TAG Oil announces reserve increases
An independent reserves assessment of TAG Oil’s interests suggests an approximate 27% increase in annual reserves revisions.
Exploration - 21 June 2017
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AWE: Waitsia-3 appraisal well reaches total depth
AWE Limited, the operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, has announced that the Waitsia-3 appraisal well reached Total Depth (TD) of 3612 m Measured Depth below Rotary Table (MDRT).
Rystad Energy: Saudi Arabia adds oil resources ahead of IPO
In its annual account of global oil resources, Rystad Energy finds that Saudi Arabia has added enough recoverable oil resources to regain its top position ahead of the United States and Russia.