Max Petroleum Third Successful Well Drilled in Uytas Field
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that the UTS-3 confirmation well in the Uytas Field has reached a total depth of 825 metres, with electric logs indicating a total of 31 metres of net oil pay in …
Shtokman income tax rate in the Murmansk Region will be set at 13.5%
in the course of the teleconference Mr. Dmitry Dmitrienko, Governor of the Murmansk Region and Mr. Alexei Zagorovskiy, Chief Executive Officer of the Shtokman Development AG (SDAG) discussed current issues of cooperation between SDAG and the Government of the Murmansk Region. The parties have underlined the importance of state support …
Exillon Energy Interim Results for the First Six Months of 2011 and Recent Drilling Update
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora and West Siberia, today issues its interim results for the first six months to 30 June 2011, and an update on recent drilling results. The financial and production data are for …
Baker Hughes Consolidates Consulting Services under Gaffney, Cline & Associates
Baker Hughes announced today the consolidation of its consulting services into Gaffney, Cline & Associates. Baker Hughes acquired several consulting companies – including Gaffney, Cline & Associates, EPIC and the consulting division of Helix RDS – in 2008 and 2009. The new organization brings together approximately 300 consultants, working in …
West Mailisu 2 Swabbing Equipment Delay
Caspian Oil & Gas Limited reports that after perforating Bed III with a shot over the interval 1785-1795.5m progress on its West Mailisu #2 well has been slowed by the unavailability of equipment. The West Mailisu #2 well is on Caspian’s 100%-owned West Mailisu licence in the Kyrgyz Republic, Central …
Eurasia Drilling Financial Results
Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, today released its Interim Consolidated Financial Results, prepared in accordance with US GAAP, for the six month period ended June 30, 2011. The reviewed 2011 Interim Consolidated Financial Statements for the six months ended June …
New KIOGE business programme ‘looks East’ in 2011.
Kazakhstan’s largest oil and gas trade event, KIOGE will launch a new business-focused conference programme this year on 6-7 October at the InterContinental in Almaty. A key topic of the programme is ‘Looking East’, which explores commercial prospects in the growing Chinese oil and gas market and provides an update …
ROGTEC talks to Pavel A. Kuleznev, Deputy Director for Development, PromTechService LLC, Tyumen, Russia
Pavel A. Kuleznev, Deputy Director for Development, PromTechService LLC, Tyumen, Russia. I represent my company in all external activities, including meetings, contracting, pricing, logistics and supply. My main roles are providing our customers with PromTech’s service and detailing the benefits of that service to potential customers, depending on their needs. …
Max Petroleum Drilling Commences at Sagiz West Prospect
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce an operational update of its activities in the Blocks A&E Licence area. Drilling Commences at Sagiz West Prospect Drilling has commenced at the SAGW-1 exploration well on the Sagiz West prospect in …
Caspian Oil and Gas West Mailisu 2 Update
Caspian Oil & Gas Limited reports that it has recovered the stuck cement string on its West Mailisu #2 well. The string became stuck when problems were encountered setting a cement plug to isolate Bed V from water-bearing sands, as reported on August 8. Caspian has perforated Bed III over …