FoxDavies views from the trading floor - Providence Resources, Lansdowne Oil & Gas and San Leon Energy
Providence Resources (LON:PVR) pushed 2.5% higher during early trading after the company said it has completed further analysis of the 48/24-10z well test data which were acquired by Schlumberger duri
Thursday, May 24, 2012

Vanguard Energy Corporation announces new lease

The Hull-Daisetta Dome has geologic characteristics similar to the Batson Dome as well as substantial production history that provides guidance for well placement.

Thursday, May 24, 2012

Simba Energy receives final approval for 60% interest in Blocks 1 & 2 onshore Guinea
Simba Energy Inc. (TSX VENTURE:SMB)(FRANKFURT:GDA)(OTCQX:SMBZF), announce that it has received final approval for 60% of the Production Sharing Contract (PSC) in blocks 1 & 2, onshore Guinea from the
Thursday, May 24, 2012

ProSep announces $1.3 million gas treatment contract awards

The Michigan Properties consist of the Addison 12-05N-11E Field ("Addison") and Bruce Fields, DeWald 2-12 and Big Hand.

Well #315 was spud on May 9, 2012 with a target depth of 4,700m.
Well #306, which was spudded in January is currently drilled to depth of 3,878 m. The KT-I horizon has been penetrated.

The Company has determined that with this investment the operator has enough funds to drill the Garcia #3 to depth.

LD 21-2 is located in the inverted structure belt of LD 22-27 in south Liaodong Bay, with its south part adjacent to LD 27-2 oilfield.

The total estimated resources of the block amount to more than 700 million barrels of light crude and 3 Trillion cubic feet (Tcf) of gas.

It is expected that net proceeds after costs and income tax will be approximately USD $162 million.

Thursday, May 24, 2012

No people added yet

OilVoice.com Learn more about a Premium OilVoice Membership