Exploration
Revus Energy has agreed to buy from Statoil a stake in the Murchison field and the Delta discovery via new stakeholdings, it was understood Monday. 
U.K. independent oil company Circle Oil and Tunisian explorer EXXOIL have hired Oil Field Services Co. to drill two onshore wells in the southern African country. 
Danish oil company DONG and partners announced on Thursday the finding of more tightly packed oil and gas at the Ninni East field than was reckoned to be in place. 
Calgary-based North Sea developer Oilexco has tested the Huntington light-oil discovery and attained flows of 5,577 barrels per day of oil and 3.4 million standard cubic feet per day of gas, or more than thought. 
Drilling, logs and fluid tests tell Tullow Oil that a “high impact” light-oil discovery has been made at the Mahogany-1 exploration well in the West Cape Three Points licence offshore the Republic of Ghana. 
Norwegian independent DNO has drilled the Godah 6 well in Yemen to its total depth and has kitted it out to produce and the well has flowed to 2,500 metres per day. 
Melrose Resources plc provides an update on its drilling programme in the Black Sea, offshore Bulgaria. 
TransGlobe Energy Corporation announces a successful oil well at Godah #6 in the Republic of Yemen. 
A Stavanger-based oilfield services company boasting a drilling machine that bores into sub-soil like a mole, free of a derrick, listed on the energy-focused Oslo Stock Exchange’s start-cap Axess this week. 
The Transocean Winner semi-submersible drill rig in the North Sea has found “some oil and gas” for Hydro and partners at the H-Nord prospect near the producing Fram field. 
Houston-based U.K. explorer Endeavour International declared Friday that the large hydrocarbon section it drilled into recently at the Balgowni prospect were not of high-enough quality to produce. 
The forecast for Norwegian oilfield spending in 2007 has been revised higher to a record NOK111.3 billion kroner ($18.58 billion) after a survey of spending by a national researcher. 
HELLENIC PETROLEUM S.A. announces that in Egypt today a contract was signed granting hydrocarbon exploration and exploitation rights in West Obayed. 
Noble Energy and operator partner BP have struck oil at the Isabela field in the deep water of the Gulf of Mexico. 
Arawak Energy Corporation has entered into an agreement, subject to certain conditions, under which the Company expects to acquire Saigak Investments BV, a company which has a 40% participating interest in the Saigak field in Western Kazakhstan. |
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