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Gazprom Neft Orenburg Acquires New Acreage

SOURCE: Gazprom Neft | 25 November 2014

Gazprom Neft Orenburg has been announced as the winner in a recent auction for geological prospecting and E&P rights to the Yagodny licence area in the Orenburg Oblast. Covering 500 square kilometres in total, the licence area includes the Zemlyanskoye field, originally discovered in 1978.

Petrobras Completes Drilling Of First Appraisal Well In The Libra Consortium Area

SOURCE: Petrobras News Agency | 24 November 2014

On November 6, Petrobras completed the drilling of the first appraisal well in the Libra Consortium area, the 3-BRSA-1255 (3-RJS-731), known as NW1. Located in the Northwest portion of the Libra block, in the pre-salt layer of the Santos Basin, the well is approximately 4 km southeast of the discovery well, the 2-ANP-2A-RJS.

CNOOC Limited - A Mid-Sized Discovery Lufeng14-4 Made In Eastern South China Sea

SOURCE: CNOOC | 19 November 2014

CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-sized new discovery Lufeng14-4 in the Eastern South China Sea.

Gazprom Neft Completes Drilling And Well Testing At Dolginskoye Field

SOURCE: Gazprom Neft | 17 November 2014

Dolginskoye field operator Gazpromneft-Sakhalin (a subsidiary of Gazprom Neft) completed testing of a well drilled at the Dolginskoye field, Pechora Sea, in summer 2014. The completion of geophysical and hydrodynamic testing will allow clarification of the underlying structure of the field and the development of a programme for its further investigation.

Barents Sea Exploration Campaign Completed

SOURCE: Statoil | 07 November 2014

Statoil has completed the extensive 2013-2014 exploration programme in the Barents Sea. This represents an all-time high exploration activity and 10% of all exploration wells drilled in the Barents Sea since its opening in 1980.

Rosneft Finished Seismic Data Acquisition In West-Siberian Sea Ahead Of License Liabilities Schedule

SOURCE: Rosneft | 07 November 2014

Rosneft finished a complex of seismic data acquisition on the East-Siberian-1 block in the offshore area of the East-Siberian Sea. The Company carried out seismic data survey independently, the amount of 2D works totaled 2 thousand km.

First Libra Well Confirms Oil Discovery

SOURCE: Petrobras News Agency | 27 October 2014

The Libra consortium announces that the drilling of the first extension well in the Libra area, known as 3-BRSA-1255-RJS (3-RJS-731), has proven the discovery of high-quality oil in the northwest portion of the structure.

Eni: Significant Gas Finding Offshore Indonesia

SOURCE: Eni | 27 October 2014

Eni has made an important gas finding in the Merakes exploration prospect, in the East Sepinggan Block, where Eni is operator with a 100% stake. The Block is located in the offshore East Kalimantan (Borneo), 170 kilometres south of the Bontang LNG Plant and 35 kilometres from the offshore Jangkrik field, also operated by Eni.

New Discovery In Espírito Santo Basin Deep Waters

SOURCE: Petrobras News Agency | 24 October 2014

Petrobras announces the discovery of a hydrocarbon accumulation in deep waters of the Espírito Santo Basin post-salt by drilling well 4-BRSA-1265-ESS (ANP nomenclature) /4-GLF-42-ESS (Petrobras nomenclature), known as Lontra, at a water depth of 1,319 meters.

CNOOC Limited Announces New Discovery Jinzhou 23-2 In Bohai

SOURCE: CNOOC | 24 October 2014

CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced that the Company made a mid-to-large new discovery Jinzhou 23-2 in Bohai. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters.