Arenite Petroleum Limited, a privately-owned gas exploration company, has completed the re-assignment, in accordance with an existing commercial arrangement, to acquire a further 10% equity from joint venture partners Europa Oil and Gas Limited in Cleveland Basin licence PEDL343 in North Yorkshire. In addition to…
Arenite Petroleum Limited is delighted to announce that it has provisionally been awarded a new licence covering two onshore blocks in the UK 14th Onshore Licensing Round, as announced by the Energy Minister on 17th December 2015. The new licence is located in North Yorkshire…
On 27 July 2015 the Oil and Gas Authority announced the conditional award of a Promote Licence over Block 41/24 in the Cleveland Basin to a joint venture comprising Arenite Petroleum Limited (50%) and Europa Oil & Gas Limited (50%). The Licence has been awarded…
Arenite Petroleum Limited submitted a bid including a firm well commitment on the 25th October 2014 for two 14th Onshore Licence Round blocks. The 14th Round licence awards are expected in 2H 2015. Arenite joined forces with an established UK E&P exploration and production operator…
Arenite was provisionally offered 4 (four) blocks offshore Kent and 2 (two) blocks offshore Northumberland in the 28th UKCS Offshore Licensing Round announced on 06 November 2014. The offshore Kent acreage consists of blocks 56/22, 56/23, 56/27 & 56/28 applied for by Arenite Petroleum Limited…
