Search results for: Tangiers Petroleum

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  • 26 February 2015

    Tangiers Petroleum, an independent Australia-based oil and gas company, is changing its name. As approved at the general meeting of shareholders on 12 February 2015, Tangiers Petroleum Limited wishes to advise of its change of name to 88 Energy limited. The Australian Securities and Investments Commission recorded the change of name on 26 February 2015. For ASX purposes, […]

  • 20 December 2011
    Business & Finance, Operations & Maintenance

    Tangiers Petroleum Limited announces that it has taken the opportunity to accelerate its Moroccan exploration program. The Company has reached agreement with Polarcus Samur Ltd to immediately commence an approximate 677 km2 3D seismic acquisition programme within its Tarfaya Block. This campaign will further delineate the areal extent of the structures for 3 of Tangiers […]

  • 19 December 2011
    Business & Finance

    Tangiers Petroleum Limited has taken the opportunity to accelerate its Moroccan exploration program. The Company has reached agreement with Polarcus Samur Ltd to immediately commence an approximate 677 km2 3D seismic acquisition programme within its Tarfaya Block. This campaign will further delineate the areal extent of the structures for 3 of Tangiers most significant prospects […]

  • 30 November 2011
    Business & Finance

    Tangiers Petroleum Limited said that  the ongoing interpretation of the re-processed 2-D seismic data from prospects in Tarfaya Block, offshore Morocco is producing excellent results. Three new prospects and multiple additional leads have thus far been identified. The new prospects have been named Apollo, Hermes and Hercules. These prospects sit in the Lower Cretaceous Tan […]

  • 22 July 2013
    Business & Finance, Operations & Maintenance

    The emphasis for much of Tangiers Petroleum’s April-to-June quarter was on corporate matters, with two separate farm-out deals now being finalised. Operationally, planning work is currently underway for the group’s first exploration well in Morocco, on the Tarfaya offshore block, which is being referred to as TAO-1. The environmental preparation work has also now been […]

  • 20 December 2011
    Business & Finance

    Tangiers Petroleum Limited announces that it has taken the opportunity to accelerate its Moroccan exploration program. The Company has reached agreement with Polarcus Samur Ltd to immediately commence an approximate 677 km2 3D seismic acquisition programme within its Tarfaya Block. This campaign will further delineate the areal extent of the structures for 3 of Tangiers […]

  • 22 July 2013
    Business & Finance

    The emphasis for much of Tangiers Petroleum’s April-to-June quarter was on corporate matters, with two separate farm-out deals now being finalised. Operationally, planning work is currently underway for the group’s first exploration well in Morocco, on the Tarfaya offshore block, which is being referred to as TAO-1. The environmental preparation work has also now been […]

  • 15 April 2014

    Tangiers Petroleum Limited has appointed David Wall as Managing Director with immediate effect.

  • 25 November 2011
    Business & Finance

    Tangiers Petroleum Limited, exploration company with permits offshore Australia and Morocco, has received a Competent Persons Report (“CPR”)  in respect of its WA-442-P and NT/P81 permit areas. The permits are situated within the shallow offshore Bonaparte Basin in Northern Australia The CPR includes an assessment of the size and prospective resources of the Nova prospect. […]

  • 28 July 2014
    Business & Finance, Operations & Maintenance

    Tangiers Petroleum Limited provides the following update on the TAO-1 exploration well located in the Tarfaya Offshore Block, Morocco. The TAO-1 exploration well has intersected the shallowest and secondary objective, Assaka. Based on currently available information, no hydrocarbon shows have been encountered. A full petrophysical evaluation of the Assaka objective will be carried out at […]

  • 12 August 2014
    Business & Finance

    Tangiers Petroleum Limited, an Australian-based oil explorer with assets offshore Morocco in shallow water advises that the company’s securities continue to be suspended on both ASX and AIM pending the release of an announcement to the market in relation to Tangiers’ funding obligation for the TAO-1 exploration well. “The Company expects the securities to re-commence trading on Monday 8 September 2014,” […]

