Hague and London Oil (Halo) has moved a step closer to completing its acquisition of stakes in a southern North Sea project after receiving UK regulatory approval.
Hague and London Oil
Spirit Energy struck gas at its Andromeda North well in the southern North Sea, but the discovery was “at the lower end of expectations.”
Hague and London Oil (Halo) returned to the black in the first half of 2019 thanks to hedging positions taken last year to protect the firm from gas price fluctuations.
Spirit Energy has started drilling a well at the Andromeda North prospect in the Southern North Sea (SNS).
Hague and London Oil (Halo) said today that it had received regulatory consent for its acquisition of Third Energy Offshore.
Hague and London Oil (Halo) has agreed to buy Third Energy Offshore in a move that will beef up its southern North Sea portfolio.