New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company") today announced that it has received approval from New Zealand Petroleum & Minerals ("NZPAM") to extend the Alton Permit (Petroleum Exploration Permit 51151) ...
Santos has made a fourth gas discovery offshore Western Australia at its Winchester-1 exploration well in the prolific Carnarvon Basin, the company said in a statement Thursday. Santos Vice President Western Australia and Northern ...
Tags: Santos, Gas Discovery
KrisEnergy, a Southeast Asia-focused oil and gas company, said Thursday that its Tayum-1 exploration well in the Kutai production sharing contract offshore Kalimantan, Indonesia, has encountered gas. A preliminary well log evaluation ...
Tags: Metallurgy, Mineral, Energy
Shell remains cautious regarding the potential of two onshore oil exploration blocks in Albania despite increasing its stake in the blocks from 50% to 75%, the company said Tuesday. The deal leaves operator, Canada's Petromanas Energy, ...
Tags: Oil Potential, Block Stake Hike
Houston-based Furie Operating Alaska reached its planned depth of 10,400 feet and is making plans to do a natural gas production test in a closely watched Cook Inlet exploration well, state officials said Thursday. Kyle Smith, petroleum ...
Tags: Furie Operating, Cook Inlet Test
THE sharemarket jumped after Cyprus reached an in-principle agreement with the troika of international lenders on key parameters of a financial bailout, according to an EU official. Under the agreement, Cyprus' Laiki Bank would be split ...
Tags: economy
Shell is working to meet Brazil's stringent local content requirements, but says there is a worry about industry capacity four or five years down the line, Shell Brazil CEO Andre Araujo said Thursday. Local content rules set ...
Tags: Shell, stringent local content, oil platform
Gulf Keystone notes today’s update by MOL Hungarian Oil and Gas Plc., the operator of the Akri-Bijeel Block in the Kurdistan Region of Iraq (in which Gulf Keystone has a 20 per cent working interest), on its extensive exploration and ...
Tags: New Oil, Iraqi Kurdistan, Gulf Keystone
Sterling Energy has announced that it is withdrawing from the Sangaw North Production Sharing Contract (“PSC”) in Kurdistan. Shares in the company were trading down 3.3 percent on Friday morning: Interpretation of the 2D ...
Tags: Sterling Energy, PSC, Kurdistan
WesternZagros Resources has announced a fourfold increase in the Company’s contingent resource estimates at the giant oil discovery on the Kurdamir Block in the Kurdistan Region of Iraq. Shares closed up 2.7 percent on Monday, but ...
Tags: WesternZagros Resources, fourfold increase, contingent resource
Afren plc‘s trading statement and operations update includes the following review of its activities in Iraqi Kurdistan. Shares in the company closed up 2.7 percent: Barda Rash Having commenced an extensive testing programme at the ...
Tags: Afren, trading statement, operations update
Drillsearch Energy has cased and suspended its Coorabie-1 wet gas exploration well in the Cooper Basin Western Flank for future evaluation of the Patchawarra and Tirrawarra sands. The well encountered good hydrocarbon fluorescence and ...
Tags: Drillsearch Energy, gas exploration, Cooper Basin Western Flank