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24 Oct 14 Iraq: Terraseis completes first Three-Component seismic survey in Iraq
In October, a Terraseis 3D crew completed the first Three Component (3C) seismic survey in Iraq. The project was completed in Kurdistan, adjacent to the recent armed conflict along the Kurdish regional border.
24 Oct 14 Canada: Husky Energy ups price tag of Sunrise oil sands project to C$3.2 billion
Canada's No. 3 integrated oil and gas producer Husky Energy raised cost estimates on its new Sunrise oil sands project by nearly 19 percent to C$3.2 billion as it reported third quarter earnings on Thursday. First production from the northern Alberta project, operated by Husky as a joint venture with BP, will also be delayed.
24 Oct 14 Gabon: Ophir Energy secures new blocks offshore Gabon
Ophir Energy has expanded its footprint offshore Gabon by signing exploration and production sharing contracts for two additional blocks. The new blocks, A3 and A4, are located outboard of Ophir's existing acreage in the North Gabon basin.
24 Oct 14 Sterling Energy announces Interim Management Statement - updates operations
AIM-listed Sterling Energy has issued its Interim Management Statement for the period beginning 1 July 2014 and provided an update on its operations in Cameroon, Somaliland, Madagascar and Mauritania.
24 Oct 14 UK: Solo Oil announces Portland oil discovery at Horse Hill-1, Weald Basin UK
Solo Oil has announced that, following preliminary evaluation of the electric logs, the Horse Hill-1 well has discovered an oil accumulation in the conventional Upper Jurassic Portland Sandstone. A preliminary most likely estimate of 3.1 mmbbls of gross in place hydrocarbon volume has been calculated, with significant upside potential.
24 Oct 14 Brazil: Karoon Gas to spud Kangaroo-2 appraisal well in Santos Basin in November
Karoon Gas Australia has taken possession of the Olinda Star Semi-submersible drilling rig from Petrobras. The rig is currently in the Campos Basin and expected to be on location in the Santos Basin running anchors in the next few days with a likely spud date for the Kangaroo-2 appraisal well during the second week of November.
24 Oct 14 Australia: Eneabba Gas acquires Ocean Hill Block Application from Green Rock Energy
Eneabba Gas has entered into an agreement with Green Rock Energy to acquire 100% of the prospective Ocean Hill Block Application (STP EPA 0090, formerly designated Bid Area L12-7), located in the north Perth Basin.
24 Oct 14 Egypt: BG seeks revival of Egypt LNG business with BP deal
British energy company BG Group is in talks with BP to link their two gas developments off Egypt's coast, as part of BG's drive to breathe life into its gas-starved export plant, sources familiar with the matter said.
23 Oct 14 Mozambique offers more gas and oil blocks week after election
Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national elections which are expected to return the ruling Frelimo party to power.
23 Oct 14 Russian prosecutors detain more suspects in Total CEO plane crash
Russian prosecutors detained four Moscow airport workers and denied bail to the driver of a snow plough which hit a private jet killing the CEO of French oil company Total earlier this week, officials said on Thursday.
23 Oct 14 Egypt: Kuwait Energy announces discovery at Abu Sennan, Egypt
Kuwait Energy has announced that the operated exploration well ASA-1 st3 on the Abu Sennan license, onshore Egypt, discovered hydrocarbons in the Abu Roash 'E' and Abu Roash 'C' formations.
23 Oct 14 Poland: FX Energy spuds Angowice-1 well - awards contract for Tuchola field development
FX Energy has awarded a contract to Tebodin Poland, a division of the Bilfinger Group, to design and manage the permit, tender and construction operations of the Tuchola field production facility and pipeline. The Company has also spudded the Angowice-1 well, targeting one of four structural features northwest of the Tuchola field.
23 Oct 14 GoM: LLOG announces Gulf of Mexico discovery - provides operational update
LLOG Bluewater, a joint venture between LLOG Exploration and Blackstone Energy Partners and its affiliates, has successfully installed its Delta House floating production system (FPS) in Mississippi Canyon 254. LLOG has also, with partner Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 'Otis' prospect.
23 Oct 14 GoM: BP announces oil discovery in the deepwater Gulf of Mexico
BP has announced an oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners.
23 Oct 14 UK: GDF Suez and BP discover new Central North Sea field
GDF SUEZ E&P UK and BP have announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated Block 30/1f and BP operated Block 30/1c, was flow tested at a maximum rate of 5,350 barrels of oil equivalent per day from a Palaeocene reservoir.
23 Oct 14 Tangiers Petroleum provides Quarterly Report - updates operations
Tangiers Petroleum has provided a report on its activities during the quarter ended 30 September 2014, including its planned exit from the Tarfaya Block, offshore Morocco.
23 Oct 14 Kazakhstan: Jupiter Energy provides update on Kazakhstan operations
Jupiter Energy has extended the exploration Licence on Block 31 in Kazakhstan to 29 December 2016. With the $US5m of new funding having been received in early October 2014, the Company expects to begin drilling its first Production Well (Well 19) on Akkar East in December 2014.
23 Oct 14 Peru: Baron Oil announces update on Peru exploration
Baron Oil, the independent oil and gas exploration and production company focused on Latin America, has obtained approval from Perupetro for a well to be drilled on Block Z-34, offshore Peru.
23 Oct 14 US: Magnolia Petroleum reports excellent initial production at six wells in Oklahoma
AIM-listed Magnolia Petroleum has reported initial production rates for six wells in the Woodford and Mississippi Lime formations, Oklahoma. Magnolia holds a 4.1% net revenue interest in each of these Devon Energy operated wells which, combined, add 96 boepd to Magnolia's net production.



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