UP TO eight wells producing up to one million barrels of oil each could be created across the Sussex countryside if a firm is successful in uncovering a vast sea of oil stretching more than 20 miles.
UK Oil and Gas (UKOG) has begun drilling at Broadford Bridge and hopes to find evidence it is part of a huge continuous deposit stretching from its record-breaking site at Horse Hill.
Have you ever wondered what it’s like to work on an oil rig? We have. Recent movies such as deep water horizon make it seem pretty tough, but is it really that bad?
Oilex Ltd (the Company) provides the following update on the field workover programme and ongoing activities.
Rose (AIM: ROSE), the AIM quoted natural resources business, announces its final results for the year to 31 December 2016.
In The Rime of the Ancient Mariner from 1834, English poet Samuel Taylor Coleridge famously quipped “Water, water, everywhere / But not a drop to drink”. The lines speak to the irony of sailing the high seas: there’s unfathomable amounts of water in every direction, but it’s definitely not going to quench the thirst of any sailor.
Surprisingly, the situation is not as different on land as you might think.
We highlight a few Oil & Gas AIM-listed companies that have been gathering shareholder attention lately. A couple have relaunched themselves, some have suffered major setbacks from past heights, while others have gathered pace and are looking to expand. One thing is for sure, life is never dull on the Alternative Investment Market (AIM).
Rose (AIM: ROSE), the AIM quoted natural resources business, is pleased to provide an update on the potential disposal of the Company’s mineral processing mill operation in San Dieguito de Arriba, State of Nayarit, Mexico and its associated assets, licenses and agreements (together, the “SDA Mill”) to Magellan Gold Corporation (OTCQB:MAGE) (“Magellan”), as announced on 6 March 2017.
SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to provide an operational update on its Moroccan assets.
A few oil & gas investors would have missed the RNS release last Thursday stating Touchstone will be listing on AIM.
Touchstone is one of the largest independent onshore oil producers in Trinidad, currently producing 1,300 bbls/d. · Operator of approximately 78,000 gross acres of exploration and development rights
Anglo African Oil & Gas PLC / Index: AIM / Epic: AAOG / Sector: Oil & Gas
ANGLO AFRICAN OIL & GAS PLC (‘AAOG’ or the ‘Company’)
Update on first workover at Tilapia oil field