Active players include newcomers Talon Petroleum and Corallian
Energy, and we are also seeing larger companies such as CalEnergy Resources, INEOS, Equinor and Shell increasing their positions.
In 2018, Tiger made investments in Bezant Resources PLC, Corallian
Energy Ltd, Block Energy PLC and Royal Dutch Shell PLC.
M2 EQUITYBITES-March 9, 2018-Reabold Resources Increases Investment in UK-Based Corallian
Target: 40% of planned Corallian
interest in licenses that include the Colter prospect
This will enable Europa to drill the conventional Holmwood prospect, which has estimated gross mean unrisked prospective resources of 5.6 million barrels of oil (mmbo) in Portlandian and Corallian
sandstones and a P90 -- P10 range of resources of 1 to 11mmbo, in late 2016 / H1 2017, subject to funding.
(Upper Jurassic) marine benthic associations from England and Normandy.
Energy has added another 10 million barrels of oil equivalent to its North Sea portfolio thanks to a new deal.
The licence, covering an area of 91.8 km2, contains the Holmwood prospect, which provides a near -term opportunity to test Kimmeridge, Portland and Corallian
reservoir targets lying within a look-alike geological feature to both the company's Horse Hill-1 oil discovery, located some 8.5 km to the east, and the Broadford Bridge-1 and 1z discovery located some 24 km to the south.
ENGLISH CHANNEL With the completion of Corallian
's Colter appraisal well 98/11a-6Z in March there is no current drilling in the English Channel.