Tag Archives | Oryx Petroleum

Oryx Petroleum Makes Oil Discovery

By John Lee. Oryx Petroleum has announced two positive updates on its operations in the Hawler license area in Iraqi Kurdistan, in which the company has a 65 perccent participating and working interest: Testing of the DD-4 appraisal well on the Demir Dagh field  achieved expected flow rates and confirmed reservoir and fluid characteristics. Henry Legarre […]

Oryx Declares Demir Dagh "Commercial"

Oryx Petroleum has announced that it has determined that the Demir Dagh 2 well discovery is a Commercial Discovery pursuant to the terms of the Erbil Production Sharing Contract. Oryx Petroleum is currently undertaking an extensive appraisal program in relation to the full Demir Dagh field, and will continue to undertake such appraisal activities through […]

Oryx Updates on Kurdistan Operations

 By John Lee. Oryx Petroleum has announced an update on its drilling activities at Banan and Demir Dagh in the Hawler license area in the Kurdistan Region of Iraq. The company the operator and has a 65 percent participating and working interest in the Hawler license area. Commenting today, Henry Legarre (pictured), Oryx Petroleum’s Chief […]

Oryx Petroleum Strikes Oil at Zey Gawra

By John Lee. Oryx Petroleum today announced a successful oil discovery at Zey Gawra in the Hawler license area. The ZEG-1 well was flow tested at an average rate of 4,800 barrels per day of light crude oil from an 81 metre column. A Notice of Discovery has been filed by the Corporation with the […]

Oryx Plots Path to Oil Production

By John Lee. As part of its results for Q3 2013, Oryx Petroleum gave the following update on its Iraqi operations: Demir Dagh Appraisal - The Corporation has significantly progressed its appraisal plan for the Demir Dagh discovery. Oryx Petroleum has a 65% participating and working interest in the Hawler license area. Key highlights include […]

Oryx Discovers Oil at Ain Al Safra

By John Lee. Oryx Petroleum Corporation has announced the discovery and testing of crude oil at Ain Al Safra in Iraqi Kurdistan. The Ain Al Safra discovery will be appraised in 2014 as part of the multi-well appraisal and development drilling program in the Hawler license area, where Oryx Petroleum is the operator and has […]

Petrel Resources Falls 7% on Interim Statement

Shares in Petrel Resources fell 7 percent on Tuesday following the publication of the company's Interim Statement for the period ended 30 June 2013. Highlights: · Iraqi investment enhanced through 20 per cent shareholding acquisition in Amira Hydrocarbons Wasit B.V. This deal gives Petrel an immediate effective 5 per cent carried interest through to production […]

Oryx Updates on Kurdistan Operations

Oryx Petroleum has announced an update on its activities in the Kurdistan Region of Iraq. Chief Executive Officer, Michael Ebsary (pictured), stated: "We continue to make great progress on all fronts in our Hawler license area. Progress continues towards first production from the Demir Dagh discovery with an early production facility now contracted and we […]

Petrel Jumps on Iraq Acquisition

By John Lee. Shares in Irish-based explorer Petrel Resources were up as much as 20 percent in early trading on Wednesday following the announcement that the company has agreed to acquire a 20 percent shareholding in Amira Hydrocarbons Wasit B.V. ("Amira"), which is the holder of a 25 per cent carried interest in certain oil […]

Oryx Petroleum Reveals Kurdistan Plans

By John Lee. Bloomberg reports that Oryx Petroleum Corp. (OXC) is to drill a well at its Banan site in Iraqi Kurdistan in the third quarter. The company, Canada’s newest publicly traded oil explorer, is hoping to find out of the site has the same type of reserves as its Demir Dagh discovery, which has 160 million […]

KNOC Reports Oil Discovery in Kurdistan

By John Lee. The South Korean news agency Yonhap reports that there has been a "significant" oil discovery in the Hawler field in Iraqi Kurdistan. State-run Korean National Oil Corporation (KNOC), which owns 20 percent of the field, said it yielded 10,000 barrels per day during initial testing. Swiss company Oryx Petroleum has a 65 […]