Search results for: East Pande

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  • 7 April 2011
    Business & Finance

      Ophir Energy plc (Ophir)announces that a subsidiary has entered into agreement with Ras Al Khaimah Gas Tanzania Ltd (RAKGas) to acquire a 70% interest and Operatorship of a Production Sharing Agreement (PSA) over an area designated as the East Pande Block in Tanzania. Completion of this agreement is subject to standard Government consents. The […]

  • 21 November 2014
    Exploration & Production, Project & Tenders

    Ophir Energy plc has informed that its Tende-1 well in in East Pande licence offshore Tanzania, failed to find natural gas. The well, drilled by the Deepsea Metro I drillship, was targeting gas in a lower Cretaceous sandstone reservoir with a mean prospective resource estimate of 2.38TCF at a 15% chance of success. Accordint to the operational update, […]

  • 2 October 2014

    BG Group, a UK-based oil and gas exploration and production company, has made a gas discovery at the Kamba-1 well, offshore Tanzania. According to Ophir Energy, a partner in the discovery, the Kamba-1 well in Block 4 has resulted in gas discoveries of 1.03TCF in the Kamba and Fulusi prospects. BG operates the Block 4 […]

  • 2 January 2014

    Ophir Energy announced that drilling operations have now concluded on the Mlinzi Mbali-1 well in Block 7, Tanzania. Ophir has an 80% net interest.The well was located c.210km east of Dar es Salaam and was drilled by the Deepsea Metro I drillship. Mlinzi Mbali-1 is the first well on Block 7 and targeted a structural […]

  • 24 October 2013

    After several news sources reported that Ophir Energy, an oil and gas exploration company focused on Africa, is in talks to divest its stake in offshore blocks in Tanzania, the operator has issued a statement in support of these reports. Ophir said it noted the media speculation that  it was exploring an opportunity to sell down its […]

  • 21 May 2012
    Business & Finance

    Bounty Oil & Gas NL has announced an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 and comprises onshore, […]

  • 21 May 2012
    Business & Finance, Operations & Maintenance

    Bounty Oil & Gas NL (“Bounty”) announces an update on the Nyuni Area PSA and the Kiliwani North development, following an announcement to LSX by the operator, Aminex PLC. Bounty holds a 5% participating interest in both projects. The expanded Nyuni Area PSA was issued to the joint venture in October 2011 and comprises onshore, […]

  • 2 January 2014
    Business & Finance

    Ophir Energy plc  announces that drilling operations have now concluded on the Mlinzi Mbali-1 well in Block 7 , Tanzania. Ophir has an 80% net interest.The well was located c.210km east of Dar es Salaam and was drilled by the Deepsea Metro I drillship. Mlinzi Mbali-1 is the first well on Block 7 and targeted […]

  • 3 September 2012

    Ophir Energy provided an operational update for its East African operations. Highlights: Tanzania, Blocks 1, 3 and 4: Additional seismic and petrophysical analysis has increased management estimates of in-place resource for the Upper Cretaceous Mzia discovery in Block 1 from the previously announced 2-6 TCF to 4-9 TCF. Mean in-place estimate is 6 TCF. Petrophysical […]

  • 2 January 2014
    Business & Finance, Operations & Maintenance

    Ophir Energy plc (“Ophir” or “the Company”) announces that drilling operations have now concluded on the Mlinzi Mbali-1 well in Block 7, Tanzania. Ophir has an 80% net interest. The well was located c.210km east of Dar es Salaam and was drilled by the Deepsea Metro I drillship. Mlinzi Mbali-1 is the first well on […]

  • 3 September 2012
    Business & Finance, Project & Tenders

    Ophir Energy plc provides an operational update for its East African operations. Tanzania, Blocks 1, 3 and 4: Additional seismic and petrophysical analysis has increased management estimates of in-place resource for the Upper Cretaceous Mzia discovery in Block 1 from the previously announced 2-6 TCF to 4-9 TCF. Mean in-place estimate is 6 TCF. Petrophysical […]

  • 28 February 2011
    Business & Finance

      NOR Energy AS (NOR) and its partner Antrim Energy Inc. (“Antrim Energy”) have entered into two agreements that may lead to the resumption of exploration activities on the Production Sharing Agreement for the Pemba – Zanzibar exploration licence offshore and onshore Tanzania (the “P-Z PSA”). The two agreements, with Ras Al Khaimah Gas Tanzania […]

  • 4 June 2014

    Ophir Energy plc announces the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%. The Taachui-1 well was drilled by the Deepsea Metro I drillship close to the western […]

  • 4 June 2014

    Ophir Energy said it has made a gas discovery at the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%. The Taachui-1 well was drilled by the Deepsea Metro I drillship close to the western boundary of Block 1. The well […]

  • 4 June 2014
    Business & Finance, Equipment, Research & Development

    Ophir Energy plc has announced the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%. The Taachui-1 well was drilled by the Deepsea Metro I drillship close to […]

  • 2 October 2014
    Business & Finance, Operations & Maintenance

    Ophir Energy announces a gas discovery in Kamba-1 well located in Block 4 offshore Tanzania. The Kamba-1 well has resulted in gas discoveries of 1.03TCF in the Kamba and Fulusi prospects. BG operates the Block 4 licence and Ophir holds a 20% interest. The well was drilled by the Deepsea Metro I drillship in a […]

  • 14 November 2013
    Project & Tenders

    Ophir Energy said that it has entered into an agreement to sell to Pavilion Energy a 20 percent interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of US$1,288 million. Highlights of the Transaction Consideration payable to Ophir on completion of the Transaction of US$1,250 million with further contingent consideration of US$38 million […]

  • 14 November 2013
    Business & Finance

    Ophir Energy plc has entered into an agreement to sell to Pavilion Energy a 20 per cent. interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of US$1,288 million.   Highlights of the Transaction · Consideration payable to Ophir on completion of the Transaction of US$1,250 million with further contingent consideration of US$38 […]

  • 15 May 2014

    Ophir Energy plc provides an Interim Management Statement and Operational Update for the period 1 January 2014 to 15 May 2014. Corporate Highlights – Completed the sale of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy. The Company received US$1,255million in cash including completion adjustments with a further US$38million payable […]

  • 5 March 2013

    Ophir Energy announced its preliminary results for the full year ended 31 December 2012.  2012 Financial and Corporate Events Successfully completed acquisition of Dominion Petroleum in February 2012;  added assets to Ophir’s portfolio in Tanzania (Block 7) and Kenya (Blocks L-9 and L-15) Continued focus on capital discipline; 896 MMBOE of net contingent resources discovered […]

  • 11 September 2019
    Business & Finance

    South Carolina’s Pawleys Island is moving forward with a much-needed beach renourishment project, Live 5 News reports.  During a Monday night meeting, town leaders voted in favor of the project that would bring more than 1.1 million cubic yards of sand. According to Live 5 News, the scheme will cost $14.8 million and the town […]

  • 15 November 2018

    Dutch Damen Shipyards Group has handed over four new fast crew suppliers to Allianz Middle East Ship Management.