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 …
HALLIBURTON LEADER IN UNCONVENTIONAL RESOURCE DEVELOPMENT IN NORTH AMERICA COMPLETES FIRST HORIZONTAL SHALE GAS WELL IN ARGENTINA AND SOUTH AMERICA FOR APACHE
Halliburton has successfully executed the first horizontal, multistage hydraulic fracture shale gas completion in Argentina’s Neuquén Basin for Apache. Halliburton provided all major well construction and completion services for the project, resulting in the successful delivery of South America’s first horizontal and deepest shale gas well. As global development of …
Alliance Oil Financial Results and Outlook August 2011
Dear Shareholders, During the second quarter of 2011, the market conditions for crude oil further improved. In turn, the oil products market faced higher costs and new fiscal initiatives. The price of Urals increased by more than 12% quarter-on-quarter. The Russian Ruble strengthened against the US Dollar. Demand for oil …
Spectraseis Wins $3.6 Million Investment From Credit Suisse
New funding for high-sensitivity broadband data acquisition systems for microseismic fracture and fluid mapping, and to expand the company’s state-of-the-art GPU-based computing. Spectraseis today announced that it has received new investment funding of CHF 2.8 million ($3.6 million) from SVC-Ltd, a fully owned subsidiary of Credit Suisse Group. The investment …
WesternGeco Commences 3D Survey in Barents Sea
Bjørnøya Ice Bear Survey Builds on Successful Multiclient Program in Barents Sea WesternGeco announced today that it has begun acquisition of the Bjørnøya Phase I “Ice Bear” 3D multiclient survey in the highly prospective West Loppa area of the Barents Sea. Following previous surveys in the area, the Ice …
Matra Petroleum Operations update on the Sokolovskoe Field
Matra, an independent oil and gas exploration and production Company with operations in Russia, announces an update on its operations and plans in the Sokolovskoe Field, Russia. Current Operations Well-12 Well-12 has suffered from a build-up of wax in the tubing and an increase in water cut to 70% and …