Faroe Petroleum Plc Share News (FPM)

VNG's Norwegian Boomerang prospect yields small oil find

OSLO, Sept 17 (Reuters) - Germany's VNG has made only a small oil discovery in the highly anticipated Boomerang prospect, Norway's Petroleum Directorate (NPD) said on Thursday. The first of two wells drilled contained 2-5 million standard cubic meters of oil, corresponding to between 12.6-3

Shell drills dry well in the Norwegian Sea -NPD

OSLO, Sept 14 (Reuters) - Royal Dutch Shell Plc drilled a dry well in the southern section of the Norwegian Sea, The Norwegian Petroleum Directorate (NPD) said on Monday. This is the first exploration well in production licence 793 awarded in the 2015 pre-defined licensing round (APA), NPD

Faroe Petroleum plugs and abandons Portrush well

(ShareCast News) - Oil and gas company Faroe Petroleum said the Portrush exploration well in the Norwegian North Sea has been plugged and abandoned after no hydrocarbons were encountered. Faroe said this was the first well to be drilled in the production licence in the Grimsan Basin, around 20 kilom

LONDON BRIEFING: Miners, Kingfisher Lead Calm End-Of-Week Trade

REPEAT: Faroe Petroleum And Shell Fail To Find Hydrocarbons In Portrush Well

Faroe Petroleum And Shell Fail To Find Hydrocarbons In Portrush Well

UPDATE 1-Norway sees dip in oil firms applying for drilling permits

(Adds energy minister's quote, background) OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual licensing round in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said on Wednesday.

Norway says 43 firms applied for drilling permits in mature areas

OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual round of license awards in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said in a statement. Statoil, BP and Royal Dutch Shel

Faroe Petroleum increases stakes in North Sea projects

(ShareCast News) - Oil and gas explorer Faroe Petroleum has increased its share in two gas fields in the North Sea, after agreeing to acquire Roc Oil in a deal worth to $20m. Under the agreement, Faroe will take control of Roc's 12.5% stake in the Blane field and of the group's 12% stake in the Enoc

Faroe Petroleum Ups Stake In North Sea Fields For USD20.0 Million

Faroe Petroleum begins drilling at Portrush well in Norwegian Sea

(ShareCast News) - Faroe Petroleum has begun drilling the Portrush exploration well in the Norwegian Sea, in which it holds a 20% stake. The licence is located south east of the producing Statoil-operated Njord field, in which Faroe owns a 7.5% stake and west of the Shell-operated Draugen field. Ch

Faroe Petroleum Says Drilling Starts At Portrush Well In Norwegian Sea

BROKER RATINGS SUMMARY: Citi Adds British Land To European Focus List

LONDON BRIEFING: easyJet Shares Buck Down Market As It Beats Guidance

UPDATE: UK Scraps Climate Change Levy, Confirms North Sea Support