Search results for: Cluff Natural Resources

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  • 20 December 2016
    Business & Finance

    London-based investment company Cluff Natural Resources (CLNR) has appointed Mark Lappin as a non-executive director of the company. Cluff said on Monday that Lappin’s appointment has an immediate effect. Lappin has over 30 years of experience in the oil and gas industry, most recently as Sub-Surface Exploration and Production Director for UK and Netherlands at Centrica. He […]

  • 13 February 2018
    Business & Finance

    Chairman and CEO of Cluff Natural Resources has decided to step down from the CEO position.

  • 8 January 2020
    Business & Finance

    UK-based company Cluff Natural Resources (CLNR) has appointed a new chief financial officer (CFO) of the company.

  • 20 April 2018

    Cluff Natural Resources has revealed plans to raise funds to finance the company through mid-4Q through a subscription of new ordinary shares.

  • 19 February 2016
    Business & Finance

    Cluff Natural Resources, the AIM quoted natural resources investing company, has entered into a further memorandum of understanding (MOU) with Halliburton, one of the world’s largest providers of products and services to the energy industry, for a further two years. The duo entered the MOU to collaborate on the development of Cluff’s Southern North Sea […]

  • 7 January 2016

    Cluff Natural Resources Plc, a natural resources investing company, is planning to focus on its Southern North Sea assets in 2016 and is looking for partners to provide funding for drilling of one or more wells.  Cluff Natural Resources says it is already in the process of starting the next phase of technical evaluation with […]

  • 1 December 2016

    London-based investment company Cluff Natural Resources (CLNR) has increased its resources in the Southern North Sea license following receipt of recently reprocessed 3D seismic data. The company on Thursday reported a ‘significant increase’ in P50 Prospective Resources on its 100% owned License P2252 from 162 BCF to 636 BCF following technical work focusing on the Zechstein prospects located […]

  • 25 June 2020
    Business & Finance, Business developments & projects

    Cluff Natural Resources has changed its name to reflect its transition in the company’s main investments into a more operational phase.

  • 28 November 2017

    UK’s Oil & Gas Authority (OGA) has confirmed the extension of two Southern North Sea gas licenses owned by Cluff Natural Resources.

  • 30 September 2016

    London-based Cluff Natural Resources has received all the regulatory approvals required to complete the cross-assignment of equity positions in two contiguous license areas in the Southern North Sea with Simwell Resources and Burgate E&P. Cluff announced the decision to combine the equity position across two Southern North Sea licenses, P2253 & P2258, in June 2016, following […]

  • 4 June 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located off the UK, despite the coronavirus pandemic.

  • 30 August 2018

    Cluff Natural Resources has received and accepted the formal award by the OGA for six licenses covering a total of 10 full and part blocks.

  • 28 November 2018

    Cluff Natural Resources (CLNR) has signed an exclusivity agreement for the P2252 license off the UK with a “major” international oil and gas company.

  • 20 October 2016

    London-based Cluff Natural Resources has confirmed a ‘substantial’ increase in the prospective resources for its 100% held License P2248 (Block 43/11) located in the Southern North Sea gas basin. The company said on Wednesday that this resource upgrade follows the completion of a technical evaluation and Competent Persons Report on the gas resources on the license […]

  • 16 January 2017

    Cluff Natural Resources, an AIM quoted company investing in natural resources, is looking for farm-out partners to fund the drilling of wells at its Southern North Sea licenses.  Early in 2016, the company took the decision to concentrate its investment on its two most prospective assets, 100% owned licenses P2252 and P2248, and was granted […]

  • 22 August 2019
    Business & Finance, Operations & Maintenance

    Shell and its partner Cluff Natural Resources have completed a 3D seismic survey extending to approximately 420 square kilometers over the Pensacola Prospect in the Southern North Sea. The survey, conducted by Shearwater GeoServices using the Polar Empress, was completed on time and with no health, safety or environmental incidents, Cluff said. Data collection started […]

  • 30 May 2019

    Cluff Natural Resources has received Oil and Gas Authority approval in relation to the farm-out of License P2252 to Shell and that the farm out has now completed.

  • 5 August 2019
    Project & Tenders

    Shearwater GeoServices has started a 3D seismic survey over the Shell-operated Pensacola prospect on License P2252 in the Southern North Sea.

  • 23 March 2016
    Business & Finance

    Cluff Natural Resources (CLNR) has signed heads of terms agreement with Verus Petroleum UK in relation to the proposed acquisition of up to a 25% participating interest held by Verus in three licences located in the Central North Sea and the Moray Firth. According to Cluff, these licences, two of which are effectively drill ready, […]

  • 22 August 2019

    Decision on well commitment is expected to be taken in the second half of 2020.

  • 5 December 2014
    Business & Finance, Project & Tenders

    Cluff Natural Resources Plc has announced that further to the provisional award of promote licences in the UK’s 28th Offshore Licencing Round on November 7, 2014, it has now been formally awarded the five promote licences covering a total of eleven blocks by the Department of Energy and Climate Change (DECC). The company says that the […]

  • 30 April 2019

    Shell will pay 75% of the cost of an exploration well, including testing