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Exploration Development 2007 P12

  • 04/13/2007 -- Egypt continues Meleiha concession agreement until 2024
    Egypt has extended until 2024 the length of its concession agreement with the group developing Meleiha Block in the Western Desert.
  • 04/16/2007 -- Partners spud Golitza-1 well in Bulgaria
    JKX Oil & Gas unit JKX Bulgaria has spudded the Golitza-1 exploration well targeting Jurassic sands, Triassic limestones, and Triassic sands on the B-Golitza exploration permit in Bulgaria.
  • 04/16/2007 -- Circle Oil acquires interests in Tunisian acreage
    Circle Oil PLC has acquired interests in acreage in Tunisia under a farm-in agreement signed with Exxoil Tunisie. The deal is subject to final approval from Tunisian authorities.
  • 04/16/2007 -- Eni acquires, will operate license off Congo
    Eni SPA will operate 1, 103 sq km of new exploration acreage off Congo (Brazzaville) following the signing of the new license with the Congolese authorities. The permit is 15 km offshore in 20-50 m of water.
  • 04/17/2007 -- Indonesia postpones coalbed methane gas bids
    Indonesia has delayed the issue of tenders for the exploration and production of coalbed methane gas until August due to requests from potential bidders.
  • 04/17/2007 -- Global Energy reports oil in Colombian well test
    Global Energy Development PLC recorded oil shows from the production test of its Luna Llena 2 well on its Luna Llena exploration and production concession in Colombia.
  • 04/19/2007 -- APPEA: Deepwater gas E&P off Australia speeds up
    Australia is poised for a wave of gas-driven deepwater exploration activity, according to Terry Walker, Woodside Petroleum's manager of new business.
  • 04/19/2007 -- Pertamina granted 15% stake in PSA blocks
    The Indonesian government has granted state-owned PT Pertamina the right to acquire a 15% stake in every oil and gas block controlled by production-sharing contractors. Pertamina has been seeking investment incentives.
  • 04/19/2007 -- Beaufort Sea Lease Sale 202 garners $42 million in bids
    Shell Gulf of Mexico Inc. offered the highest bid during an Apr. 18 lease sale in Anchorage for frontier areas of the Outer Continental Shelf.
  • 04/20/2007 -- White Nile spuds southern Sudan wildcat
    White Nile Ltd., London, spudded its first exploration well Apr. 19 on 67,000 sq km Block Ba in southern Sudan with a projected final depth of 7,850 ft.
  • 04/20/2007 -- Nigeria launches 2007 licensing round in London
    Nigeria has invited oil and gas companies to bid for 45 blocks in its 2007 licensing round as the country prepares to elect a new president on Apr. 21.
  • 04/23/2007 -- Thailand plans licensing round in May
    Thailand is set to open its 20th round of licensing next month, offering 65 blocks having a combined area of 235,576 sq km.
  • 04/24/2007 -- OGDC finds gas, condensate in Dakhni Deep No. 1
    Oil & Gas Development Co. Ltd. (OGDC) has tested gas and condensate in its Dakhni Deep No. 1 exploratory well in District Attock of Pakistan's Punjab Province.
  • 04/24/2007 -- BP makes 13th oil find on Angola's deepwater Block 31
    BP Exploration (Angola) Ltd. has made an oil discovery on ultradeepwater Block 31 off Angola. The Miranda find is the company's 13th discovery to date on the block.
  • 04/25/2007 -- Firms complete Australian tight-gas farmout
    Lakes Oil NL, Melbourne, has finalized an agreement with Denver-based PetroHunter Energy Corp. to jointly develop Lakes Oil's onshore tight-gas prospects in Victoria's Gippsland and Otway basins (OGJ Online, Nov. 14, 2006).
  • 04/25/2007 -- PNG offshore licensing round draws one bid
    Just one application has been received for the much heralded offshore Papua New Guinea licensing round (OGJ Online, Sept. 22, 2006).
  • 04/25/2007 -- Second well logs gas pay in Nicaragua
    A Canadian independent operator set 7 in. casing at its second exploration well in the Sandino basin of western Nicaragua after encountering 271 ft of conventional pay in 10 zones.
  • 04/25/2007 -- UAE firm signs Iraq Kurdistan gas pacts
    Independent Dana Gas, Sharjah, signed agreements with the Kurdistan Regional Government of Iraq to study gas development and utilization potential in Iraqi Kurdistan.
  • 04/26/2007 -- Europa shoots 2D seismic survey near Lincoln, UK
    Europa Oil & Gas (Holdings) PLC has completed a 2D seismic survey on its PEDL150 license, near Lincoln in the UK, and will interpret the data to identify drilling prospects.
  • 04/26/2007 -- OGDC finds gas, condensate in Pakistan
    Oil & Gas Development Co. Ltd. (OGDC) has found gas and condensate in its exploratory well Kunnar West No. 1A in the Kunnar mining lease area in Pakistan.
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