Search results for: spike exploration

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  • 20 November 2013
    Business & Finance, Project & Tenders

    Spike Exploration has launched compulsory offer for remaining Bridge Energy shares. Reference is made to the announcement dated 13 November 2013 in connection with settlement of the voluntary offer from Spike Exploration Holding AS to acquire all shares in Bridge Energy ASA not already owned by Spike Exploration. Following settlement of the voluntary offer, Spike […]

  • 16 September 2013

    Bridge Energy ASA , the Oslo Børs and AIM listed oil and gas exploration and production company has noted the announcement today by Spike Exploration Holding AS (“Spike Exploration”) that it will launch an offer to acquire the entire issued share capital of Bridge through a voluntary cash tender offer of NOK 15.25 per Bridge […]

  • 27 January 2015

    Spike Exploration Holding AS (Spike) has been awarded four licenses in the 2014 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf; three in the North Sea and one on Haltenbanken. Work commitments are a mix of reprocessing of seismic and acquisition of existing or new 3D-seismic, all followed by a […]

  • 29 April 2014
    Business & Finance

    Spike Exploration Holding AS has recently signed an agreement with Tullow Oil Norge AS to swap a 15% interest in licence PL494/B/C for a 15% interest in PL722. PL722 is located in the Hoop area in the Barents Sea. The prospectivity of the PL722 acreage is very attractive, especially after the nearby Wisting oil discovery […]

  • 17 June 2014

    Det norske oljeselskap ASA has signed an agreement with Spike Exploration to swap a 10 percent interest in licence 554/B/C containing the Garantiana oil discovery for a 20 percent interest in license 457 containing parts of the Ivar Aasen deposit, offshore Norway. Licence 457 is located adjacent and to the east of licence 001B (Ivar Aasen, DETNOR 35 percent […]

  • 3 May 2013

    Norway’s North Energy ASA has today signed a sale and purchase agreement with Spike Exploration Holding AS (Spike), whereby North Energy sells 10 per cent interests in offshore production licences (PLs) 299 and 590 to Spike for an undisclosed fee. North Energy’s remaining holdings after implementing the sale will be 10 per cent in PL […]

  • 4 December 2013

    Bridge Energy’s CEO and CFO are stepping down following the Spike Energy takeover deal. Bridge, the AIM listed oil and gas exploration and production company announces that Tom Reynolds and Jim Brunton have today resigned their respective positions as Chief Executive Officer and Chief Financial Officer of Bridge. These changes follow the completion of the […]

  • 18 January 2016
    Business & Finance

    Norway-based investment fund HitecVision has merged three oil companies it manages through private equity funds to form a mid-sized independent oil company focused on the Norwegian Continental Shelf. Pure E&P AS (previously Rocksource), Spike Exploration AS, and Core Energy AS will be consolidated to create Point Resources. HitecVision said the funds from the three companies would jointly invest […]

  • 12 June 2014
    Business & Finance, Operations & Maintenance

    Rocksource ASA has announced that drilling of the Bue sidetrack well, 6406/12-3A, to the North of the Pil discovery in PL 586 has begun. The Bue sidetrack follows the successful appraisal well on the Pil discovery. The results from the appraisal well led Rocksource to update its resource estimate for Pil to a range of […]

  • 12 June 2014

    Rocksource ASA has announced that drilling of the Bue sidetrack well, 6406/12-3A, to the North of the Pil discovery in PL 586 has started. The Bue sidetrack follows the successful appraisal well on the Pil discovery. The results from the appraisal well led Rocksource to update its resource estimate for Pil to a range of 90 […]

  • 17 August 2015
    Exploration & Production, Project & Tenders

    The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to VNG Norge AS for a wildcat well in the Norwegian Sea. VNG will use the Transocean Arctic semi-submersible drilling rig for the 6406/12-4 A exploration well in the Production licence 586. The well will be drilled after drilling of the wildcat well 6406/12-4 S […]

