The Latest News and Information from Burgate E&P Ltd.
Press Release - 23rd May 2018
Burgate has been awarded 3 new licences in the 30th Offshore Licensing Round.
Two blocks are in the East Irish Sea 113/27e and 110/5. These blocks have potential prospects in the Permian Collyhurst Sandstone and in the Triassic Ormskirk Sandstone. Two more blocks 47/10c and 47/15d under one licence have been awarded in the Southern North Sea. There is a promising undeveloped gas discovery on block 47/15d extending into 47/10
Press Release - 29th March 2018
Burgate assigns its equity in the Castletown licence P2076 to Bridge Petroleum for an undisclosed consideration.
Bridge will now progress the licence to its 2nd term and develop the gas field, subject to the usual regulatory conditions.