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Exploration Development 2010 P2

  • 12/16/2010 -- Guinea: Offshore farm-out under negotiation
    Hyperdynamics Corp., Houston, has signed a nonbinding letter of intent with an undisclosed large independent oil and gas company to farm out part of its interest in a concession off Guinea, West Africa.
  • 12/16/2010 -- East Kalimantan find exceeds 1.4 tcf of gas
    Three wells drilled off Indonesia’s East Kalimantan confirm more than 1.4 tcf of gas in place in Jangkrik field on the Muara Bakau permit, said operator Eni SPA.
  • 12/16/2010 -- Colombia: Heavy oil tested from Rumiyaco
    Alange Energy Corp., Toronto, will appraise and may horizontally drill an unexpected heavy oil accumulation in the Cretaceous Lower Rumiyaco formation at the Topoyaco-2 exploratory well on the 60,034-acre Topoyaco block in Colombia’s Putumayo basin.
  • 12/16/2010 -- Vietnam: Marine seismic joint venture set
    CGGVeritas has signed a term sheet with Petrovietnam Technical Services Corp. to create a joint venture to operate 2D and 3D marine seismic vessels, primarily in Vietnamese waters.
  • 12/15/2010 -- China: Ordos Zijinshan CBM resource estimated
    The ZJS-02 well in the downthrown block of the 175,000-acre Zijinshan gas asset in China’s Ordos basin intersected 68 bcf of gas in place, according to consulting engineers and in-house estimates, said Camac Energy Inc., Hartsdale, NY.
  • 12/15/2010 -- New Zealand: Kaheru prospect potential eyed
    Roc Oil Co. Ltd., Sydney, heads a group that plans to bring the Kaheru prospect on PEP 52181 just off New Zealand’s North Island to the drilling phase.
  • 12/15/2010 -- Quebec: Junex cores gassy Utica intervals
    Junex, Quebec City, Que., encountered numerous gas-saturated intervals in Ordovician Utica shale in the Villeroy-1 exploration well, first well on the 108,360-acre Lyster block of permits in the St. Lawrence Lowlands of Quebec.
  • 12/15/2010 -- BG has gas find south of China's Hainan Island
    BG Group has reported a gas discovery at the first deepwater exploratory well in the Qiongdongnan basin in the South China Sea south of Hainan Island.
  • 12/14/2010 -- Trinidad and Tobago: Herrera gas search grows
    Parex Resources Inc., Calgary, and partner Primera Energy Resources Ltd. will deepen the Firecrown-1 well in southern onshore Trinidad to 10,500 ft from 8,701 ft measured depth in the first quarter of 2011 to fully penetrate the entire section indicated as prospective.
  • 12/13/2010 -- Colombia: Second Cano Sur well encounters oil
    Colombia’s state Ecopetrol said Draco-1, second stratigraphic test on the Cano Sur block in the Llanos basin, has detected an oil reservoir.
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