Gulf Oil and Gas accountACCOUNT

Goldpetrol Signs Chauk & Yenangyaung Field IPRCs

Source: www.gulfoilandgas.com 9/15/2017, Location: Asia

Interra Resources Limited (Interra) is pleased to announce that further to the announcement dated 10 August 2017, its joint venture entity, Goldpetrol Joint Operating Company Inc. (Goldpetrol) has signed the supplemental agreements with the Myanma Oil and Gas Enterprise (MOGE) on 15 September 2017 for the 11-year extension of the Improved Petroleum Recovery Contracts (IPRCs) for the Chauk field and the Yenangyaung field, both of which are situated in Myanmar.

Interra has a 60% interest in each of the IPRCs for the Chauk and Yenangyaung fields, and also owns 60% of Goldpetrol, which is the operator of both the Chauk and Yenangyaung fields. Following the extension of the two IPRCs, the Company will conduct an update on its reserves and resources for both the Chauk and Yenangyaung fields accordingly.

Exploration News in Myanmar >>

Norway >>  11/12/2019 - ConocoPhillips Scandinavia, operator of production licence PL 782 S, has concluded the drilling of wildcat well 25/7-7. The well was drilled about 15 ...
United Kingdom >>  11/12/2019 - On 10 July 2019 the Oil and Gas Authority (OGA) launched the 32nd Offshore Licensing Round. After being open for 120 days, the round closed today (12 ...

Iran >>  11/10/2019 - Iranian President Hassan Rouhani announced the discovery of a new oilfield in the south-western province of Khuzestan. ...
China >>  11/8/2019 - Further to the announcement of 28 October 2019, Horizon Oil advises that the WZ 6-12 M1 exploration well, Beibu Gulf, People’s Republic of China, has ...

Norway >>  11/8/2019 - Aker BP, operator of production licence PL 019 C, has concluded the drilling of wildcat well 2/1-17 S. The well was drilled about 10 kms south of the ...
Brazil >>  11/7/2019 - On November 7, ANP will hold the 6th Round of Production Sharing Bids, in which it will offer the blocks called Aram, Boomerang, Southern Cross, South...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Myanmar Oil & Gas 1 >> 

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.