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percent stake during the exploration and appraisal phases. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law. square miles) onshore Algeria. square miles) onshore Algeria. square miles) onshore Algeria. State-owned QatarEnergy also owns 24.5
(Oil & Gas 360) – HOUSTON , May 16, 2025 / PRNewswire / — EOG Resources, Inc. ( EOG ) today announced that the company was awarded a new oilexploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA).
million barrels of oil equivalent. million barrels of oil equivalent. Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery. The second appraisal well, 6507/5-12 S, was drilled about 22 kilometers (13.7
The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. nozzle opening.
TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed…
(World Oil) – APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope.
TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has pushed back the drilling of appraisal well Chuditch-2…
UK-based explorer Pantheon Resources is moving forward with its Alaska drilling campaign despite recent setbacks at its Megrez-1 exploration well. In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. The well was suspended, and shares dropped to 20.65
(Oil & Gas 360) – CanCambria Energy Corp. investors seeking investment opportunities in early-stage European appraisal and development projects, and access more broadly to the European natural gas market. is a Canadian-based exploration and production company specializing in tight gas development.
(Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin. About CanCambria Energy Corp.
Steve Greenlee, then-president of ExxonMobil Exploration Co., said, “These are encouraging results in a frontier exploration area” An earlier well, Delphyne-1, did not yield commercial quantities of hydrocarbons. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
(Oil & Gas 360) Publisher’s Note: CanCambria Energy will be presenting at the 30th Anniversary of EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd., a TSX-listed oil and gas producer in Australasia and Egypt.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. is a Canadian-based exploration and production company specializing in tight gas development. Register and reserve your room. CanCambria Energy Corp.
The acquisition will involve interest in both oil and gas producing assets and blocks undergoing exploration, appraisal and development. The post Vitol to Acquire a Portion of Enis Assets in Cote dIvoire, Congo first appeared on Egypt Oil & Gas. billion at 1 January 2024, with standard cash adjustment at closing.
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has submitted environmental impact drafts for the drilling
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has entered into a series of agreements for the funding of
Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Tawke production currently realises only around $35/bbl, which is well below relevant reference benchmark oil prices. EBITDAX1 1.1 EBITDAX1 1.1
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