Roxi Petroleum Logging Results of NK-9
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that well NK-9 spudded on 27 October 2011 has reached a total depth of 1,505 metres on 16 November 2011. The preliminary interpretation of wireline logging indicates that the well encountered oil bearing …
Meeting with NGOs on Environmental Safety during Shtokman Field Development
Shtokman Development AG (SDAG) and Russian office of the World Wildlife Fund (WWF-Russia) initiated a working meeting in Moscow on environmental safety during Shtokman field development. The main consultant for SDAG on environmental studiesis – FRECOM and the main consultant of SDAG on Hydrocarbon Spill studies- “Informatika riska” took part …
Tethy’s Petroleum Sign Uzbek MOU
Tethys Petroleum Limited today announced it has signed a Memorandum of Understanding (“MOU”) with the Uzbek State oil and gas company, National Holding Company “Uzbekneftegaz” (“UNG”) establishing a programme for Tethys to obtain two new Production Enhancement Contracts (“PECs”) on two existing oilfields in Uzbekistan. The MOU represents an agreed …
Max Petroleum – East Kyzylzhar I Field Begins Production as the Company Hits Record Daily Production Rate of 5,625 BOPD
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce a production update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. The Company began testing the KZIE-1 discovery well in the East Kyzylzhar I Field, flowing …
Phase 1 facilities of the Shtokman project could reach up to 400 billion U.S. dollars of socio economic benefits
The annual International Forum “Gas of Russia – 2011” was held on November 15 in Gazprom Headquarters. The goal of the Forum was to discuss the issues related to the current status of innovation development and international cooperation in the gas sector. Alexey Zagorovskiy, CEO of “Shtokman Development AG” (SDAG), …
Tethys Petroleum – Kazakh AKD06 well flows over 4,300 barrels of oil per day
Tethys Petroleum Limited today announced that the Cretaceous sand interval on the AKD06 Doris appraisal well had tested oil at a rate of over 4,300 barrels of oil (“bopd”) per day. “This is a very successful appraisal of the Doris discovery and once again shows the good flow potential of …
Tethy’s Petroleum Third Quarter 2011 Financial Results and Operational Update
Tethys Petroleum Limited today announced its third quarter 2011 financial results. The results are highlighted by a 116% increase in production revenues over the third quarter of last year. The Company reports financial results in accordance with International Financial Reporting Standards (“IFRS”). Q3 HIGHLIGHTS — The average oil and gas …
Max Petroleum Interim Results
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, today announces its interim results for the six months ended 30 September 2011. A summary of the Group’s financial and operational highlights are as follows: Financial Highlights Revenue of US$24.4 million during the six months ended …
Exillon Energy Production Update Nov 2012
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of October 2011 (“the Period”). · Average daily production[1] for the Group reached 9,935 bbl/day …
RBG LAUNCHES IBOLT SOFTWARE TO IMPROVE FLANGE MANAGEMENT SAFETY
RBG, the leading provider of assess, inspect and repair (AIR) services to the global energy industry that was recently acquired by Stork Technical Services, has launched its new ‘iBolt’ flange integrity management software that improves the safety, efficiency and cost-effectiveness of bolting operations. The easy to use, web-based system provides …