Zambia is set to award exploration licenses for 11 oil and gas blocks in the northwest, east, and west of the country, according to Maxwell Mwale, minister of mines and mineral development.
Ivanhoe Energy Inc. said its Asian subsidiary plans to acquire interest in a production-sharing agreement (PSA) held by PanAsian Petroleum Inc., which holds exploration and production rights to a large block in central Mongolia.
Devon Energy Corp. plans to accelerate drilling in its southern Haynesville shale play based upon results from a well in San Augustine County, Tex.
Petroleo Brasileiro SA (Petrobras) says it has extended Marimba oil field to the north in the Campos basin off Brazil.
Carnarvon Petroleum Ltd., Perth, and its joint venture partner Pan Orient Energy Corp., Calgary, completed testing the BR-3D1 appraisal well in Bo Rang B oil field in Thailand and declared the field commercial.
BP PLC has confirmed a westward extension of deepwater Kaskida field in the Lower Tertiary trend of the Gulf of Mexico.
The US Minerals Management Service’s next Central Gulf of Mexico lease sale on Mar. 17, 2010, will include a shorter initial lease term for blocks in 400-1,600 m of water, US Interior Secretary Ken Salazar said on Nov. 13.
Petroleo Brazileiro SA (Petrobras) reported that a new well drilled in the Tupi area of the Santos basin off Brazil further confirms reserves estimates of 5-8 billion boe of light oil and natural gas.
Discoveries
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