Sagres Energy Inc. Announces Spud of the Apoteri K-2 Exploration Well in Guyana
Sagres Energy Inc. (CVE:SGI) announces the planned spud of the Apoteri K-2 exploration well on the Takutu Block in Guyana prior to December 31, 2010.
Sagres Energy Inc. (CVE:SGI) announces the planned spud of the Apoteri K-2 exploration well on the Takutu Block in Guyana prior to December 31, 2010.
Canacol Energy Ltd. (CVE:CNE) announces a US$ 106 million capital budget in 2011 for exploration and development activities in Colombia, Guyana, and Brazil.
Petrominerales Ltd. (PINK:PMGLF), a 65% owned subsidiary of Petrobank Energy and Resources Ltd. (TSE:PBG) announce the successful test of our Yenac-2 well at a rate of 2,936 barrels of oil per day.
After receiving approval for the commercial viability of natural gas production from the Farsi block in Iran, the overseas arm of Oil and Natural Gas Corporation, OVL, has now submitted a feasibility report for the oil discovery it made in the block two years ago. For full story, click here
Brazil’s Petrobras on Friday announced a new offshore discovery of as much as 2 billion barrels of light crude in ultra-deep deposits about a mile below the ocean floor. For full story, click here
Cuban government announced there may be more than 20bn barrels of recoverable oil, which is more than double the estimate in offshore fields in the country’s share of the Gulf of Mexico. Kirby Jones, founder of the Washington-based US-Cuba Trade Association said: It would change their whole equation. The government would have more money and [...]
Brazil’s state oil company Petrobras has announced a new deep-water discovery of light crude in the country’s Santos Basin. For full story, click here
Canada based Verenex Energy Inc., a Canada-based has confirmed oil discovery in Ghadames Basin in Libya. For full news, click here
Get our independent commentary on oil trends and companies delivered to your inbox.