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20 Apr 18
Norway: Aker BP granted drilling permit for well 7221/12-1 in PL 659
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for wildcat well 7221/12-1 in production licence PL 659. The well will be drilled about 20 km northwest of the discovery well 7222/11-2 (Langlitinden).
20 Apr 18
TAG Oil secures a revolving credit facility to pursue low-risk, high netback production opportunities
TAG Oil, an international oil and gas explorer with established high netback production, development and exploration assets, including production infrastructure in New Zealand and Australia, has secured a revolving credit facility of up to US$10,000,000 to pursue low-risk, high netback production opportunities.
20 Apr 18
Angola invites bids for two offshore oil blocks
Angola’s state-run oil firm Sonangol is inviting bids for part of its stakes in Blocks 21/09 and 20/11, offshore Angola, according to a Reuters report.
20 Apr 18
UK: Cluff Natural Resources announces subscription to raise GBP 0.75 million
Cluff Natural Resources has announced a subscription to raise a total of £750,000. The proceeds will be used to commence evaluation of any additional licences awarded in the 30th offshore licensing round and to continue the process to secure farm-in partner(s) to fund drilling on licences P2248 and P2252.
20 Apr 18
Morocco: SDX Energy announces gas discovery at LNB-1 well, onshore Morocco
SDX Energy has announced that a conventional natural gas discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit, onshore Morocco. The well is being completed as a conventional gas producer.
19 Apr 18
Australia: Galilee Energy provides update on the Glenaras multi-lateral pilot programme
Galilee Energy has provided an update on drilling operations at the Glenaras multi-lateral pilot programme. The Glenaras Gas Project was designed to to evaluate the quantity and quality of coal seam gas in the Galilee Basin Betts Creek and Aramac Coal Beds.
19 Apr 18
Georgia: Frontera Resources announces successful completion of Dino-2 well in Block 12, Georgia
Frontera Resources has announced the successful completion of the drilling operations at the Dino-2 well, the second well of the three-well drilling campaign at the Company's Taribani complex, situated within the Block 12 license in Georgia.
19 Apr 18
Egypt to auction 10 - 11 oil and gas concessions in Mediterranean
Egypt will auction 10 or 11 oil and gas exploration blocks in the Mediterranean, petroleum minister Tarek El Molla said. Egypt also aims to auction oil and gas drilling in the Red Sea by the end of 2018
19 Apr 18
India: BP and Reliance sanction second phase of integrated KG D6 development
BP and Reliance Industries Limited (RIL) have announced the sanctioning of the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the Block’s discovered deep-water gas fields in an integrated series of projects, bringing new gas production for India.
19 Apr 18
Sudan: Stamper Oil & Gas reports 22 percent increase in evaluated reserves to 182 million barrels for Sudan project
Stamper Oil & Gas has announced that Chapman Petroleum Engineering has completed an update on the oil and gas reserves and economics evaluation on the Sudan development prospect in Block 25D and Block 25E. Gross reserves have increased by 22 percent increase to 182 million barrels.
19 Apr 18
Norway: Statoil awards billion NOK contract for Njord Bravo FSO
Statoil announced Thursday it is awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian Sea. The contract value is around NOK 1.3 billion.
19 Apr 18
Norway's production decreases in March 2018
The Norwegian Petroleum Directorate reports that preliminary production figures for March 2018 show an average daily production of 1,901,000 barrels of oil, NGL and condensate, which is a decrease of 46,000 barrels per day compared to February. The main reasons that production in March was below forecast is technical problems on some fields.
19 Apr 18
Philippines: Red Emperor Resources announces successful transfer of SC 55 participating interests
Red Emperor Resources has received official confirmation from the Philippine Department of Energy (DoE) ratifying the request for the transfer of participating interests in Service Contract no. 55 (SC55) from Otto Energy to its partners, Century Red Pte. Ltd, PaIawan55 Exploration & Production Corp and Pryce Gases, Inc.
