NEWS UPDATE: LYON WELL DEFERRED UNTIL 2019

11 Sep 2018

NEWS UPDATE: LYON WELL DEFERRED UNTIL 2019

With the Cambo well operations shortly due to complete, Siccar Point Energy E&P Limited (“Siccar Point”) and its JV partner have elected to defer the drilling of the Lyon exploration well (Licence P.1854) until 2019. This is primarily to mitigate the risk of weather downtime as the well would continue into the winter season if drilled in direct continuation with Cambo. The Lyon well will now form part of Siccar Point’s 2019 drilling programme which also includes the Blackrock exploration well (Licence P.1830).

Jonathan Roger, CEO of Siccar Point said: “Given the challenges of winter drilling West of Shetland, it makes sense to defer the Lyon well until next year to minimise the likely cost. On the plus side we have had a very successful result on Cambo and look forward to progressing that into the development phase.”

CAMBO WELL TEST SUCCESS

23 Aug 2018

CAMBO WELL TEST SUCCESS

Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in the Cambo field, north-west of Shetland.

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SICCAR POINT ENERGY 30TH LICENSING ROUND AWARDS

23 May 2018

SICCAR POINT ENERGY 30TH LICENSING ROUND AWARDS

Siccar Point Energy has secured additional strategic acreage in the Oil & Gas Authority's 30th Licensing Round for the UK Continental Shelf. In a 50:50 partnership with Shell, Siccar Point will operate the exploration and appraisal phases of the licence which adds to their already extensive acreage position in the Greater Cambo Area in the West of Shetland. 

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CAMBO WELL SPUD AND SHELL DEAL COMPLETION

2 May 2018

CAMBO WELL SPUD AND SHELL DEAL COMPLETION

Siccar Point Energy has started drilling a final appraisal well on the Cambo field and has also confirmed the completion of a sale and purchase agreement with Shell UK Limited for a minority interest of the acerage. 

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SICCAR POINT ENERGY ANNOUNCES SALE OF MINORITY INTEREST IN GREATER CAMBO AREA TO SHELL UK LIMITED

29 Mar 2018

SICCAR POINT ENERGY ANNOUNCES SALE OF MINORITY INTEREST IN GREATER CAMBO AREA TO SHELL UK LIMITED

Siccar Point Energy ("Siccar Point") is pleased to announce that on 28 March 2018, a Sale and Purchase Agreement was signed with Shell UK Limited (“Shell”) under which Shell will acquire a 30% non-operated working interest in UKCS licences P1028 and P1189 (incorporating the Cambo discovery) and a 22.5% non-operated working interest in P1830 (including the Blackrock prospect).

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NEWS UPDATE: SICCAR POINT ENERGY ANNOUNCES $100 MILLION SENIOR UNSECURED BOND

31 Jan 2018

NEWS UPDATE: SICCAR POINT ENERGY ANNOUNCES $100 MILLION SENIOR UNSECURED BOND

Siccar Point Energy are pleased to announce its first bond issue with the successful closing of an oversubscribed $100 million, 5 year, fixed rate (9.0% p.a.) senior unsecured bond. 

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NEWS UPDATE: SICCAR POINT ENERGY COMPLETES DIVESTMENT OF JACKDAW

22 Dec 2017

NEWS UPDATE: SICCAR POINT ENERGY COMPLETES DIVESTMENT OF JACKDAW

Siccar Point Energy E&P Limited today completed the divestment of its 26.0% equity interest in the Jackdaw discovery to Dyas UK Limited. Click here to read more on the divestment.

SICCAR POINT TO DRILL LYON EXPLORATION WELL IN 2018

4 Dec 2017

SICCAR POINT TO DRILL LYON EXPLORATION WELL IN 2018

Siccar Point Energy E&P Limited ("SPE" or the "Company") is pleased to confirm that the previously announced Lyon exploration well farm‐out deal with Ineos UK SNS Limited ("Ineos") has now completed. The company has also simultaneously entered into a contract extension with North Atlantic Drilling Ltd ("North Atlantic Drilling") for the West Hercules semisubmersible to drill the Lyon well immediately following the Cambo appraisal well in 2018.

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SICCAR POINT ENERGY FARMS OUT LYON PROSPECT

21 Nov 2017

SICCAR POINT ENERGY FARMS OUT LYON PROSPECT

Siccar Point Energy E&P Limited (SPE) is pleased to announce that it has entered into a farmout agreement with Ineos UK SNS Limited (Ineos) covering two exploration licences (P.1854 and P.1935) in the West of Shetlands area, containing the significant Lyon prospect. To read the Ineos press release please click here

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SICCAR POINT ENERGY DIVESTS EQUITY IN JACKDAW

6 Nov 2017

SICCAR POINT ENERGY DIVESTS EQUITY IN JACKDAW

Siccar Point Energy are please to announce it has entered into a Sale and Purchase Agreement to divest its 26.0% equity interest the Jackdaw discovery to Dyas UK Limited. 

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SICCAR POINT ENERGY AND BAKER HUGHES SIGN AGREEMENT FOR THE DEVELOPMENT OF THE CAMBO FIELD

31 Oct 2017

SICCAR POINT ENERGY AND BAKER HUGHES SIGN AGREEMENT FOR THE DEVELOPMENT OF THE CAMBO FIELD

Siccar Point Energy (SPE) and Baker Hughes, a GE company (NYSE:BHGE) announced an agreement for the development of the Cambo field, located North West of the Shetland Islands in the UK. 

