Faroe Petroleum declares results of technical report Jan 7, 2016Faroe Petroleum declares the independent technical report by Senergy (GB) Limited. LR Senergy have completed their independent technical report on
Faroe Petroleum update on Brasse rig contract Dec 18, 2015Faroe Petroleum is pleased to announce the award of a rig contract for the drilling of the Faroe-operated, Brasse exploration well in the Norwegian North Sea (Faroe 50%) and the
Faroe Petroleum completes acquisition of interests in UK Blane and Enoch fields Nov 9, 2015Faroe Petroleum has completed the previously announced acquisition of Roc Oil (GB Holdings) Limited, which holds a 12.5006% interest in the Blane Unit in the UK North Sea and a 12.00% interest in the Enoch Unit in the UK North Sea.
Post-Acquisition Faroe will hold in aggregate a 30.5047% non-operated interest in the Blane Unit (Pre-Acquisition interest 18.0041%) and a 13.86% non-operated interest
Faroe Petroleum provides operational update Nov 4, 2015Faroe Petroleum is pleased to provide an operational update following completion of its 2015 drilling campaign as follows:Production is continuing to perform above
Faroe Petroleum declares Blink well is dry Nov 4, 2015Faroe Petroleum announces the results of the Blink exploration well in the Norwegian Sea (Faroe 25%). The objective of well 6406/12-5 S was to test the
Faroe commences drilling Blink exploration well in the Norwegian Sea Sep 24, 2015Faroe Petroleum has commenced the second Pil/Bue follow-up well with the spudding of exploration well 6406/12-5 S (Faroe 25%) on the Blink prospect.The Blink prospect is located in the Norwegian Sea in Licence PL586, which also contains the significant Pil and Bue discoveries (announced in 2014). The licence is located in proximity to the producing Njord field (Faroe 7.5%).
Faroe Petroleum announces results of Boomerang well Sep 18, 2015Faroe Petroleum is pleased to announce an oil discovery in the main bore of the Boomerang exploration well (Faroe 25%).
Faroe Petroleum finds Portrush exploration well dry Sep 14, 2015Faroe Petroleum announces the results of the Portrush exploration well 6407/10-5 (Faroe 20%). The objective section in the Upper Jurassic reservoir rocks
Faroe Petroleum to increase interest in Blane field, UK Sep 2, 2015Faroe Petroleum is pleased to announce the conditional acquisition of Roc Oil (GB Holdings) Limited, which holds a 12.5006% interest
Faroe Petroleum commences drilling programme Jun 25, 2015Faroe Petroleum is pleased to provide an operational update as follows: drilling operations have commenced on the follow-up drilling programme to the significant Pil/Bue 2014 discoveries in the
Faroe encounters no hydrocarbons in Bister exploration well May 20, 2015Faroe Petroleum says that drilling has reached target depth on the Statoil operated Bister exploration well in the Norwegian Sea (Faroe 7.5%).
Faroe Petroleum spuds Bister exploration well Apr 29, 2015Faroe Petroleum spuds the Bister exploration well 6407/8-7 (Faroe 7.5%). The Bister prospect is located in the Norwegian Sea in Licence PL 348/C, which also contains the producing Hyme field
Faroe Petroleum makes minor discovery at Skirne East exploration well Apr 13, 2015Faroe Petroleum announce the results of the Skirne East exploration well (Faroe 20%) in Norway.
The Total E&P Norge AS operated Skirne East exploration well 25/6-5S,
Faroe Petroleum spuds Shango exploration well 25/6-5S Mar 17, 2015Faroe Petroleum spuds the Shango exploration well 25/6-5S (Faroe 20%). The Shango prospect in Licence PL 627 (named Skirne
Faroe Petroleum awarded five new licenses on the Norwegian Continental Shelf Jan 22, 2015Faroe Petroleum has been awarded five new prospective exploration licences, including one operatorship, under the 2014