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07/20/2007 -- Llanos wildcat gauges oil from Guadalupe
Petrominerales gauged 31° gravity oil at rates of 970-1,200 b/d from Tertiary Guadalupe, the lowermost of three intervals it plans to test at the Corcel-1 exploratory well in Colombia's Llanos basin.
07/19/2007 -- Chevron proves oil in Rosebank well off Scotland
Chevron North Sea Ltd., Aberdeen, operator of offshore Rosebank appraisal well 205/1-1 in the Faroe-Shetland Channel, west of Shetland, reported that the well has tested 6,600 b/d of what it called "good quality oil."
07/19/2007 -- Pan American secures loan for Cerro Dragon field
Pan American Energy has signed a $550 million loan agreement with International Finance Corp. for development of Cerro Dragon oil field in the Golfo San Jorge basin in Chubut, Argentina.
07/18/2007 -- Premier wildcat has shows in eastern India
A wildcat being drilled in Assam, India, encountered a sandstone at 4,002 m measured depth with good hydrocarbon shows and high formation pressure, said operator Premier Oil.
07/17/2007 -- Garden Banks block gets second discovery
Helix Energy Solutions said its Energy Resource Technology subsidiary made a second deepwater discovery on Garden Banks Block 506 in the Gulf of Mexico.
07/17/2007 -- RWE Dea to drill new wells on Egypt's Tanta block
RWE Dea AG will drill at least two wells and will shoot a 3D seismic survey over a 3-year span on the acreage it has picked up in Egypt on the Tanta onshore concession.
07/17/2007 -- BLM mulls new approach in resource plan draft
The US BLM is considering an approach with moderate levels of protection and constraints on resource uses in a draft of its latest southwestern Wyoming RMP and EIS.
07/16/2007 -- McMoRan strikes gas with Flatrock well
McMoRan Exploration Co. has made a natural gas discovery with its Flatrock exploratory prospect drilled on South Marsh Island Block 212 in the Gulf of Mexico.
07/13/2007 -- Tajikistan grants exploration license to Manas Petroleum
The government of Tajikistan has granted DWM Petroleum AG subsidiary Manas Petroleum Somon Corp. a license to explore in the Fergana basin.
07/13/2007 -- Total to partner with Gazprom for Shtokman's first phase
Russia's Gazprom and France's Total have signed a framework agreement for the joint development of the first phase of the giant Shtokman gas-condensate field in the central part of the Barents Sea.
07/13/2007 -- Melrose to drill Nile Delta well in Egypt
Melrose Resources is preparing to drill the West Khilala No. 7 (Deep) exploration-appraisal well on the southeastern flank of its El Mansoura concession in the Nile Delta field in Egypt.
07/12/2007 -- Alcoa gas deal speeds Arc Energy drilling program
Arc Energy will use a $40 million (Aus.) gas sales prepayment from aluminium producer Alcoa Australia to accelerate its exploration program in Western Australia's Canning basin.
07/12/2007 -- Nicaraguan oil development to take time
Norwood Resources Ltd., Vancouver, BC, said it is optimistic it will be able to convert its exploration lands in northwestern Nicaragua's Sandino basin into commercially producing fields.
07/12/2007 -- Verenex has Ghadames basin oil discovery in Libya
Verenex Energy Inc., Calgary, and equal partner PT Medco Energi Internasional of Indonesia have made an oil discovery in Libya's Ghadames basin.
07/12/2007 -- Gran Tierra to develop Costayaco field in Colombia
Gran Tierra Energy reported that its recently drilled Costayaco-1 exploration well on Chaza block in Putumayo basin in southern Colombia tested at a combined rate of 5,906 b/d of oil.
07/12/2007 -- Great South Basin exploration permits awarded
New Zealand officials announced July 11 the awards of exploration permits to two oil and gas consortiums for four areas of the Great South Basin off Southland.
07/12/2007 -- Light oil exploration due in Kern County
Chevron USA Inc. and a group of Canadian companies plan to search an underexplored area of the San Joaquin basin in sprawling Kern County for 15-25° gravity oil.
07/11/2007 -- Statoil's Ballena gas well tested off Venezuela
Statoil ASA said it has tested gas at "significant" rates in one of two intervals in its Ballena well, which it recently completed on Block 4 of Plataforma Deltana off eastern Venezuela.
07/10/2007 -- PTTEP finds large gas deposit in Gulf of Martaban
Thailand's PTT Exploration & Production PLC discovered a large offshore natural gas deposit in Myanmar's Gulf of Martaban, according to state media.
07/10/2007 -- Pioneer has fifth discovery, adds Tunisia girth
Pioneer Natural Resources Co., Dallas, which declared Tunisia a core area fairly recently, has notched a fifth discovery and is expanding its acreage position in the North African country.

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