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Sale of UK gas assets
Tullow Oil plc (“Tullow” or “the Group”) announces that its subsidiary Tullow Oil SK Limited has entered into an agreement to sell 53.1% of its Schooner unit interest (currently 93.1%) and 60% of its Ketch asset (currently owned 100%) in the UK Southern North Sea to Faroe Petroleum (U.K.) Limited (“Faroe”).

date.png07 May 2014 10:41 | comments.png 0 Comments | tags.png europe faroe tullow uk upstream [ More ]

Dry well near the Valhall field
Faroe Petroleum, operator of production licence 440 S, is about to complete the drilling of wildcat well 2/8-18 S. The well is dry.
The drilling took place ten kilometres north of the Valhall field in the southern part of the North Sea.

date.png02 Jul 2012 09:20 | comments.png 0 Comments | tags.png europe faroe norway upstream [ More ]
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