News Categories: Exploration News
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SeaBird Warns of Continued Weakness in the Seismic Market
Friday, February 27, 2015 SeaBird Exploration warns that it expects the current softness in the market for seismic data acquisition to continue to adversely affect the seismic survey industry in 2015.
Bounty Terminates Deal to Buy Stakes in Empire's Carnarvon Basin Permits
Friday, February 27, 2015 Bounty Oil & Gas terminates agreement to acquire the stakes of Empire Oil & Gas' Carnarvon Basin permits in Western Australia.
Tasmania Maintains Moratorium on Hydraulic Fracking Until March 2020
Friday, February 27, 2015 The Tasmanian government in Australia maintains a moratorium on the use of hydraulic fracking in the state until March 2020.
Whiting Shares Tumble On Plans To Keep Fracking Despite Cheap Oil
Thursday, February 26, 2015 Whiting Petroleum struck a confident tone for 2015, saying it will hydraulically fracture all wells it drills, but that prompted a sharp drop in its share price.
Anadarko Fails to Find Commercial Resources at Mozambique's Kifaru-1 Well
Thursday, February 26, 2015 Anadarko fails to find economic reservoir at the Kifaru-1 exploration well in the Rovuma Onshore Concession in northern Mozambique.
Lime Petroleum Acquires 30% Stake in PL338C off Norway from Lundin
Wednesday, February 25, 2015 Lime Petroleum acquires 30 percent interest in PL338C offshore Norway from Lundin Petroleum.
San Leon Announces Its First Polish Commercial Gas Find
Wednesday, February 25, 2015 Junior explorer San Leon makes its first commercial gas discovery in Poland.
Inpex Secures Stakes in 2 Exploration Permits Offshore Western Australia
Wednesday, February 25, 2015 Inpex secures stakes in two exploration permits offshore Western Australia, near its Ichthys liquefied natural gas project.
Kemp: Bakken Oil Drillers Retreat To The Core
Wednesday, February 25, 2015 North Dakota's oil producers pull back to the core areas of the Bakken formation to cut costs and maximize output amid the slump in prices.
Senex Finds Oil at Martlet North-1 Well in South Australian Cooper Basin
Tuesday, February 24, 2015 Senex Energy discovers oil at Martlet North-1 exploration well on the western flank of the South Australian Coooper Basin.
Searcher Grants BGP Exclusive Right to Market its Seismic Data in China
Tuesday, February 24, 2015 Searcher grants BGP exclusive right to market its multi-client seismic library in China.
Thailand Puts Bidding For Oil, Gas Concessions On Hold
Tuesday, February 24, 2015 Thailand's military government will delay bidding for new oil and gas concessions indefinitely, pending an amendment to a petroleum law, Prime Minister Prayuth Chan-ocha says.
Trinidad, Venezuela Sign Deal For Natural Gas Exploration
Tuesday, February 24, 2015 Venezuela President Nicolas Maduro signs a deal with Trinidad & Tobago for joint exploration of natural gas in waters between both nations.
ASCO Bags Supply Base Deal for BP's Exploration Program Off South Australia
Tuesday, February 24, 2015 ASCO bags contract to manage the supply base for BP's 2016 exploration program in the Great Australian Bight off South Australia.
Lundin Farms Out Gemini Prospect Offshore Norway
Tuesday, February 24, 2015 Lundin Petroleum agrees to farm out a 30% working interest in Norway's PL338C license to Lime Petroleum.
RIH Raises Indirect Stake in Cory Moruga Block in Trinidad & Tobago
Tuesday, February 24, 2015 Rex International Holdings completes acquisition of Parex Resources, raising the firm's indirect working interest in the Cory Moruga Block in Trinidad & Tobago.
Premier Well Onshore Kenya Comes Up Dry
Monday, February 23, 2015 Premier Oil's Badada-1 exploration well, onshore Kenya, fails to find hydrocarbons.
Gulfsands Confirms DOB-1 Well as a Gas Discovery
Monday, February 23, 2015 Gas flows at a rate of more than 10 million cubic feet per day at the Douar Ouled Balkhair 1 gas exploration well in northern Morocco.
Europa Spuds Kiln Lane-1 Well Onshore UK
Monday, February 23, 2015 Europa Oil & Gas starts drilling the Kiln Lane-1 conventional exploration well in northeast Lincolnshire.
Chariot Begins 2D Seismic Program Offshore Namibia
Friday, February 20, 2015 Chariot Oil & Gas begins a 2D seismic data acquisition survey of just over 1,000 miles offshore Namibia.
UKOG Signs Deal to Increase Stake in Markwells Wood to 100%
Friday, February 20, 2015 UK Oil & Gas signs a deal that see its acquire a 40% interest in the Markwells Wood license in England's Weald Basin, raising its stake in the license to 100%.
Dodson: Statoil Plans 5-6 Wells In Current Canada Exploration
Thursday, February 19, 2015 Statoil will drill five to six exploration wells in Canada during its current 15 month campaign, exploration chief Tim Dodson says.
TGS to Expand Declaration Survey in Gulf of Mexico
Thursday, February 19, 2015 TGS-NOPEC plans to expand its Declaration Multi-WAZ survey in the Gulf of Mexico's Mississippi and DeSoto canyons.
Mexico's Pemex Says Suspends Some Deep Water Exploration Projects
Wednesday, February 18, 2015 Pemex postpones some deep water exploration projects and says it will cut jobs as part of a raft of planned capital delays due to slumping crude prices.
Papua New Guinea Approves NGE's Sale of 50% in PPL 269 to Santos
Wednesday, February 18, 2015 Papua New Guinea approves New Guinea Energy's sale of a 50 percent interest in petroleum prospecting license 269 in the country to Santos.
Lime Inks Deal with Tullow Oil for 20% Stake in 3 Licenses Off Norway
Wednesday, February 18, 2015 Lime Petroleum inks agreement with Tullow Oil to acquire 20 percent stake in three licenses in the Norwegian Sea.
MEO Signs Options to Farm Out Stakes in 3 Permits Offshore Australia
Wednesday, February 18, 2015 MEO Australia signs option agreements to farm out stakes in three permits offshore Australia to an international exploration company.
Sterling Signs Deal to Gain Complete Control of Cameroon Concession
Tuesday, February 17, 2015 Sterling Energy signs a deal that will give it complete ownership of the Ntem Concession, offshore Cameroon.
Sterling Says Madagascar Government Approves Extension for 2 Offshore PSCs
Tuesday, February 17, 2015 Sterling Energy reports that the Madagascar government has extended the production sharing contracts for the country's offshore Ambilobe and Ampasindava blocks.
Sound Oil Authorized to Drill 2nd Well on Carita License
Tuesday, February 17, 2015 Sound Oil receives drilling authorization to drill a second well on the Carita license, onshore northern Italy.
Government Approves Change in Equity Stakes in Blocks 105, 120 Off Vietnam
Monday, February 16, 2015 The Vietnamese government has endorsed changes to the equity stakes held in Blocks 105 and 120 off Vietnam after Neon Energy's withdrawal from the permits.
Inpex Clinches Beetaloo Basin Onshore Exploration Permit in Australia's NT
Monday, February 16, 2015 Inpex successfully bids for onshore exploration permit EPNT 14-1 in the Beetaloo Basin, south east of Darwin, Australia.
BG Group Comes Up Dry in Norwegian North Sea
Monday, February 16, 2015 BG Group drills two wildcat wells in the Norwegian North Sea that, despite finding good-quality reservoir rocks, are classified as 'dry'.