One of the North Sea’s original pioneers has bid farewell to a basin he first operated in almost 50 years ago.
Chairman of Cluff Natural Resources, Algy Cluff, has announced his intention to retire after his company's next Annual General Meeting (AGM).
Cluff Natural Resources' (CLNR) chairman said today that the company is "working tirelessly" to find partners for two of its North Sea licences.
Cluff Natural Resources (CNR) has vowed to leave “no stone unturned” to find partners for its southern North Sea exploration plans.
A North Sea oil pioneer has said the current offshore licensing auction could revive exploration and farm-out activity.
A leading analyst has said there is “little evidence” to support claims that Russia could impact Britain’s gas supply, amid escalating tensions with the country.
North Sea veteran Algy Cluff said yesterday the current rocky relations between the UK and Russia highlighted the dangers of Britain relying on foreign gas imports.
North Sea pioneer Algy Cluff will step down as the chief executive of his oil exploration and investment company.
The Oil and Gas Authority (OGA) has agreed to extend two of Cluff Natural Resources' southern North Sea licences for a further year.
Energy industry veteran Algy Cluff has called for a renewed focus on maximinsing recovery of North Sea oil and gas reserves.
Cluff Natural Resources today revealed it had made a £1.7million loss for its financial year.
North Sea pioneer Algy Cluff said yesterday that his company was busy trying to attract partners for one of its most promising southern North Sea licences.
Shares in Cluff Natural Resources rocketed in early trading today after the firm said one of its southern North Sea gas licences could be worth almost £700million.
Cluff Natural Resources has launched a search for farm-out partners for its prospects in the Southern North Sea.
Cluff Natural Resources will have to reapply for a share in two North Sea licences after the Oil and Gas Authority said it would not grant an extension of their initial terms.
Entrepreneur Algy Cluff has said his oil and gas company is well positioned to capitalise on the southern North Sea’s wealth of exciting assets.
The Scottish Government will tomorrow reveal whether it intends to block a North Sea pioneer’s controversial plans to tap un-mined coal beneath the Firth of Forth.
Cluff Natural Resources said (CNR) it has received all regulatory approvals to complete its cross assignment of equity positions in two licences in the Southern North Sea with Simwell Resources and Burgate Limited.
Shares in Cluff Natural Resources (CNR) soared by almost 15% yesterday after the company revealed a huge upgrade could be on the cards for its southern North Sea gas portfolio.
The UK's Southern North Sea could be “one of the most prospective offshore gas areas in the world” if the government gets its policy right, according to Algy Cluff.
Cluff Natural Resources (CLNR) had joined forces with Simwell Resources and Burgate E&P to pursue a "significant new gas field" in the Southern North Sea.
Stranded in Burkina Faso by the 2010 Icelandic volcanic eruption while deprived of cigars, books and the assorted pills required by the over-70s, Algy Cluff decided the time was right to return to the North Sea.
A North Sea pioneer is set to “take advantage” of low oil prices by buying up rights to 100million barrels of oil and gas for just £1.
Cluff Natural Resources has signed a deal with Verus Petroleum acquire a quarter share in three licences in the Central North Sea and the Moray Firth.