GeoGlobal Resources Company News

Recent Articles

Results 50 articles shown

Noble Drills Ahead at Levantine Basin
Friday, March 30, 2012The Noble Homer Ferrington drilling rig is currently working in the Levantine Basin in Israel and upon completion of the current well, will be immediately mobilized to the Myra-1 location.

GeoGlobal In Talks for Sara, Myra Drilling Contract
Monday, April 04, 2011Bontan reported that GeoGlobal is conducting advanced negotiations with the drilling contractor towards signing a final contract.

GeoGlobal Moves Ahead Offshore Israel
Friday, March 11, 2011GeoGlobal announced that the International Operating Agreement relating to offshore Israel license 388 Samuel has been executed.

GeoGlobal Preps to Drill Well at India KG Block
Wednesday, March 02, 2011GeoGlobal provided an update of certain operational and exploration activities relating to KG-ONN-2004-1 (the KG Onshore Block) in India.

GeoGlobal Finalizes Deal for Israeli Blocks
Friday, November 12, 2010GeoGlobal has finalized the previously announced acquisition of interests in two Israeli licenses.

GeoGlobal Restructures Executive Team
Friday, July 30, 2010GeoGlobal announced that on July 27, 2010 our Board of Directors approved a restructuring of the executive team leading our Company.

Oil India Commences Drilling on Rajasthan Block
Monday, April 26, 2010The drilling of Oil India's Rachan-1 exploration well, located onshore India, commenced on April 21, 2010.

GeoGlobal Commences 3D Seismic Onshore India
Tuesday, March 16, 2010GeoGlobal Resources has commenced the 3D seismic acquisition program on the KG-ONN-2004/1 onshore exploration block (KG Onshore Block).

GSPC Gets Green Light to Develop 6 Wells on Tarapur Field
Thursday, July 16, 2009GeoGlobal Resources confirmed that Gujarat State Petroleum Corp. has received approval for the Tarapur 1 field development plan.

GeoGlobal Underscores Tarapur Production in India
Tuesday, June 16, 2009GeoGlobal Resources has provided an update of certain of its exploration activities in India.

GeoGlobal Updates Indian Exploration, Production Activities
Thursday, May 07, 2009GeoGlobal Resources Inc. disclosed an update of certain of our exploration activities conducted during the quarter ended March 31, 2009 and through May 7, 2009.

GeoGlobal Snags 2 NELP-VII Blocks Onshore India
Thursday, December 11, 2008The Government of India has awarded GeoGlobal a 100% participating interest in two new onshore Exploration Blocks in India.

GeoGlobal Charges Forward with Operations in India
Friday, August 15, 2008GeoGlobal disclosed an update of certain of its exploration activities in India conducted during the quarter ended June 30, 2008 and through August 13, 2008.

GeoGlobal Discloses Exploration Activities in Egypt
Friday, August 15, 2008GeoGlobal Resources Inc. has disclosed an update for exploration activities conducted during the quarter ended June 30, 2008 and through August 13, 2008 in Egypt and India.

GeoGlobal Reports Operational Highlights
Wednesday, June 18, 2008GeoGlobal Resources Inc. reported that KG#19 suspended awaiting repairs on Essar Wildcat.

Amex Accepts Geoglobal's Plan to Return to Compliance
Monday, May 05, 2008Based upon the information provided, the Exchange has accepted the Plan and will continue the Company's listing subject to conditions.

GeoGlobal: Essar Rig Onsite
Tuesday, March 18, 2008GeoGlobal Resources Inc. announced that the Essar Wildcat rig is on location and preparing to drill the KG#19 well.

Perro Negro 3 Drills Appraisal Well Offshore India, On the Move
Tuesday, March 18, 2008Upon completion of the maintenance, it is intended that the PN#3 will be mobilized to a new location to be determined on the KG Offshore Block.

GeoGlobal Drilling Ahead in India
Wednesday, December 05, 2007GeoGlobal Resources reports the current status of its exploration drilling activities on their exploration blocks in India.

