Drilling & production

Early production from the Catcher field in the North Sea is expected to be approximately 10 000 bpd.

It is introducing over 180 additional part numbers in outer diameters from 1 to 12 in.

The ONZ-7 well is the fifth well in the Company's nine well campaign.

The company has announced the successful completion of workovers of third and fourth wells at Puesto Flores Field.

The flow test results are anticipated within the next four days.

BNK Petroleum have begun drilling the Glenn 16-2H well in the company's Tishomingo Field.

The Petroleum Safety Authority have given Spirit Energy (formerly Centrica E&P Norge) consent to use the Island Innovator mobile drilling facility.

The Mt. Providence well encountered approximately 153 net ft of high quality, primarily oil pay in one Miocene interval with no visible water level.

ADES International Holding Ltd has successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI, all of which are in the Gulf of Suez area.

This announcement follows the Delek Group's Immediate Report dated December 24, 2017.

An updated, detailed presentation is now available on their website.

BGS Group hosts the Exploration and Production Offshore Congress Hub in March 5 - 6, 2018 in Rome, Italy.

The Baker Hughes international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016.

Petroleum Commissioner visits site.

Well Brønn 16/4-11 will be the fifth well drilled within the licence area.