Valiant Petroleum Company News

Recent Articles

Results 50 articles shown

Valiant Farms out Handcross Prospect
Valiant farms out 20 percent of its Handcross project in the North Sea to RWE Dea.
8:00 PM EST | March 27, 2013
Valiant Farms out Isabella Prospect to Maersk
Valiant Petroleum signs deal to farm-out three-fifths of its holding in the North Sea?s Isabella prospect to Maersk Oil North Sea UK.
7:00 PM EST | March 07, 2013
Ithaca Makes Takeover Offer for Valiant Petroleum
Ithaca Energy announces a $309 million recommended offer for Valiant Petroleum that will see the establishment of the company as an independent North Sea oil and gas operator.
7:00 PM EST | February 28, 2013
Transocean Rig Arrives to Complete Timon Well
Valiant Petroleum reports that Transocean John Shaw rig has arrived to finish drilling the Timon prospect in the UK North Sea.
7:00 PM EST | January 24, 2013
Iceland Launches Hydrocarbons Drive With First E&P Permits
Iceland has issued its first licenses for O&G exploration and production as the island nation continues to rebuild an economy that was hit hard by the global financial crisis.
7:00 PM EST | January 03, 2013
MBO or No Bid At All Most Likely for Valiant
Westhouse Securities believes the chance of an outright sale of North Sea-focused Valiant stands at 20 percent.
7:00 PM EST | December 05, 2012
Faroe, Valiant, Petoro Awarded Icelandic Blocks
Iceland awards licenses to Faroe Petroleum, Valiant Petroleum and Norwegian state oil company Petoro for the Dreki Area, northeast of the country.
7:00 PM EST | December 03, 2012
27th UK Licensing Round: Firms Release Details of Offers
Several junior oil explorers released details of offers they have received as part of the 27th UK Offshore Licensing Round.
8:00 PM EST | October 25, 2012
Valiant Petroleum Puts Itself Up for Sale
Valiant Petroleum embarks on 'formal sale process' as part of a strategic review.
8:00 PM EST | September 05, 2012
DECC Approves Fionn Field Development Plan
Antrim Energy says first oil from North Sea's Fionn Field is expected in mid-2013.
8:00 PM EST | August 20, 2012
Tryfan Well Deemed 'Sub-Commercial'
Valiant Petroleum plc announced that drilling has completed on the Tryfan prospect located in UK Block 3/17.
8:00 PM EST | June 24, 2012
Apache Spuds Tryfan Well
Apache commences drilling at the Tryfan prospect (Valiant, 33.33%) located in UK Block 3/17.
8:00 PM EST | June 12, 2012
North Sea Tybalt Well Disappoints
Cairn and Valiant unable to demonstrate presence of mobile hydrocarbons.
8:00 PM EST | May 27, 2012
Norwegian Govts OKs Valiant, Rocksource Asset Transaction
The Norwegian Ministry of Petroleum and Energy has approved the Rocksource asset transaction with Valiant Petroleum.
8:00 PM EST | May 22, 2012
Semisub Arrives at Valiant's Timon Prospect
Valiant announced that the WilHunter drilling rig has arrived on location to drill the Timon prospect located in the UK Northern North Sea in Blocks 211/11b and 211/16b.
8:00 PM EST | May 03, 2012
TD Reached at Valiant's Orchid Prospect
Summit Petroleum's well on the Orchid exploration prospect, located on Block 29/1c in the UK Central North Sea, has reached a total depth.
8:00 PM EST | May 02, 2012
Valiant Cladhan South Well Comes Up Dry
North Sea-focused Valiant is pressing on with two other North Sea wells where results are expected in late April after drilling a duster at the Cladhan South prospect.
8:00 PM EST | April 11, 2012
Valiant Secures Rig Slot for Handcross Well
Valiant has entered into a contract to secure a firm rig slot on the Stena Carron to drill the Handcross prospect located in UK Blocks 204/18b West of Shetlands.
8:00 PM EST | April 04, 2012
Valiant Spuds Tybalt Appraisal Well
Valiant Petroleum plc announced that drilling has commenced on the Tybalt appraisal well located in Blocks 211/8c & 13c in the UK Northern North Sea.
8:00 PM EST | March 26, 2012
Rocksource Sells Stake in Norvarg Discovery
Rocksource has signed a strategic asset transaction with Valiant Petroleum Norge AS (Valiant).
8:00 PM EST | March 18, 2012
Summit Petroleum to Begin Drilling Orchid Well
Valiant Petroleum plc announced that well operations have commenced on the Orchid exploration prospect, located in Block 29/1c the UK Central North Sea, with spud anticipated in the next few days.
7:00 PM EST | March 07, 2012
Antrim Pens Subsea Installation Agreement with Valiant at N. Sea Block
Antrim Energy Inc. has signed an agreement with Valiant Petroleum plc to proceed with early installation of subsea facilities for the development of the Fionn Field in the UK Northern North Sea block.
7:00 PM EST | January 22, 2012
UK Firms Faroe and Valiant Bag 8 Licenses in Norway
Faroe will be operator on three of seven licenses, while Valiant is operator and 50-percent owner of one license.
7:00 PM EST | January 17, 2012
Valiant Preps for 'Most Active Year' with 6 Exploration Wells
"Operationally, 2012 is set to be the most active year in Valiant's history with up to 6 exploration wells drilling, two development wells on the Don Fields and production from the Company's first operated development, Causeway," said Peter Buchanan.
7:00 PM EST | January 09, 2012
DONG Wraps Up Drilling Ops at Zapffe Prospect
Valiant announced that drilling operations have completed on the Zapffe exploration prospect, located in PL518 in the Norwegian Barents Sea.
