-- Petroandina plans 3-year E&P program in Bolivia Petroandinaa company formed in August 2007 by Bolivia's state-owned Yacimientos Petroliferos Fiscales Bolivianos (YPFB) 60% and Venezuela's state-owned Petroleos de Venezuela SA (PDVSA) 40%plans to invest $883 million to finance oil and natural gas exploration and production in Bolivia.
-- US firms get Scotian shelf discovery blocks The CNSOPB awarded exploration blocks that contain the 1976 Penobscot light oil and 1972 Eagle gas discoveries on the Scotian shelf to privately held Ammonite and Catheart Energy.
-- Prince Edward Island Corridor Resources Inc., Halifax, NS, and PetroWorth Resources Inc., Calgary, revised an agreement regarding gas exploration and licensing on Prince Edward Island off eastern Canada.
-- Success spreads on Libyan Ghadames block A discovery on northern Area 47 in the Ghadames basin in Libya has confirmed the potential of a new Silurian Lower Acacus play fairway on the northern part of the area.
-- Equitable reports progress with Kentucky Berea gas play Equitable Resources Inc., Pittsburgh, said it has had encouraging results from early drilling for gas in Lower Mississippian Berea sandstone mostly in Kentucky and plans to have spud 25-30 Berea wells in 2008.