Abu Sennan fast tracks discovery into production
The joint venture working at Abu Sennan has started production from a well only two months after the discovery, United Oil & Gas has said.
Kuwait Energy
United preps for more Abu Sennan production
The ASD-1X, in Egypt’s Abu Sennan, is a commercial discovery, United Oil & Gas reported, saying a second well had been spudded on May 2.
Kuwait Energy adds up ASH-3 at Abu Sennan
Kuwait Energy has tested the ASH-3 well in Egypt at 6,379 barrels per day of oil and 6.7 million cubic feet per day of gas.
Drilling restarting at Abu Sennan
Kuwait Energy has signed up a drilling rig for work on the Abu Sennan concession and is making progress on the ASH-2 pipeline.
United celebrates infill success at Abu Sennan
Testing of Egypt’s El Salmiyah-5 has seen the well flow at rates of around 8,700 barrels of oil equivalent per day, United Oil & Gas has reported.
United nears Abu Sennan deal
United Oil & Gas has returned to trading on London’s Alternative Investment Market (AIM) and is nearing completion of its acquisition of a stake in Egypt’s Abu Sennan licence.
Rockhopper says drilling under way on Egypt licence
UK-based Rockhopper Exploration said today that a drilling campaign on the Abu Sennan Concession in Egypt had started.
Kuwait Energy said to plan London IPO, seek $1billion valuation
Kuwait Energy Plc is planning an initial public offering in London that could value the oil and gas exploration business at as much as $1 billion, according to unnamed sources.
Kuwait Energy secures $100m facility for investment in Iraq, Egypt
Kuwait Energy said today that it had inked a forward sale agreement with Vitol that will provide it with a financing facility of up to $100million.
Kuwait Energy begins production in record time
Kuwait Energy has confirmed oil production has begun at its Faihaa-1 well in Iraq, just 11 months since making the discovery.
Dragon Oil makes second oil discovery in Iraq block
The company, which is in a consortium with Kuwait Energy, had success in its Faihaa-1 exploration well, after targeting the Yamama formation. A spokesman said the discovery was made at 4,000 metres at the site in Northern Basra.