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Proactive weekly Oil & Gas highlights: Touchstone Exploration, United, Deltic, Union Jack, Europa, Harbour Energy, Rockhopper, Chariot, TomCo, Advance Energy, Aminex and Scirocco, Tower Resources, Jersey

Proactive weekly Oil & Gas highlights: Touchstone Exploration, United, Deltic, Union Jack, Europa, Harbour Energy, Rockhopper, Chariot, TomCo, Advance Energy, Aminex and Scirocco, Tower Resources, Jersey
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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Proactive Oil & Gas weekly round-up: Challenger Energy Group PLC, United Oil & Gas PLC, Mosman Oil and Gas Ltd, Jersey Oil and Gas PLC, i3 Energy PLC, TomCo Energy PLC


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It was a short but active week for the small-cap oil and gas sector.
Challenger Energy Group PLC (LON:CEG) – the company formerly known as Bahamas Petroleum - revealed results from the top section of the Saffron-2 well have been in-line with expectations.
The well has so far been completed to a depth of 1,593 feet, on time and on budget, and has encountered the Upper Cruse and upper parts of the Middle Cruse formations. Logs for the sections are ‘as prognosed’ and consistent with comparable logs from Saffron-1, the company noted.
Drilling will now progress deeper to evaluate the deeper Middle Cruse, and then the Lower Cruse. ....

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