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Exploration Development 2009 P2

  • 12/17/2009 -- Iraq offers seven contracts in second licensing round
    Iraq—hailing the successful end of its second postwar bidding round and hopeful of boosting output to record levels—has awarded 7 oil field service contracts out of the 10 it offered.
  • 12/17/2009 -- Melrose to progress Black Sea gas projects
    Melrose Resources PLC, Edinburgh, plans to proceed with exploration, development, production, and gas storage projects on the western Black Sea shelf off Bulgaria and Romania in 2010.
  • 12/17/2009 -- Turkey
    Melrose Resources PLC, Edinburgh, is negotiating contracts for the shooting of as much as 500 line-km of 2D seismic on its South Mardin group of blocks in southeastern Turkey along the border with Syria.
  • 12/17/2009 -- Egypt
    Melrose Resources PLC, Edinburgh, plans to spud an exploratory well by the end of 2010 in the remote Mesaha concession in the southwest corner of Egypt.
  • 12/17/2009 -- Israel
    Bontan Corp. Inc., Toronto, completed shooting a 3D seismic survey on the Mira and Sarah drilling licenses and a 2D survey on the Benjamin exploration permit in the Levantine basin in the Mediterranean 40 km off Israel.
  • 12/17/2009 -- Kentucky
    Kentucky could expect $6 million/year to $15.4 million/year in added revenue if it allowed oil and gas development on state and university-owned lands, the Kentucky Geological Survey estimated.
  • 12/16/2009 -- Tullow may seek to bar Eni's Uganda entry
    Tullow Oil PLC may try to block a plan by Heritage Oil PLC to sell its 50% interest in Ugandan Blocks 1 and 3A to Italy’s Eni SPA for as much as $1.5 billion, according to local media.
  • 12/16/2009 -- Nicaragua
    Ram Power Corp., Reno, Nev., will drill two more wells for Phase 1 expansion of its San Jacinto-Tizate geothermal power project near Leon, northwest of Managua, Nicaragua.
  • 12/15/2009 -- New Brunswick Frederick Brook well is discovery
    Corridor Resources Inc., Halifax, NS, pronounced its Green Road well in New Brunswick, Canada, as a new field discovery after it tested gas from two shaly intervals.
  • 12/15/2009 -- Quebec
    Talisman Energy Inc., Calgary, plans a hydraulic fracs in early 2010 at its first Ordovician Utica shale horizontal well in Quebec’s St. Lawrence Lowlands.
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