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Panoro Energy has announced that the DHIBM-2 Hibiscus Extension well did not encounter hydrocarbons in the target Gamba reservoir 05 May 2021 DHIBM-2 Hibiscus Extension well did not encounter hydrocarbons in the target Gamba reservoir. The Borr Norve jackup rig, currently drilling the DHIBM-2 well, has drilled through the main targeted Gamba sandstone in a structurally high position but logging results indicate that the Gamba is water wet and no hydrocarbon shows were encountered to date. The well will be drilled and logged to a Total Depth of 3,500 metres as planned. The rig will then move t...

United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, provided an update on the testing of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 development well. United holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt ("KEE"). The ASD-1X exploration well, located 12km to the north-east of the producing Al Jahraa Field, safely reached Total Depth (TD) of 3,750m MD on 30 March, several days ahead of schedule and under-budget. Prelim...

Egypt: United Oil and Gas announces ASD-1X well test update and submission of notice of commercial discovery 04 May 2021 ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 development well. United holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt ('KEE'). Highlights Notice of a commercial discovery and an application for a development lease covering the ASD-1X discovery have been submitted to EGPC by the operator, KEE The ASD-1X well tested both the Lower Bahariya and Abu Roash C ('ARC') reservoirs Preli...

  United Oil & Gas PLC (AIM: "UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, is pleased to provide the following update on the testing of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 development well. United holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt ("KEE").   Highlights ·  Notice of a commercial discovery and an application for a development lease covering the ASD-1X discovery have been submitted to EGPC by th...

US: 88 Energy provides quarterly activities report 20 Apr 2021 Highlights Project Peregrine Rig commissioning and mobilisation of snow road construction equipment to the Merlin-1 drill site commenced in early January 2021; The Permit to Drill for the Merlin-1 exploration well was approved by the Bureau of Land Management and the Deputy Assistant Secretary for Land and Minerals Management on 29 January 2021; The Merlin-1 exploration well spudded on 10 March 2021 and drilled to a Total Depth of 5,267’; Interpretation of logging while drilling data (“LWD”) indicated multiple potentially hy...