Exploration News

Petrobras Subsalt Rule to be 'Corrected'
Brazil >> 6/26/2015 - Brazil's president of the lower house, Eduardo Cunha, said on Friday that a requirement in the national oil law that state-run oil producer Petroleo Brasileiro SA, known as Petrobras, participate in a...
ADX Energy Provides Update on Romania
Romania >> 6/19/2015 - ADX Energy Ltd is pleased to report that a 30 month extension of the exploration period for the EX-10 PARTA permit has been signed with NAMR (“Agentia Nationala Pentru Resurse Minerale”), the national...
Gazprom & YPF Address Cooperation Prospects in Energy Sector
Argentina >> 6/19/2015 - A working meeting between Alexey Miller, Chairman of the Management Committee and Miguel Galuccio, Chief Executive Officer of Argentine National Petroleum Company YPF took place within the St. Petersb...
Humpback Exploration Well on Licence PL012 Spudded
Falkland Islands >> 6/15/2015 - Falkland Oil and Gas Limited is pleased to announce that the 'Humpback' exploration well was spudded on 13 June 2015. ...
OOCEP Plans Two Exploration Wells Targeting Oman Block 42
Oman >> 6/13/2015 - Exploration activities targeting hydrocarbon prospects in Block 42 are set to shift into higher gear as Oman Oil Company Exploration & Production (OOCEP), the wholly owned upstream subsidiary of Oman ...
Tethys Petroleum Provides a Corporate Update
Kazakhstan >> 6/11/2015 - Tethys Petroleum Limited provides the following corporate update to its shareholders. ...
Pemex Unveils Biggest Oil Find in Years, Sees 200,000 bpd Boost
Mexico >> 6/10/2015 - Mexican state oil company Pemex had made one of its biggest discoveries in years, unveiling new shallow water oil fields in the southern Gulf of Mexico that could produce 200,000 barrels per day (bpd)...
Statoil Finds Third Gas Discovery in the Aasta Hansteen Area
Norway >> 6/9/2015 - Statoil and PL602 partners have made a gas discovery in the Gymir prospect. With three discoveries in a row, an important progress has been made in unlocking full potential of the Aasta Hansteen area....
CNPE Authorizes Completion of the 13th Bidding Round
Brazil >> 6/9/2015 - The National Energy Policy Council (CNPE) published in the Official Gazette the Resolution No. 1/2015, which authorizes ANP to hold the 13th Bidding Round for Exploratory Blocks Oil and Natural Gas. T...
MX Oil & Geo Listed as Interested Parties in Phase III of Mexico Bid Round 1
Mexico >> 6/9/2015 - MX Oil plc is pleased to note that both the Company and its local partner Geo Estratos ('Geo') have been formally listed as interested parties in Phase III of Bid Round 1 by the National Hydrocarbons ...
YPFB Airborne Geophysical Method Used for Exploratory Operations
Bolivia >> 6/6/2015 - The President of the Plurinational State of Bolivia, Evo Morales, presented in the city of Tarija SFD airborne geophysical method that uses Oilfield Fiscales Bolivianos (YPFB Corporation) in explorato...
Northcote to Examine Indonesian Oil & Gas Opportunities
Indonesia >> 6/5/2015 - Northcote is pleased to announce that it has added to its portfolio of high impact interests through entering into a Participation Agreement and equity investment in CEB Resources plc ('CEB'), the AIM...
EMGS Continues to Work for PEMEX in Mexico
Mexico >> 6/4/2015 - Electromagnetic Geoservices ASA (EMGS) has received a letter from PEMEX to return for 3D EM acquisition in Mexico. The vessel BOA Galatea is expected to re-start the work for PEMEX. The order is confi...
Morkel Well Completed as an Uncommercial Oil Discovery
Norway >> 6/4/2015 - Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 33/2-2 S. ...
Canadian Overseas Provides Liberia Update
Liberia >> 6/2/2015 - Canadian Overseas Petroleum Limited; along with its partner, ExxonMobil, remain committed to completing their work program and obligations under the LB-13 amended and restated Production Sharing Contr...
Dana Gas Signs Participation Agreement with BP
Egypt >> 6/2/2015 - Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a ...
Road Show for Uganda’s First Licensing Round
Uganda >> 6/1/2015 - The Government of Uganda through the Ministry of Energy and Mineral Development has opened up six blocks in the Albertine Graben for licensing in the first competitive bidding round. Following the iss...
Egypt Signs $2b Exploration Deal with Italy's Eni
Egypt Signs $2b Exploration Deal with Italy's Eni Egypt >> 6/1/2015 - Eng. Sherif Ismail, Minister of Petroleum and Mineral Resources, witnessed signing the agreement between the Egyptian General Petroleum Corp. "EGPC and the Italian Company - ENI, as a prelude for the ...
Bowleven Spuds Zingana Exploration Well on Bomono Permit
Cameroon >> 6/1/2015 - Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that drilling operations have commenced on the Zingana exploration well on the Bomono Permit, onshore C...
Mexico Lifts Bidding Limits for First Batch of Oil Tenders
Mexico >> 5/29/2015 - Mexico's oil regulator voted to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer with the public auction of 14 shallow water ...

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