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Brazil: Karoon Gas plans $150 million Brazil oil well drilling plan - seeks partner

Karoon Gas Australia is trying to sell a stake in its Brazilian offshore oil-exploration blocks as it plans to start a $120 million to $150 million drilling program, its top South American executive said. ... more ...

Australia: Exoma Energy withdraws from the Galilee Joint Venture

Exoma Energy has advised that it has withdrawn from the Galilee Joint Venture exploration permits (ATP 991P, ATP 996P, ATP 999P and ATP 1005P). Following Exoma’s withdrawal, CNOOC Galilee Gas Company will have a 100% interest in the exploration permits. ... more ...

UK: Egdon Resources Burton on the Wolds-1 onshore exploration well disappoints

AIM-listed Egdon Resources has announced the completion of drilling operations at the Burton on the Wolds-1 conventional exploration well in UK Onshore Licence PEDL201 in Leicestershire. Interpretation of the log data indicates the thin reservoir sands encountered were water bearing. ... more ...

Seabird Exploration receives letter of intent for Hawk Explorer to acquire 2D seismic in Asia Pacific region

SeaBird Exploration has announced that Hawk Explorer has received a letter of intent for a 2D seismic survey in Asia Pacific region. The survey will cover approx. 15,000 km and will have an estimated value of USD 12 million. ... more ...

EMGS receives letter of intent for BOA Thalassa in Asia

Electromagnetic Geoservices (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar. ... more ...

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