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EnQuest on track for FY oil production
News EnQuest, the FTSE 250 exploration firm, said oil production was up 20% in the first half of the year and it was on track to hit full year estimates.
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Heritage cranks up oil output
News Exploration and production firm Heritage Oil saw a 71% increase in the number of barrels of oil produced per day (bopd) between 1 July to 15 November compared to the same period a year ago.
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Parkmead recieves loan to fund acquisition
News Parkmead, an independent oil and gas company, has completed an agreement with XTO UK to acquire a 15% interest in a number of blocks in the North Sea.
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Aurelian shares fall on un-commercial well
News Aurelian Oil and Gas saw its share price fall after reporting that the topmost section of the Horodnic-1 appraisal well is likely to be un-commercial.
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Wood Group wins £500m contract
News Oilfield support services giant Wood Group said it had been awarded a £500m contract to provide maintenance services in the North Sea.
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Ophir to start biggest ever drilling programme
News Ophir, the Africa-focused oil and gas firm, said it was about to enter the most active period in its history.
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Afren shares up on production announcement
News The FTSE 250 oil company Afren has seen its share price edge higher in morning trading following the announcement that it expects to hits production target of 50,000 barrels of oil per day by the end of 2011.
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Premier Oil on target
News Premier Oil has reported that its two significant Asian developments are now onstream as a result of progress made during the period to 15 November.
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Changes continue at top of BG Group
News Oil and gas firm BG Group has announced more changes at the top as it continues to beef up its succession plans.
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