A NEW DISCOVERY in block 15/06 offshore Angola is reported by Statoil. The Cabaça South East-2 well, at 470 m (1,542 ft) about 100 km (62 m) from the coast, successfully appraised the Cabaça South East discovery.p style="margin-bottom: 0cm;">A NEW DISCOVERY in block 15/06 offshore Angola is reported by Statoil. The Cabaça South East-2 well, at 470 m (1,542 ft) about 100 km (62 m) from the coast, successfully appraised the Cabaça South East discovery.

CANADAS SEA-DRAGON said its al-Ola X-1 well on Egypts Northwest Gemsa concession had reached total depth of 14,323 ft in the Nukhul formation, having successfully encountered two oil bearing columns and strong gas shows that could significantly add to the field reserves.p style="margin-bottom: 0cm;">CANADAS SEA-DRAGON said its al-Ola X-1 well on Egypts Northwest Gemsa concession had reached total depth of 14,323 ft in the Nukhul formation, having successfully encountered two oil bearing columns and strong gas shows that could significantly add to the field reserves.

CROSCO INTEGRATED DRILLING & Well Services has won a drilling contract from Croatia’s Ina in Egypt.p style="margin-bottom: 0cm; font-weight: normal;">CROSCO INTEGRATED DRILLING & Well Services has won a drilling contract from Croatia’s Ina in Egypt.

ALGERIA PLANS TO double its oil and gas exploration efforts within the next three years, the state energy company has announced, signalling a possible shift in strategy.p style="margin-bottom: 0cm; font-weight: normal;">ALGERIA PLANS TO double its oil and gas exploration efforts within the next three years, the state energy company has announced, signalling a possible shift in strategy.