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Exploration News

Horn Petroleum Updates Activities in Puntland, Somalia
Somalia >> 2/12/2015 - Horn Petroleum Corporation (Horn) provides the following update on its activities in its Dharoor and Nugaal PSC areas in Puntland, Somalia. ...
Kangaroo-2 Appraisal Well Progress
Brazil >> 2/11/2015 - Karoon Gas Australia Ltd’s Kangaroo-2 appraisal well, located in exploration Block S-M-1165, Santos Basin off-shore Brazil, confirmed a 250 metre gross (135 metre net) oil column in Paleocene and Maas...
Canacol Tests Two Zones at Clarinete 1 Gas Discovery
Colombia >> 2/10/2015 - Canacol Energy Ltd. is pleased to announce that Clarinete 1, the first exploration well drilled in its recently acquired VIM 5 Exploration and Production (“E&P”) Contract, has tested at a final gross...
Iran Denies Circulating New Draft Oil Contracts to Foreign Firms
Iran >> 2/10/2015 - Iran has rejected a report by Reuters claiming that Iran has already circulated new draft oil contracts to foreign firms to attract business. ...
Libra Consortium Completes Drilling and Testing of First Well
Brazil >> 2/10/2015 - Petrobras informs that the Libra Consortium has completed the drilling and testing of the first appraisal well in the Libra area, 3-BRSA-1255-RJS (3-RJS-731), informally known as NW1. Located in the ...
Statoil Achieves Great Success in the Krafla Area
Norway >> 2/9/2015 - Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area. ...
Questerre Continued Success at Kakwa with Positive Well Results and New Discovery
Canada >> 2/9/2015 - Questerre Energy Corporation reported on two recently completed wells in the Kakwa-Resthaven area. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "The first well was i...
Zulu Exploration Well Completed As a Gas Discovery
Norway >> 2/6/2015 - Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 26/10-1. The well investigated the hydrocarbo...
Cabinet Approves Uganda 1st Open Licensing Round for Exploration
Uganda >> 2/6/2015 - Cabinet has approved plans to open up six blocks in the Albertine Graben for licensing in the country’s first competitive bidding round. ...
Obama Administration to Offer Over 41 Million Acres in the Gulf of Mexico
United States >> 2/5/2015 - As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean...
Petrobras Discovers New Campos Basin Oil
Brazil >> 2/4/2015 - Petrobras announces the discovery of new oil accumulations in concession BM-C-35 (exploratory block C-M-535), located in the Campos Basin post-salt layer. ...
August Lease Sale in the Western Gulf of Mexico
United States >> 2/3/2015 - As part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today ann...
Aramco Stops Red Sea Deepwater Exploration Work
Saudi Arabia >> 2/1/2015 - State oil giant Saudi Aramco has put on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs as it economises in an environment of low crude prices, ...
Urals Energy Announces Operational Update
Russia >> 1/30/2015 - AIM-listed Urals Energy, the independent exploration and production company with operations in Russia, has announced an update on its operations at ArticNeft and Petrosakh as well an update on the lit...
Chevron Expands its U.S. Gulf of Mexico Leasehold Position
United States >> 1/28/2015 - Chevron Corporation through its subsidiary, Chevron U.S.A. Inc., will work with BP Exploration and Production Inc. (BP) and ConocoPhillips Company (ConocoPhillips) to explore and appraise 24 jointly-h...
Cyprus in Talks with Noble on Exploitation of Gas
Cyprus >> 1/28/2015 - Cyprus and U.S. energy company Noble are discussing the potential exploitation of a gas field discovered in 2011, the island's energy minister said.

Yiorgos Lakkotrypis also said discussio...
Canacol Tests 21 MMSCFPD at Clarinete 1 Gas Discovery
Colombia >> 1/27/2015 - Canacol Energy Ltd. is pleased to announce that Clarinete 1, the first well drilled in its recently acquired VIM 5 Exploration and Production (“E&P”) Contract, has tested at a final gross rate of 20.6...
Buru Energy Spuds Sunbeam-1 Exploration Well in EP 129
Australia >> 1/27/2015 - Buru Energy has advised that drilling operations on the Sunbeam-1 well commenced at 19:30 hours on 25 January 2015 (AWST) using DDH1 Rig 31. The Sunbeam-1 well is located in exploration permit EP 129,...
Kyzyloi Gas Production Contract 15-Year Extension
Kazakhstan >> 1/23/2015 - Tethys Petroleum Limited announced that its wholly-owned Kazakh subsidiary, TethysAralGaz LLP (TAG), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Kyz...
BPZ Energy Provides New Production from Albacora A-27D Well
Peru >> 1/22/2015 - BPZ Energy provided initial production rates from the Albacora A-27D development well at offshore Block Z-1. The Company holds a 51% participation in Block Z-1 and all referenced well production in t...

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