Friday, November 22, 2024

Oil Shows News

President Energy Strikes Oil in Argentina

UK-based oil and gas company President Energy President Energy has encountered oil in the third and final well of its current drill programme at the Puesto Flores concession in Argentina.Well PF0 1005 has been drilled, logged…

DNO Makes Cretaceous Oil Discovery at Peshkabir

Genel Energy plc informs that an announcement has been made this morning by DNO ASA, as operator of the Tawke licence (Genel 25% working interest). The Peshkabir-2 well currently drilling on the Tawke PSC has discovered oil…

Tullow Oil Hits Oil in Kenya

Tullow Oil plc (Tullow) announces that the Cheptuket-1 well in Block 12A, Northern Kenya, has encountered good oil shows, seen in cuttings and rotary sidewall cores, across an interval of over 700 metres. Cheptuket-1 is the…

Roxi - Operational Update

Well 143, which was the first of the shallow wells for 2013, was spudded on 1 April 2013, on the MJ-F structure located towards the North of South Yelemes field at BNG. The total depth of the well is 2,750 meters. As previously reported two intervals at 2…

Chariot Oil & Gas Update on Mauritania Block

Chariot and its partners Cairn Energy and the SociétéMauritanienne des Hydrocarbures et de Patrimoine Miner ("SMHPM"), have secured a one year extension on the current exploration phase of the C-19 licence (55% Chariot (Operator), 35% Cairn, 10% SMHPM (carried interest)).

Premier Spuds Second Falklands Well

Premier reports that the Zebedee well (14/15b-5) in PL004b (Premier 36 per cent equity) discovered 81 feet of net oil-bearing reservoir and 55 feet of net gas-bearing reservoir. The well penetrated multiple targets in the…

Beach Energy's Western Flank Oil Discovery

Beach Energy Ltd informed that it had made a new Birkhead Formation oil discovery at Stanleys‐1 in PRL 171 (Beach 40% and operator, Drillsearch 60%). It has provided the following initial results from the first development…

Cardinal Energy: Fortune Lease Drilling Report

Photo courtesy of Cardinal

Cardinal Energy Group, Inc. (OTCQB: CEGX) said that 2 new wells have been drilled, logged, cased and cemented over the last two weeks on the Fortune Leases since the first CW Hendrick B #1 well was re-entered in early October of this year.

Ophir Makes Equatorial Guinea Gas Find

Ophir Energy plc announced that the Silenus East-1 well in Block R, Equatorial Guinea has resulted in a new gas discovery. The Silenus East-1 well was drilled by the Vantage Titanium Explorer drillship within the thrust belt area of Block R.

North Kendang-2 Drilling Completed

Salamander Energy plc announces that drilling operations on the North Kendang-2 exploration well (“NK-2”) in its operated South East Sangatta PSC have now been concluded. The well reached a total depth of 2,569 metres true…

Update on Roxi's Discovery at BNG

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the deep discovery at its flagship BNG asset. The BNG Contract Area is located in the west of Kazakhstan…

LGO Raises £7 million for Trinidad Investment

Leni Gas & Oil Plc (LGO) announced that the Company has raised £7 million before expenses, by way of a Company arranged placing of 200 million new ordinary shares ("the Placing Shares") at a placing price of 3.5p per share.

Offshore Indonesia Oil Exploration Progress by RH Petrogas

Located in shallow water depth of 32 meters, the Koi-2 appraisal well in the Salawati Kepala Burung PSC  Indonesia area has successfully reached its total vertical depth of 1,428 meters with analysis awaited, says RH Petrogas (RHP).