Exploration Development 2005 P

03/14/2005 -- Reliance to explore Omani deepwater block
Reliance Industries Ltd., Mumbai, acquired exploration rights to one of the largest deepwater blocks in Oman, signing an exploration and production sharing agreement (PSA) on Mar. 12.
03/14/2005 -- ONGC has second deepwater gas find off India
India's state Oil & Natural Gas Corp. Ltd. is testing a second deepwater gas discovery in the Krishna-Godavari basin.
03/11/2005 -- Statoil increases investment estimate for Kristin
Statoil ASA has increased its investment estimate for the Kristin project in the Norwegian Sea by 1.4 billion kroner to 20.8 billion kroner.
03/10/2005 -- EnerGulf gets stake in block off Namibia
EnerGulf Resources Inc., Vancouver, BC, and National Petroleum Corp. of Namibia (Namcor) has entered into a memorandum of cooperation (MOC) to jointly explore, develop, and produce oil and gas in nonproducing Namibia, specifically on Block 1711, and for gas-to-liquids and related opportunities.
03/09/2005 -- Pakistan Rodho gas-condensate discovery proved
The Dewan Mushtaq Group of Pakistan tested a gas and condensate discovery at the Rodho-3 reentry on the 1,213-sq-km Safed Koh block in the Middle Indus basin.
03/09/2005 -- Melrose to explore Rhone Mediterranean acreage
Melrose Resources PLC, London, will seek partners to explore the 25,000-sq-km Rhone Maritime exploration permit in the Mediterranean off southeastern France.
03/08/2005 -- Spinnaker gets interest in Nigeria block
Ocean Energy Nigeria Ltd., a wholly owned subsidiary of Devon Energy Corp., Oklahoma City, has farmed out a 12.5% interest in OPL Block 256 to Spinnaker Exploration Co., Houston.
03/08/2005 -- ConocoPhillips inks Kebabangan field PSA
A joint venture of ConocoPhillips (East Malaysia) Ltd. 40% and Petronas Carigali Sdn. Bhd. 60% has signed a production-sharing agreement with Petronas for development of Kebabangan oil field off Sabah, Malaysia.
03/07/2005 -- CNOOC OKs Bohai Bay fields development
China National Offshore Oil Corp. (CNOOC) has approved Kerr-McGee China Petroleum Ltd.'s development of the CFD 11-3 and CFD 11-5 discoveries on Block 04/36 in Bohai Bay, China.
03/04/2005 -- PetroKazakhstan posts reserves, production hikes
PetroKazakhstan Inc., Calgary, targeted a 12.5% increase in production to 170,000 b/d in Kazakhstan in 2005 assuming timely receipt of regulatory approvals and the absence of marketing constraints.
03/02/2005 -- Firms find more heavy oil northwest of Edmonton
Calgary independents BlackRock Ventures Inc. and Talisman Energy Inc. are acquiring a $2.5 million 3D seismic survey over lands that contain a new heavy oil discovery in Alberta's Peace River area.
03/01/2005 -- CanArgo to evaluate 2003 discovery in Georgia Republic
CanArgo Energy Corp., Guernsey, Channel Islands, UK, plans to appraise its 2003 Manavi M11 indicated discovery in the Kura basin 45 km east of Tbilis, Georgia Republic, through two new wellbores this year.
02/28/2005 -- Notices issued for OCS Sales 194, 197
The US Minerals Management Service has issued final notices for Outer Continental Shelf Lease Sales 194 and 197, both scheduled Mar. 16.
02/28/2005 -- Statfjord late-life development approved
Statoil ASA and partners have received approval from the Norwegian government for late-life development of Statfjord oil field and the associated Tampen Link gas pipeline in the Norwegian North Sea.
02/25/2005 -- Coal measures yield gas at Perth basin wildcat
Arc Energy Ltd., Perth, reported a flow of 3.7 MMcfd of gas from Permian Irwin River coal measures at the Corybas-1 exploration well on Production License L2 in the northern Perth basin in Western Australia.
02/25/2005 -- Vessel due Agbami field off Nigeria
ChevronTexaco Corp., operator of the 1998 Agbami discovery in deep water off Nigeria, let a contract to Daewoo Shipping and Maritime Engineering Corp. for a 7-billion-kroner production and storage ship to be used in the field's development.
02/25/2005 -- Pakistan awards Eni PSAs in Indus Delta
Pakistan executed production-sharing agreements Feb. 25 with Eni Pakistan Ltd. for two offshore blocks in the Indus Delta: Block No. 2366-4 (Offshore Indus-M) and Block No. 2366-5 (Offshore Indus-N)—each covering 2,500 sq km.
02/25/2005 -- Sumitomo buys 10 GOM blocks, boosting US presence
Japan's Sumitomo Corp. acquired stakes in 10 oil and gas blocks off Louisiana as part of an effort to boost its presence in the US as a producer and retailer of natural gas.
02/25/2005 -- Indian firms invited to South Pars work
Iran has extended an official invitation to Indian oil and gas companies to participate in development of giant South Pars natural gas field off Iran.
02/25/2005 -- North West Shelf Venture lets contract for Angel field development
Woodside Energy Ltd., operator of the North West Shelf Venture, let a front-end engineering and design contract for development of Angel gas-condensate field off Karratha in Western Australia.

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Exploration Development 2005 P