Corallian


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Co`ral´li`an


n.1.(Geol.) A deposit of coralliferous limestone forming a portion of the middle division of the oölite; - called also coral-rag.
Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
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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 Energy
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.
Corallian 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.