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=65780&rss=trueIndigoPool reported that Mobil North Sea LLC is offering the opportunity for interested parties to acquire its entire equity in License P.967, blocks 214/4a, 214/5a, 214/9a and 214/10a, located in the UK sector of the Faroe/Shetland Basin. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65779&rss=trueMammoth Energy's first Oklahoma well has been fully completed and has begun commercial production. The well began pumping on August 20, 2008 with an initial production rate of 2-3 barrels per hour fluid recovery.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65778&rss=trueGrande Energy E&P Co. announced a project agreement with a US-based subsidiary of Mitsubishi Corporation and international oilfield services company, Schlumberger, which calls for financing and development of unconventional shale plays. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65777&rss=trueBPZ Resources signed a Mandate Letter and Facility Term Sheet with a large international bank to underwrite and structure, on an exclusive basis, a $200 million reserve based facility. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65776&rss=trueForest Gate reported that the prospective natural gas well in Township 43, Range 18 at Kelsey, Alberta was recently drilled, logged, and cased. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65775&rss=trueMegaWest Energy Corp. has announced the addition of independent directors and key staff.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65774&rss=trueAverage Mexican oil production fell 10% during the first seven months of this year to 2.85 million barrels a day, Pemex reported Thursday.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65773&rss=trueMainland Resources has appointed Simeon King Horton, P. Geo as a Director of the Board effective August 18, 2008.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65772&rss=trueCrude surged more than 5 U.S. dollars a barrel Thursday on geopolitical tensions in Europe and a falling dollar. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65771&rss=trueStrike Oil provided an update on the progress of its testing and drilling activities at the Rayburn Project in the Gulf Coast, Texas, which includes information about the Gilbert Freeman wells and the Hlavinka Gas Unit 1-1.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65770&rss=trueWintershall is investing in crude oil production in Germany. Germany's largest producer of crude oil and natural gas will drill four wells in Emlichheim in Lower Saxony alone by autumn 2008. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65769&rss=trueMcDermott announced that a subsidiary of The Babcock & Wilcox Company was awarded a contract by Jacobs Canada, as agent for Fort Hills Energy, to supply four modularized boilers and auxiliary equipment. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65768&rss=trueOil Search reported that on August 21, 2008, the Cobra 1A ST3 well was at a total depth of 2,836 meters and an electric logging program was underway.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65767&rss=trueTethys has provided a financial and operational statement for the quarter ended June 30, 3008.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65766&rss=trueWood Group's subsidiary has acquired Benchmark Global Pty Ltd., the Australian-registered parent company owning the Marine & Offshore Group Pty Ltd., a provider of safety and emergency response training services.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65765&rss=trueMatra announced its interim results for the first half of 2008 and emphasized its significant and valuable discovery, Sokolovskoe, in the Company's Russian exploration license.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65764&rss=trueHalo will open its new rigging warehouse and test facility in Fourchon, La., in September 2008. Halo's facility will be located in InterMoor's 25-acre Fourchon yard and provides both companies with expanded services and capabilities.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65763&rss=trueAWE reports that the Netherby-1 development well has achieved a clean up flow estimated at 51 million cubic feet of gas per day. Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65762&rss=trueAwilco Offshore ASA has provided an operational and financial update for the quarter ended June 30, 2008, which included information concerning the Company's jackup commitments and total revenue earnings.Thu, 21 Aug 2008 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=65761&rss=trueScorpion's subsidiary, through its Saudi Arabian venture partner, received a letter of commitment for the Offshore Freedom jackup for operations in the Arabian Gulf. Scorpion's revenue backlog, through 2018, now exceeds $1.8 billion.Thu, 21 Aug 2008 00:00:00 GMT