Exploration

The amount received at the closing adds to the amount of US$56 700 paid to Petrobras when the sale contracts were signed, totalling an amount of US$63 000.

Cloudbreak will act as a financial partner and sit on the joint operating committee giving corporate direction and reviewing technical information.

Hod B in the North Sea will soon come on stream, thanks to an unmanned facility remote-controlled from the Valhall field.

The transaction will contribute to the optimisation of Maersk's fleet in line with the company's strategic priorities.

The drilling permit has been granted based upon the petroleum resource act paragraph 13.

Eni announces new oil and gas discoveries in Western Desert for approximately 8500 boe per day.

Resources for the entire Cambozola prospect have been estimated at 159 million boe.

The Jade prospect has a GCA audited mean in place potential of 225 million bbl and a P10 in place upside of 395 million bbl.

Cervantes-1, an oil exploration well in the onshore Perth Basin licence L14, failed to encounter hydrocarbons.

Cloudbreak Discovery, Gondwana Petroleum Namibia Pty Ltd., Timeworn Investments Pty Ltd., Pioneer Oil and Gas Consulting CC and a Swiss-based asset manager will jointly work towards submission of an application to acquire Petroleum Exploration License 1724 in Namibia.

TGS has announced a new 3D seismic survey in partnership with Schlumberger.

The project applies a modern comprehensive broadband processing workflow to 3363 km2 of 3D data to better understand the hydrocarbon prospectivity of the Tarakan Basin.

The project will cover the Sapinhoá Shared Reservoir in the Santos Basin offshore Brazil.

The exploration blocks are located off the coasts of Sabah and Sarawak.

The well was drilled on the northern culmination of the greater Pavo structure and encountered a 60-m gross hydrocarbon column in the primary Caley member reservoir target.