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Nineteen wells to watch - update

We have heard results from some of the wells mentioned in the "nineteen second half 2010 wells to watch" article of 28 July, and have a few more to add to the pot. In the Nort...
31 August 2010

Cladhan appraisal exceeds expectations
EnCore Oil watchers will be delighted to see the announcement today from Sterling Resources, the Canadian-listed operator, that it has successfully completed the first sidetrack on...
30 August 2010

Oil & Gas Round-Up: 27 August
PetroNeft Resources (PTR) has commenced year round production from Licence 61, Tomsk Oblast, Russian Federation. Field production from four wells has been 1,100 bbls of oil in...
27 August 2010

Oil & Gas Round-Up: 20 August
Rockhopper Exploration (RKH) announced that an exploration well at its Ernest prospect in the North Falkland Basin, did not encounter hydrocarbons and is a dry hole. The well ...
20 August 2010

Rockhopper Exploration looks to Sea Lion flow test after Ernest duster
Rockhopper Exploration has confirmed that an exploration well at its Ernest prospect in the North Falkland Basin did not encounter hydrocarbons and is to be plugged and abandoned a...
18 August 2010

Oil & Gas Round-Up: 13 August
Caza Oil & Gas (CAZA) has made a potentially significant gas and gas condensate discovery at its Bongo prospect in Wharton County, Texas. Caza plans to perform production ...
13 August 2010

Nighthawk Energy on the trail of defamers
Nighthawk Energy has announced that it has tracked down certain individuals on the www.iii.co.uk and ADVFN.com bulletin boards, who it believes are involved in persistent defam...
09 August 2010

Oil & Gas Round-Up: 6 August
In Tunisia, Petroceltic International (PCI) is to plug and abandon the Oryx-1 exploration well, on the Ksar Hadada Permit as no significant oil saturation was present in the targ...
06 August 2010

Oil & Gas Round-Up: 30 July
Caza Oil & Gas (CAZA) has said that its Bongo well in Texas has reached a depth of 12,964 feet with target depth of 16,000 feet expected to be reached in about 15 days. Pr...
30 July 2010

PetroNeft Resources expecting first oil production in late August
With the sixth of nine production wells drilled, and construction of production facilities almost complete, PetroNeft Resources expects to achieve first oil production from its...
29 July 2010

Nineteen second half 2010 exploration wells to watch
Last week we discussed the fact that the smaller listed explorers appeared to be having a good year with the exploration drill bit. So, what confirmed or almost confirmed wells are...
28 July 2010

Argos Resources raises £22 million to join Falkland Islands exploration party
Argos Resources, which has held an exploration licence in the North Falkland Basin since 1997, expects its shares to be admitted to trading on AIM on Thursday 29 July. Argos Resou...
27 July 2010

Petroceltic drilling in Tunisia and Algeria in second half of 2010
Petroceltic International said today that it had signed up a land rig to undertake a seven month, four well appraisal drilling programme on the Isarene Permit in Algeria. The appr...
26 July 2010

Oil & Gas Round-Up: 23 July
Faroe Petroleum (FPM) has announced an oil discovery on the Wintershall operated Maria prospect in the Norwegian Sea. Preliminary analysis indicates volumes in place of betwee...
23 July 2010

Smaller explorers enjoying exploration success in 2010
Recent announcements suggest the smaller UK listed oil and gas exploration companies are doing rather well with the drill bit this year. The following list, although not exhaustive...
23 July 2010

Faroe Petroleum makes it two discoveries in 2010 in Norway
Faroe Petroleum expects to participate in the drilling of five wells in 2010, and the first two wells in that programme have delivered discoveries. This morning Faroe Petroleum has...
22 July 2010

Rockhopper Exploration mobilises rig to drill Ernest prospect
Rockhopper Exploration has announced that the Ocean Guardian drilling rig is on its way to the Ernest prospect, located in Licence PL024 in the North Falkland Basin, where it will ...
21 July 2010

Insider traders in Tower Resources shares caught by FSA
The Financial Services Authority has today fined Jeremy Burley £144,200 and his father, Jeffery Burley, £35,000 for engaging in market abuse in relation to the shares of Tower Reso...
19 July 2010

Oil & Gas Round-Up: 16 July
Bowleven (BLVN) said the IE-3 appraisal well in Cameroon has encountered multiple hydrocarbon bearing reservoirs comprising both gas condensate and light oil. Petro Matad's ...
16 July 2010

Falkland Oil & Gas says Toroa is dry
Falkland Oil and Gas (FOGL) has announced that the BHP Billiton operated Toroa exploration well, in the waters to the south of the Falkland Islands was dry. FOGL has a 49% inte...
12 July 2010

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