CIECO Exploration & Production Company News

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Japan Far East Gas, Gazprom Ink MOU for Vladistok LNG Project
Monday, June 24, 2013Inpex, together with partners in the Japan Far East Gas Co., Ltd., inks a Memorandum of Understanding with Gazprom for the Vladivostok LNG Project.

Ocean Patriot Completes Drilling Program at BMG Field
Thursday, September 03, 2009Following completion of the Basker-7 development well as a future producer, the Ocean Patriot rig has departed the BMG field having completed the 2009 workover and drilling program ahead of schedule.

Pertamina Picks Up Stake in Offshore BMG Project
Wednesday, August 19, 2009Anzon Australia has completed the sale of a 10% participating interest in Production Licenses VIC/L26, VIC/L27 and VIC/L28, offshore Victoria, which include the BMG project, to a subsidiary of Pertamina.

Roc Oil Highlights Workover Program at BMG Oil and Gas Field
Tuesday, August 04, 2009Anzon Australia, a wholly owned subsidiary of ROC, has provided an update on BMG Oil and Gas Field operations.

BMG JV Suspends B5 Workover, Moves Ocean Patriot to B3 Well
Tuesday, June 23, 2009Anzon Australia advised that the Basker-5 well workover has been suspended and the Ocean Patriot rig moved to the Basker-3 well workover.

Ocean Patriot Spins Bit for BMG Drilling Program
Tuesday, June 16, 2009The Ocean Patriot rig has commenced the 2009 drilling program for the BMG Project.

BMG Project Participants File Defense in Australian Court
Friday, April 17, 2009Today, the participants in the BMG Project have jointly filed a Defence to the Statement of Claim in the Federal Court of Australia related to BW Offshore's claim seeking recovery costs for the BMG Phase 2 Project.

Baker-Manta-Gummy JV Swaps Rigs, Trims Project Costs by $100MM
Tuesday, March 17, 2009The Basker-Manta-Gummy JV will focus on enhancing the production performance of its Phase 1 oil project, and will cut costs for its Phase-2 gas project by $100 million.

BW Offshore Files Claim against BMG Project Participants
Friday, February 20, 2009AZA received notice of a claim against the participants in the BMG Project by BW Offshore in the Federal Court of Australia seeking recovery of costs relating to terminating third party vendor contracts.

Anzon's Basker, Manta Fields Reach 7,550 BOPD Production in Q2
Thursday, July 31, 2008Anzon Energy issued a production and exploration activities report for the second quarter ended June 30, 2008. Oil from the Basker and Manta fields averaged 7,550 bopd.

Anzon JV Inks LOIs for FPSO and Rig for Australian BMG Project
Monday, July 07, 2008The Basker Manta Gummy (BMG) Joint Venture has announced its intent to move forward on a major expansion of its Oil & Gas Development in the Gippsland Basin (Vic L26, L27 and L 28). The JV signed two LOIs for an FPSO and the rig Songa Venus.

Anzon Reports Successful Completions at Basker 6 ST1
Friday, May 02, 2008Since the last Basker 6 ST1 report the weather in Bass Strait has abated and operations to complete the well have continued successfully.

Callon Closes Sale Of 50% Working Interest In Entrada Field
Tuesday, April 08, 2008Callon Petroleum Company has completed the sale of a 50% working interest in the Entrada Field, located in the Deepwater Region of the Gulf of Mexico, to CIECO Energy.

Anzon Australia to Commence Basker-6 Well
Wednesday, March 05, 2008The Ocean Patriot semi-submersible rig expects to spud Basker-6 on March 6 and to take approximately 40 days to drill and complete the well.

ROC Oil Well Offshore Australia Off to Good Start
Wednesday, February 13, 2008The Frankland-2 well in the North Perth Basin, offshore Western Australia should reach 2,278 meters by the end of February 2008.

Callon Signs Agreement With CIECO to Fully Develop Entrada Field
Tuesday, February 12, 2008CIECO will pay Callon total cash consideration of $175 million, including a $155 million payment at closing and $20 million of the $40 million contingent payment due to BP after meeting certain cumulative field production milestones.

Roc Oil Blows Bubbles at Lilac-1
Friday, February 08, 2008The Lilac-1 exploration well encountered sands with weak gas shows and fluorescence. However, preliminary interpretation of mud log, LWD and drill data indicates that the primary reservoir is water bearing.

Basker Manta Project Reaches 3 Million Barrels
Wednesday, December 12, 2007The Basker Manta Oil project reached 3 million barrels for the BMG Joint Venture.

Faroe Farms-out Stake in Two Atlantic Margin Wells to CIECO Exploration
Friday, November 16, 2007Faroe Petroleum has entered into a farm-out agreement with CIECO involving two high impact exploration wells in the Atlantic Margin.

Basker Manta Mooring Repaired; Operations Returning to Normal
Wednesday, November 14, 2007The Basker Manta Joint Venture has re-established normal operations in their Gippsland Basin project.

BMG JV Completes Itochu Farm-in
Friday, October 05, 2007The Basker Manta Gummy Joint Venture has completed a farm-in transaction with ITOCHU, in which ITOCHU has acquired a 20% interest in BMG JV.

Roc: Drilling Continues on Frankland-1
Wednesday, April 18, 2007Roc Oil (WA) Pty Limited said that, as of 10 a.m. Australian Western Standard Time (AWST) on Tuesday, the Frankland-1 exploration well in WA-286-P offshore Perth Basin was drilling ahead at 2,090 meters.

Cliff Head Production to Resume Next Week
Friday, October 20, 2006Roc Oil says that the cause of the electrical fault which resulted in a temporary shut-in of production at the Cliff Head offshore platform is being repaired and production should resume next week.

Roc Oil Temporarily Halts Production at Cliff Head
Tuesday, October 17, 2006Roc Oil says that production from the Cliff Head Oil Field, Perth Basin, offshore Western Australia, has been temporarily shut in due to an electrical problem at the offshore platform.

Heerema Wins Contract to Remove BP's North West Hutton Installation
Thursday, October 05, 2006BP has awarded a contract to Heerema Marine Contractors for the offshore removal and onshore recycling and disposal of the North West Hutton installation, located some 130km north east of the Shetland Islands.