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LGO to acquire new Cedros acreage

Aleem Khan As it prepares to acquire deep petroleum rights in the Cedros Peninsula for US$2.5 million from Beach Oilfield Ltd (Bolt), LGO Energy plc said it will be exploring depths below 7,000 feet. To put in perspective, the BHP Billiton-BG Group consortium that was...

Trinity sells Tabaquite block for US$2 m

Aleem Khan “We are delighted to add the Tabaquite Block to our portfolio in Trinidad. The Tabaquite fields represent excellent candidates for reactivation and whilst the fields have become non-core to Trinity, LGO’s proven ability to reactivate oil fields and...