GeoGlobal Resources Inc.announced that at 5:30 pm Israel time on September 20, 2012, the Sara-1 well was spud by GeoGlobal and its partners using the Noble Homer Ferrington semi-submersible drill rig. The Sara-1 location is 60 kilometers off the coast of Israel, in approximately 1,400 meters of water. The Sara-1 well is planned to be [...]
September 23, 2012 | Posted in
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GeoGlobal Resources Inc. announced that the Myra-1 well reached a final Total Vertical Depth Subsea (“TVDSS”) of approximately 5,200 metres. Based on logging performed during the drilling, sands were encountered in the Miocene but they appeared to be water saturated and no significant quantities of hydrocarbons were detected. GeoGlobal and its partners in the well [...]
September 7, 2012 | Posted in
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GeoGlobal Resources Inc. yesterday announced as the Operator of the Myra-1 well, that there has been a stuck pipe incident while drilling the well which could not be released. “As we could no longer continue the drilling according to the original plan, after consultation with the partners, we decided to side-track the current hole and [...]
Canada’s GeoGlobal Resources Inc. is facing disputes over its stakes in Israeli offshore gas exploration licenses. On Tuesday, Myra and Sarah license holders Modiin Energy LP and Israel Land Development Company Energy Ltd. announced that GGR had not transferred the money by the deadline for the acquisition of an additional 5% of rights in the [...]
Modiin Energy LP and Israel Land Development Company Energy Ltd. announced that they have approved the final budget timetable for the drilling of exploratory wells in the offshore Myra and Sarah licenses By Inbal Omer (Globes) Source: Globes, November 7, 2011