Exploration News

Colombia Could Create New System for Oil Round Bidding Amid Delays
Colombia >> 7/24/2018 - Colombia is preparing changes to its bidding process for oil areas in an effort to increase investment and find new reserves, the head of the oil regulator said, after repeated cancellations of its la...
Mexico Shelves Oil Auctions until after Leftist Leader Takes Office
Mexico >> 7/18/2018 - Mexican oil auctions originally set for later this year will be postponed until February, Mexico’s oil regulator announced on Wednesday, allowing time for leftist President-elect Andres Manuel Lopez O...
Apache Signs $9B Exploration Deal in Egypt's Western Desert
Apache Signs $9B Exploration Deal in Egypt's Western Desert Egypt >> 7/18/2018 - United States oil and gas producer Apache Corporation signed a $9 billion deal with Egypt's Ministry of Petroleum to explore and produce oil and gas in the Western Desert, the ministry said in a state...
Carnarvon Announces Significant Oil Discovery at Dorado-1
Australia >> 7/18/2018 - Carnarvon Petroleum Limited confirms that the QuadrantCarnarvon Joint Venture has made a significant oil discovery in the Caley Member as part of the current Dorado-1 well drilling campaign. ...
Andalas Provides Operations Update on Southern North Sea Licence P2112
United Kingdom >> 7/16/2018 - Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company has provided an update following the completion of its acquisition of its interest in Eagle Gas Limited (“Eagle”),...
Interior Announces Region-wide Oil and Gas Lease Sale for Gulf of Mexico
United States >> 7/12/2018 - In support of President Donald J. Trump's America-First Offshore Energy Strategy, Deputy Secretary of the Interior David Bernhardt announced that the Bureau of Ocean Energy Management (BOEM) will offe...
Premier Oil Announces Trading & Operations Update
Indonesia >> 7/12/2018 - Premier Oil has provided an update on recent operational activities and guidance in respect of its half year financials to 30 June 2018. ...
Signing 3 Agreements for Exploration in Sinai and Gulf of Suez
Signing 3 Agreements for Exploration in Sinai and Gulf of Suez Egypt >> 7/11/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, highlighted the importance of signing new petroleum agreements, as the main pillar of the petroleum activities. He mentioned that 83 n...
Providence Provides Update on FEL 6/14 - Site Survey Completed
Ireland >> 7/11/2018 - Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company, provides an update on Frontier Exploration Licence (“FEL”) 6/14 that contains the Newgrange Prospect. FEL 6/14 is operated b...
Kunama Oil Discovery and Exercise of Drilling Rig Option
Niger >> 7/11/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce the result of the Kunama-1 exploration well as an...
Triangle Energy Identifies Near Field Exploration Targets within the Cliff Head Oil Field
Australia >> 7/10/2018 - Triangle Energy has announced that the recently completed Static Model reveals up to 29 million barrels (unrisked, best estimate, evaluation date 2 July 2018) of prospective oil initially-in-place (OI...
UK Launches 31st Offshore Licensing Round
United Kingdom >> 7/10/2018 - The Oil and Gas Authority (OGA) has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf (UKCS), supported by government-funded data to stimulate i...
Equinor Receives Consent for Exploration Drilling in Block 7132/2 in the Barents Sea
Norway >> 7/10/2018 - Norway's Petroleum Safety Authority has given Equinor consent for exploration drilling in Block 7132/2 in the Barents Sea. The consent covers drilling of exploration well 7132/2-1 in production licenc...
Eni Finds 2nd Oil Discovery in Egyptian Western Desert
Eni Finds 2nd Oil Discovery in Egyptian Western Desert Egypt >> 7/9/2018 - Eni announces a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa. ...
Ecopetrol Hits Oil and Dry Gas in Cundinamarca
Colombia >> 7/5/2018 - Ecopetrol reports that Bufalo-1 well confirmed the presence of oil in the Valle Medio del Magdalena, located near the town of Guaduas, Department of Cundinamarca. ...
CUPET to Launch Bid round in December 2018
Cuba >> 7/3/2018 - La Union Cuba-Petroleo (CUPET) will launch a formal bid round at the 2nd Cuba Energy, Oil and Gas Conference taking place between 4-7th December 2018 at the Melia Cohiba, Havana. ...
88 Energy Provides Update on Testing at Icewine-2 Well North Slope of Alaska
United States >> 7/2/2018 - 88 Energy Limited provides the following update related to the testing of its Icewine#2 well, located on the North Slope of Alaska. ...
Eni Makes New Oil Discovery Offshore Angola
Angola >> 6/25/2018 - Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 million barrels of light...
Eco Granted Extension on the Tamar Block (PEL50), Offshore Namibia
Namibia >> 6/25/2018 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce that it has been granted a one-year e...
Hess Announces Eighth Oil Discovery Offshore Guyana
Guyana >> 6/20/2018 - Hess Corporation (HES) announced an eighth oil discovery offshore Guyana at the Longtail-1 exploration well, creating the potential for additional resource development in the southeast area of the Sta...

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