GeoGlobal Successfully Tests KG #28 Well
Monday, September 24, 2007GeoGlobal Resources says that the Gujarat State Petroleum, the operator of the exploration block KG-OSN-2001/3, has successfully tested drill stem test-1 ("DST-1") in the KG#28 well.

GeoGlobal and GSPC in Payment Dispute
Wednesday, August 15, 2007GSPC is seeking a payment of $44.68 million from GeoGlobal Resources for costs relating to the Krishna Godavari Block OSN-2001/3, Phase I work program.

GeoGlobal Closes $28.4M Financing
Friday, June 22, 2007GeoGlobal Resources Inc. has completed the sale of 5,680,000 units ("Units") of the Company's securities for aggregate gross proceeds of US$28,400,000.

GeoGlobal Proposes $25M Financing
Friday, June 01, 2007GeoGlobal Resources Inc. has entered into a letter agreement in which it proposes to offer for sale, on a best efforts basis, by way of a private placement of up to 5 million units ("Units") of the Company's securities.

GeoGlobal Issues Update on KG Activities
Monday, May 14, 2007GeoGlobal Resources says GSPC has completed drilling the KG#16 well to a total depth of 5,372 meters measured depth and the well is currently being cased with a 7-inch liner to TD.

GeoGlobal Signs Four PSCs for Onshore India Blocks
Wednesday, March 07, 2007GeoGlobal Resources Inc. has signed production sharing contracts (PSCs) on its four previously awarded exploration blocks in India.

GeoGlobal Wins Four Blocks Onshore India
Friday, February 16, 2007GeoGlobal Resources Inc. said that its award of participating interests in four new onshore exploration blocks in India under the sixth round of the New Exploration Licensing Policy (NELP-VI) has been confirmed.

GeoGlobal Issues KG Block Update
Monday, January 22, 2007GeoGlobal Resources Inc. on Monday an update on the exploration activities of the Gujarat State Petroleum Corporation (GSPC) as operator of the exploration block KG-OSN-2001/3 ("KG Block").

GeoGlobal Reports Successful Testing from Krishna-Godavari Block
Thursday, December 28, 2006GeoGlobal Resources Inc. said that the Gujarat State Petroleum Corporation (GSPC), the Operator of the KG#15 well in the exploration block KG-OSN-2001/3 (KG Block) successfully completed initial testing of Object 3.

GeoGlobal to Test Bay of Bengal Well
Monday, October 30, 2006GeoGlobal Resources Inc. reports that Gujarat State Petroleum Corporation ("GSPC"), the operator of the KG Block, has completed drilling the KG#15 well to a total depth ("TD") of 5,745 meters (5,669 meters total vertical depth ("TVD")).

GSPC Makes Second Oil Discovery at Deen Dayal Block
Wednesday, September 13, 2006Gujarat State Petroleum Corp Ltd has made a second oil discovery in its exploration block off the country's east coast.

Consortium Spuds Another Well in Krishna-Godavari
Friday, July 21, 2006GeoGlobal Resources Inc. said Friday that the drilling of the KG#15 exploratory well in the Krishna Godavari Basin offshore India has commenced.

Spectrum Wins Seismic Processing Contracts
Wednesday, June 14, 2006GGS reports that Spectrum has been awarded two significant processing contracts of a combined value of over US $1.5 million

GeoGlobal Resources Says KG#17 Well a Natural Gas Discovery
Wednesday, June 07, 2006GeoGlobal Resources has successfully completed initial testing on the KG#17 well located on Block KG-OSN-2001/3 offshore India.

GeoGlobal Resources Suspends Fishing Operations on KG#17 Well
Friday, May 26, 2006GeoGlobal Resources says that fishing operations in the KG#17 well intended to retrieve stuck tubing and equipment from the hole have been suspended.

GeoGlobal to Test KG#17 Well
Friday, February 10, 2006GeoGlobal Resources says the KG#17 well has reached total depth and a testing program is being designed based upon independent log analyses and hydrocarbon shows while drilling.

