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Canoro Resources Company News
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Canoro Updates on Drilling at Northeast India Exploration Block
Canoro Resources is updating the drilling and status on the AA-ON/7 exploration block in northeast India.
7:00 PM EST | January 15, 2009
Canoro Tests Amguri Appraisal Wells
Canoro completed production testing the Amguri field on both the A-12 and A-14 appraisal wells drilled in the fall of 2008. The A-14 production test was successful, but the A-12 well production testing was unsuccessful.
7:00 PM EST | December 22, 2008
Brownstone, Partners Plan Drilling on NW Indian Block in Q1 2009
Brownstone provided an update on its activity in its 15% participating interest in the AA-ONN-2003/2 onshore block in Arunachal Pradesh, Northwest India.
8:00 PM EST | July 15, 2008
Canoro Drills Amguri 12 and Completes Borkathani Well
Canoro Resources began drilling the Amguri 12 appraisal well with a new triple drilling rig on the Amguri Development Block in Northeast India. The company has also finished operations on the Borkathani well in the AA-ON/7 Exploration Block.
8:00 PM EST | July 14, 2008
Canoro To Sidetrack Amguri 13
A successful sidetrack should significantly increase the field's reserves and production potential, while setting up additional drilling locations.
8:00 PM EST | April 06, 2008
Drilling Delayed At Amguri, Logging To Come
Canoro Resources reported that drilling operations at the Amguri 13 well have proceeded as planned and the well has reached a depth of 3,027 meters into the main Barail formation.
8:00 PM EST | March 31, 2008
Canoro Focuses On Northeast Indian Property Acquisitions
Canoro Resources reported that the company continues to progress a number of initiatives for access to additional development and exploration acreage in Northeast India.
8:00 PM EST | March 31, 2008
Canoro Uffen Replaces Szczuczko As Geosciences Go-To Guy
Bob Szczuczko, Executive Vice-President Geoscience and Engineering, is no longer with Canoro Resources Ltd. In his place, Doug Uffen, Vice-President, Geoscience will be assuming responsibility for all geoscience activities.
8:00 PM EST | March 31, 2008
Canoro Updates Future Production Plans
Canoro reported that the current production results reported are consistent with the test results earlier reported during the completion of the Amguri 10B and 11 wells.
7:00 PM EST | February 04, 2008
Canoro Announces Private Placement to CFO
Canoro Resources announces a private placement to Brian Gieni, Canoro's VP - Finance and CFO now that all drilling operations have been completed.
8:00 PM EST | October 15, 2007
Canoro's Amguri 11 Successfully Tested
Canoro Resources has completed all tests at Amguri 11 and proved it to be the most successful results to date.
8:00 PM EST | October 09, 2007
Canoro Logs Oil Pay at Amguri 11
Canoro Resources has completed three of five tests in the Amguri 11 well. To date, two new reservoirs have been confirmed with another zone and the main Barail reservoir still to be evaluated.
8:00 PM EST | October 02, 2007
Canoro Secures Funding for Amguri Development
Canoro has entered into an agreement with Gemini Oil & Gas, whereby Gemini will Fund US$10 million for appraisal and development drilling in Canoro's Amguri Field in Assam, India.
8:00 PM EST | September 19, 2007
Canoro Petroleum to Test Amguri 11
Canoro Resources has drilled Amguri 11 through the Barail to a depth of 3327 meters.
8:00 PM EST | August 28, 2007
Canoro and ONGC Conclude Evaluation of Nagaland Work Program
Canoro Resources and ONGC have concluded the technical evaluation and reached mutual agreement under the Joint Study Agreement for the initial work program to be conducted on the six Nagaland blocks.
8:00 PM EST | August 19, 2007
Canoro Names Gieni Finance Chief
Canoro Resources has appointed S. Brian Gieni, CMA, as the Company's new Vice President, Finance and Chief Financial Officer (CFO).
8:00 PM EST | August 06, 2007
Canoro Spuds Amguri 11
Canoro Resources began drilling operations at the Amguri 11 appraisal location on the Amguri development block in northeast India.
