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Oil & Gas Exploration News
June 5, 2009
Caspiy Meruerty Operating Co BV drilling Kazakhstan appraisal
Caspiy Meruerty Operating Company bv (CMOC), the operator of the Zhemchuzhiny (Pearls) offshore contract area in Kazakhstan's sector of the Caspian ... more
June 5, 2009
Pan Orient Energy Corp makes new pool discovery in Thailand
Oil is flowing at the rate of 840 b/d, with a water cut of less than 0.5%, at a shallow volcanic discovery made by Pan Orient Energy in its ongoing ... more
June 4, 2009
PetroChina scores again in China’s Halatang area
Six more wells are planned for the Halatang area in the northern Tarim Basin after PetroChina tested oil and gas from the Ordovician at Ha 9. ... more
June 4, 2009
Dana Gas tests Egypt wildcat for gas/condensate
Dana Gas has revealed that its Tulip 1 (Ja 71-1) exploration well in the West Qantara exploration block has tested 11.4 MMcf/d of gas and 318 ... more
June 3, 2009
PetroTel awarded Musandam Block 17in Oman
The Ministry of Oil and Gas (OMOG) had signed a three-year EPSA with US-based PetroTel for the 2,378 sq km Musandam Block 17. ... more
June 3, 2009
Rockhopper claims first discovery in the Falklands
Although there has been no drilling in the Falkland Islands in more than a decade, UK-based Rockhopper Exploration is laying claim to the country's ... more
June 2, 2009
PDVSA; YPFB to jointly explore Bolivia’s Amazon
The YPFB-Petroandina SAM joint venture between Bolivia’s state oil company and PDVSA has secured an environmental license to begin exploration ... more
June 2, 2009
Baraka takes stakes in northern Australia basin
Making what it calls a new strategic direction for the company, Baraka Petroleum is farming into permits EP 127 and EP 128 in the Georgina Basin ... more
June 1, 2009
Tullow appears to have found new reservoir fairway in Uganda.
Exploring the Butiaba area of the Albertine Graben, estimated to hold a resource potential of over one billion barrels of oil, Tullow Oil has ... more
June 1, 2009
Repsol drilling offshore northeastern Spain
A Mediterranean well drilled by Repsol in 736m of water off Tarragona has tested commercial quantities of oil. ... more
May 29, 2009
StatoilHydro farms into offshore blocks - Bahamas
In an indication StatoilHydro is determined to find reserves no matter how high the risk, the company has farmed into an undisclosed interest ... more
May 29, 2009
Addax to take 50% in the Ogueyi license - Gabon
Addax has agreed a deal with Perenco that has secured it the potential to earn a 50% interest in the onshore Ogueyi license.  Within this 1,339 ... more
May 28, 2009
Talisman makes 'promising' oil discovery at Grevling - Norw
Oil flowed at the rate of 1,250 b/d on a 20/64" choke at a Talisman Energy wildcat located about 15km north of the Canadian company's Varg field. ... more
May 28, 2009
Epsilon Energy Ltd signs PSA for large block frontier acreage - Ethiopia
Canadian explorer Epsilon Energy has signed a Production Sharing Agreement (PSA) with the Ministry of Mines and Energy of Ethiopia covering an ... more
May 27, 2009
Latvia opens bidding on offshore Block 1
It has been talked about for some time but the Latvian Ministry of Economics has finally opened the country's Licensing Round in which one offshore ... more
May 27, 2009
Chevron Corp brings Pattani Trough field onstream - Thailand
Chevron has begun production from the Chaba (Kung) field located in the Benchamas-Pakakrong production license in the southern part (Area B) ... more
May 26, 2009
JOGMEC, INK sign for three blocks in Irkutsk Oblast - Russia
The partnership of Jogmec (49%) and Irkutsk Neftyanaya Kompaniya (INK, 51%), which already holds the Mogdinskiy Severnyy block, have signed for ... more
May 26, 2009
Hocol tests Huron for 3,400 bc/d - Colombia
Does Colombia finally have its much-anticipated Llanos Foothills discovery? After some weeks of speculation, partner Talisman Energy announced ... more
May 25, 2009
ConocoPhillips may have significant discovery with Poseidon 1 - Australia
ConocoPhillips is abandoning its Poseidon 1 exploration well in the 2,010 sq km WA-315-P permit in the Browse Basin as a significant gas discovery. ... more
May 25, 2009
Bureau of Minerals & Petroleum to hold roadshows in Copenhagen, Denver - Greenland
Acreage off the north-west and north-east coasts of Greenland will be offered in a licensing round, details of which are to be presented at promotional ... more
May 22, 2009
Vanco spuds first well in Cape Three Points Deep - Ghana
It has been a long time in the offing but Vanco Energy, operator of the 5,153 sq km Cape Three Points Deep (CTPD) block, has now spudded the ... more
May 22, 2009
Ministry launches geothermal exploration tender - Nicaragua
The Ministry of Energy and Mines has launched a call for bids to carry out geothermal exploration in the Volcan Mombacho, Caldera de Apoyo and ... more
May 21, 2009
IPRMEL has oil discovery in Block 24 - Syria
Local media report that IPR Mediterranean Exploration Ltd (IPRMEL) a subsidiary of Improved Petroleum Recovery, has made an oil discovery with ... more
May 21, 2009
Pan Orient Energy Corp tests oil in L/44-W exploration well - Thailand
Holding a 40% stake in the Pan Orient Energy operated L44/43 block in the Phetchabun Basin, Carnarvon has revealed test results of the L44-W ... more
May 20, 2009
Petrel Resources secures funds for Iraqi project
Petrel Resources has raised a little over US$ 2.8 million through the placing of new shares with three long-standing institutional shareholders. ... more
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