29 September 2015
Mustard Oil Discovery
The P2074 partnership can confirm that the 205/27-3 and 205/27-3z wells were both oil discoveries in a reservoir quality Solan sandstone of Late Jurassic age.
28 July 2015
Chrysaor confirms the 205/27-3 exploration well targeting the Jurassic Mustard prospect spudded on 28 July 2015. The well is being drilled with the Transocean Sedco 712 and is expected to take around 40 days to TD.
2 June 2015
Chrysaor has sold its 40% interest in the Solan field to Premier Oil in return for a royalty and net production interest in the field. The Solan project is delayed and significantly over the sanction budget. On balance Chrysaor preferred to sell its field equity and retain a significant upside interest in the field. We wish Premier every success with the development.
26 May 2015
Chrysaor has entered into an agreement with Origo Exploration for them to acquire 25% of licenses P2074 and P1932 in UK waters West of Shetland. During the summer of 2015 an exploration well will be drilled on the Mustard prospect in P2074. In addition a 500km2 3D seismic survey will be acquired in P1932. Both are located close to the Solan field leaving Chrysaor (Operator) with 50% stake, DEA (25%) and Origo (25%).
4 December 2013
Chrysaor signs East Solan Basin farm-out with RWE DEA including agreement to participate in the drilling of the Mustard Prospect, West of Shetland
9 July 2013
Chrysaor announces rig contract signed for Spanish Point drilling programme & Irish government approval for Cairn transaction
4 July 2013
Chrysaor announces $175m equity investment
7 May 2013
Chrysaor signs Spanish Point farm-out with Cairn Energy plc
13 February 2013
Oil & Gas UK Welcomes New Member to its Board
20 November 2012
UK North Sea Oil and Gas Licensing Round
22 August 2012
Chrysaor to start survey for gas at Spanish Point
20 July 2012
Spanish Point Discovery Operational Update
25 April 2012
Solan oil field development gets Secretary of State’s consent