* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, September 25, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Agentic AI and the future of work: navigating technological promise and the risk of increased automation – Equal Times

    Agentic AI and the Future of Work: Embracing Innovation While Navigating Automation Challenges

    Technology alliance introduces system for stable recycling quality – RECYCLING magazine

    Innovative Technology Alliance Unveils Breakthrough System for Consistent Recycling Quality

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

    Fox News Entertainment Newsletter: Kate Middleton stuns during Trump state visit, Brett James dead at 57 – Fox News

    Kate Middleton Stuns During Trump State Visit; Remembering Brett James at 57

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Meta to expand Montgomery data hub, pushing total investment to $1.5 billion – Alabama Department of Commerce

    Meta to Supercharge Montgomery Data Hub with $1.5 Billion Investment

    Agentic AI and the future of work: navigating technological promise and the risk of increased automation – Equal Times

    Agentic AI and the Future of Work: Embracing Innovation While Navigating Automation Challenges

    Technology alliance introduces system for stable recycling quality – RECYCLING magazine

    Innovative Technology Alliance Unveils Breakthrough System for Consistent Recycling Quality

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’

December 27, 2023
in News
UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’
Share on FacebookShare on Twitter

Home Fossil Energy UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’

UK-headquartered Europa Oil & Gas has entered into a license offshore Equatorial Guinea with the acquisition of an equity interest in Antler Global.

Source: Europa Oil & Gas

Europa Oil & Gas has acquired a 42.9% equity interest in Antler Global which holds an 80% working interest in the recently acquired and highly prospective EG-08 production sharing contract (PSC) offshore Equatorial Guinea, with the national oil company Guinea Ecuatorialde Petroleos (GEPetrol) holding the remaining 20%.

The UK-headquartered oil and gas player said that this subscription adds an additional geographical location to its existing portfolio of assets and one which the board believes has enormous near-term, infrastructure-led, near-field exploration potential.

“We are very excited about this potentially transformational deal for Europa, which adds another high impact exploration prospect to our portfolio and ties with our strategic approach to replenishing the portfolio with potentially high impact but relatively low risk prospects,” said Will Holland, Chief Executive Officer of Europa Oil & Gas.

“Equatorial Guinea is an enormous opportunity for us and provides us with near-term drilling activity targeting over 1 TCFE of recoverable resource in an area with a well-developed upstream industry and a highly supportive government. I am also pleased to report that we have solid support from many of our institutional investors for this acquisition.”

The subscription monies received by Antler will fund the first-year work program costs, including the acquisition of existing 3D seismic data, which will be reprocessed alongside preparations to drill, whilst ensuring all financial obligations under the EG-08 PSC with the Republic of Equatorial Guinea and GEPetrol are met.

The EG-08 license has a first exploration period of four years with a drill or drop deadline after two years.

While the initial two-year term of the license does not require the drilling of a well, the company believes it already has drill-ready prospects, which consist of three independent targets, with estimated total prospective resources of 1.4 trillion cubic feet of gas equivalent (TCFE).

Antler will commence a farm-down process with a view to bringing in a partner for drilling. The resource prospectivity of EG-08 has only been examined at one stratigraphic horizon, which is analogous to discoveries made in the adjoining block operated by Chevron. However, further prospectivity exists in multiple horizons and these are yet to be evaluated, Europa Oil & Gas reported.

Under the terms of the subscription, Europa Oil & Gas shall pay Antler an aggregate consideration of $3 million, payable in four installments, with the first being shortly following entering into the subscription agreement and the final in October 2024.

In addition, the two companies and their founding shareholders have entered into a shareholder agreement with customary protections and restrictions, including that each of Europa and Antler’s founding shareholders shall have the right to appoint one director to the board of Antler, all decisions made by the board of Antler must be unanimous, and an agreement that all oil and gas assets in Equatorial Guinea are covered by area of mutual interest (AMI) provisions.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : OffshoreEnergy – https://www.offshore-energy.biz/uk-oil-gas-firm-buys-into-license-off-equatorial-guinea-in-potentially-transformational-deal/

Tags: Equatoriallicensenews
Previous Post

Brazil joins Clean Energy Marine Hubs Initiative

Next Post

MSC containership attacked in Red Sea amid liners’ gradual return to strategic waters

Hegseth summons hundreds of top military brass from around the world for mysterious Virginia meeting – AL.com

Hegseth summons hundreds of top military brass from around the world for mysterious Virginia meeting – AL.com

September 25, 2025
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth – News4JAX

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth – News4JAX

September 25, 2025
‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

September 25, 2025
Private health insurers use AI to approve or deny care. Soon Medicare will, too. – NBC News

Private health insurers use AI to approve or deny care. Soon Medicare will, too. – NBC News

September 25, 2025
Opinion | We Need to Think Straight About God and Politics – The New York Times

Redefining the Connection Between Faith and Politics

September 25, 2025
Coyotes Hunt Harbor Seal Pups on the California Coast – Gerraty – 2025 – Ecology – ESA Journals

Coastal Coyotes’ Unexpected Hunt: The Battle for Harbor Seal Pups

September 25, 2025

Uncovering the Hidden Risks of Suicide Among Older Men: Pathways to a Safer Future

September 25, 2025
Science Hill High School’s Feed the Hungry Club lends a hand to the community – WJHL

Science Hill High School’s Feed the Hungry Club Makes a Big Impact in the Community

September 25, 2025
Jam Wars: How the Beckhams Quietly Outshined Meghan Markle’s Lifestyle Ambitions – vocal.media

Jam Wars: How the Beckhams Quietly Outshined Meghan Markle’s Lifestyle Aspirations

September 25, 2025
What are we really gaining from technology? – Fast Company

What Are We Really Gaining from Technology?

September 25, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (836)
  • Economy (857)
  • Entertainment (21,733)
  • General (17,237)
  • Health (9,900)
  • Lifestyle (869)
  • News (22,149)
  • People (859)
  • Politics (867)
  • Science (16,066)
  • Sports (21,356)
  • Technology (15,839)
  • World (840)

Recent News

Hegseth summons hundreds of top military brass from around the world for mysterious Virginia meeting – AL.com

Hegseth summons hundreds of top military brass from around the world for mysterious Virginia meeting – AL.com

September 25, 2025
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth – News4JAX

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth – News4JAX

September 25, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version