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Exploration/Development Briefs

08/15/2011
Guinea Hyperdynamics Corp., Houston, let a contract to the University of Arizona Department of Geosciences for a 2-year study of the geology and tectonic history of its 9,650 sq mile exploratory block off Guinea. The study is to include identification and characterization of igneous rocks and associated sedimentary features from 2D and 3D seismic in order to better evaluate drilling sites. Iraq Petrel Resources PLC, Dublin, said the company failed to prequalify to participate in Iraq's fourth oil license round. The participation criteria adopted by Iraqi authorities were heavily weighted towards financial size and strength rather than practical experience working in Iraqi conditions, Petr...
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