http://news.rigzone.comThe latest upstream oil and gas news from around the world.Copyright 2008 Rigzone.com Inc. All rights reserved.http://www.rigzone.com/images/logo_rigz_131x20.gifhttp://www.rigzone.com/news/13120http://www.rigzone.com/news/article.asp?a_id=63777&rss=trueContact Exploration has elected to participate on a working interest basis in the Windsor Shale prospect in Nova Scotia.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63776&rss=trueBayou Bend is disappointed with the results from it Haystack prospect and will plug and abandon the well.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63765&rss=trueThe Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Norway AS for well 16/1-10. Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63757&rss=trueNido Petroleum and Kairiki Energy have begun site survey operatons for the SC54 area in the Philippines in anticipation of two wells that will be drilled later this year.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63754&rss=trueOHM and TGS have completed an extensive multi-client CSEM aquisition program in the Barents Sea. Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63753&rss=trueMelrose Resources says the East Sindy well in the South East El Mansoura concession did not encounter commercial hydrocarbons and will be abandoned.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63752&rss=trueLeed Petroleum has completed the sidetrack on the Euguene Island A-7 well and will now case and complete the well for production before moving to the A-8 well.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63751&rss=trueRift Oil says that drilling on its PUK PUK-1 exploration well in PNG has now reached the upper reservoir objective at a depth of approximately 1760 meters, significantly higher than originally expected. Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63747&rss=trueBankers commenced drilling operations in Albania with the spudding of its first vertical infill well. This activity occurs as outlined in the Addendum to the Plan of Development for the Patos Marinza oil field.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63745&rss=trueThe Atlantic Explorer has started the acquisition of 3D seismic data in Troms II, the program of which will last until July 31. Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63738&rss=trueLundin Petroleum has made a major oil discovery in the Russian sector of the Caspian Sea with its Morskaya-1 exploration well.Thu, 03 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63723&rss=trueCrown Point Ventures Ltd. announced that the company has successfully negotiated a farm in agreement with the largest hydrocarbon producer in Argentina, YPF, to acquire a 50% participating interest in the Calandria Mora exploration concession.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63718&rss=trueTransmeridian Exploration has strengthened its position in Russia's Dagestan region with its acquisition of both a second field and an undrilled anticline in trend with its Gasha Field. Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63712&rss=trueA Philippine oil company has partnered a Spanish gas producer to explore the energy reserves around Balabac island, to the southwest of the province of Palawan, local media reported Tuesday.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63709&rss=trueMOL Hungarian Oil and Gas Plc has signed a Farm-out Agreement with Mari Gas Company Ltd for 40% interest in its Karak onshore exploration block in North-West Pakistan and has farmed out a 25% share in its Oman block.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63707&rss=trueAminex has spud the Sunny Ernst-2 well on its Alta Loma permit in Galveston County, Texas. The Nabors-2 rig has commenced drilling operations which are expected to take 60 days.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63706&rss=trueBow Energy says the Hudson 1 exploration will likely spud this weekend. The Hudson 1 well is the second well in a 7 well and 300 sq km 3D seismic acquisition farmin earning program by a Santos operated Joint Venture.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63704&rss=trueOperations on the Longtom-4 development project are underway and are expected to take approximately two months. Well operations will include the drilling of a pilot hole, followed by drilling, completion and production testing.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63697&rss=trueOilex is pleased with the initial results of the first oil flow to surface in Cambay-19Z. The well has confirmed the prospectively of the deeper targets over the area of the Western High Block.Wed, 02 Jul 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=63687&rss=trueTap says that preliminary interpretation of the log data from Marley-2 suggests that the main objective has been penetrated and there are indications of gas. However the data available does not yet confirm whether the reservoir is permeable.Wed, 02 Jul 2008 00:00:00 GMT