Production from the single well on the Edradour gas field west of Shetland is suspended due to facilities constraints in the Greater Laggan Area relating to MEG management.
Kistos has won its appeal against the Netherlands Ministry of Economic Affairs’ decision not to extend the term of the company’s M10/M11 license in the North Sea.
Serica rejected the Kistos offer on the basis that the board believed it significantly undervalued Serica and its prospects and was not in the best interests of shareholders or...