Vanco Energy Company News

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Vanco Wraps Up Drilling Ops at Jandaia Well
Thursday, December 27, 2012Panoro Energy announced that the drilling of the Jandaia well is completed.

Vanco Spuds Sabia Well Offshore Brazil
Monday, July 09, 2012Panoro Energy ASA announces the spudding of the Sabia well in the BM-S-72 block in the southern Santos basin offshore Brazil.

Vanco Exploration CEO Resigns
Wednesday, March 07, 2012Vanco announced that Gene Van Dyke, President and CEO of Vanco Exploration Company, has elected to resign to pursue other opportunities.

Vanco Discovers Oil Offshore Cote d'Ivoire
Wednesday, December 07, 2011Vanco, together with LUKOIL and PETROCI Holding, announced a discovery in Block CI-401.

Lukoil, Vanco Team Up in Black Sea JV
Thursday, February 24, 2011A consortium, including Lukoil and Vanco have signed concession agreements with the National Agency for Mineral Resources of Romania.

Lukoil, JV Partners Prep for Gulf of Guinea Drilling Program
Friday, October 15, 2010Lukoil, Vanco, GNPC and PETROCI are preparing for an intensive West African exploration and appraisal drilling program for two contract areas in the Gulf of Guinea.

Vanco Collects Oil Samples Offshore Cote d'Ivoire
Monday, April 19, 2010Drilling of the first exploration well in Block CI-401 on the Orca Prospect, located in the Gulf of Guinea, has been completed.

Ivory Coast in Row with Ghana over Oil-Rich Offshore Region
Friday, March 05, 2010The discovery of oil reserves off the coast of Ghana has kicked off a row with Ivory Coast, which is claiming part of its neighbor's maritime area, a Ghanian minister said Friday.

Vanco Hits Hydrocarbons in Ghana's Deep Waters
Friday, February 26, 2010Vanco, in partnership with Lukoil and GNPC, has made a significant discovery at its Dzata-1 exploration well, in a deepwater block offshore Ghana.

Vanco Selects Rock Solid Images for Seismic Study in Cote d'Ivoire
Wednesday, September 09, 2009Rock Solid Images has been awarded a seismic reservoir characterization project offshore Cote d'Ivoire covering 2,000km2 by Vanco Energy Company.

Vanco Continues Exploration in Cape Three Points Deepwater Block
Wednesday, April 01, 2009Ghana, GNPC, Vanco and Lukoil signed a new petroleum agreement covering the Cape Three Points Deepwater block offshore Ghana.

Vanco Names New VP, General Counsel
Monday, February 09, 2009Vanco has announced the recent appointment of Todd J. Mullen as Vice President -- General Counsel.

Vanco, Lukoil Secure Aban Abraham Drillship for Operations Offshore Ghana
Monday, August 25, 2008Vanco and Lukoil have completed contractual arrangements for the Aban Abraham drillship to drill the Dzata-1 well, which will be the first exploration test on the Cape Three Points Deepwater block, offshore Ghana.

Ukraine Inks First-Ever PSA in Deepwater Black Sea with Vanco
Friday, June 27, 2008The PSA gives Vanco the opportunity to explore and develop the highly prospective Prykerchenska Block. Work will begin immediately on a detailed exploration program which will include an extensive 3D seismic survey followed by deepwater drilling.

Vanco Disputes Ukranian Decision to Sever Prykerchenska PSA
Thursday, May 22, 2008Vanco is committed to working together with the Ukrainian government in order to resolve this dispute in a timely and equitable manner. If necessary, however, Vanco is prepared to defend its rights to the fullest extent of the law.

Vanco Signs Ukraine's First Deepwater Black Sea Agreement
Friday, October 19, 2007The Government of Ukraine signed the Prykerchenska Production Sharing Agreement (PSA) with Vanco International Ltd. The Prykerchenska block covers an area of 13,000 square kilometers and water depths range from 500 meters to over 2,000 meters.

Lukoil Acquires Three Exploration Assets in West Africa
Thursday, April 26, 2007Lukoil Holdings has signed an agreement with American oil and gas company Vanco Energy to acquire a 56.66% share in three exploration projects on prospective offshore blocks in the Gulf of Guinea in west Africa, Lukoil said Thursday.

Urals Energy Makes Management Appointments
Monday, February 12, 2007To reflect the ongoing growth of the company, Urals Energy has appointed three new key management personnel.

