Year
16 Apr 2019
Pandion Energy acquires 20 percent of PL 263 D & E from Equinor
Pandion Energy AS (Pandion Energy) has entered into an agreement with Equinor Energy AS (Equinor) to acquire a 20 percent interest in licenses PL 263 D and PL 263 E, containing the Appolonia prospect. The licenses are located in the prolific Haltenbanken area of the Norwegian Sea in blocks 6407/1 and 6507/10, respectively. The operator...
15 Apr 2019
Energean Israel: Significant New Gas Discovery at Karish North
Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג ),the oil and gas producer focused on the Mediterranean, is pleased to announce that the Karish North exploration well has made a significant gas discovery. Preliminary analysis indicates: Initial gas in place estimates of between 1 Tcf (28 Bcm) and 1.5 Tcf (42 Bcm). High quality...
08 Apr 2019
Zennor Provides Finlaggan Field Development Update
Zennor Petroleum Limited (“Zennor”), through its subsidiary Zennor Pathway Limited, is currently developing the 100% owned Finlaggan field in the UK Central North Sea (block 21/05c and 21/05d, Licence P2013). The development project is targeting 30mmboe of gas condensate reserves from two subsea production wells tied back 20km to the Britannia platform, which is operated...
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...
