Exploration Development 2007 P

11/13/2007 -- Afren to acquire block interests in Ghana, Angola
Afren PLC has agreed to acquire Devon Energy Corp.'s interests in two exploration blocks in Ghana and Angola.
11/13/2007 -- WEC: Algeria to offer 10-15 blocks in next round
Algeria will offer 10-15 blocks in its next licensing round in January 2008, Chakib Khelil, Algeria's energy minister, told OGJ in an exclusive interview during the World Energy Congress.
11/13/2007 -- KRG signs five more PSCs for northern Iraq
Iraq's Kurdistan Regional Government (KRG) has signed five production-sharing contracts (PSC) previously approved by its Regional Oil and Gas Council.
11/12/2007 -- Sacramento basin Guinda frac encouraging
An early program to frac the Cretaceous Guinda, a zone just below the staple Forbes formation in California's Sacramento basin, has yielded encouraging results, said Venoco Inc., Denver.
11/09/2007 -- Serica: UK North Sea Columbus field commercial
Serica Energy PLC plans to proceed with commercial development of Columbus gas condensate field in the UK Central North Sea following results of two appraisal wells, one of which found a new reservoir with 40 ft pay.
11/09/2007 -- Oilsands Quest advances Axe Lake development
Oilsands Quest said an independent review and evaluation of a portion of its Axe Lake discovery in northwest Saskatchewan assessed original bitumen in place at 1.344 billion bbl.
11/08/2007 -- Timan-Zapsibgazprom outline Russian drilling plan
OAO Gazprom subsidiary OAO Zapsibgazprom is planning to drill 2,600 oil wells and construct related facilities at Nizhnechutinskoye oil field in Russia's Timan-Pechora basin under a memorandum of cooperation (MOC) with the field's operator Timan Oil & Gas PLC.
11/07/2007 -- OMV subsidiary signs PSCs with Kurdistan
OMV Petroleum Exploration has signed on as operator under two PSCs for two exploration blocks with the Kurdistan regional government of northern Iraq.
11/07/2007 -- Northeastern Spain's Ebro basin due search
Beach Petroleum plans to spend $3 million to fund a seismic survey to earn 25% interest in four gas-prospective permits held 75% by Serica Energy in the Ebro basin between Madrid and Barcelona.
11/07/2007 -- Gulf Lower Tertiary deep wildcats drilling
Anadarko Petroleum Corp. said it expects to spud two Miocene tests and one Lower Tertiary test in the Gulf of Mexico between November 2007 and January 2008.
11/05/2007 -- Statoil drills dry hole in Norwegian Sea well
StatoilHydro ASA, operator of production license 286 in the Norwegian Sea, said it will plug and abandon wildcat well 6609/6-1 because it has not found any hydrocarbons with the well.
11/05/2007 -- Mozambique announces third licensing round
Mozambique has invited operators to submit bids for blocks in its third licensing round, which will open in December.
11/05/2007 -- Aurelian discovers gas in Romanian well
Aurelian Oil & Gas PLC, London, has discovered gas in thin Sarmatian (Middle to Upper Miocene) sands in its Boistea 1 well on the Cuejdiu Block in Romania.
11/05/2007 -- Tethys to invest $8 million in Tajikistan
Tethys Petroleum Ltd., Toronto, expects to invest an initial $8 million in Tajikistan, according to company Pres. David Robson, who said the firm would begin work in Beshtentyak, Pushion, and Khoja Sartez oil and gas fields by yearend.
11/02/2007 -- More exploring set in Egypt's Kom Ombo basin
Groundstar Resources Ltd., Calgary, plans to shoot 2D seismic in early 2008 over five high-potential structures on the 42,291 sq km West Kom Ombo Block in southeastern Egypt.
11/01/2007 -- Venezuela's Orca well disappoints StatoilHydro
StatoilHydro AS has not found any hydrocarbons in its deep offshore Orca well on Plataforma Deltana Block 4 off eastern Venezuela.
11/01/2007 -- Frac planned at Nova Scotia gas shale well
Triangle Petroleum has drilled two exploratory wells to the Lower Mississippian Horton Bluff shale in west-central Nova Scotia and is designing a frac to be conducted in late 2007.
11/01/2007 -- MOG awarded Italian exploration permits
Mediterranean Oil & Gas will carry out geological and geophysical studies on four new exploration licenses in Italy that hold gas prospects and discoveries.
11/01/2007 -- Regal Petroleum discovers gas in Romania
London exploration and production company Regal Petroleum PLC will suspend its RBN-4 exploration well on the Barland concession in Romania after discovering gas in three sandstone intervals.
11/01/2007 -- Large block granted in southern Belize
Providence Energy Belize Ltd., Houston, has acquired exploration and production rights to 531 sq miles in and off southern Belize.

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Exploration Development 2007 P