GeoGlobal Inks Deal for Two Onshore Exploration Blocks in India
Wednesday, September 28, 2005GeoGlobal signed Production Sharing Contracts on two previously announced Exploration Blocks in India.

GeoGlobal Closes US$27.6 Million Financing
Tuesday, September 13, 2005GeoGlobal Resources says it has completed the sale of 4,252,400 Units of the Company's securities for aggregate gross proceeds of US$27,640,600.

GeoGlobal Resources Spuds Fourth Well in KG-OSN-2001/3 Block
Thursday, September 01, 2005GeoGlobal Resources reports that drilling of an exploratory well identified as KG#17, intended to delineate the extent of the KG structure, from the KG#8 well platform had commenced.

GeoGlobal Proposes $13.0 Million Financing
Thursday, August 18, 2005GeoGlobal Resources has entered into a letter agreement in which it proposes to offer for sale, on a best efforts basis, by way of a private placement of up to 2 million units of the Company's securities for aggregate gross proceeds of US$13,000,000.

GeoGlobal Awarded Two NELP V Blocks
Monday, August 15, 2005GeoGlobal Resources has been confirmed as being awarded participating interests in two new onshore Exploration Blocks in India under the Fifth round of the New Exploration Licensing Policy (NELP-V).

GeoGlobal Announces Natural Gas Discovery at KG#8
Tuesday, June 28, 2005Gujarat State Petroleum Corporation has made a natural gas discovery in the KG#8 well in the Krishna Godavari basin on Exploration Block KG-OSN-2001/3 off the east coast of India.

GeoGlobal to Test KG#8
Wednesday, May 18, 2005GeoGlobal Resources reports that the KG#8 well located within the Krishna Godavari Basin on Exploration Block KG-OSN-2001/3 off the east coast of India has been drilled to a total depth of 5,061 meters.

GeoGlobal Takes Stake in Tarapur Block in India
Tuesday, April 12, 2005GeoGlobal Resources has acquired a 20% participating interest from Gujarat State Petroleum Corporation in the onshore CB-ON/2 Exploration Block.

GeoGlobal Encouraged by KG #8 Results
Monday, April 04, 2005GeoGlobal Resources says that the KG#8 well located within the Krishna Godavari Basin on Exploration Block KG-OSN-2001/3 off the east coast of India has been drilled to a depth of 4,595 meters with encouraging results.

GeoGlobal Says KG-11 Well Offshore India to be Abandoned
Tuesday, January 11, 2005GeoGlobal Resources reports that the KG#11 well located within the Krishna Godavari Basin on Exploration Block KG-OSN-2001/3 off the east coast of India has been abandoned.

GeoGlobal Commences Drilling of KG#11
Monday, November 29, 2004GeoGlobal Resources reports that drilling operations commenced on last week on the KG#11 well located within the Krishna Godavari Basin on the Exploration Block KG-OSN-2001/3 off the east coast of India.

GeoGlobal Announces KG#1 Results
Thursday, November 11, 2004Based on log analyses, GSPC ran 3 additional DST tests between 1850 to 2182 meters which indicated high formation damage of the potentially productive gas zones, but no water. GSPC has elected to abandon the KG#1 well and move to the next location.

GeoGlobal to Test and Evaluate KG#1 Well
Thursday, November 04, 2004GeoGlobal Resources reports that drilling operations have been completed on the KG#1 well located within the Krishna Godavari Basin on the Exploration Block KG-OSN-2001/3 ("KG Block") off the east coast of India.

GeoGlobal Commences Drilling Of KG#1 Well
Tuesday, August 03, 2004GeoGlobal Resources reports that drilling operations have commenced on the KG#1 well located within the Krishna Godavari Basin on the Exploration Block KG-OSN-2001/3 off the east coast of India.

GSPC Postpones Drilling at KG-OSN-2001/3 Offshore India
Wednesday, July 14, 2004Technical delays on the Perro Negro 3 has forced Gujarat Petroleum to push back plans to spud the first well at its KG offshore NELP-III block KG-OSN-2001/3.