Petroleum Engineering News

Horn Petroleum suspends drilling at Somalia well
(Reuters) - Horn Petroleum Corp has suspended drilling at its Shabeel well in Somalia's Puntland and said it will move the drilling rig away from the area before reaching the planned depth of 3800 meters. The well in the Dharoor valley hit a metamorphic basement at a depth of 3,430 meters, Horn Petroleum said in a statement on Thursday. Basement is the rock layer below which economic oil or ...
Horn Petroleum Provides Update on Puntland Drilling
VANCOUVER, BRITISH COLUMBIA-- - Horn Petroleum Corporation is pleased to provide an update on the drilling program in Puntland, Somalia. The Shabeel well has reached a total depth of 3,470 meters and has encountered metamorphic basement at a depth of 3,430 meters and is currently being suspended for ...
Bharat Petroleum Beats Asia Refiners on Africa: Corporate India
Bharat Petroleum Corp. (BPCL) is the best- performing energy stock on the MSCI AC Asia Pacific Index this year and analysts say its foray into exploration in Africa to counter refining losses may mean there’s more growth to come.
2012 Economic Outlook - Report Highlights Berry Petroleum Company and Ferrellgas Partners, L.P.
HONG KONG-- - Today, www.BrightonMarkets.com announced new reports highlighting Berry Petroleum Company and Ferrellgas Partners, L.P. . Gain market insight with full analysis and research downloads available ...
Horn Petroleum finds oil in Somalia well
(Reuters) - Horn Petroleum Corp confirmed the presence of oil at its Shabeel well in the Dharoor Valley basin of Somalia's Puntland. "We are highly encouraged with these early results which indicate oil bearing sands in possibly two zones," CEO David Grellman said in a statement. Horn Petroleum operates the Shabeel well. It holds a 60 percent working interest in the Dharoor and Nugaal blocks in ...
2012 Economic Outlook - Report Highlights Laredo Petroleum Holdings Inc and AmeriGas Partners, L.P.
HONG KONG-- - Today, www.BrightonMarkets.com announced new reports highlighting Laredo Petroleum Holdings Inc and AmeriGas Partners, L.P. . Gain market insight with full analysis and research downloads ...
Sky Petroleum Raises an Additional $500,000
Sky Petroleum, Inc. , an oil and gas company with activities in Albania and the United Arab Emirates, announced today that it is issuing 2,000,000 Class A Units (the “
Aegean Marine Petroleum Network Inc. Announces First Quarter 2012 Financial Results
PIRAEUS, Greece, May 16, 2012 /PRNewswire/ -- Aegean Marine Petroleum Network Inc. (ANW) ("Aegean" or the "Company") today announced financial and operating results for the first ...
Cadogan Petroleum - Interim Management Statement
 Cadogan Petroleum plc ("Cadogan" or "the Group") Interim Management Statement for the period from 1 January to 18 May 2012 Introduction Cadogan published its financial report for ...
Tethys Petroleum Limited: Kazakhstan Oil Resource Upgrade
ALMATY, KAZAKHSTAN-- - Tethys Petroleum is pleased to announce it has received an updated oil Resource Report for its Kazakhstan assets that estimates gross unrisked recoverable mean prospective oil resources of 1.17 billion barrels of oil. The resource report also shows a substantial amount of prospective ...