Discoveries and Formations – Page 23

BPZ Energy Announces Gas Discovery at Onshore Block XXIII and Discussions for Gas Sales Pilot Project

October 31, 2014

BPZ Energy (BPZ) (BPZ), an independent oil and gas exploration and production company, today provided an operations update regarding the 2014 exploration campaign at onshore Block XXIII. Onshore Block XXIII (100% BPZ; 200,000 acres) Three onshore shallow exploration wells, ranging in depth from 3,500 to 3,800 feet, have been drilled at Block XXIII during 2014. These wells targeted the Caracol,

Oklahoma: Continental Resources Discovers the Springer Shale

September 18, 2014

“We bought one shale and got another one for free.” Continental Resources (ticker: CLR), the nation’s eighth-largest E&P based on market capitalization, held its 2014 Analyst Day today in Oklahoma City, its first since 2012. The Springer Shale is Unveiled At the Analyst Day, Will Parker, Senior Exploration Geologist, said CLR published a list of six stealth plays in 2012.

Royal Dutch Shell Touts Utica Discovery Near New York

September 9, 2014

The Utica is growing. Royal Dutch Shell (ticker: RDS.B) successfully drilled two Utica wells 100 miles northeast of the nearest producer in the play, the company announced in a press release on September 3, 2014. The wells, located in Tioga County, Pennsylvania, not only extend the sweet spot of the play, but are “comparable to the best publically announced thus

ERHC Energy in Process of Completing Airborne Gravity Survey in its Kenya 11-A Block; Neighboring Operators Announce a Fifth Oil Discovery

November 26, 2013

ERHC Energy Inc. (ticker: ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over the last two years, ERHC has acquired exploration blocks in Chad and Kenya to complement its existing offshore blocks in the Joint Development Zone offshore São Tome and Principé. On November 22, 2013, Tullow Oil (ticker: TLW) announced the Agete-1

Afren plc Exceeds Pre-Drill Estimates by 283% in Wild Cat Discovery in Offshore Nigeria

November 19, 2013

Afren plc (ticker: AFR) is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange. Afren is currently producing from its assets offshore Nigeria and Côte d’Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Côte d’Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria -São

ERHC Energy Exploring in the Right Neighborhood; Adjacent to Recent Ekales-1 Well Discovery

October 7, 2013

ERHC Energy Inc. (ticker: ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over the last two years, ERHC has acquired exploration blocks in Chad and Kenya to complement its existing offshore blocks in the Joint Development Zone offshore São Tome and Principé. In a recent update, ERHC reported preparations were still underway for

Afren Makes Discovery Offshore Nigeria – Prospective Resources Exceed Expectations

June 27, 2013

Afren Plc (ticker: AFR) and Lekoil (ticker: LEK) jointly announced a major discovery of significant light oil accumulation at the Ogo-1 well located on the OPL 310 license offshore Nigeria. Today’s discovery confirms the extension of the same Cretaceous sandstones that have shown-way for other significant discoveries along the West African Transform Margin. Well Details The Ogo-1 well was drilled

Harvest Natural Resources Announces Utah Oil Discovery and Provides Update on Venezuela

March 31, 2010

Harvest Natural Resources (ticker: HNR) announced on March 16, 2010 that it had made an oil discovery in its Antelope land position in Utah’s Uintah Basin. Harvest drilled the Bar F exploration well on the northern portion of its Antelope prospect, which is located between two established oil fields, the Monument Butte field to the south and the Altamont Bluebell

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