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Exploration & Production

Petroceltic has announced that the Oryx-1 exploration well, on the Ksar Hadada Permit in Tunisia, has reached its total depth at 1140 m. Although oil shows were encountered in both the upper and lower Ordovician reservoir units, log analysis indicates that no significant oil saturation is present in these reservoirs at this location.

 

Oil and gas exploration, development and production company, Circle Oil, has announced the appointment of Professor Chris Green as its CEO. Professor Green initially joined Circle as a non-executive director in September 2005.p>Oil and gas exploration, development and production company, Circle Oil, has announced the appointment of Professor Chris Green as its CEO. Professor Green initially joined Circle as a non-executive director in September 2005.

 

 

 











King Abdullah bin Abdulaziz of Saudi Arabia, custodian of the two holy mosques, has ordered a halt to oil exploration operations to save hydrocarbon wealth for future generations, the official Saudi Press Agency (SPA) reported recently.

Exploration and development company, Gulfsands Petroleum plc, has provided an update on the its operations at Block 26, Syria where the company holds a 50 per cent interest and acts as operator.xploration and development company, Gulfsands Petroleum plc, has provided an update on the its operations at Block 26, Syria where the company holds a 50 per cent interest and acts as operator.

OMV HAS ANNOUNCED the discovery and successful testing of gas and condensate in its Fella-1 exploration well in the recently granted Nawara Production Concession. This is the fifth successive discovery in this area, which is within the Jenein Sud exploration block in southern Tunisia, in the last four years and underpins the significant potential of the block.MV HAS ANNOUNCED the discovery and successful testing of gas and condensate in its Fella-1 exploration well in the recently granted Nawara Production Concession. This is the fifth successive discovery in this area, which is within the Jenein Sud exploration block in southern Tunisia, in the last four years and underpins the significant potential of the block.

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