04 Apr 2019

Pandion Energy: Publication of 2018 Annual Report

The Board of Directors of Pandion Energy has approved the Company’s annual report for 2018, including the audited financial statements for 2018. “After a flying start in 2017, outperforming our own objectives, 2018 was the year we really established Pandion Energy as a full-cycle oil and gas company. During the year, we expanded our portfolio...
04 Mar 2019

Kerogen Capital Joins Natural Gas Initiative to strengthen research efforts in the safe and effective use of natural gas

Kerogen Capital (Kerogen) has joined Stanford University’s Natural Gas Initiative (NGI) in January 2019, which aims to support the use of natural gas for its greatest social, economic and environmental benefit. NGI is a collaboration of more than 40 research groups under Stanford’s School of Earth, Energy & Environmental Sciences and the Precourt Institute for...
04 Mar 2019

Energean commences its drilling campaign in Israel

Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג), the oil and gas producer focused on the Mediterranean, is pleased to announce that it has commenced its 2019 drilling programme in Israel, which will consist of three development wells and Karish North. Following this four well campaign, Energean has a further six drilling options available...
21 Feb 2019

Pandion Energy Development plan submitted for the Duva field

The PL 636 license partners have earlier today submitted the development plan for the Duva project (formerly known as Cara discovery) in the Norwegian sector of the North Sea to the Ministry of Petroleum and Energy. Pandion holds a 20% interest in the Duva project. The Duva field will be developed as subsea tie-back connecting...
30 Jan 2019

Pandion Energy partners with Computas and Google

Pandion Energy has recently embarked on the process of digitalization of its subsurface capabilities through applying new digital solutions to geological and geophysical data. The objective is to drive innovation and enhance efficiency in the exploration for oil and gas on the NCS. This work has been motivated by Kerogen Capital, the company’s financial backer,...
15 Jan 2019

Pandion Energy awarded two new APA Licenses

Pandion Energy has been awarded two licenses under the 2018 Norwegian APA (Awards in Pre-defined Areas) License Round on the Norwegian Continental Shelf. The APA award was announced by the Minister of Petroleum and Energy (MPE), Kjell-Børge Freiberg on Tuesday 15. January. For more information about APA 2018 see MPE’s website. Pandion Energy has been awarded...
31 Dec 2018

Pandion acquires 30 percent of PL 842 from Aker BP

Pandion Energy AS (Pandion Energy) has entered into an agreement with Aker BP ASA (Aker BP) to acquire a 30 percent interest in PL 842 in the Norwegian Sea. The license is located in blocks 6608/10, 11 and 12, east-northeast of the Norne field. PL 842 was awarded in the 2015 APA round and is operated by...
22 Oct 2018

Zennor Announces OGA Approval for the Finlaggan Field Development & Signing of a £170mm Senior Secured Term Loan Facility

Zennor Petroleum Limited (“Zennor”) is pleased to announce that it has received approval from the Oil & Gas Authority (OGA) to proceed with the Finlaggan Field development in the UK Central North Sea (block 21/05c), of which it owns 100%. The development project to recover 26mmboe of 2P gas condensate reserves will include two subsea...
22 Oct 2018

The EU rewards Ideol with €2.5 million to finance the industrialization and commercial development of its technology

Ideol has just received a €2.5 million grant from the European Commission under the Horizon 2020 – SME Instrument programme. This funding is outstanding since this very selective programme only rewards 5% of the candidate projects. Last 20 September, the SME Instrument programme awarded Ideol a €2.5 million grant for the Leadfloat project. This project...
11 Oct 2018

NOK 400 million senior unsecured bond listed on Nordic ABM

Pandion Energy is pleased to announce that the Company’s NOK 400 million senior unsecured bond “Pandion Energy AS Senior Unsecured Callable Bond Issue 2018/2023” with ISIN NO 0010820103 has been listed on the Nordic ABM. DNB Markets and Pareto Securities acted as Joint Lead Managers for the bond issue. NOK 400 million senior unsecured bond...
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