Exploration
Candax Energy Inc. announced that the work-over program on its onshore Ezzaouia field has been successfully completed, resulting in an increase in stabilized gross field production to approximately 3,000 barrels per day (bpd) from 900 bpd (Candax net equity 31.4%). 
Pertamina EP is optimistic that oil production from Pondok Tengah field in Bekasi will exceed 12,000 barrel per day by the end of the year. Pertamina is intensifying development activities, including building production facilities to raise output, Pertamina EP President Director Kun Kurnely said in Jakarta. 
The development of the Falklands Islands as an oil province awaits an environmental impact assessment and a drill rig, OilGas24.com inferred from a company statement Monday. 
London-based Soco International is laying casing quikcly after striking oil and gas under pressure at the Te Giac Den well offshore Vietnam. 
Hydro, soon to be StatoilHydro, has asked official Norway for permission to drill the wildcat 6609/6-1, the Snoehetta prospect in the Norwegian Sea.
DONG opting for Oselvar drilling off Norway Jun 1, 2007
Danish oil company Dong has asked Norwegian authorities for permission to drill a new well in the North Sea prospect Oselvar, 25 kilometres from the nearest production infrastructure. 
Statoil has permission from regulators to drill the Midnatt Sol prospect about midway between the Ormen Lange field and the Ellida oil discovery, it was learned Friday. 
Seismic alone did not soften a South Korean claim that an oilfield off the Kamchatka Peninsula near the Russian Far East holds 10.3 billion barrels of oi, Reuters reported Friday 
The Norwegian Oil and Energy Ministry on Thursday sent letters to 22 oil companies and offered 10 production licenses, as a second look was taken at companies turned away in the January 2007 installment of 2006’s Awards in Predefined Areas. 
Tekoil & Gas Corporation has executed its first recompletion of an oil producing zone in well 18, located at its North Point Bolivar field. 
Statoil has made what is believed to be a 50-million-barrel oil discovery at its wholly owned Ermintrude prospect, just 10 kilometres from the North Sea maturing North Sea field, Sleipner. 
Calgary-based North Sea developer Oilexco and partners have struck light sweet oil in the company’s 40-percent owned Huntington prospect in the central North Sea. 
The Meridian Resource Corporation today announced initial production test results on its Katherine Leary No. 1 well, located in Polk County, Texas, in the Company's East Texas Austin Chalk Play. 
Canadian outfit Falcon Oil & Gas has found oil in its search for Hungarian gas when its No. 1 Magyarcsanad well in a 362-metre section of a rock formation called Endrod. 
AWE has been granted three additional exploration permits in the offshore Taranaki basin by the New Zealand Ministry of Economic Development. |
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