Posts Tagged ‘karoon’

ConocoPhillips pushes ahead with Poseidon campaign

by on November 13, 2012 2:58 am GMT
Project partner Karoon Gas Australia said the Zephyros-1 exploration well in permit WA-398-P was spudded on Monday by the semi-submersible Transocean Legend.The well lies on the flank of a large tilted fault block about nine kilometres south-west of the Kronos-1 discovery and will test the extent,

Pacific Rubiales sees output lift

by on November 8, 2012 12:00 pm GMT
The company’s net income for the quarter was down 64% year on year at $69 million but still increased 17% over the nine-month period to $552 million.Quarterly revenue was up 5% from the previous year at $870.4 million while it rose about 20% for the nine months to

Karoon sees Brazil subsalt fields extending southwest

by on October 4, 2012 2:32 am GMT
Karoon sees Brazil subsalt fields extending southwestBY JEFF FICKRIO DE JANEIRO -- Karoon Gas has found a promising prospect off the coast of Brazil that, if confirmed, could mean the prolific subsalt region extends further southwest and into shallower waters than is currently thought.The Stingray prospect "could be very significant,

Karoon makes Carnarvon move

by on September 21, 2012 7:37 am GMT
The Australian explorer is to spend A$ 16.5 million ($17.27 million) after committing to Block WA-482-P in the Carnarvon basin for two years by taking 100% from US junior Liberty Patroleum.In that two-year period the company has to perform 2D and 3D seismic but can opt out before