Exploration News

OMV Starts Oil Production in Yemen and was Awarded A New Exploration Licence
Yemen >> 12/27/2006 - OMV started oil production with early production facilities in Block S2 (Al Uqlah) in Yemen on December 23, 2006. Initially, the daily production rate of the first production well Kharwah-1 is approx....
Inpex gets 85% Stake in Libya Oil Block
Libya >> 12/26/2006 - Inpex Holdings Inc. and Mitsui Oil Exploration have jointly won a license for an oil block in Libya, in which Inpex, an operator, has an 85% stake and Mitsui has 15%. The 113-3/4 block is located near...
ONAL Field Operating Agreement Signed in Gabon
Gabon >> 12/22/2006 - Maurel & Prom announces the issue by the Republic of Gabon's Minister of Mines of an exclusive authorization to operate the ONAL onshore field (45.8 km²) on the Omoueyi permit (4 178 km²) in Gabon.
Tullow Oil Provides Gabon Business Update
Gabon >> 12/21/2006 - Tullow has recently acquired a package of assets from the Gabonese Government through a 50:50 Joint Venture with AIC-Petrofi Limited. The package comprises interests in three producing fields and back...
MOECO Wins in the Third Bidding Round for Libyan Exploration Block
Libya >> 12/20/2006 - Mitsui Oil Exploration Co., Ltd. has been selected as the winning bidder for Area 201 Blocks 1,2,3,4 as part of a joint bid lodged with Wintershall Libyen Oil & Gas GmbH on the Bid Opening Date for th...
FCP Announces Exploration Period Extension to Appraise Discoveries
Algeria >> 12/20/2006 - First Calgary Petroleums Ltd. announces thatSonatrach, Algeria’s national oil company, has agreed to extend the Block 405b Exploration Period for 24 months commencing December 30, 2006, as provided fo...
Maurel & Prom Announces Results of the Exploration Program in Africa
Congo >> 12/19/2006 - Congo Brazzaville: On the Kouilou permit, the Loufika Profond-1D exploration well, that has as a main objectivethe Vandji sandstone reservoir, has reached the final depth of 2 842 m without enc...
TransGlobe Announces Well Results at Al Qurain, Block S-1, Yemen
Yemen >> 12/18/2006 - TransGlobe Energy Corporation announces well results at Al Qurain #1, Block S-1, Yemen (25% working interest). The Al Qurain #1 exploration well was drilled to a total measured depth of 1,960 meters a...
Dalia Starts Production Offshore Angola
Angola >> 12/15/2006 - Sonangol announced first production from Angola’s deepwater Dalia field in Block 17. Discovered in September 1997 and located some 135 kilometres off the coast in water depths ranging from 1,200 to 1,...
ONGC Mittal JV Expects Third Nigeria E&P Block
Nigeria >> 12/15/2006 - ONGC Mittal Energy Ltd. or OMEL, a joint venture between India's Oil and Natural Gas Corp. and London based Mittal group expects to get a third oil and gas exploration and production block in Nigeria,...
BP Close To Integrated Libyan Gas Deal - Libyan Oil Head
Libya >> 12/13/2006 - U.K. oil major BP PLC (BP) is close to signing an integrated gas development deal with Libya's state-owned National Oil Co., which could be signed next year, NOC's chief executive said. Speaking to DJ...
DNO Awards New Exploration license in Yemen
Yemen >> 12/12/2006 - The Ministry of Oil and Minerals has selected the joint venture group comprised of DNO ASA (operator at 34%), TG Holdings Yemen Inc. (33%) and Ansan Wikfs (Hadramaut) Limited (33%) as the successful b...
TransGlobe Energy Announces the Award of a New Exploration Block in the Republic of Yemen
Yemen >> 12/11/2006 - TransGlobe Energy Corporation is pleased to announce the award of a new exploration block in the Republic of Yemen. Block 84, Yemen (33.0% working interest). The Ministry of Oil and Minerals has sele...
Melrose Provides Exploration and Development Activity in Egypt
Egypt >> 12/11/2006 - Melrose Resources plc gives the following update of exploration and development activity on the El Mansoura Concession located in the Nile Delta in Egypt. Melrose has a 100% working interest in the El...
Marun Field to Produce 200m cu. ft. Gas Per Day
Iran >> 12/11/2006 - Daily gas production from Khami layer of Marun field, southern Iran, may reach 200 million cubic feet once three more wells are added to the existing ones, ISNA reported on Sunday. Meeting the goal, g...
Calibre Announces Update on First Well in Iraqi Kurdistan
Iraq >> 12/7/2006 - Calibre Energy, Inc., announced the Bina-Bawi-1 exploration well was at a depth of 2,112 meters (6,929 feet) and has completed running 9 5/8" casing and is currently drilling ahead to a total depth es...
Petrobras Signs SPA for Block 6, Offshore Tanzania
Tanzania >> 12/6/2006 - Petrobras signed a Shared Production Agreement for Block 6, which covers an area of 11,099 square kilometers and is located in deep waters (500 to 3,500 meters) in the Tanzanian sector of the Indian O...
Stratic Group Encounters Gas Shows in Onshore Well
Morocco >> 12/6/2006 - Stratic Energy and partners Heyco Maroc and Energycorp Maroc, spudded the Menadra-1 wildcat well back on 27th October on the Moulay Bousselham permit, onshore Morocco using the ONHYM (Moroccan nationa...
OMV Awarded Exploration Acreage in Egypt
Egypt >> 11/30/2006 - OMV Aktiengesellschaft strengthens its North African E&P core region with an expansion to Egypt. OMV’s 100% subsidiary OMV Exploration & Production GmbH has been awarded offshore exploration Block 11 ...
Calvalley Reports Prospective Resource Estimate Block 9, Yemen
Yemen >> 11/29/2006 - Calvalley Petroleum Inc. announced that McDaniel & Associates Consultants Ltd. has recently completed a resource estimate for Block 9 (100%) in Yemen. Based on a P50 analysis the original oil in place...

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