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Exploration

BRAZILIAN OIL PLAYER HRT, currently probing offshore Namibia, rose to a record in Sao Paulo trading after another company exploring in nearby blocks increased its reserve estimates.p style="margin-bottom: 0cm;">BRAZILIAN OIL PLAYER HRT, currently probing offshore Namibia, rose to a record in Sao Paulo trading after another company exploring in nearby blocks increased its reserve estimates.

Chariot O&G estimates its Southern License 2714A, offshore Namibia, holds an additional 3.1bn barrels of gross unrisked mean prospective resources. New technical studies of the 3D seismic data acquired across the block found additional resources within a single mega-structure.

p style="margin-top: 0.49cm; margin-bottom: 0.49cm;">Chariot O&G estimates its Southern License 2714A, offshore Namibia, holds an additional 3.1bn barrels of gross unrisked mean prospective resources. New technical studies of the 3D seismic data acquired across the block found additional resources within a single mega-structure.

CANADIAN PLAYER AFRICA Oil has secured operatorship of Kenya’s Block 9 and has entered into the first additional exploration phase under the block’s production sharing contract, together with co-venturer Lion Energy.p style="margin-bottom: 0cm;">CANADIAN PLAYER AFRICA Oil has secured operatorship of Kenya’s Block 9 and has entered into the first additional exploration phase under the block’s production sharing contract, together with co-venturer Lion Energy.

The Ministry of Mines, Industry, and Energy of the Republic of Equatorial Guinea has approved Nobles Alen condensate/gas-recycling project. The project was sanctioned by Noble in December 2010, followed by the approval of all partners.p style="margin-bottom: 0cm;">The Ministry of Mines, Industry, and Energy of the Republic of Equatorial Guinea has approved Nobles Alen condensate/gas-recycling project. The project was sanctioned by Noble in December 2010, followed by the approval of all partners.

Athens-based upstream player Energean Oil & Gas has plugged and abandoned the WKO-1X well in Egypt’s West Kom Ombo block after finding no hydrocarbons.p style="margin-bottom: 0cm;">Athens-based upstream player Energean Oil & Gas has plugged and abandoned the WKO-1X well in Egypt’s West Kom Ombo block after finding no hydrocarbons.

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