8:00 PM EST | August 01, 2007
Canoro Completes Testing on Amguri 10B
Canoro Resources successfully completed testing operations on the upper 14 meter interval (2,882 m - 2,896 m) of the Amguri 10B well.
8:00 PM EST | July 30, 2007
Canoro Completes Initial Testing at Amguri 10B
Canoro Resources has successfully completed the initial testing operations on the Amguri 10B well.
8:00 PM EST | July 26, 2007
Canoro Moving Forward with Phase III Activities at Block AA-ON/7
Canoro Resources has received government approval to retain approximately 1,089 km2 or 56% of the original block area of the AA-ON/7 exploration block for Phase III exploration activities.
8:00 PM EST | June 26, 2007
Canoro and ONGC Form Nagaland Partnership
Canoro Resources Ltd. has signed a Joint Study Agreement ("JSA") with Oil and Natural Gas Corporation Ltd. ("ONGC"). This significant agreement has four main purposes:
8:00 PM EST | June 20, 2007
Rig Shortage Hinders Indian Oil Exploration
India has put off an auction of oil exploration rights by five months as a rig shortage delays drilling in existing fields and slows a quest to cut dependence on imports.
8:00 PM EST | May 30, 2007
Canoro Abandons Dolakharia
Canoro Resources Ltd. has completed drilling and testing operations on the Dolakharia exploration well.
8:00 PM EST | May 29, 2007
Canoro: Seven-well Program in NE India to Begin in Q4
Canoro Resources Ltd. on Thursday reported that the operator of the Indian block AA-ONN-2003/2 is continuing the 220-km 2D seismic acquisition program, which is over 70% complete.
8:00 PM EST | May 23, 2007
Canoro Begins Drilling on NE India Block
Canoro Resources Ltd. began drilling operations over the weekend at the Dolakharia exploration location on the AA-ON/7 exploration block in northeast India.
8:00 PM EST | May 06, 2007
Canoro Abandons Sonakhet, Moves Rig to Dolakharia
Canoro Resources Ltd. has completed drilling and testing operations on the Sonakhet exploration well in northeast India.
8:00 PM EST | April 04, 2007
Canoro Spuds Well in NE India
Canoro Resources Ltd. on Monday began drilling operations at the Sonakhet exploration location on the AA-ON/7 exploration block in northeast India.
8:00 PM EST | March 19, 2007
Canoro Suspends Amguri 10 Drilling
Canoro Resources has suspended drilling of the Amguri 10 appraisal well on the Amguri development block in northeast India, pending collection of additional information.
7:00 PM EST | February 01, 2007
Canoro Reports Amguri 10 Progress
Canoro Resources Ltd. this week issued an update on the drilling progress of the Amguri 10 appraisal well on the Amguri development block in northeast India.
7:00 PM EST | January 17, 2007
Canoro Signs Cooperation Deal with Northeast Indian State
Canoro Resources Ltd. said that it has signed a Joint Cooperation Agreement (JCA) with the State Government of Nagaland in northeast India to mutually assist in the development of the State's hydrocarbon industry.
7:00 PM EST | December 18, 2006
Canoro Spuds Amguri 10 in India
Canoro Resources Ltd. said that it began drilling operations Sunday at the Amguri 10 well. The Amguri 10 well is being drilled from a pad adjacent to Amguri 6 to a planned vertical depth of 4,000 meters.
7:00 PM EST | November 19, 2006
Brownstone & Canoro Moving Forward with Indian Projects
Canoro and Brownstone have agreed to bid together for exploration blocks under India's NELP VI (New Exploration Licensing Policy) licensing round. Bids are to be submitted by September 15, 2006.
8:00 PM EST | July 30, 2006
Canoro Revises Financing Terms
Canoro Resources has revised the terms of its financing agreement with Jennings Capital. The Agents will now sell on a private placement agency basis up to 24,300,000 Units at $1.03 per Unit for gross proceeds of $25,029,000.
8:00 PM EST | July 13, 2006
Canoro Reports Prospective Resource Estimates for Amguri and AA-ON/7
Canoro Resources announces prospective resource estimates for its Amguri oil and gas field, and five independent prospects on its AA-ON/7 exploration block.
