Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWestmount Engy. Regulatory News (WTE)

Share Price Information for Westmount Engy. (WTE)

Share Price is delayed by 15 minutes
Get Live Data
3.60    -0.10 (-2.70%)
Bid:
3.50
Ask:
3.70
Spread: 0.20 (5.714%)
Market Cap: £5.19m
WTE Live PriceLast checked at - London Stock Exchange

Intraday Westmount Engy. Share Chart

Drilling operations at Jabillo-1

7 Jun 2021 07:00

RNS Number : 9564A
Westmount Energy Limited
07 June 2021
 

 

 

7th June 2021

WESTMOUNT ENERGY LIMITED

("Westmount" or the "Company")

Re-commencement of drilling operations at Jabillo-1, Canje Block, offshore Guyana

Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF) is pleased to note the announcement by the Maritime Administration Department, Guyana, that the Stena Carron drillship will re-commence exploration drilling operations at the Jabillo-1 wellsite on the Canje Block, offshore Guyana on the 5th June 2021.

 

Jabillo-1 is the second of 3 exploration wells scheduled for drilling on the Canje block in 20211. Previously published information indicates that Jabillo-1 is a circa 1,000 MMbbl oil prospect targeting a Late Cretaceous, Liza-age equivalent, basin floor fan1.

 

Westmount holds an indirect interest in the Canje Block as a result of its circa 7.7% interest in the issued share capital of JHI Associates Inc. ("JHI")2. Following a 2018 farm-out to Total, JHI is carried for the drilling of the Jabillo-1 well and is funded for the drilling of additional wells.

 

The Canje Block is currently operated by an ExxonMobil subsidiary, Esso Exploration & Production Guyana Limited (35%), with Total (35%), JHI (17.5%) and Mid-Atlantic Oil & Gas Inc. (12.5%) as partners.

Westmount is also pleased to announce that the Company's updated corporate presentation can be viewed on, or downloaded from, its website at http://www.westmountenergy.com/presentations/.

 

 

1 JHI's Website https://www.jhiassociates.com

2 Based on JHI's issued share capital as at 30th August 2019

 

 

For further information, please contact:

 

Westmount Energy Limited www.westmountenergy.com

David King, Director Tel: +44 (0) 1534 823059

Anita Weaver

 

Cenkos Securities plc (Nomad and Broker) Tel: +44 (0) 20 7397 8900

Nicholas Wells/Neil McDonald (Corporate Finance)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DRLDKABBDBKBNAK
Date   Source Headline
19th May 20267:00 amRNSUpdate re: acquisition of JHI by Eco
14th May 202610:03 amRNSHolding(s) in Company
5th May 20267:00 amRNSUpdate re: acquisition of JHI by Eco
9th Apr 20263:00 pmRNSHolding(s) in Company
30th Mar 20267:00 amRNSInterim Results
16th Mar 20263:44 pmRNSHolding(s) in Company
16th Mar 20263:44 pmRNSHolding(s) in Company
12th Mar 202611:49 amRNSHolding(s) in Company
2nd Mar 20265:05 pmRNSFarm-In to JHI’s North Falklands Basin Licence
3rd Feb 20269:47 amRNSHolding(s) in Company
13th Jan 20267:00 amRNSNavitas Farm-In to JHI’s North Falklands Licence
12th Dec 20252:20 pmRNSResult of AGM
19th Nov 20257:00 amRNSFinal Accounts & Notice of AGM
19th Aug 20259:06 amRNSHolding(s) in Company
6th Aug 20257:00 amRNSNew Corporate Presentation
5th Aug 20254:34 pmRNSStatement Regarding Share Price Movement
4th Aug 20259:27 amRNSHolding(s) in Company
4th Aug 20257:00 amRNSHolding(s) in Company
1st Aug 20259:02 amRNSHolding(s) in Company
12th Jun 20258:31 amRNSHolding(s) in Company
10th Jun 20257:00 amRNSInvestment Portfolio Update
3rd Jun 202510:08 amRNSHolding(s) in Company
28th Mar 20257:00 amRNSInterim Financial Statements
23rd Jan 20254:25 pmRNSHolding(s) in Company
9th Jan 20259:19 amRNSHolding(s) in Company
12th Dec 202412:08 pmRNSResult of AGM
19th Nov 20247:00 amRNSFinal Results & Notice of AGM
8th Nov 20247:00 amRNSNotification of Voluntary Withdrawal from OTCQB
4th Nov 20247:00 amRNSNamibian exploration and appraisal program
15th Aug 20247:00 amRNSChange of Registered Office
1st Jul 20249:08 amRNSHolding(s) in Company
16th Apr 20245:19 pmRNSHolding(s) in Company
26th Mar 20247:00 amRNSInterim Results
19th Mar 20247:00 amRNSCEC - Complete Redemption of Loan Notes
6th Mar 20243:21 pmRNSBlock 3B/4B Orange Basin – Investees’ Farm-down
8th Feb 20241:43 pmRNSAfrica Oil Corp. update
9th Jan 202412:11 pmRNSHolding(s) in Company
7th Dec 202311:34 amRNSResult of AGM
9th Nov 20237:00 amRNSChange of Nominated Adviser
9th Nov 20237:00 amRNSFinal Results & Notice of AGM
28th Sep 20232:42 pmRNSNamibia - Africa Oil Corp Update
27th Sep 20233:49 pmRNSKaieteur Block – Ratio Petroleum Update
25th Sep 20231:02 pmRNSAcquisition of North Falklands Basin PL001 by JHI
1st Sep 20232:44 pmRNSHolding(s) in Company
10th Aug 20234:05 pmRNSEco-Orinduik & New Corporate Presentation
24th Mar 20237:00 amRNSInterim Results
9th Jan 20237:00 amRNSCEC - Return of Capital Transaction
15th Dec 20225:24 pmRNSProposed acquisition of PL001 by JHI
8th Dec 20221:25 pmRNSResult of AGM
1st Nov 20227:00 amRNSFinal Results & Notice of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.