Exploration Development 2008 P

06/20/2008 -- China, Japan agree on East China Sea E&P projects
Japan and China say they have reached a political agreement on gas exploration projects in the East China Sea.
06/20/2008 -- Pertamina awarded Natuna block; ExxonMobil talks fail
Indonesia's energy and mineral resources ministry has awarded Pertamina the rights to develop the Natuna block in the South China Sea, including the Natuna D-Alpha gas field in Riau islands province.
06/20/2008 -- Goodrich, Chesapeake to develop Haynesville shale
Goodrich Petroleum and Chesapeake Energy plan a joint venture to develop what is now Goodrich's Haynesville shale acreage.
06/20/2008 -- Total, Iraq in service agreement discussions
Total confirmed for OGJ that it is finalizing discussions with Iraq's oil ministry on a technical service agreement for the first phase of West Kurna field development, in partnership with Chevron.
06/20/2008 -- Tower acquires Comet Petroleum, SADR license stake
Tower Resources has completed its acquisition of Comet Petroleum, giving it access to a 50% stake in two exploration licenses in the Saharawi Arab Democratic Republic.
06/19/2008 -- Circle Oil takes Pelagian farmout off Tunisia
Circle Oil PLC took a farmout from Tethys Oil & Mining Ltd. on the 3,780 sq km Mahdia permit in the Mediterranean Sea 55 miles east of the mid-Tunisian coast.
06/19/2008 -- Garden Banks gas find due subsea tieback
Mariner Energy said it could start production as early as yearend from a deepwater discovery at its Geauxpher prospect on Garden Banks Block 462 in the Gulf of Mexico.
06/19/2008 -- Pemex wants seismic survey of Perdido belt in gulf
Mexico's Pemex has requested to conduct 2D seismic research in some 514,370 sq km of the Gulf of Mexico, calling in particular for a survey of the Perdido belt, which straddles the US-Mexico maritime border.
06/18/2008 -- Nigeria investigates 2007 oil auction
Nigeria has suspended Tony Chukwueke from his role as head of the nation's oil industry regulator while it investigates oil licenses awarded last year under a former president.
06/17/2008 -- Eni to become operator of Hewett Unit gas field
Tullow Oil agreed to sell to Eni its 51.69% stake in Hewett Unit field off the UK as it prepares to increase funds to implement its development programs in Ghana and Uganda.
06/17/2008 -- ONGC cool to Gazprom's offer in Orissa block
India's ONGC is said to be cool towards Gazprom's offer of a 50% stake in its shallow-water exploration property NEC-OSN-97/1 in the country's North-Eastern coast, off the Orissa coastline.
06/17/2008 -- Trinidad and Tobago awards exploration licenses
Trinidad and Tobago has granted approval for a consortium comprising OCNG Mittal Energy and Petrotrin to explore and develop Block NCMA 2 in the shallow marine area off northern Trinidad.
06/17/2008 -- Gran Tierra completes Costayaco-4 well in Colombia
Gran Tierra Energy Inc. has completed drilling the Costayaco-4 well in Costayaco field on Colombia's Chaza block. The well reached 8,884 ft TMD.
06/16/2008 -- IOC, OIL to pick up 12.5% each in Timor oil block
State-run Indian Oil Corp. and Oil India Ltd. are to spend $27 million each in picking up 12.5% equity stakes from Reliance Industries as farm-in partners in the latter's offshore oil block in East Timor.
06/16/2008 -- Indonesia modifies E&P cost-recovery process
Indonesian President Susilo Bambang Yudhoyono met recently with top foreign oil and gas company executives in a closed-door meeting.
06/15/2008 -- Serica completes Kambuna well production tests off Indonesia
Serica Energy PLC said it finished the production testing of all three Kambuna gas wells in the Malacca Straits 40 km off North Sumatra, Indonesia.
06/13/2008 -- ExxonMobil to step up exploratory work in the Philippines
ExxonMobil plans to undertake exploratory operations in the Sulu Sea in the Philippines and could begin drilling exploratory wells in a year's time, according to a senior official.
06/13/2008 -- Sri Lanka
The government of Sri Lanka awarded the Indian subsidiary of Cairn Energy Ltd., Edinburgh, an exploration license in the Mannar basin 100 miles north of Colombo.
06/13/2008 -- Zulu spuds CBM exploration well in Botswana
Zulu Energy Corp. spudded its first coalbed methane (CBM) exploration well on the Pandamatenga licenses in northeastern Botswana.
06/13/2008 -- Tajikistan's first PSC signed with Tethys
Tethys Petroleum Ltd., Toronto, signed Tajikistan's first production-sharing contract with the minister of energy and industry in Dushanbe.

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Exploration Development 2008 P