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2014-03-19 20:09:00

GONDWANA OIL SELECTED

GONDWANA OIL SELECTED

OV. Gondwana Oil Corp. (CSE: GO) is very pleased to announce that after review of its application on the Offshore Cape Three Points South Block, Ghana's Ministry of Energy and Petroleum has invited Gondwana's 70% owned Ghanaian subsidiary, Miura Petroleum Limited, to negotiate exclusively on the Block.

The Block is surrounded by 20 discoveries, including the world-class 2 billion barrel Jubilee light-oil field, currently producing in excess of 110,000 barrels of oil per day.

Since 2010, exploration and development drilling offshore Ghana has achieved an unprecedented 72% exploration success rate, and 63% commercial success rate.

Gondwana has been working diligently towards this goal and believes that the Offshore Cape Three Points South Block, in the Tano Basin only 30kms from Jubilee, is one of the most important and prospective blocks in the prolific West African Transform Margin, which has been home to great exploration success and attracted multiple energy majors.

The company and its strong and experienced technical team, as well as its local partners, look forward to rapidly commencing exclusive negotiations in Ghana.

Tags: GONDWANA, GHANA, OIL
GONDWANA OIL SELECTED October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

GONDWANA OIL SELECTED October, 15, 12:25:00

BAD BOYS: IMF & WBG

GONDWANA OIL SELECTED October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

GONDWANA OIL SELECTED October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

GONDWANA OIL SELECTED October, 15, 12:10:00

IRAN SANCTIONS DOWN

GONDWANA OIL SELECTED October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

GONDWANA OIL SELECTED
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

GONDWANA OIL SELECTED
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

GONDWANA OIL SELECTED
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

GONDWANA OIL SELECTED
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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