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UK: Siccar Point Energy announces $500 million investment to fund oil and gas exploration, development and production in the North Sea (update)

Siccar Point Energy, a new exploration, development and production company focused on the North Sea, today announced that affiliates of Blue Water Energy and Blackstone Energy Partners have agreed to lead an initial investment of up to $500 million in the Company, including funding provided by GIC. ... more ...

Iraq: KOGAS says starts commercial crude oil production at Iraq's Badra oil field

Korea Gas Corp (KOGAS) has started commercial crude production in Iraq's Badra oil field as planned, the state-run South Korean company said in a statement on Monday. ... more ...

UK: IGas Energy provides operations update ahead of AGM

IGas Energy has provided an update on its onshore UK operations ahead of today's AGM. The Company reports that it will be active in bidding for various blocks in the recently announced 14th Round of onshore licensing. ... more ...

Kazakhstan: Roxi Petroleum provides further update on the deep discovery at BNG

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, has provided a further update on the deep discovery at its flagship BNG asset. Based on additional drilling and mud logging, the thickness of the gross oil-bearing interval is now at least 105 meters. ... more ...

Trinidad: Leni Gas & Oil provides Goudron field drilling update

Leni Gas & Oil has announced that well GY-668, the fifth of its planned 30 new development wells at the Goudron field in Trinidad, has successfully reached TD. The well encountered 254 feet of net oil pay in the Gros Morne Sandstones, the primary target of the well, in addition to 191 feet of net oil pay in the Goudron Sandstones. ... more ...

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