  • 28 November 2013

    Oslo Børs has received an application from Bridge Energy ASA, an oil and gas exploration and production company, for delisting of the company’s shares. Pursuant to Continuing Obligations section 15.1 (4)  cf Stock Exchange Act section 25 (1), Oslo Børs has  today made the following resolution: “The shares in Bridge Energy ASA will be delisted from […]

  • 17 February 2017
    Operations & Maintenance

    VNG Norge informed that the front end engineering and design (FEED) studies have been initiated for the Pil & Bue project. The partners in the licence PL586, where Pil & Bue are located, plan to pass the final investment decision for the discoveries by the end of the year. “The decision demonstrates the ability to move the Pil […]

  • 28 April 2014
    Business & Finance, Project & Tenders

    Rocksource ASA has announced that drilling of the Pil sidetrack well, 6406/12-3 B, in PL 586 has started. The preliminary estimate by the Operator VNG Norge AS for the size of the Pil discovery is between 8 and 27 million Sm3 recoverable oil equivalent (50 to 170 million barrels oil equivalent). The discovery well (6406/12-3 S) […]

  • 12 May 2013

    Canada’s oil and gas exploration an production company Talisman Energy has kicked off drilling at the Frode prospect in the Norwegian sector of the North Sea. The well, which is situated in the production licence 299, approximately 16 km south-east of the Gyda field, was spudded on Friday, as announced by North Energy which owns a […]

  • 15 October 2014
    Business & Finance, Exploration & Production, Project & Tenders

    The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7227/10-1, in the production licence 230, in the Barents Sea.  The 7227/10-1 wildcat well will be drilled from the Transocean Spitsbergen semi-submersible drilling rig. The name of the prospect is “Saturn”. Oil company Statoil, which is actively seeking for a permanent CEO […]

  • 26 June 2013
    Project & Tenders

    Talisman Energy Norge AS, the operator of PL 299 (Frode), in the Norwegian sector of the North sea, is about to complete drilling operations on the Frode prospect. No hydrocarbons were encountered and the well will be plugged and abandoned. The operator, headquartered in Calgary, Alberta, is using the Maersk Giant ultra harsh environment jack-up rig […]

  • 1 June 2016
    Business & Finance

    Norway-based investment fund HitecVision has announced that the merger between its portfolio companies Core Energy, Spike Exploration and Pure E&P has been completed, and the new company Point Resources is formally established and operative.  HitecVision in January announced the merger of its portfolio three companies to form a mid-sized independent oil company focused on the Norwegian Continental Shelf. CEO Roar […]

  • 16 March 2016
    Business & Finance

    Norwegian exploration and production company VNG Norge has signed a five-year frame agreement with a provider of oilfield services, Reinertsen, in relation to the Pil & Bue project located in the Norwegian Sea.  The contract with Reinertsen is for an owner’s engineering services (OES). The value of the deal is determined by the final concept and is […]

  • 6 March 2017
    Operations & Maintenance, Project & Tenders

    Aker Solutions has secured a front-end engineering and design (FEED) contract from VNG Norge for the Pil & Bue development in the Norwegian Sea. The FEED is for the subsea production system that will be used in a tieback of Pil & Bue to the Njord A platform. It will compete against a design from […]

  • 24 August 2015
    Business & Finance

    Det norske will acquire 10 per cent interest in production licence 722, in the Barents Sea, from North Energy ASA.  The licence was awarded in the 22nd licensing round, and is subject to a drill or drop decision in the second quarter of 2016. According to its press release, the transaction with Det norske forms part of North […]

  • 15 December 2015
    Exploration & Production, Project & Tenders

    VNG Norge, an exploration and production company from Norway, has submitted a proposed program for impact assessment for development and operation of the Pil & Bue project in the Norwegian Sea. The company plans to deliver a development plan in 2017.  VNG Norge is the operator of the Pil & Bue discoveries proven in production […]