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24 Jan 20
88 Energy announces Placement to raise AUD5.0 million
88 Energy has announced a Placement to raise AUD5.0 million. Capital raised will be used to fund the ongoing evaluation of the conventional and unconventional prospectivity of the Company's existing assets, including its share of any potential costs in respect to the upcoming Charlie-1 well, and to enable it to identify and exploit new opportunities on the North Slope of Alaska.
24 Jan 20
Trinidad: Columbus Energy to test Saffron well - South West Peninsula, Trinidad
Columbus Energy has completed the interpretation of the Saffron cased hole logging, with the result supporting the completion and testing of the Saffron well in February 2020.
23 Jan 20
US: USGS estimates 3.6 billion barrels of oil in Alaska's Central North Slope
One of the most productive areas in the world for oil remains rich in the resource, according to the latest USGS assessment. The USGS estimates 3.6 billion barrels of oil and 8.9 trillion cubic feet of natural gas conventional resources in Alaska’s Central North Slope.
23 Jan 20
GoM: Worley awarded FEED contract for TOTAL's North Platte field in the Gulf of Mexico
Worley has been awarded the Front-End Engineering Design contract for TOTAL E&P USA’s North Platte field development in the Gulf of Mexico.
23 Jan 20
Colombia: ION signs multi-client agreement for 2D and 3D programs offshore Colombia
ION Geophysical has entered into a multi-client agreement with Colombia’s National Hydrocarbon Agency, the ANH, granting rights to reprocess existing data and acquire new 2D and 3D multi-client programs offshore Colombia’s Caribbean coast.
22 Jan 20
Colombia: Fugro partners with Colombian Maritime Authority to complete seep hunting study
Fugro and the Colombian Maritime Authority (Dirección General Maritima, DIMAR) have completed a joint environmental seep hunting study to help assess the country’s resource potential in the Caribbean Sea.
22 Jan 20
Mexico: EMGS provides update on PEMEX multi-year acquisition contract
EMGS has announced that it has received a call-off for additional acquisition work associated with the two-year acquisition contract signed with PEMEX last year. The call-off consists of deep-water acquisition work and has a total value of approx. USD 3.4 million, excluding associated processing.
22 Jan 20
US: Oil Search's Mitquq-1 exploration well in Alaska encounters hydrocarbons
Oil Search reports that the Mitquq-1 exploration well, located 9 kms east of the proposed central processing facility for the Pikka Unit Nanushuk Development in Alaska, has intersected 60 metres of net hydrocarbon pay.
22 Jan 20
Canada: Questerre closes acquisition of Quebec assets
Questerre Energy has received all approvals and has closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company as set out in the Company’s press release dated March 7, 2019.
21 Jan 20
US: Otto Energy provides production update for Lightning field onshore Matagorda County, TX
Otto Energy has provided an update on the Green-1 production well at the Lightning field onshore Matagorda County, TX. Gross production from the Green-1 well increased to 14.3 MMscf/d gas and over 400 bbl/d of condensate with additional upside potential pending pressure stabilization.



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