Nautical Petroleum

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Latest Nautical Petroleum News

Nautical Petroleum announce commencement of drilling on Carnaby Well
  • Nautical Petroleum plc (LSE: NPE) announces that the Carnaby exploration well 28/9-5 in Central North Sea Block 28/9 was spudded at 05:45 hours on Friday 11 May 2012.
Friday, May 11, 2012

Nautical Petroleum: Kraken resources re-classified as reserves
  • GCA has reviewed those criteria with Nautical and based on its analysis, including an assessment of the future economics of the project, GCA believes that Reserves may be assigned.
Monday, March 26, 2012

FoxDavies Daily Monitor - Xcite Energy, Argos Resources and Trap Oil
Argos Resources (ARG LN, 17.5p, ▲ 1.45%) - Let's get ready to rumble!: Argos has announced its 2011 results, outlining the operational progress that it has made in the last 12 months (to Dec
Monday, March 19, 2012

Nautical Petroleum announce interim results for the six month period ended 31 December 2011
  • Independent Resource Opinion confirms Kraken Heimdal III resources of 160 mmbo (gross), 83 mmbo net to Nautical.
  • Kraken 9/02b-5z horizontal appraisal well tested at 4,550 bopd.
  • Large 3D seismic survey shot over Kraken, Ketos and surrounding blocks.
Monday, March 19, 2012

FoxDavies Daily Monitor - Max Petroleum, Chariot Oil & Gas and Range Resources
Borders & Southern Petroleum (BOR LN, 64.75p, ▼ 4.4%) - Darwin East's Evolution Delayed: The Company has stated that operations are on-going and the drilling of the well 61/17-1 has gone acc
Friday, March 16, 2012

Nautical Petroleum announce Kraken partial sale completion
  • Nautical will receive a carry on its future expenditure on the Kraken field of up to $240 million, comprising a $150 million firm carry and a contingent carry of up to $90 million.
Friday, March 16, 2012

EnQuest completes acquisition of 25% of Kraken Discovery
EnQuest PLC announces that it has completed the acquisition of 25% of the Kraken discovery, together with interests in the surrounding exploration acreage, from Nautical Petroleum plc. This agreement
Friday, March 16, 2012

FoxDavies Daily Monitor - Gulf Keystone, Petroceltic International and President Petroleum
Oil Markets: Geopolitical tensions to keep oil prices high, despite slowing demand and growing supply. It would appear that the US is taking up Iran's game of brinksmanship with Congress set to pa
Friday, February 03, 2012

Nautical Petroleum plc acquisition of 25% Interest in North Sea Block 3/27a
  • Nautical Petroleum announces it has entered into an agreement with First Oil Expro Limited to acquire a 25% interest in UK Petroleum Exploration and Development Licence P1756, North Sea Block 3/27a, which contains the Hydra prospect.
Thursday, February 02, 2012

Nautical Petroleum announces sale of 25% of Kraken to EnQuest PLC for carry of up to $240 million
  • Nautical Petroleum announce that it has agreed with EnQuest to divest a 25% interest in United Kingdom Petroleum Production Licence P1077, North Sea Blocks 9/2b & 9/2c, which contain the Kraken discovery.
Wednesday, January 25, 2012

Nautical Petroleum Who's Who

Stephen Jenkins
Chief Executive Officer
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Hemant Thanawala
Finance Director and member of the Masefield Group Executive Committee
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Paul Jennings
Commercial Director
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Philip Dimmock
Non Executive Director
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William Mathers
Chief Financial Officer
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Nautical Petroleum Offices

United Kingdom
Head Office
Corporate Head Office
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