Image - Eni: Discovery of Gas and Condensates in Offshore Gabon

Eni: Discovery of Gas and Condensates in Offshore Gabon

Eni has made an important gas and condensates discovery in the Nyonie Deep exploration prospect located in block D4, approximately 13 kilometers from the coast of Gabon and 50 kilometers from the capital city Libreville. Preliminary estimates suggest the new gas discovery is significant, with initial potential in place estimated at 500 million boe. The discovery was made in the pre-salt of Gabon through the NFW Nyonie Deep 1 well, which wa...

Oil and Gas - Exploration - Jul 31, 2014


Image - Zargon Discusses Alberta Energys Enhanced Oil Recovery Royalty Changes

Zargon Discusses Alberta Energy's Enhanced Oil Recovery Royalty Changes

Zargon Oil & Gas reports that the revisions to the Enhanced Oil Recovery ("EOR") royalty program announced last week by Alberta Energy will have a positive impact on the economics of Zargon's Alkaline Surfactant Polymer ("ASP") enhanced oil recovery project at Little Bow in Southern Alberta. Zargon is currently reviewing the details of Alberta's modified EOR Crown royalty program, which effectively bring the...

Oil and Gas - Exploration, General News, Pipelines - Jul 28, 2014


Image - New Onshore Licensing Round Opens

New Onshore Licensing Round Opens

Ministers today opened the bidding process for companies seeking licences to explore for onshore oil and gas, to help discover how the gas under our feet can help power our homes. Business and Energy Minister Matthew Hancock published details of how companies can apply for licences which will enable them to start initial exploration for shale gas. The licences provide the first step to starting drilling – but do not give absolute...

Oil and Gas - Exploration, General News - Jul 28, 2014