7:00 PM EST | November 17, 2011
DONG Spuds Zapffe Well in Barents Sea
Drilling operations have commenced on the Zapffe exploration prospect (Valiant, 10%), located in PL518 in the Norwegian Barents Sea.
8:00 PM EST | October 16, 2011
Valiant Welcomes New Non-Exec Director
Valiant announced that Jannik Lindbaek has joined Valiant's Board as a non-executive director as of September 22, 2011.
8:00 PM EST | September 22, 2011
GE Bags Causeway Development Deal
GE announced at Offshore Europe 2011 that it will provide subsea production equipment to Valiant for the development of the Causeway Field.
8:00 PM EST | September 05, 2011
OMV Makes Gas Discovery in Norwegian Sea
Well 6407/5-2S has made a small gas discovery in the secondary Cortina target having encountered a gross gas column of about 40 meters.
8:00 PM EST | August 30, 2011
Antrim, Valiant Finalize Causeway Sale
Antrim and Valiant have agreed to the early completion of the Sale and Purchase Agreement of Antrim Causeway, subject to the approval of the UK Department of Energy and Climate Change.
8:00 PM EST | August 09, 2011
OMV Spuds Well in Norwegian Sea
Valiant announced that drilling has commenced on its first Norwegian exploration well, 6407/5-2S, on PL471 located in the Norwegian Sea.
8:00 PM EST | July 28, 2011
Valiant Finalizes Sagex Deal, Reports Drilling Date for License P471
Valiant reported an update on its takeover bid for Sagex. It also announced that drilling operations on License P471 are expected to commence by early August.
8:00 PM EST | June 16, 2011
Valiant to Take Stake in Orchid Prospect
Valiant has reached an agreement to acquire a 30% stake in Block 29/1c containing the Orchid prospect from Summit.
8:00 PM EST | April 03, 2011
Valiant Farms-Out Cladhan Stake in North Sea
Valiant has reached a series of agreements to farm-down and swap part of its 100% holding in blocks 210/29c and 210/30b which contain the Cladhan South prospects.
7:00 PM EST | March 07, 2011
Valiant Appoints New COO
Valiant announced the appointment of Mr. Paul James Mann, 57, as Chief Operating Officer and an Executive Director of the Company.
7:00 PM EST | February 20, 2011
Valiant 2011 Drilling Campaign Off to Bold Start
Valiant has encountered hydrocarbons indicating a gross recoverable accumulation of 5-7 million barrels of oil at Don Field.
7:00 PM EST | January 20, 2011
Valiant Delivers 'Strong' Production Results for 2010
Valiant provided the following update with regard to its operations during the second half of 2010 and forward work program for 2011 and beyond.
7:00 PM EST | November 30, 2010
Valiant Drills Duster in North Sea
Valiant announced that its operated Viola North exploration well will be plugged and abandoned as a dry hole.
8:00 PM EST | October 25, 2010
Valiant Spuds Viola North Well
The ENSCO 100 has spud Valiant's Viola North exploration well located in the UK North Sea.
8:00 PM EST | August 30, 2010
Valiant Tests 4MMscf/d at Tybalt Well
Valiant reported the second Tybalt exploration well (211/8c-4Z) has been successfully tested
8:00 PM EST | June 16, 2010
Valiant Strikes Oil at West Tybalt
Valiant announced that its planned side-track has discovered light oil in the West Tybalt prospect.
8:00 PM EST | May 31, 2010
Valiant Commences Phase II of Don Development
Valiant announced that the John Shaw semi-submersible rig has begun drilling operations on the Don Southwest (Valiant, 40.0%) as part of the second phase of field development.
8:00 PM EST | May 19, 2010
Valiant Hits Hydrocarbons in North Sea
Valiant has discovered hydrocarbons in the targeted Upper Magnus Sand Formation at its operated Tybalt exploration well 211/8c-4 (License P1632).
8:00 PM EST | May 09, 2010
Valiant Spuds Tybalt in UK North Sea
Valiant has commenced drilling operations on its Tybalt exploration well (License P1632, Blocks 211/8c and 211/13c).
8:00 PM EST | April 12, 2010
Valiant Waves Goodbye to Finance Director
Valiant announced that Mr. Steven Edgley, currently Finance Director, has informed the Group of his intention to step down from his position to pursue another opportunity.
8:00 PM EST | March 31, 2010
Valiant Farms-Out UK North Sea Interests
Apache will pay 75% of the well costs for a 50% stake in Valiant's Viola prospect. Additionally, Valiant's well costs will be partially carried by Agora O&G for a 20% stake in the Tybalt prospect.
8:00 PM EST | March 30, 2010
Valiant Finishes 2009 in 'Strong Financial Position'
2009 was a transformational year for Valiant following the commencement of production from the West Don and Don Southwest fields located in the Northern North Sea.
8:00 PM EST | March 30, 2010
Valiant to Take Reins at Causeway Field in UK Acquisition
Valiant has signed a Conditional Letter Agreement to acquire Antrim Causeway which also designates Valiant as the new operator in the offshore Causeway field.
7:00 PM EST | March 03, 2010
Don Fields to Restart Production Shortly from Thistle Platform
Production from the Don fields is anticipated to restart shortly following commissioning of the permanent pipeline export route via the nearby Thistle platform.
7:00 PM EST | March 01, 2010
Ocean Nomad to Arrive at UK North Sea Prospect in April
Valiant's 2010 exploration program is anticipated to begin shortly with the Ocean Nomad semisub slated to arrive at the Tybalt prospect in April.
7:00 PM EST | March 01, 2010