Tuesday, July 15, 2008

OMV finds new gas reserves in Tunisia

Leading central European oil and gas group OMV has discovered new gas reserves in its Ahlem-1 exploration well in Southern Tunisia.

This is the third successful discovery in the permit within the last two years, according to a company official. “The cumulative flow rate of all layers tested by the Ahlem-1 well amounts to 3,500 bbl/d of condensate and 120 cf/d (20,000 boe/d) of gas. Drilling of the next exploration well in the block is expected to commence in July,” said Helmut Langanger, OMV executive board member responsible for exploration and production.

“Acquisition of 600 square kilometer of additional 3D seismic is also planned to start this month. OMV and the Tunisian national oil company ETAP, each hold a 50% interest in the Jenein Sud exploration permit, which covers an area of 1,992 sq km, 700 km south of the Tunisian capital Tunis,” he added. (TradeArabia News Service)


Via [BBJ]

Monday, July 07, 2008

DUBLIN, Ireland - (Business Wire) Research and Markets (http://www.researchandmarkets.com/research/a12359/tunisia_oil_and_ga) has announced the addition of the "Tunisia Oil And Gas Exploration And Production Industry Investment Opportunities, Analysis and Forecasts to 2012" report to their offering.

Summary:

This profile is the essential source for top-level industry data and information relating to the Exploration & Production industry in Tunisia. It provides asset level information relating to the active and planned oil and gas fields and exploration blocks in Tunisia. The profiles of the major companies operating in the upstream industry of Tunisia are also included in the report. The latest news and deals pertaining to the sector are also provided and analyzed.

Scope:

- Updated information relating to all active and planned exploration blocks.

- Provides historical and forecast data and information for all the major operating and planned crude oil and natural gas fields.

- Details operators and equity partners of oil and gas fields and exploration blocks.

- Includes information relating to license round details, start and end dates, acreage, location, and reserves.

- Information on the top companies in the sector including business description, strategic analysis, and financial information.

- Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.

- Key mergers and acquisitions, partnerships, private equity investments and IPOs.

Reasons to buy:

- Obtain the most up to date information available on exploration licenses and oil and gas fields.

- Identify growth markets and opportunities in the industry.

- Facilitate market analysis and forecasting of future industry trends.

- Facilitate decision making on the basis of strong historic and forecast data.

- Assess your competitor’s exploration and production asset portfolio.

- Understand and respond to your competitors business structure, strategy and prospects.

- Develop strategies based on the latest operational, financial, and regulatory events.

- Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.

- Identify and analyze the strengths and weaknesses of the leading companies in each the country.

Key Topics Covered:

-Introduction

-Tunisia, Country Snapshot

-Tunisia, Crude Oil And Natural Gas Production

-Tunisia, Crude Oil And Natural Gas Forecasts

-Tunisia, Exploration Block Details

-BG Group plc

-Eni S.p.A.

-OMV Aktiengesellschaft

-Tunisia Exploration and Production Industry, Financial Deals Landscape (July, 2007 - June, 2008)

-Tunisia Exploration and Production Industry, Recent Developments (July, 2007 - June, 2008)

-Appendix

Companies Mentioned:

-BG Group plc

-Eni S.p.A.

-OMV Aktiengesellschaft

For more information visit http://www.researchandmarkets.com/research/a12359/tunisia_oil_and_ga

Source: Global Markets Direct


Via [Earth Times]