Scandoil  

Independent Oil and Gas completes Skipper acquisition


Published Dec 23, 2015
Independent Oil and Gas plc

Independent Oil and Gas plc has confirmed the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG now owns 100% of the licence and is the licence operator.

As previously announced a consideration of $3m will be payable at Field Development Plan approval stage and a further $15m will be payable shortly after first oil.

Mark Routh, CEO of IOG commented,'We are delighted to have completed this material acquisition. We anticipate the commencement of drilling at the end of January or early February 2016 and look forward to making further announcements in due course.'

Tags: Independent Oil and Gas plc




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml