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Oil and Gas

18Apr 2017

First Gas flows at Bezzecca – Saffron Energy PLC (AIM:SRON)

First Gas flows at Bezzecca

Saffron Energy plc (AIM: SRON), the natural gas producer with interests in northern Italy, is pleased to announce that first gas production from the Bezzecca gas field commenced on Thursday 13 April 2017.   Commissioning and ramp-up leading to anticipated flow rates in the range of 30,000-40,000 scm per day, equivalent to 190-250 barrels of oil equivalent per day (boepd) will continue today following a short shut down over the Easter break.

17Apr 2017

SDX Energy (TSXV, AIM:SDX): Update on SD-1X well

SDX Energy Inc. (TSXV, AIM: SDX) (“SDX”), the North Africa focused oil and gas company, announces that drilling on the carried SD-1X well at its South Disouq concession, where it holds a 55% equity interest and is operator in the Nile Delta area of Egypt has reached its first target depth.

31Mar 2017

Ascent Resources (AIM:AST): IPCC Permit update RNS

The Board of Ascent Resources plc (AIM: AST), the European focused oil & gas exploration and production company is pleased to announce that it has been informed that the appeal made in relation to the IPPC Permit (“the Permit”) has once again been dismissed as being without merit. 

21Mar 2017

The world’s deepest oil well

In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.

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