-- Malaysia Talisman Malaysia Ltd. reported its South Angsi No. 1 well discovered oil in Block PM-305 in two reservoir intervals, which will result in Talisman's second producing production-sharing contract in Malaysia.
-- US producers report plentiful prospects as rig count rises With US drilling activity still on the rise, independent producers have enough good prospects to grow natural gas production over the next 3 years, if wellhead prices remain above $4/Mcf, said James Stone, an oilfield services analyst at UBS Warburg LLC, New York, in a Friday conference call.
-- Statoil installs Kvitebjørn topsides Statoil installed the 11,000 tonne Kvitebjørn platform topsides on the field in the North Sea Friday, following a weather delay in April. The topsides are on a 220-m tall, two-section steel jacket, installed by the Saipem 7000 crane ship.
-- India launches fourth round of exploration licensing India has initiated a new exploration program, offering 24 blocks in both proven and highly prospective areas, including ultradeepwater blocks for the first time. Areas under the NELP (New Exploration Licensing Policy) IV round include 11 onshore blocks, 1 block offshore in shallow water, and 12 deepwater blocks.
-- The Netherlands Danish authorities awarded privately owned Denerco Oil AS a 50% interest and operatorship of two North Sea exploration licenses, F9 and G7, covering 500 sq km adjacent to a large German license that Denerco also operates.
-- Atlantic Canada TGS-NOPEC Geophysical Co. said it received all needed federal and provincial authorizations to begin acquisition of its 2003 multiclient 2D seismic survey campaign off Newfoundland and Nova Scotia.
-- Tartan: Silver Oak No. 1 well's Lower Carneros interval noncommercial Calgary-based Tartan Energy Inc. reported that it's test of the Lower Carneros interval of its Silver Oak No.1 well in Bakersfield, Calif.the first interval effectively tested on the wellhas determined the presence of oil and natural gas, but not at economic rates.
-- Libya awards six land, offshore Libya National Oil Corp. of Libya has contracted Repsol-YPF SA of Spain, as operator, and partner OMV AG of Austria to undertake the exploration of six blocks onshore and off Libya.
-- Montenegro Ramco Energy PLC, Aberdeen, UK, raised $6.5 million through a private stock placement that it plans to use for its share of an exploration program on the 3,100 sq km Ulcinj block in the Adriatic Sea.
-- Kerr-McGee acquires deepwater E&P licenses off Bahamas Two affiliates of Kerr-McGee Corp., Oklahoma City, acquired 100% interest in nine oil and gas exploration and production licenses in the Blake Plateau basin about 100 miles north of Freeport, Grand Bahamas Island, company officials said Thursday.