88 Energy (88E) announced an operations update reporting good progress on the Project Peregrine farm-out with a deal on schedule for year-end close.
Oil Man Jim Company Oil & Gas Blog, Sunday 18th October 2020
Aminex (AEX) announced receipt of approval from the Tanzanian Government for the transfer of a 50% interest in, and operatorship of, the Ruvuma PSA to ARA Petroleum.
Oil Man Jim Company Oil & Gas Blog, Sunday 11th October 2020
Union Jack Oil (UJO) and Reabold Resources (RBD) announced the commencement of drilling of the West Newton B-1 well. Completion is expected to take six to ten weeks.
Oil Man Jim Company Oil & Gas Blog, Sunday 4th October 2020
As expected, UK Oil & Gas (UKOG) announced its placing. £2.2 million at 0.16p “funding initial Turkey operations.”
Oil Man Jim Company Oil & Gas Blog, Sunday 27th September 2020
Union Jack Oil (UJO) and Reabold Resources (RBD) announced the West Newton B-1 rig mobilisation. Equipment will be rigged-up over a period of one to two weeks prior to drilling operations commencing, which are then
Oil Man Jim Company Oil & Gas Blog, Sunday 20th September 2020
Union Jack Oil (UJO) announced a placing and subscription to raise £7 million at 0.16p.
Oil Man Jim Company Oil & Gas Blog, Sunday 13th September 2020
Starting with the positive news, 88 Energy (88E) announced the final petrophysical interpretation for Charlie-1, which it says substantially upgrades net hydrocarbon pay in the well.
Oil Man Jim Company Oil & Gas Blog, Sunday 6th September 2020
A number of companies announced provisional awards (in some cases to subsidiaries) in the UK’s 32nd Offshore Licensing Round.
Oil Man Jim Company Oil & Gas Blog, Sunday 30th August 2020
Predator Oil & Gas (PRD) issued a statement in response to its recent downward share price movement, noting recent speculation on two investment bulletin boards suggesting there would be imminent
Oil Man Jim Company Oil & Gas Blog, Sunday 23rd August 2020
Petro Matad (MATD) announced interim results. It’s still waiting for the Block XX exploitation licence to be approved and it doesn’t sound like that’s going to happen anytime soon.
Oil Man Jim Company Oil & Gas Blog, Sunday 16th August 2020
PetroTal (PTAL) started the week off, announcing the closure of the Bretana oil field due to “social disruption.”