Exploration
Houston-based Thai explorer Coastal Energy Co. has bought its own offshore rig to escape high day rates in Southeast Asia, as it explores its wholly owned 17,000 square kilometres of Block 65/43. 
Calgary-based North Sea oil company Antrim has hired AGR Peak Well Management of Aberdeen and the semi-submersible drilling rig Transocean Prospect to drill three wells near its East Causeway discovery. 
JKX Oil & Gas plc has completed and tested the deeper of two hydrocarbon bearing intervals in Well R102 as part of its ongoing drilling programme at Poltava, Ukraine. Well R102 is the second new well to be drilled by JKX on the Rudenkovskoye Field. 
Interra Resources Limited announced on 22 December 2006 that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (“Goldpetrol”) had commenced drilling the last well of a 3 well shallow infill program, well number CGP-05, at its Chauk oil field in Myanmar. 
U.K.-based Rusia player, Matra, has hired a rig to a drill a $4.5-million well into the Sokolovskaya prospect in Siberia, it was learned Thursday. 
Cairn in India has struck more oil and will drill more in the north of the Rajesthan block which has helped transform the E&P outfit into a medium-sized independent. 
The Meridian Resource Corporation today reported its current status on the momentum of its business plan designed for growth in reserves and production based on a balanced portfolio of high potential and longer-lived reserves. 
Talisman has struck oil in the National Petroleum Reserve of Alaska with three wells through several formations of sandstone, it was announced Wednesday. 
U.K. oilfield player Mediterranean Oil & Gas has hired seismic surveying vessel M/V Geo Mariner of Seabird Exploration.to shoot 1,000 kilometres of “2D” seismic in four blocks of Area 4 offshore Malta. 
SOCO Vietnam Ltd., majority owned subsidiary of SOCO International announces that the Te Giac Cam (TGC-1X) well, the first well on Prospect "S" in Block 16-1, will be plugged and abandoned after reaching a total depth of 4,196 metres. 
Petrolifera Petroleum Limited provides an operational update to its shareholders. The company’s first quarter 2007 crude oil sales averaged 11,333 bbl/d, which represents a 511 percent increase over the same period last year when sales were only1,855 bbl/d. 
Mart Resources, Inc. and its partners Midwestern Oil and Gas Company PLC and Suntrust Oil Company Nigeria Limited today report an update on the UMU-4 well they recently drilled in the Umusadege Field in Nigeria. 
Canadian Natural Resources Limited provides its regular quarterly update on the Horizon Oil Sands Project (“Horizon Project”). 
Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in the U.S.A., Syria and Iraq, is pleased to provide an updated reserves study as of 31 December 2006 for Gulfsands' USA oil and gas properties. 
High-pressure well-fracturing technology is nowhere to be had in the Republic of Georgia, according to E&P outfit CanArgo, who Monday reported it had to give up stimulating the M12 well for want of special, high-pressure kit. |
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