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Exploration News

Jupiter Energy Announces Kazakhstan Operations Update
Kazakhstan >> 2/19/2015 - The Board of Jupiter Energy, the Kazakhstan-focused oil exploration and production company, provides shareholders with the following Operations Update. ...
GeoPark Provides New Oil Field Discovery in Colombia
Colombia >> 2/18/2015 - GeoPark Limited announces a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Colombia. GeoPark operates and has a 45% working interest in th...
Genie Spuds First Exploratory Well in Northern Israel
Israel >> 2/17/2015 - Genie Energy Ltd., an oil and gas exploration company and retail energy provider, said that its Afek subsidiary has spudded its first exploratory well in the Golan Heights region of Northern Israel. T...
China Considering Merging State Oil Firms to Better Compete
China >> 2/17/2015 - China’s leadership is exploring ways to consolidate the country’s oil industry, creating new national champions able to take on the likes of Exxon MobilCorp. and operate more efficiently as prices sli...
PetroNova Provides Operational Update
Colombia >> 2/16/2015 - PetroNova Inc., a company engaged in the exploration and development of oil and natural gas resources in Colombia, today provided an operational update for its CPO-13 and Tinigua Blocks, in which Pet...
Ecopetrol to Drill 3 Wells After Cutting Offshore Drilling Budget
Colombia >> 2/13/2015 - Colombia's state-run oil producer Ecopetrol will drill three offshore wells this year, two off its Caribbean Coast and a third in the Gulf of Mexico, after slashing its offshore exploration budget to ...
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 ...
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...
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. ...
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...

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