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360 Articles

Afren plc Exceeds Pre-Drill Estimates by 283% in Wild Cat Discovery in Offshore Nigeria

Afren plc Exceeds Pre-Drill Estimates by 283% in Wild Cat Discovery in Offshore Nigeria

Afren plc (ticker: AFR) is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange. Afren is currently producing from its assets offshore Nigeria and Côte d’Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Côte d’Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria -São[Read More…]

November 19, 2013 - 3:56 pm 360 Articles, Discoveries, Offshore
ERHC Energy Exploring in the Right Neighborhood; Adjacent to Recent Ekales-1 Well Discovery

ERHC Energy Exploring in the Right Neighborhood; Adjacent to Recent Ekales-1 Well Discovery

ERHC Energy Inc. (ticker: ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over the last two years, ERHC has acquired exploration blocks in Chad and Kenya to complement its existing offshore blocks in the Joint Development Zone offshore São Tome and Principé. In a recent update, ERHC reported preparations were still underway for[Read More…]

October 7, 2013 - 6:04 pm 360 Articles, Discoveries, Mergers & Acquisitions
Afren Makes Discovery Offshore Nigeria – Prospective Resources Exceed Expectations

Afren Makes Discovery Offshore Nigeria – Prospective Resources Exceed Expectations

Afren Plc (ticker: AFR) and Lekoil (ticker: LEK) jointly announced a major discovery of significant light oil accumulation at the Ogo-1 well located on the OPL 310 license offshore Nigeria. Today’s discovery confirms the extension of the same Cretaceous sandstones that have shown-way for other significant discoveries along the West African Transform Margin. Well Details The Ogo-1 well was drilled[Read More…]

June 27, 2013 - 4:46 pm 360 Articles, Discoveries, Offshore

Harvest Natural Resources Announces Utah Oil Discovery and Provides Update on Venezuela

Harvest Natural Resources (ticker: HNR) announced on March 16, 2010 that it had made an oil discovery in its Antelope land position in Utah’s Uintah Basin. Harvest drilled the Bar F exploration well on the northern portion of its Antelope prospect, which is located between two established oil fields, the Monument Butte field to the south and the Altamont Bluebell[Read More…]

March 31, 2010 - 6:14 pm 360 Articles, Discoveries