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Exploration

Arrow announces exploration well AB-1 results

Arrow Exploration Corp. has provided an update on the operational activity at the Alberta Llanos field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50% beneficial interest.

 
 

DNO adds its ninth discovery in North Sea core area

DNO ASA, the Norwegian oil and gas operator, has announced an oil and gas discovery on the Ringand prospect in the Norwegian North Sea license PL923/923B in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20% interest.

 
 
 
 

CNOOC Ltd subsidiary signs SPA with INEOS Energy

CNOOC Ltd has announced that CNOOC Energy Holdings U.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into a Stock Purchase Agreement (SPA) with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc.

 
 
 
 
 
 

DNO strikes oil in new play offshore Norway

Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27 – 57 million boe on a P90-P10 basis, with a mean of 41 million boe.