Exploration

Tullow strikes black gold in Uganda's Block 2

TULLOW ANNOUNCED THAT the Kigogole-3 exploration well, which is located in the Butiaba region of Uganda Block 2, has encountered over 20 m of net oil pay in two separate zones.
Located approximately one km from the crest of the structure, the well was drilled to a total depth of 575 m and has been successfully logged and sampled.

Hits: 4315

Read more ...

ARKeX and Sonatrach form long term partnership

ON 5TH May, ARKeX signed a long term agreement in Algiers with Sonatrach, the state oil company of Algeria, in the presence of Monsieur Chakib Khelil, the Minister of Energy and Mines.

Hits: 4209

Read more ...

Heritage Oil and Genel agree $6bn merger

UK-BASED OIL explorer Heritage Oil agreed to merge with Genel Energy International, a unit of Turkey's Cukurova Group CUKRO.UL, to create an oil producer focused on Iraqi Kurdistan worth around US$5.5bn.

Hits: 4439

Read more ...

FAR, Shell to explore offshore Senegal

Exploring for oilFIRST AUSTRALIAN RESOURCES (FAR) and Shell Exploration Company have agreed to conduct an exploration program in the Sangomar Offshore, Rufisque Offshore and Sangomar deep Offshore Blocks off the coast of Senegal.

Hits: 4232

Read more ...

M&P hits Gabon oil as profits soar

MAUREL & PROM HAS announced a fresh oil discovery in Gabon as it posted surging 2008 profits and reaffirmed plans to buy up assets made cheaper by a sharp drop in oil prices. "We are looking at farm ins, or partnerships in another company's oilfield,” chairman Jean-Francois Henin.

Hits: 4312

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?