Notified by the UK Oil and Gas Authority, Australian-based Talon Petroleum has successfully joined a joint bid alongside with Netherlands-based partner ONE-Dyas. This was for a license over Block 1430b via the UK 31st Supplementary Offshore Licensing Round. The license contains the Thelma Prospect, a Burns Sandstone stratigraphic trap and a 29mmbo (gross best estimate)...Continue Reading

Aker BP, a Norwegian oil exploration & development company struck an oil column in the primary exploration target of 28 metres in sand layers at the wildcat well 25/2-21. (Liatårnet) The discovery made by Aker BP, operator of production license 442 in the North Sea had good reservoir quality. The 9th exploration well in production...Continue Reading