Formation Evaluation News

Petrobras on Proved Reserves in 2022
Brazil >> 1/26/2023 - Petrobras discloses its proved reserves of oil, condensate and natural gas, according to SEC (US Securities and Exchange Commission) regulation, estimated at 10.5 billion barrels of oil equivalent (bo...
Melbana Energy Provides Update on Cuba Block 9 PSC
Cuba >> 1/24/2023 - Melbana Energy’s Executive Chairman, Andrew Purcell, commented: “The pace of preparations is increasing as we move closer to commencing our first appraisal well. Our contractors’ equipment is ready, m...
C-NLOPB Announces Update of Volume Estimate for White Rose Field
Canada >> 1/13/2023 - The staff of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) have updated the most likely recoverable oil, contingent gas and natural gas liquid (NGL) resources estimate for th...
United Oil Announces Contingent Resources Report on the Maria Discovery
United Kingdom >> 1/12/2023 - United Oil & Gas PLC ("UOG"), the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets, is pleased to announce the results of an independent con...
Pantheon Resources Receives Reservoir Modelling Report from Schlumberger
United States >> 12/8/2022 - Pantheon Resources plc ("Pantheon"), the AIM listed 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...
Alvopetro Announces 183-B1 Candeias Formation Test Results
Brazil >> 11/29/2022 - Alvopetro Energy Ltd. announces results from the third interval tested in our 183-B1 well on our 100% owned and operated Block 183.

In July 2022, we completed drilling the 183-B1 explorati...
Sinopec Uncovers High-Yielding Shale Gas Reserve in Sichuan Basin
China >> 11/25/2022 - China Petroleum & Chemical Corporation's ("Sinopec") has announced that the first phase of the Qijiang shale gas field has uncovered a major discovery in Sichuan Basin with a proven geological reserve...
TAG OIL Announces Resources Evaluation Report Egypt
Egypt >> 11/22/2022 - TAG Oil Ltd (TAOIF) ("TAG Oil") is pleased to announce the results of its independent resources evaluation of the Abu Roash "F" unconventional formation ("ARF") in the Badr Oil Field ("BED-1"), Wester...
Alvopetro Announces 183-B1 Agua Grande Formation Test Results
Brazil >> 11/22/2022 - Alvopetro Energy Ltd. announces initial results from the second interval tested in our 183-B1 well on our 100% owned and operated Block 183.

In July 2022, we completed drilling the 183-B1 ...
Union Jack Oil Announces PEDL183 Competent Person’s Report by RPS Energy
United Kingdom >> 9/29/2022 - Union Jack Oil plc (UJO) a UK focused onshore hydrocarbon production, development and exploration company is pleased to provide summary details from a Competent Person’s Report (“CPR” or “Report”), da...
Longboat Energy Announces Copernicus Well Result
Norway >> 9/15/2022 - Longboat Energy, the emerging full-cycle North Sea E&P company, announces that the Copernicus exploration well in licence PL1017 offshore Norway (Company 10%) was dry and will now be plugged and aband...
Canadian Overseas Petroleum Significantly Increases Reserves and Values
United States >> 9/12/2022 - Canadian Overseas Petroleum Limited (“COPL”) (CSE) & (LSE), an international oil and gas exploration, production and development company with operations focused in Wyoming, USA, is pleased to announce...
Empyrean Energy Updated Plan of Development for the Mako Gas Project
Indonesia >> 9/9/2022 - Empyrean Energy plc ("Empyrean") is delighted to announce that the partners in the Duyung PSC have approved the updated Plan of Development ("PoD") and have secured alignment with SKK Migas on the pla...
COPL Announces Independent Resource Report Confirms Wyoming Oil Discovery
United States >> 8/5/2022 - Canadian Overseas Petroleum Limited and its affiliates ("COPL") (CSE) & (LSE), an international oil and gas exploration, production and development company with production and development operations f...
Independent Validation of the Walyering Reserves is Announced by Strike Energy
Australia >> 7/21/2022 - The first independently verified Reserves & Resources report for the Walyering gas field acquired by the EP447 JV, which is operated by Strike Energy Limited (Strike - STX) and in which Talon Energy (...
Chariot Announces Material Increase in Gas Resources Offshore Morocco
Morocco >> 7/20/2022 - Anchois-2 appraisal and exploration well results were recently successfully incorporated into the Independent Assessments on Chariot Limited's (CHAR) gas resources offshore of Morocco. The Anchois Gas...
Thailand Assets Reserves & Resources Report
Thailand >> 6/13/2022 - Valeura Energy Inc. (VLU) ("Valeura") is pleased to report the results of an independent third party reserves and resources assessment pertaining to its Gulf of Thailand acquisition announced April 28...
Green Energy Group (Seabird Exploration) Signed an OBN Source Contract
United Kingdom >> 6/7/2022 - Green Energy Group (SBX Plc) is pleased to announce that it has signed an OBN source contract in the Western hemisphere. The contract is expected to commence second half of August. The duration of the...
Crown Point Provides Operations Update
Canada >> 6/6/2022 - Crown Point Energy Inc. provided an update regarding its drilling operations at La Angostura Concession, Tierra del Fuego ("TDF").

San Martin Oil Field – La Angostura Concession (WI 34.74%)...
Oilex Announces Cambay Field Reserves Re-Classification
India >> 5/27/2022 - Oilex Limited (Oilex or the Company) is pleased to announce the following update with respect to the re-classification of Cambay gas and condensate volumes to reserves and increase in resources.
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