oil Search on February 23 reported a net loss of US$320.7mn during the 12 months ending December 31, as a result of lower realised oil and gas prices. It made a profit of US$312.4mn in the previous year. The loss includes a post-tax impairment charge of US$260.2mn that had been recognised in the interim financial results. Core net profit after tax excluding impairments and other significant non-recurring items was US$22mn, down 93% ...
Caspian Friendship: too little too late [NGW Magazine] Feb 19, 2021 7:15:am Summary Among the legacies of the Soviet Union is the failure to develop certain Caspian Sea reserves. Cross-border rivalries persist, despite agreements on paper. by: Joseph Murphy Since the end of the Soviet Union, the development of some of the Caspian Sea’s substantial oil and gas reserves has been stifled by territorial disputes between the five littoral states. All but Iran are former members of the USSR. Azerbaijan, Kazakhstan and Russia have divided the northern Caspian among them...
Ireland's Providence Denies Merger Talks Feb 8, 2021 3:30:pm Summary The Irish press reported over the weekend that Providence had been approached by Norway's SpotOn Energy, set to become its partner at Barryroe. by: Joe Murphy Posted in: Irish junior Providence Resources has denied holding merger talks, following a report by Ireland's Business Post on February 7 claiming that the company had been approached by Norway's SpotOn Energy with an offer. Providence and its partner Lansdowne Oil & Gas reached an agreement in December on farming out a 50% interest in the...
I got a hit on what's called a ripoff report which i'd never heard of. and i clicked on it and a flyer came up that said beware of these people. >> what do you know, the ken and barbie of the oil field. >> it said they're known frauds. they're running fraud scams in north dakota. don't do any business. >> grievances were rife around that oil project in which doug and james and others were involved. the ripoff report was put out as a flyer in stores and businesses all around the oil patch. it was pay back, apparently. by one particularly disgruntled former partner. but then not everything was a...