Oil firm Europa shuffles top team
Europa Oil and Gas Holdings (LON: EOG), which has a stake in North Sea field, has announced a change to its top brass.
Europa Oil and Gas Holdings (LON: EOG), which has a stake in North Sea field, has announced a change to its top brass.
Europa Oil and Gas, i3 Energy and Repsol Sinopec are looking at unitising their Tain and Serenity developments after appraisal drilling at the latter proved disappointing.
โVarious optionsโ are on the table as the partners behind the โdisappointingโ Serenity field try to garner some value from the project.
Europa Oil and Gas (AIM:EOG) has announced a significant uptick in revenues and profits for the 2021/22 period, despite disappointment at its Serenity farm-in.
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
The CEO of i3 Energy (LON: i3E) has outlined hopes for a smaller development at the Serenity discovery despite disappointment at the appraisal stage.
There are still options on the table for i3 Energy on the Serenity field, although a more modest concept is now likely in the works as it faces a โheavy downgradeโ.
i3 Energy (LON: I3E) has announced โdisappointingโ results for the hotly-anticipated appraisal of its Serenity discovery in the North Sea.
As of 26 September, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. Two appraisal wells are currently active in the CNS. One well completed at Diadem.
The i3 Energy (LON: i3E) Serenity discovery in the UK North Sea has been valued at over one billion dollars in a recent Tennyson Securities report.
Drilling has now begun at the Serenity appraisal well in the central North Sea, after the Stena Don arrived on station earlier this week.
The partners in the โcompany-makerโ Serenity well have reported the arrival of the Stena Don rig at the site the central North Sea, ahead of drilling start-up later this week.
i3 Energy (LON: I3E) has said it will drill its โcompany-makerโ Serenity appraisal well this month.
I3 Energy has completed a farm-out of a 25% working interest in its Serenity field to Europa Oil and Gas.
Petrofac has been named well engineering operator on the upcoming i3 Energy Serenity appraisal.
UK and Canada-focused independent i3 Energy has seen quarterly production double that of last year, as it looks to invest further capital in its Canadian drilling programme.
Europa Oil and Gas has announced the appointment of Will Holland to the role of chief financial officer and executive director later this year.
North Sea firm i3 Energy has executed a key part of a deal to dish out a 25% stake in its Serenity field.
North Sea operator i3 Energy (LON: I3E) has said an appraisal on its โcompany-makingโ Serenity field will now take place in the second half of the year.
i3 Energy (LON:I3E) (TSX:ITE) has struck a deal in principle to farm-out a 25% non-operated working interest in its Serenity project.
Westhill-based i3 Energy has said it will seek to drill an appraisal of its โcompany-makerโ Serenity project as early as the first quarter of next year.
London and Toronto-listed i3 Energy said today that it had agreed โindicativeโ terms on a partial sale of its Serenity field in the UK North Sea.
London and Toronto-listed i3 Energy said today it expects to declare its maiden dividend during the current quarter.
North Sea operator i3 Energy has handed back the licence for its flagship Liberator field after deeming the resources โsub-commercialโ.
Oil firm i3 Energy is in talks over a potential farm out of stakes in its Serenity discovery in the outer Moray Firth.