Bounty Oil & Gas NL (“Bounty”) announces progress report on the New Seaclem 1 well in PEP 11. The well was spudded at 00.00 hours AEDST 15 December 2010 and has drilled the 9 7/8″ pilot hole to 310.5 metres BRT. Current operations: Preparing to open hole to 36″ before running the 30″ conductor casin
Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today that National Grid, an international electric and gas company, has selected the Allegro 8 platform to manage its power, natural gas, liquefied natural gas (LNG), natural gas liq
In 2010 Statoil started production on three new fields, delivered a plan for development and operation (PDO) of two new fields and chose concepts for two of our main improved recovery projects. Statoil’s strategy is to maximise the value on the Norwegian continental shelf (NCS), and its goal is to m
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited (“Ithaca” or “the Company”), an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that it plans to drill a second production well on the Jacky fi
Det norske oljeselskap ASA, operator of production licence 341, is in the process of completing the drilling of wildcat well 24/12-6 PG. The well has been drilled about 75 km north of the Sleipner field. The primary exploration target for the well was to prove petroleum in the Upper Jurassic (the Dr
Beach Energy Ltd is pleased to announce that it has secured majority control of Impress Energy Limited by lifting its relevant interest in Impress to above 50%. On Monday, 6 December 2010, Beach announced a recommended and unconditional on-market cash offer for all of the issued and outstanding shar
Officials with the Valero Aruba Refinery and the Government of Aruba announced today that they had signed a memorandum of understanding addressing the delivery of a liquefied natural gas to Aruba, which will help reduce utility costs and lower emissions on the island. At the time of the signing, Val
Cheniere Energy Partners, L.P. announced today that SG Americas Securities, LLC, the U.S. broker-dealer subsidiary of Societe Generale Corporate & Investment Banking, has been engaged as financial advisor to Sabine Pass Liquefaction, LLC for general financial strategy and planning in connection with
Bounty Oil and Gas NL announces that the “Ocean Patriot” semi submersible drill rig reached the New Seaclem-1 drilling location, 55 km due east of Newcastle, NSW, and ran the first anchor at approximately 0700 AEDST. Once all anchors are run, the rig will ballast down and prepare to spud. New Seacle
EnCore Oil plc announces that the Transocean Galaxy II heavy duty jack-up rig left the standby location in the UK North Sea on Sunday 12 December and is en route to the Varadero location on Block 28/9. Subject to weather and any operational delays, the rig is expected to arrive at Varadero later tod
MEO Australia Limited advises that since the last progress report, the 9-5/8” casing was run and cemented to a depth of 2,971m MDRT and the 8-1/2” hole was drilled through the target reservoirs to a total depth of 3,500m MDRT over the weekend. No hydrocarbons were encountered in the objective reserv
Wärtsilä, the marine industry’s leading solutions provider, has been awarded the contract to supply the propulsion equipment for a new, state-of-the-art, research vessel. The vessel will be operated by the UK’s Natural Environment Research Council (NERC), and is to be built at the C.N.P. Freire S.A.
Shell and Schlumberger announced a multiyear research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields. • Goal is to speed development of oil and gas resources to meet increasing demand
VAALCO Energy, Inc. provided an update on its horizontal development well (ET-7H) in a known separate fault block in the Etame field and on its exploration well (ETOMG-1) on the Omangou prospect, both wells located offshore Gabon. The Company has laid and connected production, service and gas lift l
