EUROPE

Liberation a step closer

FORMER Santos CEO David Knox’s UK-based i3 Energy has made new steps in its Liberator North Sea development, updating the reserves and ordering two subsea trees and wellheads for delivery in May and August next year bringing production a step closer.

 Liberator field development plan.

Liberator field development plan.

The reserve report by AGR has reclassified reserves from 2C resources of 9.7 million barrels of oil to 2P reserves of 11.7MMboe with a pre-tax net value of $328 million (A$428 million).   The company...

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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.

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