Condor Petroleum Inc. provides update on its Shoba 7 Appraisal Well
Condor Petroleum Inc. provides an update on its Shoba 7 appraisal well (the “Well”) at the Zharkamys West 1 Contract Territory (the “Zharkamys Territory”) in Kazakhstan. The Well was drilled to core point at 730 meters. While tripping out of the hole for core barrels, an uncontrolled gas influx occurred in the …
Zhaikmunai to Acquire Neighbouring Oil & Gas Fields
Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise with assets in north-western Kazakhstan announces that, on 17 August 2012, Zhaikmunai LLP signed Asset Purchase Agreements to acquire 100% of the subsoil use rights related to three new oil & gas fields in Kazakhstan. Completion of the acquisitions, …
Tengizchevroil Adopts Tenaris´ Dopeless® Technology for Projects in Kazakhstan
Tengizchevroil, a joint venture between Chevron, KazMunaiGas, ExxonMobil and LukArco, has chosen TenarisHydril ER™ connections with Dopeless® technology on 13 3/8” casing for its developments in the Tengiz field in Western Kazakhstan The company decided to migrate from API BTC connections to ER™ Dopeless®connections due to the operational benefits, especially the simplicity of …
Roxi Petroleum: Spuds NK-13
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz Contract Area. NK-13 well was spudded on 28 May 2012. The well is planned to drill to a total depth of 1400 metres to appraise …
Tethys Petroleum: Kazakhstan Oil Resource Upgrade
Tethys Petroleum is pleased to announce it has received an updated oil Resource Report for its Kazakhstan assets that estimates gross unrisked recoverable mean prospective oil resources of 1.17 billion barrels of oil. The resource report also shows a substantial amount of prospective gas resources. Key Points: Mean unrisked recoverable …
Roxi Petroleum: 2011 Year Review
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces its preliminary results for the year ended 31 December 2011. Financial Highlights 2011 • Loss after taxation of US $ 9.4 million • Completion of US $ 50 million Galaz farm-out with LGI • Cancellation of …
Max Petroleum: NUR-1 Sidetracking Frees Stuck Tool
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The Company has successfully sidetracked the well around drilling tools that became stuck in early April. After setting intermediate …
Roxi Petroleum: Spins Bit at NK-7
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-7 well was spudded at 00:00hrs (local time) on 25 April 2012. This appraisal well is planned to drill to a total depth of 1400 metres and is targeted to encounter …
Tethys Secures Exploration Upside
Tethys Petroleum announced it has received permission for the extension of the Akkulka Exploration Contract in Kazakhstan where the Company is currently appraising the high potential Doris oil discovery and also where it has several exciting exploration targets. Key Points: Two year extension to comprehensively appraise Doris commercial oil discovery …
KMG EP Announces Operating Results for the First Quarter of 2012
JSC KazMunaiGas Exploration Production announced that in the first three months of 2012 it produced 3,029 thousand tonnes of crude oil (249kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) which is 143 thousand tonnes or 5% less than in the same period of 2011. Uzenmunaigas …