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UKOG discovers 100 billion barrel oil source onshore in South England

Exploration firm UK Oil & Gas Investments (UKOG) has said that there could be up to 100 billion barrels of oil onshore in the south of England.

AWE has drilled the Irwin-1 exploration well, located at onshore Perth Basin, Western Australia, to a measured depth of 2,770m.

French energy firm Total has sold its interest in Nigerian onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P for $569m.

Shell has agreed to acquire an 80% operatorship interest in Northern Petroleums Cascina Alberto permit, onshore north-west Italy.

Europa Oil and Gas has agreed to sell its a 80% stake and operatorship of the Tarbes Val d'Adour permit in France to Vermilion Energy.

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