Reach Exploration Company News

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Faroe Petroleum Cross-Assigns 2 UK Central North Sea Licenses
Faroe Petroleum announced the cross-assignment of two UK Central North Sea licenses. By means of cross assignment, the parties to License P.1459 (Block 13/24d) and License P.1404 (Block 13/25a formerly West Halibut) equalized their interests in each.
8:00 PM EST | August 04, 2008
Granby and Petro-Canada Agree to Cross Assignment in UKCS Quad 13
Granby and its co-venturers in UKCS License P.1404 Block 13/25 have completed an assignment with Petro-Canada UK and Reach Exploration, licensees of the adjacent License P.1459 Block 13/24d, to cross assign interests in the two licenses.
7:00 PM EST | February 05, 2008
Reach Sells Part of UKCS Portfolio
Reach Exploration has entered a deal with First Oil Expro Limited to sell, for an undisclosed consideration, interests in several of its UK North Sea blocks.
8:00 PM EST | April 24, 2007
Caithness Signs UK North Sea Farm-in with Reach
Caithness Petroleum Limited has signed a farm-in agreement with its partner in the UK North Sea.
7:00 PM EST | February 19, 2007
Reach Exploration Awarded 16 Blocks In UK Licensing Round
Reach Exploration has been offered 16 Blocks with a total area of approximately 2400 square kilometers. These awards see Reach committing to a 5 well drilling program over the next few years. This is in addition to the 3 wells that Reach will be drilling later in 2005.
8:00 PM EST | September 08, 2005
Reach Exploration Wins Six Blocks in 22nd UK Licensing Round
Reach Exploration and Endeavour Energy UK Limited have been jointly awarded a Traditional Production License and two Promote Licenses covering four blocks in the producing areas of the North Sea.
8:00 PM EST | September 14, 2004
Reach Exploration to License WesternGeco North Sea 3D Data
WesternGeco inked a deal with Reach Exploration to license 3D data over UK Block 13/27a in the North Sea.
8:00 PM EST | October 14, 2003