Exploration
BP Indonesia will start drilling gas wells in Tangguh field in Papua in June, part of a series to drill 15 wells in the project, BP Indonesia President John C. Minge said at the 31st IPA Annual Convention and Exhibition at the Jakarta Convention Center. 
The Noble Ton van Langeveld semi-submersible drill rig, in dry dock for crane upgrades and maintenance, is about to embark on a two-year mission for Venture Production in the U.K. sector of the North Sea, as the oil company aims at more 2009 production. 
Pancontinental Oil & Gas NL, through Joint Venture (JV) partner Gippsland Offshore Petroleum Limited has completed the FALCON® airborne gravity data survey to further delineate leads in its 40% held Block L-6 in Kenya’s Lamu Basin. 
Gippsland Offshore Petroleum has applied for two high potential offshore exploration permits from the Government of Madagascar. The permits are expected to be awarded soon to GOP and its joint venture partner, East Africa Exploration Limited of Dubai. 
Calgary based oil company Antrim has started drilling the first of two exploration wells at the Meianera license in Rio Negro Province, central Argentina.
Pantheon, Petro Hunt back into old salt domes May 21, 2007
U.K. E&P outfit Pantheon Resources has bought its way onto acreage on the fringe of the U.S. Gulf of Mexico by farming into Petro Hunt’s Iberville Parish venture in Louisiana. 
BMB Munai, Inc. announced the initial test results of the Dolinnoe-6 well, drilled earlier this year by Great Wall (China). Well logging has identified five potentially oil bearing horizons. Completion activities were carried out by Baker Atlas, a subsidiary of Baker Hughes Inc. (US). 
Energy Partners, Ltd. announced the 100% EPL owned South Timbalier 46 field ("ST 46") commenced production ahead of schedule on May 14, 2007, and is currently producing natural gas at a rate of 25 million cubic feet per day with associated liquids. 
Imperial Energy heralded on Friday the finding of “very promising hydrocarbon reservoirs” without the specifics of well testing, as the company explores the Festivalnoye field in the Tomsk region of Western Siberia. 
Ireland-based Caspian player Dragon Oil has struck oil from a rig in the Caspian Sea and has already has the drill bit in similar formation, it was understood Friday. 
Canadian Imperial Venture Corp. provides the following update on the Company’s western Newfoundland business: 
Cooper Energy advise that the PEL 100 Joint Venture has agreed terms with Stuart Petroleum to drill a well on behalf of the PEL100 Joint Venture. 
JKX Oil & Gas plc has completed and tested Well M160 as part of its ongoing drilling programme at Poltava, Ukraine. The well confirms a northerly extension to the Molchanovskoye Field. 
India’s Reliance Industries has made two large hydrocarbon discoveries — one in shallow east coast waters, the other off the deepwater West — that look promising exploration in the Gujarat. 
GeoGlobal Resources Inc. provided an update on the exploration activities of the Gujarat State Petroleum Corporation (“GSPC” or the “operator”) as operator of the exploration block KGOSN- 2001/3 (“KG Offshore Block”). |
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