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Fri, 10th Jun 2011 11:47
* Small firms dominate North Sea exploration * Oil price fall to curb investment, tax receipts * Mergers could help create more robust businesses By Karolin Schaps LONDON, Dec 22 (Reuters) - Plunging oil prices have increased the strain on the many small energy firms opera
Read moreEnegi Oil has terminated a farm-out agreement with Black Spruce Exploration for three of its assets in Newfoundland. The firm said the decision was taken as the group aims to find a different partner to operate the project, preventing the company from having to raise any capital in difficult market
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