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Company News
Byron Energy finds signs of hydrocarbons at Cutthroat prospect
Oil and gas junior Byron Energy (ASX: BYE) has found signs of hydrocarbons while drilling an offshore exploration well on the Cutthroat prospect in the US Gulf of Mexico. The company today reported its South Marshall Island 58 (SM58) 011 well, which has been drilled to a measured depth of 10,875 feet (3,314.7m), encountered the […]
Byron Energy reveals new oil and gas prospects in Gulf of Mexico as output hits million-barrel mark
Oil and gas junior Byron Energy (ASX: BYE) has revealed several new low-risk development opportunities and prospects at one of its offshore joint venture projects in the US Gulf of Mexico. The company today announced it has received the final version of reverse time migration (RTM) data from a seismic reprocessing program at the South […]
Byron Energy bounds to top oil producing spot on Gulf of Mexico shelf, advances well spud plans
Oil and gas junior Byron Energy (ASX: BYE) is making great strides in the US Gulf of Mexico, with one project now bumping up to the top spot for oil production on the Gulf’s shelf and rolling plans to spud a maiden well in a neighbouring block. The company today released several announcements regarding its Gulf […]
Otto Energy taps into strong oil market sales revenues in the Gulf of Mexico
Oil production company Otto Energy (ASX: OEL) has provided an update regarding its ongoing operations at its flagship South Marsh Island Block 71 in the Gulf of Mexico — to the delight of its shareholders, as well as those of Byron Energy (ASX: BYE). The two oilers each hold a 50% working interest in SM […]
Byron Energy to spud Gulf of Mexico well ahead of first production
Byron Energy (ASX: BYE) is on track to soon achieve first production from three offshore oil wells in the Gulf of Mexico, with plans to spud the final well next week. The oil and gas explorer announced its F2 appraisal well, located in the offshore South Marshall Island 71 (SM71) block, would be completed for […]