Vanco Hires the Atwood Southern Cross for Work in the Black Sea
Monday, June 26, 2006The Atwood Southern Cross has been awarded a contract by Vanco International Ltd. to drill one firm well with an option to drill one additional well in the Black Sea off the coast of Ukraine.

BG Group Enters Madagascar with Farm-in Agreement
Thursday, June 15, 2006BG Group has acquired a 30 percent interest in the Majunga Offshore Profond exploration block in Madagascar under a farm-in agreement with Vanco Madagascar Limited. This agreement marks BG's entry into the country.

Vanco Wins Black Sea Deepwater Tender
Wednesday, April 26, 2006Vanco has won a competitive tender for the right to conclude a Production Sharing Agreement with the Government of Ukraine for the highly prospective Prykerchenska Tender Area located in the Black Sea, offshore Ukraine.

Vanco International & JNR Eastern Win Tender for Prykerchens Field
Friday, April 21, 2006Ukraine has awaraded Vanco International and JNR Eastern Investments a production sharing contract that covers the Prykerchenska Field in the Black Sea.

Vanco Signs Two PSAs for Ivory Coast
Tuesday, October 04, 2005Vanco Energy has signed two new Production Sharing Contracts in Cote d'Ivoire. The contracts cover blocks CI-401 and CI-101 in the eastern deepwater area of Cote d'Ivoire.

Ocean Rig Receives LOI from Vanco for Leiv Eiriksson
Wednesday, August 31, 2005Ocean Rig has agreed to a Letter of Intent with Vanco Energy for the use of the Leiv Eiriksson offhsore West Africa.

Vanco Energy Completes Drilling Ivory Coast Well
Monday, April 25, 2005Vanco Energy has concluded drilling operations for the San Pedro #1 well which targeted one of nine fault blocks on the CI-112 exploration permit offshore Cote d'Ivoire.

Vanco Names New President
Friday, April 01, 2005John F. Imle, Jr. has recently joined Vanco Energy Company as President with Gene Van Dyke becoming Chairman.

Vanco Spuds San Pedro #1 Well Offshore Cote d'Ivoire
Monday, March 28, 2005Vanco reports that drilling operations have started on the San Pedro #1 well in the CI-112 exploration permit offshore Cote d'Ivoire.

Vanco Begins Deepwater 3-D Seismic Survey Offshore Morocco
Wednesday, March 23, 2005Vanco Morocco Ltd. has commenced a 700 square kilometer 3-D seismic acquisition program offshore Morocco over the deepwater Safi Haute Mer Permit.

Vanco Announces Drilling Plans for Block CI-112
Thursday, December 16, 2004Vanco and its partners finalize drilling plans for Block CI-112 offshore Cote d'Ivoire.

Geotrace Awarded Processing of Offshore Madagascar Survey
Thursday, September 30, 2004Geotrace has recently been awarded the seismic processing of Vanco Madagascar Ltd.'s Majunga Offshore Profond block offshore northwestern Madagascar.

ONGC Videsh Acquires Stake in Offshore Ivory Coast Block
Friday, September 03, 2004ONGC Videsh Ltd. has reached agreement with Vanco Energy Company to acquire 30% participating interest in an exploratory block, offshore Ivory Coast.

Vanco Begins Madagascar 3D Seismic Acquisition Program
Friday, August 27, 2004Vanco has contracted PGS to conduct a comprehensive 3D seismic acquisition program covering 3,657 square kilometers of the deepwater portion of the Majunga Offshore Profond offshore Madagascar.

Hydro Acquires Stake in Majunga Block Offshore Madagascar
Tuesday, August 17, 2004Norsk Hydro entered into an agreement with Vanco on August 12, 2004 for a farm-in consisting of a 30 percent equity share in the Majunga block off northwestern Madagascar.

Vanco Concludes Drilling Operations on Shark Well
Thursday, August 05, 2004Vanco Energy Company announces, on behalf of the Vanco Group, the conclusion of drilling operations in the Ras Tafelney Area offshore Morocco.

Vanco Spuds Shark B Exploration Well Offshore Morocco
Monday, May 10, 2004Vanco Energy reports that on May 4th operations commenced operations on the exploration well Shark B-1 located approximately 130 kilometers off the coast of Morocco in 2,120 meters of water.

Vanco & ENI to Begin Drilling Offshore Morocco in April
Tuesday, February 03, 2004Vanco Energy and ENI will commence drilling their first deepwater well in the Ras Tafelney exploration permit offshore Morocco in late April.