Exploration - 04 July 2014

Enegi has provided an update on Block 22/12b in the Central North Sea, which contains the Phoenix Discovery.

PetroNeft, an exploration and production company operating in Russia, has completed the farmout of Licence 61 to Oil India.

Woodside has finalised an agreement with Chariot Oil & Gas to farm-in to the prospective Doukkala Basin offshore Morocco.

Lundin has entered into an agreement to sell an additional 15% interest in PL359, which contains the Luno II discovery, to Wintershall.