Deltic Energy believes it has “the next Cygnus” on its hands as it eyes a farm-out of a promising North Sea prospect in the coming months.
Norwegian energy giant Equinor is on the lookout for a farm-in partner for a UK central North Sea prospect.
UK-based investment firm Prospex Oil and Gas said today that drilling had started on an appraisal well in Italy.
Prospex Oil and Gas has kick-started its onshore drilling campaign in Poland.
Prospex has been given the drilling go-ahead in Poland.
Production from an onshore well in Poland is one step closer after drilling contract was agreed.
Prospex Oil and Gas has confirmed that Hutton Poland Limited has been formally awarded the Kolo License. Prospex holds a 49% interest in Hutton.