Lochard Subsidiary Enters Farm-Out Agreement with PGS

Lochard Energy Group announced that its 100%-owned subsidiary, Zeus Petroleum Limited has signed a farm-out contract with Petroleum Geo-Services to assign a 40% stake in six North Sea Blocks 16/8c, 3/5, 3/10c, 9/17b, 9/22b and 14/17.

In return for the exchange, the company will have access to 3D seismic data and associated seismic evaluation and engineering expertise over these blocks. The agreement is subject to certain conditions and UK governmental approval. 

continue reading the full article


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Project Manager, USA
Expertise: Project Management
Location: United States
Financial Analyst - Finance and Investor Relations
Expertise: Accounting|Financial Analyst|Legal
Location: Dallas, TX
Regional Project Controls Supervisor Job
Expertise: Project Controls|Project Management
Location: Amarillo, TX
search for more jobs

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours