Turkey: UKOG announces commencement of Basur-3 drilling site construction
01 Apr 2021 Basur-3 appraisal well s drilling pad and access road has now commenced. Construction works, located within the Company s 50% owned 305 sq km
Resan licence, are scheduled to last approx. 60 days.
The Basur-3 location lies approx. 1.2 km north and geologically updip from the
1964 Basur-1 oil discovery well, which as detailed in the Company s 14 October 2020 and 15 January 2021 releases, produced
500 barrels ( bbl ) of oil from a short 6-hour swab test, equivalent to an extrapolated daily rate of
2,000 bbl of oil per day.
Basur-3, the first modern appraisal well designed to confirm the extent and commerciality of the discovered
Canada: Cenovus completes amalgamation with Husky Energy
01 Apr 2021
Husky Energy has been amalgamated with Cenovus under the provisions of the
Canada Business Corporations Act. The company will continue to operate as Cenovus Energy Inc.
As a result of the amalgamation, Husky will no longer be required to file reports with the securities regulatory authorities in Canada or the United States.
Victoria Oil and Gas announces corporate and operational update
01 Apr 2021
Victoria Oil & Gas, the Cameroon based gas and condensate producer and distributor, has provided a general corporate and operational update on key matters.
Highlights
The Company experienced a small number of positive Covid-19 cases in the Douala office over the last few weeks; the office was immediately sanitised and remains open only to those employees with a negative Covid-19 test. The staff affected were asymptomatic and have thankfully started to recover quickly and operations have not been affected. The Yamalo-Nenets Autonomous Okrug region of Siberia in which our West Med asset is located remains locked down for now due to COVID-19.
Spain: Nordex Group receives order for 50 MW in Spain
01 Apr 2021
eleven N155/4.X turbines. The turbines are projected for a
50 MW wind farm in the north of the country. The order also includes a Premium Service for the turbines for a long period.
Installation of the wind farm is to be completed in the course of this year. The Nordex Group will be installing the turbines on 120 meter high concrete towers, which the company is manufacturing in its concrete-tower factory in Motilla del Palancar in Castilla-La Mancha. The turbines will be manufactured in the Nordex Group’s plant in Vall D’Uxo, located 320 kms away.
Australia: Condor could be the Perth Basin’s largest untested wet gas structure
17 Mar 2021
Condor could be the Perth Basin’s largest untested wet gas structure
With just over 20 MMbbl (P50) condensate, Condor represents additional significant liquids upside at current prices in excess of US$60/bbl
Further upside if Walyering Prospect (TPD 45%, STX 55%) is successfully drilled this year
Talon Petroleum has advised that it has estimated initial, recoverable Prospective Resources over the high relief
Condor Structure contained within
Talon and
Macallum Group executed a non-binding terms sheet providing for the acquisition by Talon of a 100% interest and Operatorship in the area covering the