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Exploration News

Brazil to Hold Oil Rights Auction in 1st Half of 2015
Brazil >> 9/15/2014 - Brazil will hold a 13th round of oil rights auctions in the first half of next year in a sale that will include new areas in the country's promising Eastern Margin offshore region, a senior mines and ...
U.S., EU Ready New Sanctions to Stop Oil Exploration in Russia
Russia >> 9/10/2014 - The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world's largest energy companies including Exxon Mobil Corp and BP Plc, U.S. government source...
Block 09/05 Exploration Drilling Update
China >> 9/10/2014 - Roc Oil Company, a wholly owned subsidiary of Roc Oil Company Limited, as operator of Block 09/05, Bohai Bay, Offshore China has drilled the QK11-1-1 well to a total depth of 4,377m meters MD and 3,86...
SOCAR Issues Tender for 600bcm of Two Caspian Sea Gas Deposits
Azerbaijan >> 9/10/2014 - Azerbaijan state energy company SOCAR has issued a tender for the joint exploration of two major gas deposits in the Caspian Sea with total preliminary reserves of about 600 billion cubic metres (bcm)...
Kuwait Energy Discovered Oil in Iraq Block 9
Kuwait Energy Discovered Oil in Iraq Block 9 Iraq >> 9/10/2014 - Kuwait Energy (70% and operator) and Dragon Oil (30%) has made its first oil discovery at 'Block 9', Iraq. The successful discovery was at the consortium's first target, the Mishrif formation at 2,700...
Roxi Update on the Deep Discovery at BNG & Galaz
Kazakhstan >> 9/8/2014 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the deep discovery at its flagship BNG asset plus updates for the shallow w...
Canning Basin SPA 17 AO - Work Commitment Complete
Australia >> 9/5/2014 - Oilex Ltd has received the final interpretation report for the 4,060 line km gravity gradiometry/magnetic survey (Survey) data conducted over SPA 17 AO (formerly STP-SPA-0055). Under the terms of the ...
Global Provides Namibia Update
Namibia >> 9/4/2014 - Global Petroleum Limited through its wholly owned subsidiary, Jupiter Petroleum (Namibia) Limited, has agreed with the Namibian Ministry of Mines and Energy ('MME') a 12 month extension of the Initia...
Lukoil Encounters Oil & Gas at its CTPDW Offshore Ghana
Ghana >> 9/3/2014 - Lukoil Offshore said it found high showings of oil and gas at its Cape Three Points Deep Water block off the coast of Ghana and the Energy Minister said Lukoil was in a 90-day period of testing whethe...
Sonatrach Makes 18 Hydrocarbon Finds in 2014
Algeria >> 9/2/2014 - Thirteen finds were made during the six first months of 2014, seven of which are relating to oil and six to gas, in the basins of Berkine, Illizi, and Oued Mya, around the fields of Hassi Messaoud, as...
Oil and Gas Exploration in the Northwestern Coast
Egypt >> 9/1/2014 - Three international companies won the international tender raised by the Egyptian Natural Gas Holding Co. (EGAS) last month. This tender is to conduct a survey to search for oil and gas region in nort...
Algeria Delays Oil Bids to September 30
Algeria >> 8/28/2014 - Algeria has accepted a request by foreign energy companies to push back the opening of bids for its new oil and gas round to the end of September, the second delay since the launch of bidding, energy ...
Inaugural Meeting of Comoros PSC Executive Committee
Comoros >> 8/27/2014 - Government of the Union of the Comoros (the “Government”) Bahari Resources Limited (Bahari) Discover Exploration Limited (Discover) Inaugural meeting of the PSC Executive Committee Moroni, Union of th...
Circle Oil Finds Discovery on EMD-1 Well
Tunisia >> 8/26/2014 - Circle Oil Plc, the Middle East and Africa focused oil and gas exploration, development and production company, is pleased to announce the preliminary results of drilling of the well EMD-1 in the Mahd...
Ivanhoe Energy to Terminate Ecuador Contract
Ecuador >> 8/26/2014 - Petroamazonas oil company is in the process of terminating a contract with Canada's Ivanhoe Energy, officials said. Ivanhoe has held a 30-year oil exploration contract in Ecuador's Amazon jungle, at a...
Shell Announces Marjoram-1 Gas Discovery in Malaysia
Malaysia >> 8/26/2014 - Shell announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well. ...
YPF Makes Oil and Gas Discovery in Patagonia
Argentina >> 8/24/2014 - Argentine state-controlled oil company YPF had struck oil and gas at a drill in Patagonia. The find has potential production of 200,000 cubic meters of gas and 370 barrels of oil per day, the company ...
YPF Extends Energy Deal with China's Sinopec to 2027
Argentina >> 8/22/2014 - Argentina's state energy company YPF and a subsidiary of China's Sinopec Group agreed to extend their joint oil exploration and development projects in the western Argentine province of Mendoza until ...
Santos Finds Significant Gas-condensate Discovery in Australia
Australia >> 8/22/2014 - Santos announced a significant gas-condensate discovery at the Lasseter-1 exploration well in WA-274-P, located in the Browse Basin offshore Western Australia. ...
Simba Updates Data Room with FTG Results for Block 2A
Kenya >> 8/22/2014 - Simba Energy Inc. (Simba) is pleased to report that following positive results of the Company’s most recent FTG (Full Tensor Gradiometry) survey and final report by Bell Geospace, the Company has reop...

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