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Drilling & production

 

Husky Energy approves Rush Lake 2

Rush Lake 2 is “profitable even at today’s low oil prices”, commented Husky Energy’s CEO, Asim Ghosh.

 
 
 
 

PetroTerra Corp. provides operational update

PetroTerra Corp. has announced that following its most recent site inspection of the project area the company is initiating Phase Three of its technical analysis at the Sevier Oil Prospect.

 

Statoil exits Alaska

Statoil has announced it has decided to exit Alaska following recent exploration results in neighbouring leases.

 
 
 
 
 
 

Rig contract signed for Naga Selatan-2 well

CUE has announced that its wholly owned subsidiary, Cue Kalimantan Pte Ltd, the operator of the Mahakam Hilir PSC, has contracted a rig for the drilling of the forthcoming Naga Selatan-2 well.