Husky Energy Inc. has announced that its wholly owned subsidiary, Husky Oil China Ltd., has signed a Heads of Agreement with China National Offshore Oil Corporation (CNOOC), specifying the key principles of cooperation for funding and operation of the Liwan 3-1 deep water gas field development.
The series of exploration successes for RWE Dea in Norway continues. Having already made a major gas discovery in the Zidane licence area in mid-September, the semisubmersible drilling rig Bredford Dolphin just made another discovery in the Titan prospect (PL 420), with a promising oil discovery.
Osyka Corporation has found its recently acquired interests in the Placedo East field in Texas to be gas-productive.
Cuadrilla Resources has found shale gas after drilling 4000 ft down into the Bowland Shale formation in Lancashire, Northern England.