Rosneft: Delivers First Production Well for the East-Messoyakha Field
Rosneft and Gazprom Neft have completed early the project to build the first production well at the East-Messoyakha deposit, which is part of the Messoyakha cluster, the northernmost of the known Russian onshore oil fields. The project is part of the joint drilling program implemented by the two companies. The …
KazPetro Drilling Confirm Platinum Sponsorship of the 1st Kazakh Drilling Roundtable, taking place in Astana on the 17t September 2015
The organizing committee are proud to announce that JSC KazPetro Drilling, the largest onshore drilling company in Kazakhstan, have become a Platinum Sponsor to the upcoming KDR. Specialist from KazPetro Drilling will be taking part in the discussion across all of the roundtable technology sessions, discussing ways in which to …
Condor Petroleum: Spins Bit at KN-501 Primary Basin Well in Zharkamys West 1
Condor Petroleum Inc. is pleased to announce that drilling operations have commenced on the KN-501 Primary Basin well on the Company’s 100% owned Zharkamys West 1 Territory in Kazakhstan. The KN-501 Primary Basin well is targeting 67 mmboe unrisked mean prospective resources and is planned to reach a depth of …
Bashneft: H1 Results – Oil Production Up 12.4%
Oil production in Q2 2015 was 4,831 thousand tonnes, which is by 10.4% more than in Q2 2014. Strong growth of oil production in Q2 2015 was driven by 2,5% increase in production at brownfields — mainly due to commissioning of new wells and highly efficient geological and engineering operations …
ENOC: Dragon Oil Should Aim for 90,000 bopd Not 100,000 bopd
Emirates National Oil Company Ltd (ENOC) L.L.C., as majority shareholder in Dragon Oil Plc provides further detail on its future strategy for Dragon Oil and further clarity on operational aspects of the business. Key points · Whether or not Dragon Oil is delisted, ENOC no longer sees the need to …
Roxi Petroleum: Sidetracking Round Stuck Pipe at Deep Well A5
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Deep Wells Deep Well A5 The well was spudded in July 2013 and drilled to a total depth of 4,442 meters …
Tethys Petroleum: Provides AGR Energy Update and Pope Asset Management Share Subscription
Tethys Petroleum Limited is pleased to announce that, further to its announcement on July 1, 2015 in relation to the strategic collaboration with AGR Energy Holdings Limited (“AGR Energy”) and US$47.7 million financing (the “AGR Placing”), it has agreed with Pope Asset Management, LLC (“Pope”), the Company’s largest shareholder, that …
Tethys: To Continue Exclusive Period with AGR Energy, Board Won’t Pursue Nostrum Offer
Tethys Petroleum Limited refers to its announcement dated July 13, 2015 confirming the approach made earlier that day by Nostrum Oil & Gas PLC (“Nostrum”) to the board of directors of Tethys (the “Board”) regarding a possible offer for the entire issued share capital of Tethys (the “Possible Offer”). The …
Tethys: To Continue Exclusive Period with AGR Energy, Board Won't Pursue Nostrum Offer
Tethys Petroleum Limited refers to its announcement dated July 13, 2015 confirming the approach made earlier that day by Nostrum Oil & Gas PLC (“Nostrum”) to the board of directors of Tethys (the “Board”) regarding a possible offer for the entire issued share capital of Tethys (the “Possible Offer”). The …
Dragon Oil: Aiming for 100,000 bopd Average Daily Production in 2015
Dragon Oil plc, an international oil and gas exploration, production and development company, today issues the following trading statement, which includes an operational update and financial highlights for the six months’ period ended 30 June 2015. All information referred to in this update is unaudited and subject to further review. …