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General Interest 2004 P3

  • 03/09/2004 -- Shell reports important oil discovery off Sabah, Malaysia
    Royal Dutch/Shell Group subsidiary Shell Malaysia Exploration and Production has reported what it is calling "an important oil discovery" on deepwater Block J in water northwest of Sabah, Malaysia.
  • 03/17/2004 -- Central Gulf of Mexico lease sale draws the most bids in 6 years
    Central Lease Sale 190 for federal oil and natural gas leases off Louisiana, Mississippi, and Alabama drew top bids totaling $368.8 million out of total offerings of $636.8 million by 83 companies Wednesday in New Orleans.
  • 03/05/2004 -- Oxy to renew Peruvian exploration program on Block 64
    Occidental Exploradora del Peru Ltda., a unit of Occidental Petroleum Corp., is preparing to begin exploration work on Block 64 in the Marañon basin after reaching an agreement with a sector of Ashuar Osham communities in the area.
  • 03/02/2004 -- ExxonMobil strikes more oil in deepwater Block 15 off Angola
    ExxonMobil Corp. unit Esso Exploration Angola (Block 15) Ltd., operator of Block 15 off Angola, has made the 17th oil strike on the block, with the Bavuca-1 well.
  • 04/28/2004 -- White House removes most economic sanctions against Libya
    As had been widely anticipated by industry, US President George W. Bush Apr. 23 removed most—although not all—economic sanctions against Libya. Bush cited the country's efforts against terrorism and rejection of weapons of mass destruction as factors in his decision to lift the 18-year-old penalties.
  • 04/26/2004 -- Local militants attack Chevron Nigeria crew in Niger Delta
    Two US workers, contracted with ChevronTexaco Corp.'s Nigerian subsidiary, and five other people were killed Apr. 23 when the boat they were using to visit oil fields in the Niger Delta was attacked by local militants.
  • 04/22/2004 -- US sanctions against Libya could be lifted soon
    US President George W. Bush appears poised to remove, possibly as soon as this month, certain unilateral sanctions against Libya so that US-based oil companies can make or expand investments there, government and industry sources said.
  • 04/27/2004 -- Berry Petroleum names interim president, CEO
    Robert F. Heinemann, current chairman of the board, Berry Petroleum, Bakersfield, Ca., has been named interim president and CEO.
  • 04/06/2004 -- Berry Petroleum names chairman of the board
    Berry Petroleum Co., Bakersfield, Calif., named Robert F. Heinemann chairman of the board.
  • 04/16/2004 -- El Paso sells portion of Australian pipeline assets, continues divestment plan
    Houston-based El Paso Corp. Monday signed an agreement to sell its one third interest in a portion of its Australian pipeline holdings for $48 million to Hastings Funds Management Ltd., an Australian infrastructure and alternative investment management firm.
  • 04/12/2004 -- Pengrowth acquires Canadian properties from Murphy Oil
    Pengrowth Corp. Calgary, administrator of Pengrowth Energy Trust, agreed to acquire oil and natural gas assets in Alberta and Saskatchewan from a subsidiary of Murphy Oil Corp. for $550 million (Can.) through the purchase of shares in a numbered Alberta corporation.
  • 04/22/2004 -- El Paso reduces interest in GulfTerra-Enterprise merger, achieves debt-reduction goal
    El Paso Corp. has amended its agreements relating to the proposed merger last December of GulfTerra Energy Partners LP and Enterprise Products Partners LP, reducing its interest as a general partner even more in exchange for $370 million in cash.
  • 04/14/2004 -- Dominion makes oil discovery at Goldfinger prospect
    Dominion Exploration & Production Inc., a unit of Richmond, Va.-based Dominion, made an oil discovery at its Goldfinger prospect on Mississippi Canyon Block 771 in the deepwater Gulf of Mexico.
  • 04/16/2004 -- GDF Britain, partners make gas discovery
    GDF Britain Ltd., operator, and its two partners have suspended a Monroe natural gas discovery as a potential producer in the Caister Murdoch System (CMS) in the UK sector of the North Sea.
  • 04/02/2004 -- Petro-Canada to negotiate PSC for Syrian gas development project
    Petro-Canada, Calgary, and partners Occidental Petroleum Corp. and London-based Petrofac Ltd. are negotiating a production-sharing contract with the Syrian Ministry of Petroleum and Mineral Resources to develop gas reserves in Syria's Palmyra area for use in the country's power generating markets.
  • 04/23/2004 -- Oxy extends Colombian contract
    Occidental Petroleum Corp. signed an agreement with Colombia's national oil company, Ecopetrol, to extend Oxy interest in the Cravo Norte association contract for operation of Colombia's second largest oil field at Caño Limón.
  • 04/22/2004 -- Total unit makes second discovery on deepwater Angola Block 32
    Total Exploration & Production Angola (Block 32) Ltd. (TEPA), operator of deepwater Block 32 off Angola, has made a second oil discovery on the block.
  • 04/20/2004 -- Development plans for Atlantic, Cromarty North Sea fields finalized
    Amerada Hess Corp. and BG Group have made final plans for the development of the Atlantic and Cromarty gas and condensate fields in the North Sea.
  • 04/05/2004 -- Analyst: Land drilling driving US day rates higher
    US land drillers and related services increasingly are benefiting from strengthening oil and natural gas prices, Raymond James & Associates Inc. reported.
  • 06/22/2004 -- Williams proposes pipeline expansion in northeast
    Williams Cos., Tulsa, has called a 30-day open season to determine shipper interest in a $180 million expansion of its Transco natural gas pipeline system from Leidy, Penn., to delivery points in New York and New Jersey.
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