19 Apr 18
Rockhopper Exploration announces full-year results for the year ended 31 December 2017
AIM-listed Rockhopper Exploration has announced its audited results for the year ended 31 December 2017. Significant progress has been made in 2017 to advance and execute the contracting strategy and financing plan for the Sea Lion Phase 1 development in the Falklands.
19 Apr 18
Santos announces 2018 First Quarter Activities Report
Santos’ first quarter results highlight the benefits of a diversified portfolio of natural gas assets underpinned by a disciplined operating model focused on cash generation.
19 Apr 18
Guyana: ECO (Atlantic) provides update on 3D processing of Orinduik Block in Guyana - expanded resource targets identified
Eco (Atlantic) Oil & Gas has provided an update on the processing and interpretation of its recently acquired 2,550 sq km of 3D seismic on the Company's Orinduik Block, offshore Guyana.
19 Apr 18
Colombia: GeoPark announces further extension of Tigana oil field in Colombia
GeoPark has announced the successful testing of the Tigana Norte 9 appraisal well in the Tigana oil field in the Llanos 34 block in Colombia. The well extends and broadens the Tigana oil field towards the northeastern limits of the Llanos 34 block.
19 Apr 18
BHP announces operational review for the nine months ended 31 March 2018
BHP has announced an operational review for the nine months ended 31 March 2018. The exit process for Onshore US is progressing to plan, with bids expected by June 2018 and transactions potentially being announced in the first half of the 2019 financial year.
18 Apr 18
Ireland: Providence Resources JV makes application to convert LO 16/27 into a Frontier Exploration Licence
Providence Resources reports that TOTAL E&P Ireland, the operator of Licensing Option ('LO') 16/27 located in the southern Porcupine Basin, has applied to convert the Licensing Option into a Frontier Exploration Licence. LO 16/27 contains the undrilled Paleocene 'Avalon' exploration prospect.
18 Apr 18
Zimbabwe: Interpose Holdings acquires 80 percent interest in gas condensate project in Zimbabwe
Interpose Holdings has entered into a binding sale and purchase agreement to acquire an 80% interest and operatorship in the SG4571 Permit (Cabora Bassa Project) located in Zimbabwe via the acquisition of a 100% interest in Invictus Energy Resources. The Project contains potentially the largest undrilled structure onshore Africa, with TCF plus potential.
18 Apr 18
Australia: Cue Energy extends BP's option to acquire equity in WA-359-P
Cue Energy Resources has advised that the 42.5% equity option over exploration permit WA-359-P granted to BP Developments Australia, as announced on 13 October 2016, has been extended by 6 months until 25 October 2018. The permit contains the Ironbark Prospect, with an estimated 15 trillion cubic feet of prospective recoverable gas. resource
18 Apr 18
Indonesia: Eni announces approval of the development plan for the Merakes discovery offshore Indonesia
Eni has announced the approval of the Plan of Development (POD) for the Merakes field located in the East Sepinggan PSC in the Makassar Strait, offshore East Kalimantan, Indonesia.
18 Apr 18
US: ConocoPhillips announces successful results of 2018 Winter Exploration and Appraisal Program in Alaska
ConocoPhillips has concluded its 2018 winter exploration and appraisal program in Alaska. The Company reports that the three Willow appraisal wells support the previously announced estimate of a recoverable resource potential of at least 300 million barrels of oil and three exploration wells represent new discoveries for the company and further extend the play concept across the Western North Slope.
18 Apr 18
Iraq: Genel Energy receives payment for KRI oil exports
Genel Energy has announced that the Taq Taq partners have received a gross payment of $8.30 million from the Kurdistan Regional Government ('KRG') for oil sales during January 2018. Genel's net share of the payment is $4.57 million.
18 Apr 18
Woodside announces First Quarter 2018 Report
Woodside has announced its First Quarter 2018 Report. The first quarter was highlighted by Train 1 at Wheatstone LNG achieving steady production and demonstrating production rates above nameplate capacity.
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