Oil and gas roundup

AIM-listed investment firm Cluff Natural Resources (CLNR) revealed an estimated gas in place on Licence P2248 in the range of 760 billion cubic feet (BCF) to 7.2 trillion cubic feet (TCF).

Prospective resources on P2248 were estimated in the range of 480 BCF to 4.75 TCF.


Highland Natural Resources (HNR) concluded preliminary analysis on data collected over a three week period following the completion of testing campaigns for DT Ultravert in the Piceance Basin, Colorado.

The analysis suggested it was a solution for protecting existing wells from damage and enhancing well productivity by facilitating the re-fracking of horizontal wells.


Gulfsands Petroleum (GPX) signed a farmout agreement relating to the Colombian, Putumayo-14 Exploration and Production of Hydrocarbons Contract No 2 of 2013(PUT-14 contract).

The agreement was sealed with Samarium Energy & Resources, a subsidiary of Samarium Tennessine and Samarium Investment, acting as guarantor.


Prospex Oil and Gas (PXOG) said approval was received from the Ministry of Environment to drill the Boleslaw-1 well in the Kolo licence, onshore Poland.

The company said Boleslaw-1 targets gas in an active petroleum system and remains on track to be drilled in the last quarter of this year.


MX Oil (MXO) said the holder of its investment in OML 113, PR Oil and Gas, received $1.2m from the sale of the first production of oil from the Aje Field, which is part of OML 113.


Range Resources (RRL) said oil production for the quarter to 30 September was 40,888 barrels of oil.

During September, the company experienced an increase in production due to a development drilling programme and workovers.

At 3:19pm:

(LON:AUR) Aurum Mining PLC share price was 0p at 2.58p

(LON:BOR) Borders Southern Petroleum PLC share price was +0.21p at 2.11p

(LON:CHAR) Chariot Oil Gas Ltd share price was +0.12p at 8.8p

(LON:ENQ) EnQuest Plc share price was +1.63p at 31.63p

(LON:GKP) Gulf Keystone Petroleum share price was +0.03p at 1.36p

(LON:GPX) Gulfsands Petroleum PLC share price was +0.13p at 3p

(LON:INDI) Indus Gas Ltd share price was -3.37p at 485.13p

(LON:PET) Petrel Resources PLC share price was -0.38p at 6.25p

(LON:RKH) Rockhopper Exploration PLC share price was 0p at 27.75p

(LON:RPT) Regal Petroleum PLC share price was 0p at 3.75p

(LON:XEL) Xcite Energy Ltd share price was -0.07p at 1.61p