Oil & Gas Exploration and Production
Panoro Energy ASA:Announces first oil production at Aje.CEO says "This is a transformational milestone for Panoro and represents a great achievement by Aje project teams".
Panoro Energy ASA:Final hook up procedures are in progress with a view to wells being brought into production shortly.
QGEP Participacoes SA:Says that it reduces production estimate for Atlanta Early Production System to 20,000 bpd from 30,000 bpd, taking into account two wells that are drilled and prepared.Says that it postpones oil extraction for Q4.Says that it will no longer provide production estimates for the field until drilling of the third well is scheduled.
Crown Energy AB:Final ministerial approval of four year Manja license extension .Four year period is divided into two consecutive two year phases.Second two year phase will contemplate drilling of first exploration well.
Lundin Petroleum AB:Lundin Norway AS, operator of production licence 544, is in the process of concluding the drilling of wildcat well 16/4-10.The well is dry.Partners in the licence include Bayerngas and Wellesley Petroleum.
Lundin Petroleum AB:Lundin petroleum completes Maligan exploration well, offshore Malaysia.Says Maligan well was drilled with west prospero jack-up rig to a total depth of about 1,380 metres and encountered gas shows.
Crescent Point Energy Corp:Recall of about 118 million gallons (additional units sold in Canada) of Crescent Point Energy's propane gas - RTRS.The recalled propane does not have sufficient levels of odorant to help alert consumers of a gas leak. Failure to detect leaking gas can present fire, explosion and thermal burn hazards.
Lundin Petroleum AB:Says Bambazon well offshore East Malaysia encountered about 15 metres of net logged reservoir pay with oil shows over three main reservoir intervals.Well has been plugged and abandoned and will be expensed in Q1 2016.Lundin Malaysia holds 85 percent working interest in SB 307/308, partners are PETRONAS Carigali Sdn Bhd with a 15 percent working interest.
Egdon Resources plc:Says the commencement of drilling operations on the Keddington-5 conventional sidetrack development well in UK Onshore Licence PED005R located in Lincolnshire.The intent is to increase production and profitability from the field.Operations are expected to complete in early February.