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Exploration Development 2006 P5

  • 03/13/2006 -- ExxonMobil unit to operate Cepu Block
    Indonesia's state-run PT Pertamina will sign an agreement with ExxonMobil Indonesia on Mar. 15 for operation of the Cepu Block, according to company Pres. Ari Soemarno.
  • 12/29/2006 -- Statoil discovers dry gas off eastern Venezuela
    Statoil ASA has found dry gas within three intervals drilled in its Cocuina-2X exploration well on Block 4 of Plataforma Deltana, off eastern Venezuela (OGJ, Sept. 4, 2006, Newsletter).
  • 12/29/2006 -- Petroceltic makes gas find in eastern Algeria
    Petroceltic International PLC, Dublin, said two wells have confirmed the potential to commercially exploit shallow, laterally extensive hydrocarbon reservoirs on part of the 10,872 sq km Isarene permit in the Illizi basin in eastern Algeria.
  • 12/29/2006 -- Petrobras declares 19 Brazilian areas commercial
    Petroleo Brasileiro SA (Petrobras) has determined commercial viability for another 16 offshore and 3 onshore areas in three basins within southeastern Brazil.
  • 12/29/2006 -- DNO schedules Yemen production tests next year
    Norway's DNO ASA will start another round of production tests early next year in Yemen from the Tasour No. 23ST exploration well on Block 32 after having initial overheating problems with a large electrical submersible pump.
  • 12/28/2006 -- Statoil receives second exploration block in Egypt
    Statoil ASA has conditionally secured its second deepwater exploration acreage west of Egypt's Nile Delta following the country's recent international licensing round.
  • 12/28/2006 -- Colorado
    New Frontier Energy Inc., Denver, purchased the operator's 36.7% working interest in Slater Dome field in the Sand Wash basin for $8 million and plans to drill several wells in the field in 2007.
  • 12/28/2006 -- Laos
    Salamander Energy Ltd., London, said it is in late stages of negotiating a production sharing contract for the Vientiane and Savannakhet exploration blocks in nonproducing Laos.
  • 12/27/2006 -- Kenya
    A group led by Woodside Petroleum Ltd., Perth, has spudded an exploration well on the Pomboo prospect on Block L-5 in the Indian Ocean off northern Kenya.
  • 12/27/2006 -- Baraka begins second Mali gravity survey
    Perth-based Baraka Petroleum Ltd. has begun an second airborne gravity survey over its five Taoudeni basin blocks in northern Mali.
  • 12/22/2006 -- ONGC strikes gas in Krishna-Godavari basin
    India's government-owned Oil & Natural Gas Corp. (ONGC) said it made a major gas discovery in the Krishna-Godavari basin off India's eastern coast.
  • 12/22/2006 -- Bharat Petroleum to buy North Sea interests
    Indian state refiner Bharat Petroleum Corp. Ltd. (BPCL) agreed to acquire 25% interests in Blocks 48-1B and 48-2C in the UK North Sea's Southern Gas basin.
  • 12/22/2006 -- Aussie firms start seismic survey off Kenya
    Origin Energy Ltd., Sydney, and Pancontinental Oil & Gas NL, Perth, have begun a 3,200 km 2D seismic survey across two blocks off Kenya.
  • 12/21/2006 -- Ontario
    Liberty Oil & Gas Ltd., a private Ontario operator, took a farmout from Greentree Gas & Oil Ltd., London, Ont., to participate in drilling 2 wells in the province.
  • 12/21/2006 -- Utah
    Flair Petroleum Corp., Calgary, purchased a 100% working interest in 760 acres of tar sands leases in the Asphalt Ridge deposit in the Uinta basin.
  • 12/20/2006 -- Madagascar
    Candax Energy Inc., Calgary, is awaiting presidential ratification of a production-sharing contract on Block 1101 in Madagascar.
  • 12/20/2006 -- Peru
    Gran Tierra Energy Inc., Calgary, plans to explore blocks 128 and 122 in the Iquitos Arch Trend of the Maranon basin in Peru.
  • 12/20/2006 -- Trinidad and Tobago round gets one bidder
    The latest bid round for the Trinidad Deep Atlantic Area received only one bid, the fewest since production-sharing contracts were introduced in the 1990s.
  • 12/20/2006 -- Nigeria
    Midwestern Oil & Gas Co. PLC spudded the UMU-4 well at Umusadege marginal oil field in the central Niger Delta in Nigeria.
  • 12/20/2006 -- Well off Vietnam gauges high oil flow rate
    A new appraisal well in Te Giac Trang on Block 16-1 off Vietnam has flowed oil at high rates on a drillstem test.
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