Agora O&G Ups Interests in Tybalt

Valiant Petroleum announced Tuesday it signed a Farm Out Agreement with Agora Oil and Gas (UK) Limited in respect of the Tybalt appraisal well, located in Blocks 211/8c & 13c in the UK Northern North Sea.

Agora increases its interest in Tybalt to 40 percent in return for a partial cost carry. Valiant will remain operator with a 60 percent interest.

The Tybalt well is currently drilling ahead with the Borgsten Dolphin semi-submersible rig, with results anticipated in May.

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Assistant Plant Operations Manager
Expertise: Logistics Management|Operations Management|Project Management
Location: Los Angeles, CA
 
Rental Coordinator
Expertise: Asset Management|Customer Service
Location: Beeville, TX
 
Specialist V - Junior Project Specialist
Expertise: Project Management
Location: Pearland, TX
 
search for more jobs

Brent Crude Oil : $47.56/BBL 10.24%
Light Crude Oil : $42.56/BBL 10.25%
Natural Gas : $2.63/MMBtu 2.23%
Updated in last 24 hours