  • 4 February 2014
    Business & Finance

    Tangiers Petroleum Limited advises that Eve Howell and Max de Vietri have resigned respectively as Executive Chairman and Non-executive Director, effective immediately, citing the loss of support of several major shareholders. Executive Director Brent Villemarette today thanked both directors for their efforts and their contribution to the Company, and wished them all the very best […]

  • 24 March 2014
    Business & Finance, Project & Tenders

    Tangiers Petroleum Limited has advised that the site survey has been completed at the location of the TAO-1 well, offshore Morocco, and is compatible for the use of a jack-up rig. A Novation Agreement has been entered into by Galp Energia on behalf of the joint venture partners to secure access to the Ralph Coffman Drilling Unit to […]

  • 1 May 2014
    Business & Finance, Equipment, Project & Tenders

    Tangiers Petroleum Limited has announced that the TAO-1 well off the Moroccan coast is on track to be spudded in June, with the Moroccan National Office of Hydrocarbons and Mines providing its final approval relating to the farm-out agreement between Tangiers and Galp Energia. The signing of the Amended and Updated Association Contract by the Moroccan National Office of Hydrocarbons […]

  • 29 November 2013
    Business & Finance, Operations & Maintenance

    Tangiers Petroleum Limited provides the following update relating to the Tarfaya Block in Morocco. The environmental approval process is progressing and the public review will be concluded in the next few weeks. The survey vessel has mobilised to offshore Morocco and is preparing to start the site survey over the proposed Tao-1 well location. Galp […]

  • 1 May 2014
    Business & Finance, Operations & Maintenance

    Tangiers Petroleum Limited informed that the TAO-1 well off the Moroccan coast is on track to be spudded in June, with the Moroccan National Office of Hydrocarbons and Mines providing its final approval relating to the farm-out agreement between Tangiers and Galp Energia. The signing of the Amended and Updated Association Contract by the Moroccan National Office of Hydrocarbons […]

  • 29 November 2013

    Tangiers Petroleum Limited has announced that the environmental approval process for the Tarfaya Block in Morocco is progressing and the public review will be concluded in the next few weeks. The company said that the survey vessel has mobilised to offshore Morocco and is preparing to start the site survey over the proposed Tao-1 well location. Galp Energia, who […]

  • 14 July 2014
    Business & Finance, Project & Tenders

    Tangiers Petroleum Limited has provided an update on the drilling of the TAO-1 exploration well,located offshore Morocco. No major operational issues have occurred to date and the well is expected to intersect the Assaka and Trident objectives within 60 days from spud, as previously announced. As the well has been designated as “tight”, no information related to […]

  • 14 July 2014
    Business & Finance, Operations & Maintenance

    Tangiers Petroleum Limited provides an update on the drilling of the TAO-1 exploration well, located offshore Morocco. No major operational issues have occurred to date and the well is expected to intersect the Assaka and Trident objectives within 60 days from spud, as previously announced. As the well has been designated as “tight”, no information […]

  • 10 May 2013
    Business & Finance

    Tangiers Petroleum Limited has announced that its Board has approved the final terms of its Farm-Out Agreement with CWH Resources Limited (CWH) and Ansbachall Pty Limited (Ansbachall) covering two of Tangiers’ Australian exploration permits (the Farm-Out Agreement). Tangiers has also been informed that the Boards of CWH and Ansbachall have approved the final terms and conditions of this Farm-Out […]

  • 28 July 2014

    Tangiers Petroleum has provided the following update on the TAO-1 exploration well located in the Tarfaya Offshore Block, Morocco. The TAO-1 exploration well, operated by Galp, has intersected the shallowest and secondary objective, Assaka. Based on currently available information, no hydrocarbon shows have been encountered. A full petrophysical evaluation of the Assaka objective will be carried out at section TD. Drilling […]

  • 22 May 2014
    Business & Finance, Equipment, Project & Tenders

    Tangiers Petroleum Limited has advised that drilling of the exploration well TAO-1 off the Moroccan Atlantic coast is on track to begin in mid-late June, with the Ralph Coffman jack-up rig now mobilised.