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Year-End 2023 Reserves and Resources, Strong Growth and Value Creation CALGARY, AB / ACCESSWIRE / February 20, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf ...
August 7, 2023 While the Western World, in particular, was shocked by the July 26, 2023, coup in Niger, I was not. This is now the fifth or sixth coup, (depending how you count) in the Sahel and Western Africa, following Guinea, Mali, Burkina Faso, Sudan, and Chad. Sadly, more…
McDaniel & Associates Consultants Ltd. (“McDaniel”) has completed their first annual reserve and resource determination for Maha Energy AB (publ)...
About Block 70 and the Mafraq Field Block 70 is an onshore block that includes the shallow undeveloped Mafraq oil field. The Mafraq oil field was discovered by Petroleum Development Oman (PDO) in 1988 and was further delineated by four wells and 3D seismic in stages until 2010. Two wells were placed on pump production tests, of which one was placed on a 22-day test and produced a stable and cumulative volume of over 15,700 barrels of oil before operations were suspended. The Mafraq oil field is estimated by third parties to contain between 185 - 280 million barrels of original oil in place (O...