US onshore oil & gas company Northcote Energy has taken a step forward in its fracking programme in Oklahoma. Northcote is starting fracture stimulation of a third horizontal well, West Little Drum, on its 51% owned Horizon project this week. It is part of a four-well 2013 fracking programme targ
Read moreNorthcote Energy, an onshore US oil and gas exploration and production company, has signed an agreement with Aminex to acquire a 25 per cent working interest in a number of producing leases at the South Field in Texas. Oil and gas producer Aminex will be paid in the region of $0.45m dollars, which
Read moreRecently floated US onshore oil and gas exploration outfit Northcote has today announced the creation of a development partnership - Northcote Drilling Partners LP - which will allow it to pursue its ambitious drilling programme and leverage its 'know-how' in the sector and in that region. Critic
Read moreAIM-listed onshore US oil and gas exploration and production company Northcote Energy has reported initial positive results from the successful fracture stimulation of its Big Hill No. 1 well at the Horizon Project in Osage County, Oklahoma. Testing at the well, in which Northcote has a 51.75% work
Read moreNorthcote Energy expects to see an increase in revenues and oil production following the acquisition of Oklahoma Energy. The US oil and gas company has purchased 100% of the outstanding membership interests of the group for a cash consideration of $50,000 and the issue of $250,000 new ordinary sha
Read moreAIM-listed oil and gas exploration and production company Northcote Energy has provided a positive update regarding its operations in Oklahoma. The company reported that progress had been achieved across all three areas of the company's project portfolio, which has a "P1 PV10" of $47.6m. A "PV10"
Read moreNorthcote Energy, the newly AIM-listed oil and gas company, has said that preparations for the fracture stimulation programme on its Horizon Project are going according to plan, and it expects to begin the fracture process in late February or early March. It also revealed that it has acquired a 3.
Read moreNorthcote Energy, an onshore US oil and gas exploration and production company, said Wednesday that it has has exercised two of its options to acquire an additional 10 per cent working interest and an average 2.2 per cent royalty interest in the Horizon Project in Oklahoma. The move increases the
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