HURRICANE Exploration said yesterday it had re-entered the Lancaster oil discovery well in block 205/21a, west of Shetland, to test the oil-saturated fractured basement reservoir to establish reservoir properties and its commercial potential.
VALIANT Petroleum, the British oil and gas company, has announced the appointment of leading oil industry figure Dave Blackwood as a non-executive director.
BP and fellow British oil and gas operator BG Group have agreed a major swap of UK North Sea assets, with both companies saying the deal enhances their efficiency in core areas.