Formation Evaluation News

Natural Gas Reserve Hits 2.65 Trillion Cubic Feet in FY 2022-2023 in Egypt
Natural Gas Reserve Hits 2.65 Trillion Cubic Feet in FY 2022-2023 in Egypt Egypt >> 9/28/2023 - The Egyptian Ministry of Petroleum and Mineral Resources on Thursday 28/9/2023 said that Egypt’s strategic reserve of gas, thanks to new explorations, has reached 2.65 trillion cubic feet of gas and 2...
Pantheon Resources Announces Webinar and Update
United States >> 9/14/2023 - Pantheon Resources plc ("Pantheon"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 193,000 acres adjacent and near to transportation and pipeli...
Pantheon Resources Announces Webinar and Update
United States >> 9/14/2023 - Pantheon Resources plc ("Pantheon"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 193,000 acres adjacent and near to transportation and pipeli...
Carnarvon Energy Provides an Update on the Bedout Exploration Permits
Australia >> 8/31/2023 - Highlights
- Evaluation of latest 3D seismic data has resulted in an unrivalled spread of highly attractive prospects
- Joint Venture now targeting five strategic prospects containing a co...
Sinopec Announces Major Gas Field Discovery in Sichuan Basin, China
China >> 8/23/2023 - China Petroleum & Chemical Corporation (Sinopec") has received official certification for the 30.55-billion-cubic-meter proven geological reserve of natural gas discovered in phase-I of its Bazhong ga...
Central Petroleum Reports Upward Adjustment to 2P Gas Reserves of 8%
Australia >> 7/27/2023 - Central Petroleum Ltd (Central) (CTP) has reported an upward reserve adjustment of 8% (before production) in its Proved and Probable (2P) gas reserves, reflecting recent drilling and production resu...
Central Petroleum Announces Palm Valley and Dingo Field Reserves Upgrades
Australia >> 7/27/2023 - Highlights
- 2P Total Reserves increase of 14% at Palm Valley to 2.1 million barrels of oil equivalent (mmboe), associated with the successful drilling and flow performance of the PV-12 well.<...
Challenger Energy Announces Uruguay Area-Off 1 Update
Uruguay >> 5/31/2023 - Challenger Energy (CEG), the Caribbean and Americas focused oil and gas company, with a range of oil production, development, appraisal, and exploration assets, provides the following update in relati...
Panoro Energy Announces 2022 Annual Statement of Reserves
Tunisia >> 4/27/2023 - Panoro Energy ASA (“Panoro”) is pleased to announce the release of its 2022 Annual Statement of Reserves (the “ASR”).

Panoro achieved an organic reserve replacement ra...
Pantheon Resources Announces Operational and Corporate Update
United States >> 4/21/2023 - Pantheon Resources plc ("Pantheon"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and near to transportation and pipeli...
Minister of Petroleum Tareq el Mulla Proven Oil Reserves in Sinai
Minister of Petroleum Tareq el Mulla Proven Oil Reserves in Sinai Egypt >> 4/19/2023 - Minister of Petroleum Tareq el Mulla said concessions of oil companies operating in Sinai still have proven petroleum reserves that require continued cooperation and coordination among these firms. ...
Maha Energy Updated Reserve and Resource Report for Papa Terra & Peroá
Brazil >> 4/6/2023 - 3R Petroleum S.A. (“3R”) has announced the reserve report as of 31 December 2022 for 3R Offshore assets Peroá Cluster and Papa Terra. Maha will have an indirect working interest of 15% and 9.375%, res...
Serica Energy Announces 2022 Year End Reserve
United Kingdom >> 4/5/2023 - Serica Energy plc (SQZ) announces the results of the independent1 estimates of oil and gas reserves for each of the Serica and Tailwind groups of companies as at 31 December 2022. ...
UKOG Announces Horndean Field Resource Report by D&M
United Kingdom >> 3/23/2023 - UK Oil & Gas PLC (UKOG) is pleased to announce that a new Competent Person's Report ("CPR") has been completed on the Horndean field (UKOG 10% non-operated interest) by Dallas, Texas based DeGolyer & ...
Trillion Energy Announces 2022 Year End Reserve Report
Canada >> 3/23/2023 - Trillion Energy International Inc. (“Trillion”) (TCF) (TRLEF) (Z62) is pleased to provide summary results of its third-party December 31, 2022 year-end reserve report.

Reserve Report H...
Gazprom Keeping Gas Reserve Rates above Production Rates for 18 Consecutive Years
Russia >> 3/21/2023 - - Gas reserves grew by 529.2 billion cubic meters as a result of geological exploration.
- The biggest addition was achieved in the Yamal-Nenets Autonomous Area.

The Gazprom Board ...
Canacol Energy Achieves 169% 2P Reserve Replacement Ratio
Colombia >> 3/21/2023 - Canacol Energy Ltd. (“Canacol” ) is pleased to report its conventional natural gas and light/medium crude oil reserves for the fiscal year end December 31, 2022. The Corporation’s conventional natural...
Kolibri Energy Announces Net Present Value of Proved Reserves Increased 43%
United States >> 3/13/2023 - Kolibri Global Energy Inc. (“KEI”), is providing the results of its December 31, 2022, independent reserves evaluation.

Wolf Regener, ...
Longboat Energy Announces PL 939 Licence Update
Norway >> 3/3/2023 - Longboat Energy, the emerging full-cycle E&P company, provides an update on the status of the PL 939 licence which contains the Egyptian Vulture oil discovery.

...
TAG Oil Reports Fiscal Q3 2023 Results
TAG Oil Reports Fiscal Q3 2023 Results Egypt >> 2/28/2023 - TAG Oil Ltd. (TAO) (TAOIF) ("TAG Oil") is pleased to report the filing of its financial results for the interim period ending December 31, 2022. A copy of TAG Oil's financial statements and managemen...

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