Uncategorized

Offshore Energy 2011

Offshore Energy again attracts leading companies to its two-day conference. IHC, Jumbo and Van Oord are among the confirmed speakers at Offshore Energy, Shell, GdF Suez and Chevron are invited. Conference delegates can choose from a wide range of separately bookable half-day conferences and brief topical sessions. This year the …

READ MORE →
Uncategorized

Dragon Oil Rig 40 commences drilling on the Dzheitune Lam 13 platform

Dragon Oil plc, an international oil and gas exploration and production company, announces that the Group has recently refitted the previously stacked Rig 40 and commenced drilling on the Dzheitune (Lam) 13 platform. The rig has spudded the Dzheitune (Lam) development well 13/160, the first of four wells planned to …

READ MORE →
Uncategorized

SOCAR Drilling Update for June 2011

SOCAR (except Joint Ventures and Operating Companies) conducted 10923 meters drilling works in June, 2011. Of this amount, development drilling made up 10687 m and exploration drilling – 236 m. As a whole, in January-June of 2011, SOCAR (except Joint Ventures and Operating Companies) conducted 78533 m drilling works including …

READ MORE →
Uncategorized

Frontera Resources Announces U.S. District Court Confirmation of $1.4 Million Arbitration Award

Fontera Resources Corporation, an independent oil and gas exploration and production company, today announced that its operating subsidiary in Georgia, Frontera Eastern Georgia Limited, has received a ruling from the United States District Court, Southern District of Texas, Houston District, that confirms its April 19, 2010 arbitration award in the …

READ MORE →
Uncategorized

Max Petroleum Production Test Results for ZMA-ET1

Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has begun testing of the ZMA-ET1 appraisal well in the Zhana Makat Field, successfully flowing 47 degree API oil at an equivalent rate of approximately 1,200 barrels of oil per …

READ MORE →
Uncategorized

Max Petroleum Drilling Update July 2011

Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the KZIE-1 exploration well on the East Kyzylzhar I prospect in Block E. Total depth of the well will be approximately 1,500 metres, targeting potential Jurassic and …

READ MORE →
Uncategorized

OPEC Oil Price

OPEC daily basket price stood at $112.68 a barrel Friday, 8 July 2011, compared with $110.76 the previous day

READ MORE →
Uncategorized

TGS NOPEC Announces New 2D Survey in Laptev and East Siberian Seas

TGS will commence acquisition of a new 7,700 km 2D survey in the Russian Arctic Sea. Data acquisition will begin in early August with 4,500 km in the Laptev Sea before the vessel moves to the East Siberian Sea to acquire an additional 3,200 km. The survey is in partnership …

READ MORE →
Uncategorized

Tethys Petroleum Update – Kazakhstan July 2011

Tethys Petroleum Limited today updated on the progress on its Kazakhstan oil exploration and appraisal activities. Work is currently concentrating on the testing of the AKD04 (Dero) and AKD05 (Doris) appraisal wells, and on the continued drilling of the KBD01 (Kalypso) exploration well. Following extensive flow periods and multi-rate testing …

READ MORE →
Uncategorized

Victoria O&G’s West Medvezhye Operational Update

Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration and development company with assets in Cameroon and the FSU, today provides an update on its appraisal and delineation programme in the West Medvezhye, (West Med) oil, gas and condensate licence area in Russia. – Estimated 400 million …

READ MORE →