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MARINER A TOPSIDE NOW COMPLETE

7 Aug 2017

MARINER A TOPSIDE NOW COMPLETE

Mariner A topside is now complete. To see the final installation and heavy lifting click on the link to see Statoil's footage. Photo credit: Jamie Baikie/Statoil

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FIRST LIFT ON MARINER

10 Jul 2017

FIRST LIFT ON MARINER

Click on the link to see the first of eight Mariner topsides being installed on the field.  

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KICK-OFF FOR STATOIL’S UK EXPLORATION CAMPAIGN

3 Jul 2017

KICK-OFF FOR STATOIL’S UK EXPLORATION CAMPAIGN

News update - Statoil will soon commence a three-well exploration drilling campaign with the Transocean Spitsbergen semi-submersible rig, starting with the Mariner Segment 9 on the Mariner Field.

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NORTH ATLANTIC DRILLING LTD ANNOUNCES CONTRACT AWARD FOR WEST HERCULES WITH SICCAR POINT ENERGY

19 Jun 2017

NORTH ATLANTIC DRILLING LTD ANNOUNCES CONTRACT AWARD FOR WEST HERCULES WITH SICCAR POINT ENERGY

News update - North Atlantic Drilling Ltd has been awarded a one well contract with Siccar Point Energy for Seadrill Limited's semi-submersible West Hercules for work on the Cambo discovery, West of Shetland. 

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SICCAR POINT ENERGY CHOOSES HILL OF RUBISLAW AS ITS NEW HEADQUARTERS

16 Jun 2017

SICCAR POINT ENERGY CHOOSES HILL OF RUBISLAW AS ITS NEW HEADQUARTERS

News update - Siccar Point Energy have moved into their new headquarters at the recently redeveloped H1 building.

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BP ANNOUNCES QUAD 204 START-UP

22 May 2017

BP ANNOUNCES QUAD 204 START-UP

Siccar Point Energy news update – BP today announced the start of production from Quad 204, one of the largest field redevelopments in the North Sea. 

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MARINER TOPSIDE STRUCTURES SET SAIL FOR UK

9 May 2017

MARINER TOPSIDE STRUCTURES SET SAIL FOR UK

Siccar Point Energy are pleased to provide a news update on the Statoil operated Mariner Field - the Mariner topsides modules began their journey this week from the construction yard in South Korea, to the Statoil operated Mariner Field, located east of Shetland.
 

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SICCAR POINT ENERGY COMPLETES ACQUISITION OF OMV (U.K.) LIMITED

13 Jan 2017

SICCAR POINT ENERGY COMPLETES ACQUISITION OF OMV (U.K.) LIMITED

Siccar Point Energy Limited (“Siccar Point”) today announces the completion of the acquisition of OMV (U.K.) Limited (“OMV UK”) from OMV AG (“OMV”).

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SICCAR POINT ENERGY ANNOUNCES ACQUISITION OF OMV (U.K.) LIMITED

9 Nov 2016

SICCAR POINT ENERGY ANNOUNCES ACQUISITION OF OMV (U.K.) LIMITED

Siccar Point Energy Limited (“Siccar Point”) today announces the acquisition of OMV (U.K.) Limited (“OMV UK”) from OMV AG (“OMV”). Aberdeen-based Siccar Point is a North Sea focussed E&P company backed by funds managed by Blue Water Energy (“Blue Water Energy”) and Blackstone Energy Partners (“Blackstone”).

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SICCAR POINT ENERGY ACQUIRES INTEREST IN THE GREATER MARINER AREA

16 Aug 2016

SICCAR POINT ENERGY ACQUIRES INTEREST IN THE GREATER MARINER AREA

Siccar Point Energy announced the acquisition of an 8.9% interest in the Greater Mariner Area from JX Nippon Exploration and Production (U.K.) Limited. This acquisition is the first since Siccar Point Energy was launched in August 2014 following its initial funding by Blue Water Energy and Blackstone.

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CHRIS FINLAYSON APPOINTED TO OUR BOARD

13 May 2015

CHRIS FINLAYSON APPOINTED TO OUR BOARD

SICCAR POINT ENERGY LIMITED TODAY ANNOUNCED THE APPOINTMENT OF CHRIS FINLAYSON, FORMER CEO OF BG GROUP, AS A NON-EXECUTIVE DIRECTOR ON THE BOARD OF SICCAR POINT ENERGY. 

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DR. NICK COOPER JOINS OUR BOARD

16 Sep 2014

DR. NICK COOPER JOINS OUR BOARD

SICCAR POINT ENERGY STRENGTHENS BOARD WITH THE APPOINTMENT OF NICK COOPER, CEO
OPHIR ENERGY, AS A NON-EXECUTIVE DIRECTOR.

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$500 MILLION INVESTMENT

1 Sep 2014

$500 MILLION INVESTMENT

SICCAR POINT ENERGY LIMITED ANNOUNCES $500 MILLION INVESTMENT
LED BY BLUE WATER ENERGY AND BLACKSTONE ENERGY PARTNERS TO
FUND OIL & GAS EXPLORATION, DEVELOPMENT AND PRODUCTION IN THE
NORTH SEA

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