US: Pantheon Resources acquires new acreage in Alaska s North Slope Areawide Lease Sale
14 Jan 2021
Pantheon Resources, the AIM-quoted oil and gas exploration company with working interests of 89.2% - 100% in certain projects located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, has provided the following update:
Acquisition of New Acreage
Pantheon has announced the successful acquisition of a 100% interest in approx. 66,000 acres in the
State of Alaska s North Slope Areawide Lease Sale. The new leases are strategically positioned in two areas contiguous to our current acreage on our northwestern, western, and eastern boundaries. Pantheon s acreage now totals approx. 160,000 contiguous acres.
Peru: Searcher announces Onshore Peru Multi-Client Campaign
14 Jan 2021
Searcher, a leading service provider of global geoscience products for exploration and production companies, has announced a new
Onshore Peru Campaign, in collaboration with
PeruPetro 2D & 3D Seismic Rectification and a Well Atlasincluding post-drill analysis will provide a renewed and enhanced dataset to support future bid rounds, regional evaluations and due diligence of existing commercial opportunities.
The Onshore Peru 2D & 3D Rectification consists of both 2D and 3D vintage seismic data which has been rectified with Searcher’s proprietary post-stack reprocessing method. The post-stack reprocessing rectifies navigation, metadata, amplitude, phase and time to create a contiguous database that can be easily loaded into any interpretation software. The dataset is comprised of approximately 104,500 km of 2D and over 7,000 sq. km of 3D rectified seismic surveys.
Top institutional investor LIC buys stake in Nippon Life AMC
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Synopsis
Shareholder data as of December show Life Insurance Corporation (LIC) holds 90,62,231 shares, or a 1.48 per cent stake, in the company.
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It could not be ascertained if LIC held any shares in the firm earlier.
NEW DELHI: Life Insurance Corporation (LIC), India’s largest domestic institutional investor, emerged a major minority shareholder in Nippon Life India Asset Management, the company that runs Nippon India Mutual Fund.
Life Insurance Corporation of India holds 90,62,231 shares or 1.48 per cent in the company, according to shareholder data as of December. The stake is valued at Rs 283 crore at the current market price.
Argentina: Equinor and YPF partner with Shell in the CAN 100 block offshore Argentina
14 Jan 2021
Shell to jointly farm-down
30% non-operated interests in the CAN 100 block, located in the North Argentinian Basin, offshore Argentina.
In October 2019, Equinor farmed in to the YPF CAN 100 block and agreed to take over the operatorship. Equinor and YPF currently both hold 50% equity in the license, and will after the transaction hold 35% each, with Shell holding the remaining 30% in the block.
The CAN 100 block comprises an area of 15,000 km2 and is the largest block in the North Argentinian Basin.
The agreement is pending governmental approval.