Discovery Latest News

Friday, October 2, 2015

Petrobras' pre-salt drilling confirms high quality oil potential in Carcará

Petrobras: The drilling of the third well in the Carcará area (Block BM-S-8) in the Santos Basin's ultra-deep waters has confirmed the light oil potential of pre-salt reservoirs. Well 3-SPS-104DA, informally known as Carcará Northwest, is within the Disco ...
South America | Friday, October 2, 2015

Wednesday, September 30, 2015

Lundin Petroleum successfully completes Alta appraisal wells

Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Norway AS has successfully completed the drilling of appraisal wells 7220/11-3 and 7220/11-3 A on the eastern flank of the Alta discovery in PL609. The Alta discovery is located 10 to 20 ...
West Europe | Wednesday, September 30, 2015

Monday, September 28, 2015

Bowleven provides Bomono drilling update; Moambe encounters hydrocarbons

Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that Moambe, the second well in a two exploration well programme, has been drilled to its planned total depth (TD) of 1,769 metres MD and wireline logging has been completed ...
Africa | Monday, September 28, 2015

Thursday, September 24, 2015

Transerv Energy hits extensive gas interval at huge Warro onshore field in Western Australia

Transerv Energy (ASX: TSV) is pleased to report strong results from the latest well at the Warro onshore gas field in WA, with gas pay being encountered over a gross 175m interval. The results from the Warro-5ST well include approximately 130m of net gas pay in massive ...
Australasia | Thursday, September 24, 2015

Tuesday, September 15, 2015

KFG Resources announces new discovery well in Franklin County, Mississippi

Robert A. Kadane, President of KFG Resources Ltd, is pleased to announced a new discovery oil well in Franklin County, Mississippi. The Company's subsidiary, KFG Petroleum Corporation of Natchez, MS, drilled the Drouet Poole Estate #1 well to a total depth of 6800 and f ...
North America | Tuesday, September 15, 2015

Oil and Gas Development Company announces discovery at Aradin-1 well

Oil and Gas Development Company Limited, as an operator of Khewari Exploration Licence, together with its Joint Venture Partner Government Holdings Private Limited has discovered a new Hydrocarbon bearing horizon from exploratory well Aradin-I. This is the 104th discove ...
Middle East | Tuesday, September 15, 2015

Friday, September 4, 2015

Parex announces new Colombian oil discoveries; increases 2015 production guidance

Parex Resources Inc. (TSX: PXT), a company focused on Colombian oil exploration and production, is pleased to announce three new Colombian oil discoveries on blocks LLA-26 and LLA-34, and increased oil production guidance for 2015. All amounts herein are in United State ...
South America | Friday, September 4, 2015

Statoil plugs and abandons wildcat well following small oil discovery

Statoil Petroleum AS, operator of production licence 104, has concluded the drilling of wildcat well 30/9-27 S. The well was drilled around 7 kilometres west of the Oseberg Sør-field in the northern part of the North Sea, 150 kilometres west of Bergen. The purp ...
West Europe | Friday, September 4, 2015

Wednesday, September 2, 2015

GeoPark announces discovery of Jacana, new oil field in Colombia

GeoPark Limited (NYSE: GPRK), the Latin American oil and gas explorer, operator and consolidator with operations in Chile, Colombia, Brazil, Argentina and Peru[1], today announces a new oil field discovery following the drilling of exploration well Jacana 1, located on ...
South America | Wednesday, September 2, 2015

Austin Exploration hits oil in Mississippi

Austin Exploration (ASX: AKK) is pleased to announce that drilling on the Board Of Education lease in Mississippi has intersected crude oil. Electronic logs and side wall core analysis have been run on the Artman & Pearline Oil Sands which indicates two zones totaling ...
North America | Wednesday, September 2, 2015

Winchester Energy recovers oil from second interval in White Hat 21#1 well

Winchester Energy Limited is pleased to report that testing of a second interval in the Ellenburger Formation in the White Hat 21#1 vertical well is underway. The well Operator, Carl E Gungoll Exploration LLC has reported today on the testing of a new interval at a shal ...
North America | Wednesday, September 2, 2015

Tuesday, September 1, 2015

Petroceltic - Massive ENI discovery close to PCI licence

There was good news for Petroceltic (PCI) over the weekend. ENI announced that it had made a 30tcf GIIP discovery offshore Egypt, the largest ever gas find in the Mediterranean. The discovery, Zohr, is in the corner of a block adjacent to the North Port Fouad (NPF) lice ...
Middle East | Tuesday, September 1, 2015

Monday, August 31, 2015

Eni discovers a supergiant gas field in the Egyptian offshore, the largest ever found in the Mediterranean Sea

Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold a potential of 30 trillion cubic feet of lean gas in place covering an area of about 100 square kilometres. Zohr is the largest gas discovery ...
Middle East | Monday, August 31, 2015

Thursday, August 27, 2015

Brightoil announces positive progress and discovery of promising gas reserves in Tuzi Gas Field new deep well project

Reference is made to the announcement dated 26 May 2015 issued by Brightoil Petroleum (Holdings) Limited. With regard to the Xinjiang Tuzi Luoke Gas Field (Tuzi Gas Field) jointly developed by the Company and China National Petroleum Corporation, the drilling task unde ...
Asia Far East | Thursday, August 27, 2015

Tuesday, August 25, 2015

Lundin Petroleum completes drilling of Edvard Grieg appraisal well 16/1-12

Lundin Norway AS, operator of production licence 338, is in the process of completing the drilling of appraisal well 16/1-23 S on the Edvard Grieg oil field in the central section of the North Sea. Appraisal well 16/1-23 S is drilled 2.4 kilometres southeast of the Edv ...
West Europe | Tuesday, August 25, 2015

Thursday, August 20, 2015

LGO announces positive production test in Goudron Field, Trinidad

LGO today announces that production testing has started on well GY-675, the first well drilled on Pad-5 in the Goudron Field in Trinidad. After initial clean up the well delivered a natural flow rate of approximately 325 barrels oil per day through a 7/32-inch choke wit ...
Central America | Thursday, August 20, 2015
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