More Deals - Farm-Out News

Madalena Farms-Out Vaca Muerta Project To Pan American Energy LLC
Madalena Farms-out Vaca Muerta project to Pan American Energy LLC. Gets Loan for $40 Million. PAE to operate two (2) well program in 2017.

Kosmos Farms Out with Hess in Suriname
Hess will acquire a one-third non-operated interest in the Block 42 contract area from both Chevron Corporation and Kosmos.

Parex Resources Updates Trinidad Position
Parex Resources (Trinidad) Ltd. has signed a farm-out agreement on the Moruga Block and has given notice that it will relinquish the Central Range Blocks.
Africa News

Kosmos Energy Ltd. First Quarter 2023 Results
Kosmos Energy Ltd. announced first quarter 2023 results. Highlights Net Production(2): ~58,800 barrels of oil equivalent per day (boepd), with sales of ~61,100 boepd Revenues: $394 million, or…

Exxon, Partners to Further Invest in Offshore Angola Block; Increase Production
ExxonMobil and its partners plan to further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for…

Eni Makes Fifth Oil Discovery at Offshore Angola Prospect; Up to 1.8 Billion BOE
Eni SPA has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Agidigbo exploration prospect,…

Erin Energy's Oyo-9 Well to Double Production Upon Completion
Erin Energy has reported that the completion of current drilling operations (Oyo-9) will double production for the company. It also updated its plans for drilling one of its…

Erin Hits 6,000 BOPD in Production; Preps to Drill Oyo-9 Development Well
Erin Energy has updated its drilling activity and production.
