UNCONVENTIONAL

Sun seeking own destiny

DESPITE a share price at record lows, and continued downward pressure on oil prices which are threatening the viability of unconventional oil and gas projects in the US, Sun Resources is rattling the tin so it can redouble its efforts on its flagship Normangee oil project in the Woodbine play, Texas and "resolve issues" with its partner Amerril Energy.

Sun seeking own destiny

Work has been stymied over the few months by issues with its Chinese-controlled partner, and Sun has decided the best way forward is to dissolve the pair's Area of Mutual Interest agreement, divest some...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.