This is great news for shareholders after a difficult time over the last few months. Whilst it has not all gone to plan – Darwin lives on and could end up being a very strong commercial story for BOR. 190 million barrels of condensate is not to be sniffed at and suggests the ii’s that …
2012 August
Antrim Announces Commencement of Drilling Operations for the Contender Prospect in UK Northern North Sea.
Antrim at last spuds the Contender Prospect which was previously cited for June 2012. The well is likely to take around 8 weeks. Certainly one to keep your eye on regardless of the reduced Antrim interest. …………………………………………………………………………… August 23, 2012, Antrim Energy Inc Antrim Announces Commencement of Drilling Operations for the Contender Prospect in UK Northern North …
Genel Energy to farm-in to San Leon’s Sidi Moussa Block, offshore Morocco
More good news for San Leon shareholders as the Morocco farm in is concluded. I’m quite pleased with this deal as it involves another sharehub 2012 hotlist member in Genel. The deal secures San Leon shareholders with exposure to a very promising licence with a free carry on the first drill up to $50mln. It’s …
Antrim Announces Approval of Fionn Field Development Plan
Whilst it has been a disappointing year for Antrim on the exploration front, the production side of the business has done well and is set to see a significant boost from the causeway start up due to commence in September 2012. The prospect of an additional 1600bopd in mid 2013 could see Antrim heading past …
Genel to acquire additional interest in Heritage’s Miran Block
Genel started the year with $1.9bln in cash. And they’ve been spending it very wisely indeed. Here’s what they have bagged to date (last 9 months). 1. Jan 16th they picked up an extra 60% interest in Chia Surkh (prospective resources estimated at more than 300 million barrels of oil equivalent) paying a total of $68 million …
More success for Ophir with Fortuna East-1 well
Ophir notch up another successful well in 2012. It really has been a terrific year for the company. The Fortuna East-1 well came in well above estimates and sets the tone for the next drill in the west (Fortuna West -1) which kicks off next. Ophir is the leading performing stock in thesharehub’s hotlist with …