Lochard Energy Group PLC

Type: Company
Name: Lochard Energy Group PLC
First reported Oct 06 2014 - Updated Oct 06 2014 - 1 reports

Aberdeen Oil And Gas Firm Makes New Discovery

Aberdeen oil and gas explorer Parkmead Group announced a new discovery.  It said it had found a new gas field in the Netherlands which it expects will feed into existing production infrastructure in the area.The Diever-2 exploration well is in the Diever ... [Published ROVworld - Oct 06 2014]


...and operating cash flows and that it is in line with the company's strategy to become a key exploration and production player in the North Sea. "This is Parkmead's most important deal to date. Increasing our oil production three-fold from the Athena field will deliver major growth in the company's revenue and cashflow" said Tom Cross. The deal is expected to strengthen the company as it was awarded 30 blocks spanning eight areas in the UK's latest licensing round...

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Aberdeen Oil And Gas Firm Makes New Discovery [Published ROVworld - Oct 06 2014]
Parkmead to acquire further stake in Athena oil... [Published Topnews.in - Dec 31 2013]
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