Mining, Oil & Gas News & Blog

Entries for April 2013

30
ENAP and Geopark partnership announces drilling operations start-up in Tierra Del Guego in Chile
GeoPark Holdings Ltd,  the Latin American oil and gas explorer, operator and consolidator with operations and producing rights in Chile, Colombia and Argentina

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25
Bengal's drilling campaign continues to show 100% success rate - now 10 for 10 at Cuisinier in the Cooper Basin
Bengal Energy announce that the Cuisinier 8 well ("Cuisinier 8"), the second well in the 2013 Cuisinier appraisal drilling campaign on the Badrta sub-block ("Barta sub-block") portion of Authority to Prospect ("ATP") 752P in the Cooper-Eromanga Basin, in Queensland, Australia, has been cased as a future oil producer.

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24
Metals Exploration making good progress with Runruno construction in Philippines
Metals Exploration set to push button on major development which puts the firm is on the cusp of realising the value of the work that has been put into the Runruno gold project, in the northern Philippines.

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24
FX Energy testing Tuchola-3K and Plawce-2 wells in Poland
FX Energy, Inc. oil and gas exploration and production company with production, appraisal, and exploration activities in Poland today reported on testing two of its wells in Poland for Tuchola-3K Testing Upper Devonian

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23
Apco Oil and Gas International continues exploration efforts in Colombia
Apco Oil and Gas International Inc. participated in the drilling of two exploration wells in Colombia’s Llanos 32 block during the first quarter of 2013. Apco participates in the block with a 20 percent working interest.

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23
TAG Oil targets unconventional discoveries with first oil and gas exploration well in New Zealand
TAG Oil Ltd.  announced that drilling of the Ngapaeruru-1 exploration well is now underway in TAG's 100% controlled Petroleum Exploration Permit 38349, located in the East Coast Basin of New Zealand.

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23
Jubilant Energy NV announces spudding of the third well of Phase-III-Extension development drilling campaign in oil producing Kharsang Field
Jubilant is announced that KPL-3E-6, the third well of the six wells Phase-III-Extension development drilling campaign in the oil producing Kharsang Field, Arunachal Pradesh, was spud on 20

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23
Mexico-focused silver miner Arian Silver says short-term prospects unchanged
Arian Silver said today its short-term prospects had not changed and the financing talks for its new mill were continuing as expected despite the volatility in the silver price.

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22
African Consolidated expects DFS on Pickstone restart by June in Pickstone Peerless mine
Gold group African Consolidated Resources is expected to complete a definitive feasibility study by June for the re-start of production at its Pickstone Peerless mine.

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22
Middle East Petroleum & Gas conference started
Middle East Petroleum & Gas conference now in its 21st year, MPGC celebrates its success as the longest running annual oil conference in the Middle East.

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21
Magnolia Petroleum reveals significant reserves upgrade with new CPR
There was reserves upgrade news from US focused Magnolia Petroleum (LON:MAGP), which revealed a five-fold increase in the value of its oil reserves.

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21
 Europa Oil & Gas surged at the end of the week after it struck a farm-out deal with Kosmos Energy
Europa Oil & Gas surging at the end of the week after it struck a farm-out deal with Kosmos Energy for its two assets in the South Porcupine basin, off the coast of Ireland.

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19
Drillsearch Energy Limited announces oil business – Bauer oil export pipeline completion
Drillsearch Energy Limited  announced that Beach Energy Ltd (operator) of the PEL 91 Joint Venture has advised that the commissioning of the Bauer-to-Lycium Crude Oil Pipeline is commencing next week. The PEL 91 Joint Venture is comprised of Drillsearch (60%) and Beach Energy as Operator (40%).

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18
Max Petroleum strikes oil in Zhana Makat field in Kazakhstan
Kazakh oil explorer Max Petroleum has struck oil in the Zhana Makat field in Kazakhstan. It comes after development well ZMA-A24 reached a total depth of 871 metres, encountering hydrocarbons in Jurassic sandstone reservoirs as expected.

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18
Northern Petroleum Plc announces the joint venture decision to extend  current drilling operations on the Guyane Maritime permit in French Guiana. 

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18
West African Minerals moves to prove up a "potentially significant" iron ore resource in Cameroon
West African Minerals is ready to embark on an infill drilling programme on its Djadom South iron ore property in Cameroon to prove up a “potentially significant resource”.

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17
Salamander Energy announces spud of Bedug-1 exploration well
Salamander announces the spud of the Bedug-1 exploration well in the Bontang PSC. Salamander has a 100% operated interest in the Bontang PSC.

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17
Bridge Energy ASA announces PL511 Mjøsa exploration well spudded in Norwegian Sea
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company announced that the drilling of exploration well 6406/6-3 has commenced.

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17
Curis Resources removes legal obstacles for Florence project, allowing for continued prep of test facility
Curis Resources slashes costs at flagship project - PDAC2013 - and last week Curis confirmed that a recent vote by the town council in Florence, Arizona has allowed the company to continue preparations for the start of operations of a phase 1 production test facility for its Florence copper project. 

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16
Petroceltic International plc announced Signature of $500 million Financing Facility
Petroceltic International plc ("Petroceltic" or "the Company"), the upstream oil and gas exploration company focused on North Africa, the Mediterranean and the Black Sea regions is pleased to announce the signature of a financing agreement for up to $500 million

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