Faroe Petroleum


All posts for Faroe Petroleum

Faroe Petroleum - Brasse East Well Commitment

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commitment by the PL740 Brasse Joint Venture partners (Faroe 50% and operator and Point Resources 50%) to drill the Brass ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Faroe Petroleum

Faroe Petroleum Annual Report 2017

Chairman's and Chief Executive's statement Faroe's consistent strategy of creating value through the drillbit has delivered another yearof strong progress and reserves growth. Year-on-year reserves grew by 20% and in the last five years reserves have grown by more than 400% – mainly as ...

OilVoice Press - OilVoice


Posted 23 days agoPress > Faroe PetroleumAnnual ReportsEarnings +1

Faroe Petroleum: Production Increase at Tambar and Fogelberg Update

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that both new infill wells drilled this year on the Tambar field in Norway, (Faroe 45%) have now been brought successfully on ...

OilVoice Press - OilVoice


Posted 25 days agoPress > Faroe PetroleumProductionTambar Field +6

Oil Price, Sound Energy, Faroe Petroleum, SDX Energy, Bahamas Petroleum, And Finally…

WTI $68.19 +14c, Brent $74.74 +74c, Diff -$6.55 +60c, NG $2.82 +4c Oil Price It is still all about I Ran, clearly the Donald didnt take anything his mate Emanuelle said the other night nor should we have expected him to, this is one decision he is unlikely to go back on. May the 12th is begin ...

Malcolm Graham-Wood - Malcy's Blog


Posted 28 days agoOpinion > oil priceSound EnergyFaroe Petroleum +5

Oil Price, Hurricane, Faroe, Zenith, And Finally…

WTI $63.42 +$1.36, Brent $68.65 +$1.54, Diff -$5.23 +18c, NG $2.69 -1c Oil Price It's a bit of a see-saw life in the oil market at the moment with traders having to be on their toes even more than usual. Yesterday crude oil rallied sharply as it was tariff war off and Syria war back on which ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceZenith EnergyHurricane Energy +4

Faroe Petroleum: Approval of Plan for Development and Operation of Fenja Field

Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that the Norwegian Minister of Petroleum and Energy has approved the plan for the development and operation (‘PDO') of the Fe ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Faroe PetroleumFenja FieldOil +3

Faroe Petroleum: Fogelberg Appraisal Well Update

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to provide an update with preliminary results of the Fogelberg appraisal well in the Norwegian Sea (Faroe 15% 1 ). Highlights Successf ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Faroe PetroleumwellFogelberg +4

Oil Price, Faroe, Ascent Resources, and Finally…

WTI $63.37 -14c, Brent $68.02 -10c, Diff -$4.65 +4c, NG $2.72 +2c Oil Price The weakness I mentioned yesterday at the start was abruptly turned around by a good set of EIA inventory stats. The draw of 4.62m barrels was better than expected by a margin and having been a buck 50 down crude reco ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceFaroe PetroleumAscent Resources +3

DNO Acquires Additional Shares in Faroe Petroleum

5 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has acquired 8,487,838 shares in Faroe Petroleum plc at a price of GBP 1.25 per share representing 2.32 percent of the outstanding shares in Faroe Petroleum. This follows the separate completion on 4 April 2018 of ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNOFaroe PetroleumShares +1

DNO - Rule 2.8 Statement: No Intention to Bid Statement

Oslo, 4 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it does not intend to make an offer for Faroe Petroleum plc. This is a statement to which Rule 2.8 of the Takeover Code (the "Code") applies. Under Note 2 of Rule 2.8 of the Code, DNO reserves the right t ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNONorwayTaekover +3

Oil Price, Amerisur, Faroe, and Finally…

WTI $63.51 +50c, Brent $68.12 +48c, Diff-$4.61 -2c, NG $2.70 +2c Oil Price A modest bounce yesterday with the Russian Oil Minister suggesting that they will discuss long term cooperation at the upcoming ministerial talks. Equities bounced which took commodities with them and Bloomberg announc ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > MalcyMalcy'sMalcy's Blog +5

Faroe Petroleum: Significant Gas/Condensate Discoveries in Hades and Iris Prospects, Norway

Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea. ...

OilVoice Press - OilVoice


Posted 1 month agoPress > NorwayOffshoreHades +6

DNO Announces Acquisition of Minority Shareholding in Faroe Petroleum

Oslo, 4 April 2018 - DNO ASA, the Norwegian oil and gas operator, today announced that it has agreed to acquire 15.37 percent of the share capital of Faroe Petroleum plc from Delek Group Ltd. The acquisition covers all Faroe Petroleum ordinary shares held by Delek, totaling 56,355,825, at a pri ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNOFaroe PetroleumNorway +4

Faroe Petroleum: Final Results for the Year Ended 31 December 2017

20 March 2018 Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces its audited results for the year ended 31 December 2017. Highlights Exploration and appraisal – significant Brasse resou ...

OilVoice Press - OilVoice


Posted 2 months agoPress > United KingdomUKFaroe Petroleum +4

Oil Price, Hurricane, Genel, Faroe, Link and Finally…

WTI $59.19 -10c, Brent $62.72+13c, Diff -$3.53 +23c, NG $2.59 +4c Oil Price If only the Vampire squids had known how their 2018 oil price forecasts would have affected the market they might have been able to make a good trade out of it and resurrect their awful commodity trading performance, ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > oil priceMalcyMalcy's +4