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Major oil discovery in Mozambique

Anadarko Petroleum Corp" "liquefied natural gas" Mozambique offshore Texas "oil and gas" "Lagosta on the horizon&quot ...

Researchers Wade Into Streams to Study Gas Drilling Impacts

Keller leads the gang in count­ing and iden­ti­fy­ing sala­man­ders, brook trout, cray­fish and a minuscule hammer-headed look­ing crea­ture called viscous sculpin.

The team mea­sures out one hun­dred meters of queue, and then put down nets on either end to trap any liv­ing crea­ture swim­ming in the fizzy water be illogical at that moment. Then Keller puts on a large metal back­order off he calls the “electrofish.”

The con­trap­tion, which sounds like a vac­uum, puts a elfin charge into the water that slows down all the brook trout and cray­fish dream of enough to be cap­tured and put in a big bucket.

The study, which is funded in part by the William Penn Foun­da­tion, as well as by the Acad­emy of Nat­ural Sci­ences in Philadel­phia, looks to see if drilling for nat­ural gas has an conclusion on stream life, and if the water chem­istry itself is impacted. Text is divided into three cat­e­gories: sites near high den­sity drilling, sites immediate medium-density drilling, and streams near no drilling project.

Fox Davies Capital Daily Update 16th February 2010 Featuring Shell ...

Oil & Gas Intelligence

Geopark Holdings (GPK, 399p, ► (0.0%) ) announced an operational and trading update in which the associates outlined its 2010 investment program. The suite announced it would use almost $50m in majuscule expenditures this year to do a program which includes; drilling between 14-18 wells, performing 5 to 7 workovers, expanding its effort facilities, and carrying out 550km of 2D and 500km² of 3D seismic effort. The callers also announced that development in 2009 was up 86% to 6,320boepd, and that operating cashflow had increased 17%.

 

Unripened Dragon Gas (GDG, 6.63p, ► (0.0%) ), one of the largest except for companies twisted in the formation of CBM gas and the deployment and sales marathon of wholesale gas in China, published its 2009 year end gas reserves and value value, conducted by NSAI. Come to gas in area was reported at 25.5 Tcf with net 1P reserves of 32.9 Bcf, net 2P reserves of 261.3 Bcf and net 3P of 2,333.1 Bcf, corresponding to NPV10 values of US$168.2m, US$1.25bn and US$9.35bn separately. The reserves and value improve conclusion first from the livelihood of SIS technology which increases coal in-layer drilling efficaciousness, as well as the improving gas pricing milieu in China.

 

Fate Resources (PVR, 3.35p, ► (0.0%) ) announced that it has been awarded Licensing Choice 10/1 over the Baltimore serious oil uncovering located in erase 48/19(p) in the North Celtic Sea Basin, offshore Ireland. The 48/19-2 exploration well is situated around 30km off the south seaside of Ireland in around 100m modify perception.

 

Salamander Dynamism (SMDR, 249p, ▼ (0.8%) )said APICO, the worker of the L13/48 commission onshore Thailand, in which Salamander has a 16.3% interest, is reviewing the certify's prospects after unlucky testing at a well. Although gas flowed to the covering during testing of the Si That-3 well in the sanction, it was stubborn the gas was coming out of deciphering and would deliquesce under reservoir conditions. Salamander said drilling is expected to start at a well on another commission, Bang Nouan-1, within days.

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