Northcote Energy has acquired a 37.5% working interest in the Alta Loma Field, a 444 gross acre property in Texas, which is operated by Activa Resources. Alta currently procudes 30.7 barrels of oil equivalent per day (boepd), or 8.6 boepd, from one producing well. Northcote paid a consideration
Read moreAfrica-focused oil and gas explorer and producer Aminex is selling its US arm to AIM-listed Northcote Energy and privately owned Springer Oil and Gas for $5m. Aminex, which has two operated discoveries in Tanzania, is selling a US portfolio which mainly includes the Shoats Creek field in Louisiana
Read moreLONDON (Alliance News) - Aminex PLC Tuesday said it has completed the sale of its US business to US-focused oil and gas company Northcote Energy Ltd and Springer Oil and Gas LLC for a total of USD5 million in cash and shares. The move of Aminex selling its US business, first announced last
Read moreLONDON (Alliance News) - Northcote Energy Ltd Thursday announced a correction to its first Zink Ranch Well test in Oklahoma, which improves the site's net production figures. The company said its announced results for the 8-A well at the site on Wednesday showed the wrong net production fig
Read moreAIM-listed Northcote Energy has announced positive initial gross flow rates for the 8-A well at its Zink Ranch project, although the news prompted a fall in the share price. The well tested at 11.5 barrels of oil per day and 159m cubic feet per day, equating to 38 barrels of oil equivalent per day
Read moreLONDON (Alliance News) - Northcote Enrgy PLC said Wednesday that its Zink Ranch Project in Oaklahoma has recorded its first positive initial gross flow rates for the 8-A well at its Zink Ranch project. The company said that over a two-day test, initial gross flow rates of 11.5 barrels of oi
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