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Exploration News

Verenex confirms oil discovery in Libya
Libya >> 7/28/2008 - Verenex Energy confirmed an oil discovery at A1-47/04 in Area 47 in the Ghadames Basin in Libya. This discovery is the Company's first in Block 4 and is a significant result, confirming the potential ...
BP Starts Production from Taurt
Egypt >> 7/28/2008 - BP Egypt announced that gas production from the Taurt field started at the beginning of July. The Taurt field is located in Ras El Bar concession, 70 kilometres offshore in the northeast of Port Said,...
PTTEP Started Production of Crude Oil from Vietnam 9-2 Project
Vietnam >> 7/28/2008 - PTTEP started production of crude oil and natural gas from Ca Ngu Vang field of Vietnam 9-2 project. This is the third PTTEP project that started production this year. Mr. Anon Sirisaengtaksin, CEO of...
Maurel & Prom Announces Oil Discovery in Gabon
Gabon >> 7/24/2008 - The exploration well OMKO-1, formerly named Alonha-C and located at 6km East of the Onal field (3.6km East of the production center), has been drilled at a 1,800m depth. The OMKO-1 well met two oiled ...
Gulfsands Announces Oil Production Commences at Khurbet East Field
Syria >> 7/22/2008 - Gulfsands Petroleum announced that the production of oil commenced at the Khurbet East Early Production Facility in Block 26, Syria. This early commencement of oil production follows the fast tracking...
Imperial Energy Reports Further Licensing And Provides Exploration Update
Russia >> 7/21/2008 - Imperial announced the grant of a new long term production licence and further exploration successes at its Tomsk fields, Western Siberia, Russian Federation. The Ministry of Natural Resources has gra...
Hess Announces Briseis-1 Natural Gas Discovery in Australia
Australia >> 7/20/2008 - Hess Corporation announced that the Briseis-1 exploration well on Australia's Northwest Shelf discovered natural gas in Jurassic and Triassic sandstones. The well encountered 151 feet (46 meters) of n...
OMV signs agreement with Libyan NOC to renew contracts for major oil fields
Libya >> 7/17/2008 - OMV signed agreements with Libya's National Oil Corporation (NOC) for blocks NC115 and NC186 in the Murzuq basin, onshore Libya, some 700 km south of Tripoli. Partners in NC115 are Repsol (40%) and To...
New Discoveries of Oil and Gas in Equatorial Guinea
Equatorial Guinea >> 7/15/2008 - New discoveries of oil and gas-condensate have been made during drilling operations at the Diega prospect in Block I offshore Equatorial Guinea. The oil and gas group PA Resources has a six percent pa...
OMV with a new exploration success in Tunisia
Tunisia >> 7/14/2008 - OMV Aktiengesellschaft announced the discovery and successful testing of condensate and gas in its Ahlem-1 exploration well in the Jenein Sud exploration permit in Southern Tunisia. This is the third ...
Niko Secures Exploration Acreage in Madagascar
Madagascar >> 7/9/2008 - Niko Resources announced the signing of a Heads of Agreement whereby it will farm-in to a production sharing contract (PSC) offshore Madagascar. Niko will become the operator of the Grand Prix PSC cur...
Cairn India Announces Signing of exploration acreage in Sri Lanka
Sri Lanka >> 7/7/2008 - The Government of Sri Lanka and Cairn India signed the Petroleum Resources agreement for the exploration licence to explore for oil and natural gas in the Mannar Basin. The signing took place in Colom...
Addax Petroleum Announces Production Milestone in Nigeria
Nigeria >> 7/7/2008 - Addax Petroleum Corporation announced that the historic milestone of 200 million barrels of oil production from the Addax Petroleum operated Oil Mining Lease (“OML”) 123 offshore Nigeria has been achi...
CNOOC Ltd’s Wenchang Fields Start Trial Production Successfully
China >> 7/2/2008 - CNOOC Limited announced that leading by Wen 19-1, WenChang (Wen) oil fields have successfully run into trial production stage. Currently, through 7 wells the fields can produce approximately 14,000 ba...
Tethys Petroleum Announces Commencement of AKK15 Shallow Gas Exploration Well
Kazakhstan >> 6/30/2008 - Tethys Petroleum Limited announced the commencement of shallow gas exploration well AKK15 in its Akkulka Exploration Block in Kazakhstan. The primary target of this well is gas in the Tasaran Sandston...
Dana Gas Announces New Oil Discovery in Egypt
Egypt >> 6/29/2008 - Dana Gas announced a discovery from a new oil zone in its Egyptian concessions, marking the first discovery in the company’s US$ 170 million drilling campaign for 2008. Drilling of the “Al Baraka-2” w...
Caspian receives approval to restart oil production operations
Kazakhstan >> 6/27/2008 - Caspian Holdings announced that it has received work programme approval for its Zhengeldy project in Kazakhstan from Zapkaznedra. This approval will enable the re-start of production at Zhengeldy. The...
Tullow Announces Successful Ngege-1 exploration well in Block 2 Uganda
Uganda >> 6/24/2008 - Tullow Oil plc announced further success in Uganda’s Lake Albert Rift Basin with the Ngege-1 exploration well encountering both oil and gas. The well is the second in a continuous exploration campaign...
Signing of Exploration, Production and Sharing Agreements between NOC and Oxy Libya Oil & Gas & OMV
Libya >> 6/23/2008 - NOC signed five EPSA'S with Oxy Libya Oil & Gas and OMV. These EPSAs cover all blocks being operated by these companies and will take effect as of 1st December 2007. These Agreements which are based o...
Eni makes new gas discovery in Pakistan
Pakistan >> 6/23/2008 - Eni made a new on-shore gas discovery in Pakistan with the Saqib 1A well, located in the Mubarak exploration block, in the South Eastern province of Sindh. Eni holds a 38% stake in the Mubarak block. ...

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