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.
Exploration
INA picks Crosco for Egypt drilling
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 looks to double exploration efforts
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.
New oil discovery offshore Angola
Tullow wraps up Uganda buy
TULLOW OIL HAS completed the US$1.35bn acquisition of Heritage Oil’s interests in two blocks in Uganda.
p align="left" style="margin-bottom: 0cm;">TULLOW OIL HAS completed the US$1.35bn acquisition of Heritage Oil’s interests in two blocks in Uganda.