Exploration

The South East Etame 4P appraisal wellbore in the Etame Marin permit area has successfully encountered oilsands in the Gamba formation.

The move follows on from the company’s recently announced exits from seabed and marine data acquisition.

The company has commenced another survey in northern Senegal, following the completion of another in the south of the country.

Octavio Romero, CEO of Pemex, has said he expects all the related contracting for this year’s projects to be finalised by the middle of this year.

Fredrik Amundsen has been appointed Chief Financial Officer (CFO) of the company.

The discovery in the Sureste Basin may contain between 200 and 300 million bbl of oil in place.

The reprocessing project marks the next phase of imaging over the mature, hydrocarbon producing areas of Main Pass and Viosca Knoll.

Neptune Energy has signed an operated exploration licence with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal offshore concession.

TGS has reported net segment revenues of US$232 million for 4Q19, a growth of 23% compared to US$188 million in 4Q18.

The Geoquip Marine survey vessel MV Investigator completed its survey at the NJOM-3 well site on the Thali block offshore Cameroon on 7 February 2020.

The government of South Africa has approved Africa Oil Corp's acquisition of a 20% participating interest in the Block 3B/4B Exploration Right from Azinam Ltd. by its wholly-owned subsidiary, Africa Oil SA Corp.

The results of the surveys in the Ceiba and Okume fields are due to become available in 4Q20.

The surveys will obtain critical seabed and sub-seabed information to facilitate the planning and emplacement of the Pecan subsea infrastructure and the FPSO ship.

The company has started acquisition of the Plains 3D seismic survey in the Northern Shelf area of the Midland Basin in Texas, US, and Ravenclaw 3D in the Edson area of Alberta, Canada.

The two companies are to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin.