Centurion Energy International Company News

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Thomas to Begin New Role at Melrose in Early June
Melrose Resources plc said that, further to its May 2 announcement regarding the appointment of David Howard Thomas as its new chief executive, Thomas is now expected to assume the position on June 4, 2007.
8:00 PM EST | May 08, 2007
Melrose Names New Chief Exec
David Howard Thomas will be joining Melrose Resources plc as its new Chief Executive.
8:00 PM EST | May 01, 2007
Centurion Set to Become Part of Dana Gas
Centurion Energy International shareholders have approved a plan of arrangement that will make the company a wholly owned subsidiary of Giza Acquisition, Inc., which itself is a wholly owned subsidiary of Dana Gas PJSC.
7:00 PM EST | January 08, 2007
Dana Sets Course for Mideast Upstream Growth
Dana Gas PJSC, the first regional private-sector gas company in the Middle East, on Tuesday announced the acceptance of its offer to acquire all the outstanding shares of Centurion Energy International Inc. of Calgary.
7:00 PM EST | January 08, 2007
Energy XXI Reports South Louisiana Discoveries
Energy XXI (Bermuda) Limited announced two discoveries onshore in South Louisiana and provides an update on current and future exploration and development drilling activities, and risk management.
7:00 PM EST | January 07, 2007
Centurion and Shell End Farm-in and LNG Deal
Centurion Energy International Inc. said that Shell West Manzala GmbH and Shell West Qantara GmbH (collectively, "Shell") and Centurion have agreed to terminate the West Manzala and West Qantara Farm-in and LNG Co-operation Agreement.
7:00 PM EST | December 28, 2006
With Dana Merger Imminent, Centurion to Delist from AIM
Centurion Energy International Inc., which will become a wholly owned subsidiary of Dana Gas PJSC next month, said that its AIM listing will be cancelled on or about January 11, 2007.
7:00 PM EST | December 07, 2006
Dana Gas to Acquire Centurion
Dana Gas PJSC said Sunday that it has entered into an agreement with Centurion Energy International Inc. of Calgary, Alberta to acquire all of Centurion's outstanding common shares for C$12.00 per share.
7:00 PM EST | November 12, 2006
Centurion Says 2007 Drilling Program Includes Ten Exploration Wells
Centurion's planned 2007 drilling program includes 10 exploration and appraisal wells and 2 development wells, all to be drilled on its Egyptian exploration and development leases.
8:00 PM EST | October 08, 2006
Centurion Closes Debt Facility with BNP Paribas
Centurion Energy International has closed its new debt facility with BNP Paribas for US$215 million of debt capacity.
8:00 PM EST | October 03, 2006
Centurion Adds Working Interest in Sao Tome JDZ
Centurion Energy International Inc. said that it has acquired an additional 2% working interest in Block 4 in the Sao Tome Joint Development Zone (JDZ). This will increase Centurion's interest in the Block to a total of 9.5%.
8:00 PM EST | August 10, 2006
Centurion Announces New Gas Discovery in Egypt
Centurion Energy International Inc. on Wednesday said that the Luzi-1 exploration well in the Egyptian Nile Delta has been drilled to test a prospect on trend with the El Wastani field. The well encountered gas-bearing zones.
8:00 PM EST | August 01, 2006
Centurion Negotiates Higher Debt Capacity
Calgary-based Centurion Energy International, Inc. and French bank BNP Paribas have signed a term sheet and mandate letter that will give Centurion access to $US215 million of debt capacity available immediately upon closing.
8:00 PM EST | June 18, 2006
Centurion Says Egypt Wells Encounter Non-Commercial Hydrocarbons
All three wells on the new West Manzala concession were exploration tests exploring new targets based on seismic interpretation. Each well encountered hydrocarbon shows, however none will be completed for production.
8:00 PM EST | May 09, 2006
Centurion Closes Land Acquisition in Egypt
Centurion Energy International has closed its acquisition from CTIP Oil and Gas Limited of a 25% participating interest in the West El Manzala Concession and West El Qantara Concessions, located in the Nile Delta region of Egypt.
8:00 PM EST | May 02, 2006
Centurion Energy Terminates Deal on Egyptian Acquisition
The private party that Centurion Energy would have acquired Egyptian assets from has received a superior proposal from another company for those assets.
8:00 PM EST | April 10, 2006
Centurion Inks Deal with Shell for Nile Delta Onshore Blocks
Centurion Energy International has signed a Farm-in and LNG Cooperation Agreement agreement with Shell on concession located in the onshore area of the Nile Delta in Egypt.
