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Exploration - 30 November 2010

Opening oil exploration to the East Coast

The African Continent’s west coast has long been an oil rich haven for oil companies from the west to exploit, yet now with the continual discoveries of oil rich deposits in the east, companies are turning their attention to countries like Uganda, Tanzania and Mozambique to source large quantities of Africa’s oil reserve.

 

Dry well in the Norwegian Sea

Drilling of the exploration well 6603/5-1S on the Dalsnuten prospect in license PL392 in the Norwegian Sea by Noreco has been concluded. The well did not encounter reservoir rocks and was dry.