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Exploration Development 2005 P12

  • 06/07/2005 -- Oman awards Circle Oil Block 49 E&P rights
    Oman signed an oil and gas exploration and production agreement June 6 with Ireland's Circle Oil PLC to explore in southwestern Oman on the 15,439 sq km Block 49 in Dhofar province.
  • 06/06/2005 -- First Calgary taps oil and gas in Algeria
    First Calgary Petroleums Ltd. (FCP), Calgary, has cased as a potential oil and gas well the ZCHW-1 on Rhourde Yacoub Block 406a in Algeria.
  • 06/06/2005 -- Pakistan awards PEL exploration licenses
    Pakistan has granted two petroleum exploration licenses to Pakistani independent Petroleum Exploration (Pvt.) Ltd. (PEL): No. 352/PAK/2005 over the 2,425.96 sq km New Larkana district in Sindh Province and No. 326/PAK/2005 over the 724.42 sq km Karsal area in Punjab Province.
  • 06/03/2005 -- Horizon farms into Gulf of Thailand blocks
    Horizon Oil Ltd., Sydney, has farmed into two permits in the Gulf of Thailand operated by Pearl Energy Ltd.
  • 06/02/2005 -- Statoil spuds Tulipan wildcat off Norway
    Statoil ASA has spudded the first exploration well in its Tulipan prospect on Block 6302/6 in the Norwegian Sea.
  • 06/02/2005 -- Bidding brisk in India's NELP-V round
    The Indian government has received 69 bids from 48 companies for 20 blocks under the fifth round of the New Exploration Licensing Policy (NELP-V).
  • 06/01/2005 -- Japan, China boundary dispute lingers
    Japan has rejected a proposal by China for joint development of gas fields in the East China Sea, but both sides have agreed to further talks on their disputed maritime boundary in an effort to reduce tensions.
  • 05/27/2005 -- Appraisals for Ramin, Balal fields under way, NIOC says
    NIOC managing director Mehdi Mirmoezzi told news media May 24 that appraisal operations currently are under way in Ramin oil field in northeastern Ahvaz and in the gas layer of Balal oil field.
  • 05/27/2005 -- MMS receives bids on Eastern GOM Sale 197
    The Minerals Management Service received $6,595,753 for 10 leases it awarded in its Mar. 16 Sale 197 in the Eastern Gulf of Mexico.
  • 05/27/2005 -- Vaalco's South Avouma well reaches total depth
    Vaalco Energy Inc., Houston, operator of Etame Marin permit off Gabon, has reached TD on the South Avouma satellite EAVSM-1 exploration well, reported partner PanOcean Energy Corp. Ltd.
  • 05/27/2005 -- Aaiun basin off Western Sahara open for licensing
    The Saharawi Arab Democratic Republic has promulgated an international licensing round to cover 12 blocks in the Atlantic Ocean off disputed Western Sahara in northwestern Africa.
  • 05/26/2005 -- Serica prepares to drill block in Java Sea
    Serica Energy Corp., Toronto, has requested tenders for a rig to drill on its Biliton Block in the Java Sea in late 2005 or early 2006. The block is between Java and Kalimantan.
  • 05/26/2005 -- PTTEP, partners make discovery off Vietnam
    A group including Thailand's PTT Exploration & Production PLC (PTTEP) has made an oil and gas discovery on Block 9-2 off southern Vietnam.
  • 05/26/2005 -- Baraka signs MOU for property off Morocco
    Baraka Petroleum Ltd., Perth, has signed a memorandum of understanding (MOU) with Moroccan national oil company Office Nationale de Recherches et d'Exploitations Petrolieres (ONAREP) for the right to examine the undeveloped Cap Juby oil discovery off Morocco.
  • 05/25/2005 -- Israel onshore wildcat approaches target
    Zion Oil & Gas, Dallas, was drilling below 11,571 ft on May 25 at a wildcat reentry projected to Triassic carbonates in northwestern Israel.
  • 05/20/2005 -- Azerbaijan approves three onshore PSAs
    Azerbaijan President Ilham Aliyev has approved three production-sharing agreements (PSAs) for onshore oil fields.
  • 05/19/2005 -- PetroChina, Shell plan Changbei development
    PetroChina Co. Ltd. and Shell China Exploration & Production Co. Ltd. have signed letters of intent for development of Changbei natural gas field in Shaanxi Province and the Inner Mongolia Autonomous Region in China.
  • 05/18/2005 -- ENI tests oil, gas in Tunisian wildcat
    ENI Tunisia BV has discovered oil and gas in the Nour-1 exploration well on the Adam concession in southern Tunisia, reported Paladin Resources PLC, which holds a 7% interest in the concession.
  • 05/17/2005 -- Large extension developing at Colombia's Orito oil field
    A Canadian operator will drill 2-3 more wells this year to exploit a sizable southwestern extension of Orito oil field in the Putumayo basin.
  • 05/16/2005 -- CNPC to develop oil and gas in Uzbekistan
    Chinese National Petroleum Co. (CNPC) plans to invest $600 million in oil and gas development in Uzbekistan, according to a senior manager of state-owned Uzbekneftegaz.

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