7:00 PM EST | March 19, 2006
Centurion Increases Land Holdings in Egypt
Centurion Energy International has entered into an agreement with CTIP Oil and Gas Limited to acquire a 25% participating interest in the West El Manzala Concession and West El Qantara Concession in Egypt.
7:00 PM EST | March 14, 2006
Centurion Acquires Strategic Egyptian E&P Properties
Centurion Energy will be acquiring Egyptian acreage near its existing Nile Delta gas play. The properties include interests ranging between 50% and 54% in three Egyptian concessions and seven development leases comprising 1.3 million acres.
7:00 PM EST | February 21, 2006
Centurion Says Production Reaches 41,500 boepd
Centurion's production exited 2005 at a record level of 38,000 boepd from its Egyptian fields (97% increase for Egyptian exit production rate and 80% increase for Corporate exit production rate).
7:00 PM EST | January 03, 2006
Centurion Increases Bank Credit Facility
Centurion Energy International has increased the size of its existing credit facility with Standard Bank Plc. from US$40 million to US$150 million, of which US$100 million is now immediately available.
7:00 PM EST | December 27, 2005
Centurion Energy Reports 3Q05 Results
Centurion Energy International said earnings totaled $7.6 million ($0.08 per share diluted) for Q3, 2005 compared to $3.9 million ($0.05 per share diluted) in Q3, 2004.
7:00 PM EST | November 14, 2005
Centurion Says Egyptian Production Could Reach 30,000 Boepd
All new facilities in El Wastani and South Manzala have now been completed but full commissioning has been delayed until a few minor start-up problems have been resolved. Full operation is expected within one week.
8:00 PM EST | October 20, 2005
Centurion Expands Egyptian Exploration Operations
Centurion is planning to expand its Egyptian gas sales by developing two new Exploration concessions, West Manzala and West Qantara (Centurion 75% working interest) which comprise 800,000 acres surrounding Centurions significant discoveries in the El Wastani and South Manzala Production Leases.
8:00 PM EST | September 18, 2005
Centurion Says Egyptian Production Reaches New Record
Centurion is pleased with the continuing success that we are having with our Egyptian development drilling program. We have now drilled ten wells in the 2004/2005 drilling program with 100% success.
8:00 PM EST | July 26, 2005
Centurion Awarded Stake in Block 4 of Nigeria-Sao Tome JDZ
The Nigeria-Sao Tome and Principe Joint Development Authority has awarded the Centurion and Hercules Petroleum Limited consortium a 10% equity interest in Block 4 of the Nigeria-Sao Tome Joint Development Zone. Centurion will hold a minimum 75% of the consortium's award, equating to a minimum 7.5% equity interest in JDZ Block 4.
8:00 PM EST | June 05, 2005
Centurion Closes Sale Of Tunisian Producing Properties
Centurion Energy has closed the sale of the Company's Tunisian producing properties to Candax Energy for total proceeds of C$43.7 million.
8:00 PM EST | April 27, 2005
Centurion On Track to Increase Production from El Wastani
Centurion remains on track to increase production from the El Wastani and South El Manzala development leases by year end to 250 mmscf/d of gas plus associated liquids, through the drilling of an additional 14 development wells plus ongoing additions to company operated facilities.
8:00 PM EST | April 18, 2005
Centurion Energy Updates Egyptian Drilling Program
Centurion Energy is pleased with the continued drilling success in our Egyptian operations both in the Nile Delta company-operated gas project and also in our non-operated 30% interest in the West Gharib exploration wells.
8:00 PM EST | April 06, 2005
Centurion Energy to Sell Tunisian Producing Properties
As part of its strategy to concentrate corporate activity on higher impact exploration and development, Centurion Energy International has entered into an agreement with Candax Energy for the sale of the Company's Tunisian producing properties for a purchase price of C$41.2 million.
7:00 PM EST | February 27, 2005
Centurion Achieves Record Production in 2004
Centurion Energy International achieved a new record level of production as the company exited 2004 with production reaching 21,150 boepd. This production level is comprised of approximately 19,250 boepd from Egyptian operations and 1,900 boepd from Tunisian operations.
7:00 PM EST | January 05, 2005
Centurion's El Wastani East 2 Well Flows 41 mmscf/day
Centurion Energy International reports that the El Wastani East 2 well in Egypt flow tested at a total of 41 million standard cubic feet per day (mmscf/day) of gas and approximately 900 bopd of condensate from three productive formations.
