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Exploration Development 2011 P14

  • 10/17/2011 -- Firms awarded Irish Atlantic margin licenses
    The Irish energy ministry has awarded license options in the country’s 2011 license round on Ireland’s Atlantic margin, which has a proven petroleum system but lacks sizable discoveries.
  • 10/17/2011 -- Syria: Loon suspends Block 9 exploratory well
    Kulczyk Oil Ventures Inc., Calgary, said its Loon Latakia Ltd. subsidiary has suspended its Itheria-1 wildcat on Block 9 in northwestern Syria after drilling to 2,072 m.
  • 10/17/2011 -- Danish North Sea Miocene oil discovery indicated
    PA Resources AB, Stockholm, has sampled light, sweet 34-35° gravity oil in shallow Miocene sandstone at the Lille John prospect in License 12/06 in the North Sea off Denmark and plans to sidetrack the well to a chalk target.
  • 10/17/2011 -- Abu Dhabi's TAQA to invest in WesternZagros
    Abu Dhabi National Energy Co. PJSC (TAQA) will invest $46.6 million (Can.) in WesternZagros Resources Ltd., Calgary, which holds two production sharing contracts with Iraq’s Kurdistan Regional Government. Closing is expected by the end of October.
  • 10/14/2011 -- Guinea: First of two offshore wildcats spudded
    Hyperdynamics Corp., Houston, has spudded Sabu-1, the first of two wildcats on its 25,000 sq km concession off Guinea.
  • 10/14/2011 -- Australia: Remote Officer basin wildcat plugged
    Rodinia Oil Corp., Calgary, has plugged and abandoned the Mulyawara-1 rank wildcat in the Officer basin in South Australia and said shows in the Neoproterozoic Murnaroo, Mundallio, and Emeroo sandstones demonstrate an active mature petroleum system capable of generating hydrocarbon.
  • 10/14/2011 -- Brazil: Brookwater taps G&G team for Reconcavo work
    Brookwater Ventures Inc., Calgary, has retained Geopex Consultoria, Salvador, Brazil, on an exclusive basis to aid in exploring Reconcavo basin Block REC-T-166 and to participate in the ANP 11th bid round.
  • 10/14/2011 -- Bowleven confirms deep Douala oil off Cameroon
    Bowleven PLC, Edinburgh, will deepen its Sapele-3 exploratory well off Cameroon through the Deep Omicron formation after it encountered oil in the Upper and Middle Omicron intervals.
  • 10/13/2011 -- Peru: Pacific Rubiales to operate Maranon Block 116
    Pacific Rubiales Energy Corp., Toronto, has acquired a 50% working interest in the Block 116 exploration contract in the Santiago subbasin of the Maranon basin in northeastern Peru.
  • 10/13/2011 -- GCA: Turkmenistan's Iolotan gas field is world's second-largest
    Gaffney, Cline & Associates (GCA) said Turkmenistan’s South Iolotan natural gas field is the world’s second-largest, with an estimated 21.2 trillion cu m (tcm) of gas reserves.
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