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17 Jul 19
UK: United Oil & Gas sells Crown discovery (North Sea Blocks 15/18d and 15/19b) to Anasuria Hibiscus UK
AIM-listed United Oil & Gas has announced an agreement to sell North Sea blocks 15/18d and 15/19b to Anasuria Hibiscus UK for a headline consideration of up to USD5 million. The blocks include the Crown discovery, initially discovered by Conoco Philips in 1998.
16 Jul 19
UK: New entrant E&P companies are key to the future of the UKCS, but they need to step up investment in new production - Westwood Insight
A new study by Westwood Global Energy Group shows that new entrant E&P companies to the UKCS since 2008 now control 46 percent of production, 39 percent of reserves and 64 pecent of potentially commercial volumes yet to be developed.
15 Jul 19
UK: Decommissioning in Shetland expands with the arrival of more North Sea structures
The Dales Voe decommissioning facility in Shetland is one step closer to becoming a centre of excellence for recycling offshore structures from the North Sea with the arrival of two new installations for decommissioning by strategic partners Veolia and Peterson. The structures from Spirit Energy’s ST-1 arrived in the dedicated port facility on 15 July.
15 Jul 19
UK: Egdon Resources announces update on Biscathorpe-2 well results
AIM-listed Egdon Resources has provided a positive update in respect of the Biscathorpe-2 exploration well drilled in Petroleum Exploration and Development Licence PEDL253, located in Lincolnshire. The results of a revised petrophysical analysis have upgraded the Biscathorpe-2 well result.



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