MEO Australia has reached an agreement to assign its 50% interest in the WA-454-P exploration to Origin Energy.
Sound Energy has signed a binding agreement with Oil & Gas Investment Fund (OGIF) to allow the company to acquire a 55% interest in the Meridja permit, onshore Morocco.
The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to Total E&P Norge for the drilling of a wildcat well. The company plan for the well to be drilled using the Maersk Gallant drilling facility in production licence 618.
The Bureau of Land Management (BLM) has approved a drilling permit for Conoco Phillips in Alaska. The decision was awarded on the proposed Greater Mooses Tooth Unit oil and gas development project. It will open the way for the first production oil and gas from federal land in the National Petroleum Reserve in Alaska.
Pilot Energy said it has confirmed the potential for millions of barrels of oil from its WA-507-P permit after an independent audit. The company previously announced the potential for multi-Tcf gas discoveries within the North Carnarvon basin off the coast of Australia.
MEO Australia has reached a commercial settlement to allow a 30% joint venture participant withdraw from its farm-in to the WA-488-P exploration permit. The company said the deal had been reached with Rex Bonparte after it was recently informed of changes to its management strategy. Rex plans to focus on its key discovery assets in Norway and Oman instead.
Global Petroleum has chosen to withdraw from Juan De Nova Permit in the Mozambique Channel. The decision was taken as a result of slow progress in approval of an application for an extension two years ago. The company said there had been “no visibility” as to when a formal decision would be taken.
Lundin Norway has been granted a drilling permit by the NPD (Norwegian Petroleum Directorate) for a fifth exploration well in production licence 609. The company said well 7220/6-2 will be drilled from the Island Innovator facility.