Post Tagged with: "Gabon"

Pan Petroleum Approves Development in Offshore Gabon

Pan Petroleum Approves Development in Offshore Gabon

Pan Petroleum Gabon B.V., a subsidiary of Panoro Energy (ticker: PEN), approved a development program for the development of the Dussafu oilfields in offshore Gabon. Panoro expects that the first phase of development will cost approximately $150 million.

The development …

VAALCO Energy Announces Successful Workover of Avouma 2-H Well, Producing 2,700 BOPD Gross

VAALCO Energy Announces Successful Workover of Avouma 2-H Well, Producing 2,700 BOPD Gross

Company Net Production is Averaging 4,600 BOEPD

VAALCO Energy, Inc. (ticker: EGY) announced today that the Avouma 2-H well on the Avouma Platform offshore Gabon is back on production after utilizing a hydraulic workover unit to replace a failed Electric …

OPEC to Regain a Former Member

OPEC to Regain a Former Member

Gabon Minister of Petroleum and Hydrocarbons Etienne Dieudonné Ngoubou visited Vienna a day before his country officially rejoins the Organization of the Petroleum Exporting Countries (OPEC) on 1 July, 2016.

Ngoubou met with the Acting OPEC Secretary General Abdalla Salem …

June 30, 2016 - 3:03 pm Closing Bell Story‎, Oil and Gas 360 Articles, OPEC
Offshore Rigs Moving out of the Gulf of Mexico

Offshore Rigs Moving out of the Gulf of Mexico

U.S. GOM share of global offshore rigs is falling

The number of active offshore rigs in the Gulf of Mexico (GOM) has been steadily declining since 2000, according to a release from the Energy Information Administration (EIA). Over the past …

Harvest Natural Resources Reports Fourth Quarter and 2013 Earnings Results

Harvest Natural Resources Reports Fourth Quarter and 2013 Earnings Results

Harvest Natural Resources, Inc., (ticker: HNR) headquartered in Houston, Texas, is an independent energy company with primary assets in Venezuela and exploration assets in Indonesia, West Africa and China.

Harvest announced its net oil sales for Q4’13 were 3,964 BOE, …

Harvest Natural Resources Announces Gabon Asset Sale Negotiations

Harvest Natural Resources Announces Gabon Asset Sale Negotiations

Harvest Natural Resources, Inc., (ticker: HNR) headquartered in Houston, Texas, is an independent energy company with primary assets in Venezuela, exploration assets in Indonesia, West Africa, China and business development offices in Singapore and the United Kingdom.

On September 30, …

October 1, 2013 - 12:46 pm International, Offshore, Oil and Gas 360 Articles
Harvest Natural Resources Reports Oman Operations Right on Schedule

Harvest Natural Resources Reports Oman Operations Right on Schedule

Harvest Natural Resources (ticker: HNR) reported it had commenced drilling the Mafraq South-A (MFS-A) exploration well onshore Oman, the first of a two-well exploratory program. HNR also announced that the mean prospective resources for the targeted south segment total 1.25 …

November 2, 2011 - 5:35 pm Offshore, Oil and Gas 360 Articles

Deeper Well Test in Gabon Yield Positive Results for Harvest

On July 21, 2011 Harvest Natural Resources (ticker: HNR) provided an update on the progress of its exploration program offshore Gabon.

With efforts to test deeper zones at its Ruche discovery announced in June 2011 offshore Gabon, Harvest announced that …

July 22, 2011 - 5:39 pm Offshore, Oil and Gas 360 Articles

Harvest Reports Q4'10 Results; Operations Execution Provides Positive Reserve Growth on All Fronts

On March 16, 2011, Harvest Natural Resources (ticker: HNR) announced Q4’10 and year-end 2010 financial results.

HNR reported a Q4’10 net loss of $4.0 million, or $0.12 per share, compared to a net income of $5.1 million, or $0.15 per …

March 17, 2011 - 5:58 pm Oil and Gas 360 Articles

Harvest Reports 17% Increase in Proved Reserves, U.S. 3P Reserves Rise to 86.4 MMBOE from 0.4 MMBOE Last Year and Provides Operations Update

On March 2, 2011, Harvest Natural Resources (ticker: HNR) announced an increase in reserves for both its U.S. and Venezuela operations and provided an operations update.

HNR’s total proved reserves for 2010 increased 17% to 54.6 million barrels of oil …

March 3, 2011 - 6:00 pm Oil and Gas 360 Articles