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Timor-Leste Issues Termination Notice for PSC JPDA 06-103
Thursday, July 16, 2015Timor-Leste's Autoridade Nacional do Petroleo issues a notice of termination to Oilex for PSC JPDA 06-103, located in the Timor Sea, which is effective immediately.

GNRL Oil & Gas Finds Oil at ND#1A Well in Gujarat
Tuesday, September 23, 2014GNRL Oil & Gas makes oil discovery at ND#1A well in Dholasan field in Gujarat, India.

GSPC Books Re-Gasification Capacity at Petronet LNG's Dahej Terminal
Monday, January 07, 2013Petronet LNG bags a 20-year term contract with state-backed GSPC to provide 2.25 mmtpa of re-gasification capacity from its Dahej LNG terminal.

Oilex Sidetracks Timor Sea Well
Monday, January 04, 2010Oilex Ltd advised Monday that delays have been experienced with running of 9" casing above the primary objective Elang/Plover Formation sandstones in the Lolotoe-1 well.

Oilex Spuds First Well in Timor Sea Drilling Program
Friday, November 20, 2009The Lore-1 well, the first well of a 2 well program in the Timor Sea contract area JPDA 06-103, was spudded on November 20, 2009.

Songa Mercur Gears Up for Timor Sea Drilling
Wednesday, November 11, 2009Oilex advised that on November 11, 2009, Woodside released the Songa Mercur drilling rig to Oilex and the vessel is now under tow from Dampier to the first well location in Oilex's Timor Sea contract area JPDA 06-103.

Pan Pacific Petroleum Reports on Timor Sea, Vietnam Farm-Ins
Tuesday, October 13, 2009Pan Pacific Petroleum has agreed to acquire a 15% interest in the JPDA 06-103 Production Sharing Contract, and all JV parties have now waived their pre-emptive rights in relation to the respective farm-outs.

Pan Pacific Petroleum Snaps Up Stake in Timor Sea Block
Wednesday, September 30, 2009A wholly owned subsidiary of Pan Pacific Petroleum has agreed to acquire a 15% Participating Interest in the JPDA 06-103 Production Sharing Contract, the area of which is located in the Timor Sea.

Essar Wildcat to Continue Operations Offshore India
Monday, September 21, 2009Achieving financial closure, the Essar Wildcat semisub will continue drilling operations in the KG Basin offshore India.

Essar Wildcat Gears Up to Drill 2nd Well in KG Basin
Friday, September 04, 2009The Essar Wildcat semisub has successfully completed the first well at the KG Basin location for GSPC, with the actual drilling time being well ahead of schedule and has mobilized to spud a second well for the GSPC.

Oilex Confirms Key Condition of Timor Sea Farm-Out Satisfied
Monday, August 10, 2009Oilex advised that an important approval has been received from the JPDA Designated Authority for an extension to the first term of the Production Sharing Contract covering the highly prospective block JPDA 06-103 in the Timor Sea.

Oilex Identifies Large Volume Prospects in Timor Sea
Tuesday, April 07, 2009Oilex has identified 10 prospects as potential drilling targets from a portfolio of over 20 prospects and leads in its operated block JPDA 06-103 in the Timor Sea.

Australian JV Pulls Out of Offshore Exploration Permit EPP27
Friday, March 20, 2009An agreement was reached in which the JV participants in Permit EPP27 and the Australian Joint and Designated Authority have agreed that the JV is not required to drill a commitment well in the permit.

Bengal, Partners Snare Block in NELP VII
Wednesday, July 09, 2008Avery has provided an update on its operations in India and Australia, and has announced that Bengal Energy, along with its two joint bidding partners, has received the NELP VII provisional award of Block CY-ONN-2005/1.

Oilex Launches Seismic Survey in Highly Rated JPDA 06-103 Block
Thursday, June 05, 2008Oilex has begun 3D seismic operations in block JPDA 06-103 in the Timor Sea area. The block has an expected potential of up to 300 million barrels, and the recent discovery in an adjacent block buoys hopes for oil production.

Essar Oil Delays Rig Deployment, Hampers GSPC's Exploration
Wednesday, January 23, 2008Delay on the part of Essar Oil field Services in deploying the Essar Wildcat semi-submersible rig has affected GSPC's plan to explore the deepwater eastern part of the K-G Basin block (KG-OSN-2001\3).

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.

Oilex Resumes Cambay Testing in India
Monday, March 26, 2007Oilex Ltd, operator for the Cambay Field Joint Venture, said that the re-entry and test program for the well Cambay-72 in Cambay Field, onshore Gujarat, India, will resume this week.

Oilex Reinitiates Testing Ops at Cambay 72
Monday, January 29, 2007Oilex Ltd on Monday reported on the progress of the Cambay 72 re-entry and test program in Cambay Field, Gujarat, India.

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").

Oilex Set to Begin Sabarmati Workover
Wednesday, January 17, 2007Oilex Ltd said that following approval of the work program by the Government of India, the company is initiating field rehabilitation activities on the Sabarmati Field.

Aban, GSPC to Form Offshore Drilling Services JV
Monday, January 15, 2007Aban Offshore said that its subsidiary, Aban 8 Pte. Ltd, has entered into a Memorandum of Understanding with the government of India's Gujarat state to set up an offshore drilling services joint venture with GSPC.

India Okays Oilex's Interests in PSCs
Tuesday, January 09, 2007Oilex Ltd said that it has received the approval of the Government of India for the assignment of 40% participating interests in the Bhandut and Sabarmati fields production sharing contracts (PSCs).

Oilex: Cambay Test May Begin Next Month
Thursday, December 07, 2006Oilex Ltd announced that its recommendation for the completion and testing of the Cambay-72 well has been accepted by the Government and Joint Venture parties ('JV').

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")).

Oilex Consortium Wins Carnarvon Basin Permit
Friday, August 18, 2006Oilex NL said that it has accepted the offer made by the Commonwealth-Western Australia Offshore Petroleum Joint Authority for the award of permit W05-11 located in the offshore Carnarvon Basin.

Oilex Consortium Wins Block 103 in JPDA
Thursday, August 17, 2006Oilex NL reported that the Timor Sea Designated Authority has announced the award of Block 103 located in the northern part of the Joint Petroleum Development Area to a group of 4 companies led by Oilex.

ONGC Board Okays Mumbai, Dahej Developments
Tuesday, August 08, 2006The board of Oil and Natural Gas Corporation Ltd. (ONGC), in its 158th meeting on August 8, 2006 has approved investment proposals for (i) Development of C-series in Mumbai offshore and (ii) Dahej Petrochemicals Complex.

Seismic Survey Concludes in Offshore Otway
Tuesday, July 25, 2006Great Artesian Oil and Gas Limited said that Oilex N.L., operator of the EPP 27 Joint Venture in the Otway Basin offshore Australia, has completed acquisition of a marine seismic survey totaling approximately 1325 km of 2D seismic data.

Seismic Survey Completed in Otway Basin
Friday, July 21, 2006Bruce McCarthy, managing director of Oilex NL, said that a 2D seismic survey conducted by M.V. Pacific Titan in the Otway Basin permit EPP 27 offshore Australia has been completed.

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.