7:00 PM EST | December 19, 2004
Centurion Begins Testing Program at El Wastani East-2 Well
Centurion Energy International has successfully drilled the El Wastani East-2 (EWE-2) well to its total depth of 3,050 meters and has logged the well and cased it with a production liner.
7:00 PM EST | December 01, 2004
Centurion Reports Q3 2004 Results
Centurion Energy International reports the financial results of the Company for the nine months ending September 30, 2004.
7:00 PM EST | November 11, 2004
Egypt Increases Centurion's Daily Gas Sales Volumes
Centurion Energy has received written confirmation from EGAS that contract volumes under its existing gas contracts for the El Wastani and South Manzala production leases, located in Egypt's Nile delta region, have been increased to a total of 250 million cubic feet per day (mmcf/d).
8:00 PM EST | October 26, 2004
Centurion Continues Success in Egypt
Centurion Energy International reports that preliminary testing of its Gelgel 4 exploration well is complete and the well tested at 10.4 mmscf per day from a 6 meters perforated interval of the El Wastani reservoir.
8:00 PM EST | October 11, 2004
Centurion Energy's Gelgel-3 Flows 34 mmscf/day
Centurion Energy International reports that the Gelgel-3 well in Egypt flow tested at a total of 34 mmscf/day of dry gas from a 44-meter productive zone.
8:00 PM EST | September 27, 2004
Centurion Announces Ezzaouia-15 Test Results
Centurion Energy reports that the Ezzaouia-15 development well in Tunisia flow tested a combined rate of 1,520 bpd of oil with no water from two separate zones totaling 21 meters of net pay.
8:00 PM EST | September 19, 2004
Centurion Reports Success in Egypt and Tunisia
Centurion Energy International reports that the Gelgel-2 development well in Egypt flow tested 15 mmscf/day of dry gas from two separate sands totaling 12 meters of pay. In Tunisia, testing and completion operations at Ezzaouia-15 are ongoing in the two productive zones encountered.
8:00 PM EST | September 13, 2004
Centurion Completes $20 Million Financing
Centurion Energy International has successfully completed a $20 million underwritten financing led by GMP Securities Ltd.
8:00 PM EST | August 16, 2004
Centurion Energy Secures Financing
Centurion secures financing to fund its exploration and development activities and to fund the cost of potential future acquisitions
8:00 PM EST | August 12, 2004
Centurion Plans to Abandon, Sidetrack Ezzaouia-14 Well
Centurion Energy reports that the Ezzaouia-14 exploration well has reached a total depth of 2700 meters in the Jurassic reservoirs.
8:00 PM EST | June 21, 2004
Centurion Releases Initial Results from El Wastani #3 Well
Centurion Energy says that initial results from its testing program on its El wastani #3 well indicate 18.0 mmscf/d of natural gas.
8:00 PM EST | May 17, 2004
Centurion Says El Wastani-3 Logs Gas Pay
The El Wastani-3 well in Egypt has reached a final total measured depth of 3,095 meters after penetrating the Abu Madi Sands targets. Strong gas shows were encountered upon penetration of the targets.
8:00 PM EST | April 29, 2004
Two Canadian Firms Win Egyptian Exploration Concessions
Egypt's parliament has granted approval to two Canadian companies for oil concessions located in southern Egypt.
8:00 PM EST | April 26, 2004
Centurion Spuds El Wastani-3 Appraisal Well
Centurion reports that the El Wastani-3 Appraisal well on Centurion's El Wastani Development Lease situated in the Nile Delta of Egypt was spudded this week.
7:00 PM EST | March 30, 2004
Centurion Energy Disappointed with Robanna-2 Well
Centurion Energy International reports that interpretation of well logs has determined that all potentially productive zones in the Upper and Basal Meloussi formations in its Robbana--2 well are water-bearing.
7:00 PM EST | March 16, 2004
Centurion Updates Progress On Robbana-2 Exploration Well
Centurion says the Robbana-2 exploration well has now been drilled to a depth of approximately 2704 meters and is anticipated to penetrate the main target, being the Basal Sands of the Lower Cretaceous Meloussi Formation shortly.
7:00 PM EST | March 10, 2004
Centurion's Egyptian Gas Fields Now At Full Throttle
Centurion Energy reports that production from its South Manzala gas fields has now reached 35 million cubic feet per day, the contract maximum.
7:00 PM EST | December 17, 2003
Centurion Awarded Block 2 in Egypt
Centurion Petroleum has been selected as the successful bidder for a 100% working interest in Block 2 located in Southern Egypt.
7:00 PM EST | November 04, 2003