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LGO Energy predicts recoverable oil from Trinidad well

Thu, 11th Jun 2015 11:15

Oil and gas company LGO Energy has said that initial drilling of its GY-674 development well in Trinidad has confirmed the presence of "recoverable hydrocarbons".The AIM group said the well was spudded a few weeks ago and electric log interpretation from both the Goudron and C-sand intervals was positive.Net oil pay in the Goudron sandstone is estimated to be 492 feet and net hydrocarbon pay in the C-sand main target is expected to be 277 feet.GY-674 is the third of seven wells currently planned for 2015, LGO said.The stock was up 2.6% at 4p by 11:17 on Thursday.
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29 Nov 2016 09:06

LGO Energy sells over 10,000 barrels of oil in Spain

(ShareCast News) - Oil and gas company LGO Energy has sold over 10,000 barrels of surplus crude oil in Spain. The company's subsidiary CompaƱia Petrolifera de Sedano, is to deliver 11,200 barrels of surplus crude oil that was built up at the Ayoluengo oil field in December and January 2017 to a Span

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28 Jul 2016 10:03

LGO Energy Says Production Commences At Well In Goudron Field

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18 Jul 2016 07:58

LGO Energy Reports Large Lifts To Reserve Estimates At Goudron Field

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27 Jun 2016 15:10

UK Shareholder Meetings Calendar - Next 7 Days

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14 Jun 2016 10:40

LGO Energy Says Further Cash Freed Up To Progress Goudron Project

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9 Jun 2016 15:51

LGO Energy Issues Shares To Pay Creditors (ALLISS)

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12 May 2016 08:31

LGO Energy Makes Progress On Goudron Re-Completion Programme

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4 May 2016 16:30

LGO Energy Raises GBP3.3 Million, Agrees Repayment Schedule (ALLISS)

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27 Apr 2016 16:15

LGO Energy starts pumping at recompleted Trinidad well

(ShareCast News) - LGO Energy excitedly announced the start of production from a new interval in well GY-671 on the Goudron Field in Trinidad on Wednesday. The AIM-traded company had added a total of 208 feet of perforations to the Upper C-sand reservoir after setting a packer to isolate the zone. I

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27 Apr 2016 08:07

LGO Energy Successfully Re-Completes GY-671 Well On Goudron Field

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20 Apr 2016 06:59

LGO Energy Steps Up Efforts To Boost Production From Goudron Field

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18 Apr 2016 14:50

LGO Energy Wins Shareholder Approval To Issue New Shares (ALLISS)

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6 Apr 2016 15:24

LGO Energy mobilises second rig at Goudron

(ShareCast News) - LGO Energy was pressing ahead with the restoration of production at Goudron Field in Trinidad on Wednesday, moving a second rig to join current operations at the site.. The AIM-traded firm's local subsidiary, Goudron E&P, confirmed it had mobilised a second workover rig to the fie

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6 Apr 2016 08:42

LGO Energy Mobilises Second Rig For Goudron Workover Programme

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24 Mar 2016 11:23

LGO Energy Says Overriding Goudron Royalty Rate Reduction In Force

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