February 2008 - |
Pinnacle installed a UK accounting system for North Sea operator, Bow Valley Petroleum UK. |
November 2007 - |
Acting on behalf of Bow Valley Petroleum (UK) Ltd, Pinnacle provided all the technical and legal support in the successful farmout of UKCS exploration well 9/29b-R to Marathon Oil UK Ltd and Vaalco. The farminees will pay 93% (approx) of the cost to earn approx 63% of the equity. The well,a Jurassic test, is due to spud in mid November 2007. |
October 2007 - |
Pinnacle provided technical and legal support in the acquisition by Egdon Resources plc of the onshore UK licences held by Stag Energy Ltd. One licence contains the Eakring-Dukes Wood abandoned oil field which produced from 1940 until 1966. Egdon believe there is potential to rejuvenate the field to take advantage of increased oil prices, improved technology and the recognition of undrilled and undrained parts of the field. |
October 2007 - |
Led by Pinnacle Director Peter Gunn, the company provided legal, financial and tax advice on behalf of Newfield Exploration Company in the successful sale of their UK subsidiary for approx $500 million to Centrica plc. |
March 2007 - |
Pinnacle provide business link Francois Demargne as Country Manager for France for Egdon Resources Plc |
February 2007 - |
Pinnacle client Bow Valley awarded Block 22/11b in the UK 24th Round - all the technical work for the Application was carried out by Pinnacle Energy |
August 2006 - |
Pinnacle contracted on BP's Russian Samotlor Field Reserves |
May 2006 - |
Successful Onshore UK Farmout
Pinnacle acting on behalf of Egdon Resources & Sterling Resources, carried out all the technical work and the commercial and legal negotiations leading to the farmout of a net 45% interest in UK Onshore Licence PEDL 071. The farminees are Granby Oil & Gas, together with two UK subsidiaries of Gas Plus Italiana. Granby said there are several prospects and leads in the licence and a well is planned on the Fraisthorpe prospect for later this year or early 2007. Granby will earn a 10% interest in the licence, with the company's share of the cost of drilling and testing an exploration well on the Fraisthorpe prospect fully carried by Gas Plus. Gas Plus will earn a 35% interest in the licence. |
May 2006 - |
Director Kevin Sylvester presented at DEVEX 2006, Aberdeen, "Balakhany IX & X Integrated Studies, SWG Field, Caspian Sea |
Feb 2006 - |
Director Rob Wallace appointed Secretary of Mediterranean, Middle East and Africa (MMEA) London Scout Group |
Feb 2006 - |
Launch of Pinnacle redesigned web site (created and supported by AmaZingg Web Design) |
| Nov
2005/present - |
Developed complete HSE package for new UKCS operator. |
Oct 2005 - |
Technical audit of a Middle East fabrication yard |
2005 - |
Project accounting set-up for the Grove gas field development, UKCS |
Sept 2005
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Legal and accounting advice for successful AIM flotation for WHAM Energy |
Sept 2005 - |
Pinnacle’s technical work leads to successful UK 23rd Round Awards to Bow Valley (Blks 9/28b & 16/27c) |
Jun 2005 - |
Pinnacle’s technical work leads to acquisition of UKCS blk 16/27aN for Bow Valley Petroleum |
Apr & Oct 2005 - |
Director Kevin Sylvester presents Caspian paper at both PESGB London and Aberdeen branches |
Feb 2005 - |
Pinnacle moves into new, larger offices at Saxon House, Castle Street, Guildford |
Dec 2004 - |
Legal and accounting advice for successful AIM flotation for Egdon Resources |
May 2004 - |
Director Kevin Sylvester presents paper at AAPG Hedberg Conference, Baku Azerbaijan entitled “Balakhany IX & X Integrated Studies, Shallow Water Gunashli Field, Caspian Sea” |
Dec 2004 - |
Director Peter Gunn is appointed to OGIA (Oil & Gas Independents Association) as representative on the Inland Revenue Energy Group |
| Dec 2003 - |
Director Peter Gunn presents paper at the “Successful Finance Strategies for the Evolving North Sea” conference in Aberdeen, entitled "Finding the Right Financial Strategy in the UKCS". |
Jan 2003 - |
Pinnacle expands team (function & expertise) with “Business Links” |
Jun 2002 - |
Director Peter Gunn appointed Company Secretary to OGIA (Oil & Gas Independents Association) |
| Dec 1999 - |
Pinnacle moves into new office on High St, Guildford |
June 1999 - |
Walter Roberts has provided all RWE Dea's legal support on operations and joint venture business in Egypt |
May 1999 - |
Pinnacle Energy Limited formed with 6 Directors who recently worked together with a major independent E&P company based in Guildford, Surrey UK. |
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