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Northern Petroleum begins extended well test at Markwells Wood

Northern Petroleum (LON:NOP) has started operations for an extended well test of its Markwells Wood oil discovery in West Sussex, UK. Northern drilled the Markwells Wood-1 in late 2010 on a site that...

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Wessex Exploration and Northern Petroleum cheer Tullow success in French Guiana

Wessex Exploration (LON: WSX) and Northern Petroleum (LON:NOP) were celebrating today after a wildcat exploration well offshore French Guiana struck oil. Small cap oil investors have been watching...

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Tower Resources secures funding for Uganda well after Global Petroleum opts out

Tower Resources (LON:TRP) is set to go it alone with drilling its next well in Uganda after fellow oil firm Global Petroleum (LON:GBP) confirmed that it would not be taking part in the project....

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Northern Petroleum and Wessex eye next stage drilling in Guyane

The two AIM quoted oil and gas players that hold minority interests in the potentially significant Zaedyus oil discovery in Guyane, said today that further drilling on the licence had been slated for...

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Wessex Exploration looks ahead to further drilling in French Guiana

Wessex Exploration, the AIM quoted oil and gas explorer with a stake in the discovery of a new basin offshore French Guiana, has released more details about plans for further exploration on the...

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David Bramhill quits Wessex Exploration

Well known oil industry executive David Bramhill, has quit his role as non-executive chairman of AIM quoted Wessex Exploration (LON:WSX) with immediate effect. Bramhill brought Wessex to AIM in March...

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Plexus signs up ENI and Oil States for subsea wellhead project

Oil and gas engineering services business Plexus (LON:POS) has signed up more major oil companies as consulting partners on its Joint Industry Project (JIP) to develop and commercialise a new and safer...

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Northern Petroleum sets sights on second well on Guyane Maritime permit

Northern Petroleum (LON:NOP) has confirmed that the Stena Drillmax ICE drillship has begun work on the second well on the Guyane Maritime permit. The new well, GM-ES-2, follows the Zaedyus oil...

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Northern Petroleum and Wessex Exploration eye second Guyane Maritime well

Shell has begun drilling the second of four wells planned in the Guyane Maritime Permit in French Guiana. The GM-ES-3 well is being operated by Shell (45%) on behalf of Total (25%), Tullow Oil (27.5%),...

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Agriterra receives $28 million as it exits Ethiopia Licence

Agriterra (LON:AGTA) has completed the assignment of its 20% interest in the South Omo Block to Marathon Oil and has received a payment of US$28million (plus closing adjustments), from Marathon Oil. In...

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