Exxon Mobil Corporation announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80 percent interest in Liberia Block 13 (LB-13), comprising more than 625,000 acres (2,500 square kilometers) offshore Liberia in water depths ranging from 250 to 10,000 feet (75 to 3,000 meters). ExxonMobil Exploration and Production Liberia Limited and [...]
Cochin Shipyard Limited (CSL) delivered a high specification Platform Supply Vessel, Sea Tantalus, Hull No. BY-089, to M/s PSV Holding Inc., Liberia. This is the first of a series of four vessels being built for the same client. These vessels are of PSV 05L CD type, designed by Vard Group AS, Norway, and are classed [...]
March 27, 2013 | Posted in
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Canadian Overseas Petroleum Limited, and its wholly owned subsidiary, Canadian Overseas Petroleum Bermuda Limited, announce that a Restated and Amended Production Sharing Contract (“PSC”) for Block LB-13 offshore Liberia has been agreed with ExxonMobil Exploration and Production Liberia Limited (”ExxonMobil”) and the National Oil Company of Liberia (“NOCAL”). The President of Liberia, Ellen Johnson Sirleaf, [...]
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African Petroleum Corporation Limited announces a discovery at the Bee Eater-1 well, offshore Liberia. The well was designed to test the Turonian fan by way of a large step out of 9-5 km west of the original Narina-1 oil discovery and has encountered 48 metres of Narina equivalent oil bearing Turonian sandstone out of a [...]
TGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia. “This survey provides excellent data coverage for the source prone, syn-rift and early post-rift sequences, in this highly prospective area offshore Liberia. TGS has been active in acquiring data [...]
African Petroleum Corporation Limited started drilling the Bee Eater-1 well in Block LB-09 offshore Liberia on the 4th January 2013 with Ocean Rig’s semi-submersible rig, the Eirik Raude. The Bee Eater-1 well is located 9.5 km north west of the 2012 Narina discovery which discovered high quality oil in Turonian reservoirs. The Bee Eater – [...]
Eni has signed a sale and purchase agreement with Chevron for a 25% interest in the LB11, LB12 and LB14 blocks offshore Liberia. Blocks LB11, LB12 and LB14 are operated by Chevron, extend over 9,560 square kilometres and are located on the shelf and continental slope of Liberia between 0 and 3,000 metres of water [...]
Canadian Overseas Petroleum Limited (COPL) announces that the National Oil Company of Liberia (“NOCAL”) has written to advise of its acceptance, in-principle, of the previously announced proposed joint venture arrangement in the Production Sharing Contract (“PSC”) governing Block LB-13 offshore Liberia. As previously announced, it is proposed that immediately following completion of the assignment of [...]
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African Petroleum’s second well in Liberia, Narina-1, offshore Block LB-09 (100% WI), has made a significant oil discovery, encountering a total of 32 m of net oil pay in two zones (Turonian – 21 m and Albian -11m). Good quality oil was found in each zone and hydrocarbon shows were encountered over a 170 m [...]
Canadian Overseas Petroleum Limited has signed an Asset Acquisition Agreement with ExxonMobil Exploration and Production Liberia Limited, with respect to the onward sale of certain of the interests in Block LB-13 offshore Liberia which, as previously announced on May 18, 2011, COPL B has agreed to acquire from the current owner. Under the terms of [...]
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