Search results for: Trapoil

60 results

A list of search results

  • 23 April 2012
    Business & Finance, Project & Tenders

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has been advised by Summit Petroleum Limited that the 12 ¼” hole section of the Orchid well bore has been re-drilled as a mechanical side-track. The partners in exploration licence P.1556 are Summit […]

  • 4 May 2012
    Business & Finance

    Trapoil , the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, yesterday announced the start of production at its Lybster field situated on Block 11/24 – 3v2  (“Lybster”), which is operated by Caithness Oil Limited. The Lybster production facilities have been installed and […]

  • 27 December 2012
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update with regard to the Romeo well and the Athena acquisition. Romeo Well Operations are continuing on the Romeo (Licence P.1666, Block 30/11c) exploration prospect (“Romeo”) (Trapoil 12.5 per cent. […]

  • 8 February 2013
    Business & Finance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has announced details of its farm-in to the Trent East Terrace area and provide an operational update, principally in respect of certain of its planned exploration wells. Trent East Terrace Farm-in On […]

  • 27 December 2012

    Operations are continuing on the Romeo (Licence P.1666, Block 30/11c) exploration prospect (“Romeo”), Trapoil, which owns 12.5 per cent carried interest has informed. Romeo is a four-way dip closure mapped at Base Cretaceous Unconformity with Fulmar sands as the reservoir objective, and with best estimate gross prospective resources for the entire prospect of approximately 44 […]

  • 29 May 2014
    Business & Finance, Project & Tenders

    Trapoil, an independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has provided a corporate and operational update. Trapoil’s management is in the process of determining how best to create value from the group’s existing cash reserves and assets while minimising risk for shareholders. […]

  • 29 May 2014
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf region of the North Sea, has provided a corporate and operational update. Trapoil’s management is in the process of determining how best to create value from the group’s existing cash reserves and assets while minimising risk for shareholders. Following […]

  • 16 September 2013

    Trapoil, an oil and gas company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has been notified by the Athena field operator, Ithaca Energy Inc.,that further to its recent diagnostic testing, including an investigation of the ESP installed in the “P4” well in the Athena Field, the fault has yet to […]

  • 9 September 2013
    Business & Finance, Project & Tenders

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf region of the North Sea, announces that it has entered into legally binding Heads of Agreement with Caithness Oil Limited, its parent company, Caithness Petroleum Limited and IGas Energy plc. Under the terms of the Agreement, Trapoil has […]

  • 21 October 2013
    Business & Finance, Project & Tenders

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) announces an update covering arrangements with Norwegian Energy Company UK Limited (“Noreco”). Proposed Arrangements and Revised Equity Interests Trapoil has been informed by Noreco that it no longer intends to drill the Crazy Horse well, which was […]

  • 7 January 2013
    Business & Finance, Project & Tenders

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announced that it has entered into non-binding heads of terms potentially to acquire an additional 45 per cent working interest in Licence P.1556, Block 29/1c containing the Orchid oil discovery (the “Proposed Acquisition”) […]

  • 17 December 2013
    Business & Finance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has entered into a Farm-out Agreement relating to its equity interest in Licence P.2032 (Blocks 21/8c, 21/9c, 21/10c, 21/14a and 21/15b) (“Valleys”) with Total E&P UK Limited . The agreement provides that […]

  • 4 July 2011
    Business & Finance

    Trapoil  announces the acquisition of Reach Oil & Gas Limited (“Reach”) for a total consideration of approximately £30 million (£20 million in cash and approximately £10 million in new ordinary shares to be issued at a deemed price of 43 pence per share). Reach’s two wholly-owned subsidiaries, Reach Exploration (UK) Limited (“Reach UK”) and Reach […]

  • 22 January 2013
    Business & Finance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces that on 18 January 2013 it completed a farm-in agreement with Extract Petroleum Limited (“Extract”) with respect to the acreage awarded to it in the recent 27th Seaward Licensing Round, the […]

  • 24 July 2012
    Business & Finance, Project & Tenders

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update in relation to its 2012/13 drilling programme, its proposed acquisition of a working interest in the Trent East Terrace (“TET”) and its Athena acquisition. 2012/13 Drilling Programme It is […]

  • 7 January 2013
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces that it has entered into non-binding heads of terms potentially to acquire an additional 45 per cent working interest in Licence P 1556, Block 29/1c containing the Orchid oil discovery (the “Proposed […]

  • 8 January 2015
    Business & Finance, Exploration & Production, Project & Tenders

    Trapoil has announced that a contract has been signed for a jack-up rig for the drilling of a well to test the Niobe prospect, in the North Sea. The Niobe prospect, formerly named Kratos, is located in the Licence P.1889, Blocks 12/26b and 12/27, within the Moray Firth. Suncor Energy UK is the operator with 49.5 percent equity interest, […]

  • 18 February 2013
    Business & Finance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has announced that operations have commenced on the Scotney (Lence P.1658, Block 20/5b) exploration prospect. Tweedsmuir sands as the reservoir objective and best estimate gross prospective resources for the entire prospect of […]

  • 11 February 2015

    Trapoil has decided to relinquish licence P.1556 Block 29/1c (Orchid) located in the western margin of the Central Graben immediately to the north east of the Bittern field, in the North Sea.  Further to the company’s announcement of January 8, 2015 when Trapoil relinquished a number of licences, the Board has decided to also relinquish Licence P.1556 […]

  • 21 December 2012

    Trapoil , the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has confirmed that on 21st December 2012 it completed the previously announced acquisition of a 15 per cent. working interest in the Athena Oil Field (“Athena”) from Dyas UK Limited (“Dyas”). Completion […]

  • 23 December 2012
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, confirms that on 21st December 2012 it completed the previously announced acquisition of a 15 per cent. working interest in the Athena Oil Field (“Athena”) from Dyas UK Limited (“Dyas”). Completion followed delays […]

  • 28 May 2019

    Total will pay Jersey Oil & Gas (JOG) nearly one million dollars for its termination of a UK North Sea farm-in agreement back from 2013 following a settlement between the two companies.