Discovery Latest News

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

Monday, August 17, 2015

Red Emperor Resources announces results of Hawkeye-1 well; hydrocarbons discovered not economical

Red Emperor Resources NL (ASX | AIM: RMP) provides the following update with respect to the drilling of the Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines. The Hawkeye-1 exploration well was drilled to the planned total depth of 2,920m with the t ...
Asia Far East | Monday, August 17, 2015

Wednesday, August 12, 2015

Lundin Petroleum announces oil discovery in the Luno II North prospect, offshore Norway

Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the drilling of exploration well 16/4-9 S on the Luno II North prospect has resulted in an oil discovery. The well is located in a sep ...
West Europe | Wednesday, August 12, 2015

Monday, August 10, 2015

Canacol Energy announces light oil discovery in Ecuador, provides production and drilling update

Canacol Energy Ltd. (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to provide the following update concerning its production and drilling operations in Colombia and Ecuador. Production Operations Average net production before royalty for the month of July 2015 was 10,973 ...
South America | Monday, August 10, 2015

Monday, August 3, 2015

Octanex announces declaration of location over Ascalon gas discovery

Octanex N.L. (ASX Code: OXX) advises that a location has been declared over the Ascalon gas discovery in the Southern Bonaparte Basin, offshore from Western Australia. The declaration is an initial step in obtaining a retention lease over the discovery. The Ascalon gas ...
Australasia | Monday, August 3, 2015

Thursday, July 30, 2015

Austin Exploration encounters natural gas in the Pierre formation, Colorado

Austin Exploration (ASX: AKK) advises that the drilling of the Company's deviated exploration well has encountered natural gas in the Pierre formation at its flagship Pathfinder project in Colorado. Electronic resistivity logs have been run and show a spike in the bott ...
North America | Thursday, July 30, 2015

Friday, July 24, 2015

AWE will not proceed Drover-1 exploration program

AWE Limited (ASX: AWE), as Operator of Exploration Permit 455 in the Perth Basin, Western Australia, advises that after consultation with Joint Venture partner, Titan Energy Limited (ASX: TTE), it will not proceed with Phase 2 of the Drover-1 exploration program and wil ...
Australasia | Friday, July 24, 2015

Bowleven encounters hydrocarbons in Bomono, Cameroon

Highlights Zingana has been drilled to a TD of 1,720m MD; pre-drill well objectives achieved. Wireline logging has been completed and the logs are being evaluated. Hydrocarbons were encountered in target reservoirs. The Zingana well is being suspended as planned to enab ...
Africa | Friday, July 24, 2015

Thursday, July 23, 2015

Statoil announces gas and condensate discovery in the Julius Prospect, North Sea

Operator Statoil and its PL146/PL333 partner Total E&P Norge have made a gas and condensate discovery in the Julius prospect in the King Lear area in the North Sea. The discovery well 2/4-23S, drilled by Maersk Gallant, proved gas and condensate in the Ula formation. S ...
West Europe | Thursday, July 23, 2015

Tuesday, July 21, 2015

Northcote Energy encounters ten foot pay section at Lutcher Moore #20 well, Shoats Creek Project

Northcote (AIM: NCT) is pleased to announce that the Lutcher Moore #20 well, targeting the Frio Formation at the Shoats Creek Project in Louisiana, has encountered approximately a ten foot (10') pay section in the Frio 5030' Sand formation and has already initiated comp ...
North America | Tuesday, July 21, 2015

Thursday, July 9, 2015

Austin Exploration hits oil in Kentucky

Robards Lauenstein #4 well successfully drilled and producing oil under natural pressure Well will be drilled and completed for less than US$100,000 Drilled internally by Austin's team with no contractors saving significant costs Well expected to produce oil profitably ...
North America | Thursday, July 9, 2015

Wednesday, July 1, 2015

Alvopetro announces Block 182 discovery

Alvopetro Energy Ltd. (TSX VENTURE:ALV) is pleased to announce that our 182(B1) well, located on Block 182 in the Recôncavo basin in the State of Bahia, Brazil, has discovered hydrocarbons. The 182(B1) well reached a total measured depth of 2,095 metres. While dri ...
South America | Wednesday, July 1, 2015

Statoil completes drilling at Gina Krog Unit wildcat and appraisal wells

Statoil Petroleum AS, operator of the Gina Krog Unit, has completed the drilling of wildcat well 15/6-13 and appraisal wells 15/6-13 A and 15/6-13 B. The wells were drilled about 250 kilometres west of Stavanger and directly northeast of the Gina Krog field. The objec ...
West Europe | Wednesday, July 1, 2015

Tuesday, June 23, 2015

Tullow abandons Zumba exploration well

Tullow Oil plc announces that the Zumba exploration well (6507/11-11) in licence area PL 591 in the Norwegian Sea has not encountered hydrocarbons and will now be plugged and abandoned. The primary objective of the well was to prove hydrocarbons in the Upper Jurassic R ...
West Europe | Tuesday, June 23, 2015
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