8:00 PM EST | May 29, 2006
Brownstone and Canoro Agree to Farm-In on Indian Blocks
Brownstone Ventures has entered into a letter of intent with Canoro Resources that grants Brownstone a 15-percent participating
interest in Canoro's AA-ON/7 and AA-ONN-2003/2 exploration
blocks in northeast India.
8:00 PM EST | April 02, 2006
Canoro Working to Complete Seismic Work in India
Canoro Resources is actively pursuing the completion of its seismic programs on all three blocks in India over the next few months.
7:00 PM EST | February 01, 2006
Canoro Successfully Completes Amguri 6 Well Test
Canoro Resources has obtained and installed the necessary high pressure and auxiliary test equipment to safely perform the initial clean-up and production test of the Amguri 6 well.
7:00 PM EST | January 25, 2006
Canoro Signs Arunachal Pradesh Production Sharing Contract
Canoro Resources has signed a Production Sharing Contract with the Government of India on the previously awarded NELP V AA-ONN-2003/2 exploration block in Arunachal Pradesh, northeast India.
7:00 PM EST | December 15, 2005
Canoro Successfully Tests Amguri Number 6 Well
Canoro Resources has successfully completed remedial operations and
initial testing of the Amguri 6 well.
7:00 PM EST | November 13, 2005
Canoro Successfully Tests Oil at Amguri 5 Well
Canoro Resources has successfully completed remedial operations and
testing on two intervals of an oil producing zone in the suspended Amguri 5 oil well.
8:00 PM EST | October 27, 2005
Canoro Awarded New Exploration Block in NE India
Canoro Resources has been awarded the AA-ONN-2003/2 onshore exploration block.
8:00 PM EST | October 10, 2005
Canoro Says South Jorhat 1 Exploration Non-Commercial
Canoro Resources has completed drilling and testing its first exploration well, South Jorhat 1 in India. The well encountered oil and gas shows in five separate formations, and was tested in three of those formations. None of the tested formations showed economic quantities of hydrocarbons. The well has been abandoned.
8:00 PM EST | October 02, 2005
Canoro Begins Drilling South Jorhat Exploration Prospect
Drilling operations on Canoro Resources' South Jorhat exploration prospect, on the AA-ON/7 exploration block in northeast India, have now commenced.
8:00 PM EST | July 19, 2005
Canoro to Spud Jorhat Exploration Well in Mid-July
Drilling operations on Canoro Resources' South Jorhat exploration prospect, on the AA-ON/7 exploration block in northeast India, will commence mid-July 2005.
8:00 PM EST | July 04, 2005
Canoro Updates Development and Exploration Activity
Canoro Resources' 2005 development and exploration programs are well
underway. The Company has commenced re-entry and testing operations at its Amguri Field, while site construction work nears completion for the South Jorhat exploration well on the AA-ON/7 exploration block, both in northeast India.
8:00 PM EST | June 02, 2005
Canoro Begins Re-Entry Work on the Amguri Field in India
Canoro Resources commenced re-entry operations at the Amguri Field, northeast India. Site construction work is proceeding for the South Jorhat exploration well on the AA-ON/7 exploration block, also in northeast India.
8:00 PM EST | April 19, 2005
Canoro Commences Well Workover Operations in India
Canoro Resources has contracted a second rig for the Dergaon # 1 well on the AA-ON/7 block. The work program on the well provides for a long term deliverability test as part of Canoro's strategy to provide
justification for drilling an appraisal well, book reserves and to
expand its gas markets in Assam.
7:00 PM EST | February 15, 2005
Canoro Hires Rig for Work Program in India
Canoro Resources has contracted a rig for its work programs in Assam, India. The rig has been working in India for a number of years.
7:00 PM EST | December 08, 2004
Canoro Raises Financing for E&P in India
Canoro Resources of Canada has raised $8.1m to finance its E&P activities in India. On September 29th the firm raised the money through a private placement of its equity shares.
8:00 PM EST | October 18, 2004
Canoro Resources Increases Stake in Amguri Block
Canoro Resources has increased its stake in the onshore Amguri oil and gas block from 35 percent to 60 percent and gained operatorship of the block.
8:00 PM EST | July 09, 2003