Longboat Energy has announced its entry into Malaysia, while in Norway it will seek to mature a string of successful finds near the Troll field.
Having completed its 2022 drilling programme, Longboat Energy (LON:LBE) has secured additional lending and is now looking to its next phase of exploration in 2023.
Buoyed by a string of commercial discoveries, Longboat Energy is considering its next moves as it awaits the drilling of the final two of a seven-well campaign off Norway.
Longboat Energy has confirmed oil has been uncovered at the hotly tipped Kveikje exploration well, operated by Norwegian energy giant Equinor (OSLO: EQNR).
Equinor has spudded the Kveikje well in the Norwegian North Sea, following a raft of promising nearby discoveries in recent months.