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Mediaplan 2010

Top Stories

BHI Rig Count: U.S. -4 @ 1728; Canada -14 @ 491-Spotlight

BHI Rig Count: U.S. +11 @ 1407; Canada -64 @ 479 (PDF files) Mar 15, 2010
U.S. Rig Count is up 11 from last week at 1407; up 281 year over year. Canadian Rig Count is down 64 from last week at 479; up 259 year over year.

LUKOIL Overseas starts deep exploration drilling in the contract area in Saudi Arabia-Spotlight

Lukoil Overseas starts production testing at the WEEM extension block in Egypt Mar 15, 2010
Lukoil Overseas says that production testing has started at the WEEM Extension Block in the Eastern desert (Egypt).

Ithaca Energy inks LoI for Athena FPSO Mar 15, 2010
Ithaca Energy and its wholly owned subsidiary Ithaca Energy (UK) Limited says that Ithaca has signed a Letter

Fugro takes delivery of Survey vessel Mar 15, 2010
Fugro took delivery of a new-build survey vessel, the M/V Fugro Searcher which it commissioned in 2007.

Keystone Gulf Coast expansion approved Mar 15, 2010
TransCanada Corporation says that the National Energy Board (NEB) has approved the company's application to construct and operate the Canadian portion

PetroVietnam secures $1B gas pipeline project Mar 15, 2010
Petrovietnam Gas Corp. (PV Gas), Chevron Vietnam Ltd. (US), Mitsui Oil Exploration Co. Ltd. (MOECO)

Spot News

Crude Prices Stagnate Amid Doubts About Global Demand
Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the week, with the benchmark West Texas Intermediate settling on Friday at $81.24 a barrel, compared with $81.50 a week ago.

U.S. Jobs Data Propels Crude Oil Above $80 a Barrel
Jobs data indicating that U.S. economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex’s benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading.

Yemen’s Push Into the Gas Sector Fails to Stimulate Great Excitement and Raises Disturbing Questions
With Yemen’s oil revenues plunging, the government’s push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism, but analysts warn more thought should be given to carving out the country's post-petroleum era.

News

Synergy signs 20+ well drilling contract with Ensign Mar 15, 2010
Synergy Resources has entered into an agreement with Ensign United States Drilling to drill 20+ wells

Hallmark expands into the natural gas industry‎ Mar 15, 2010
Hallmark Venture Group's subsidiary, Humble Energy, has completed the acquisition of 60 producing

Meridian provides update to possible competing offers for Company Mar 15, 2010
The Meridian Resource Corp. reported an update on events related to the announced merger proposal

Dragon Oil - Dzheitune (Lam) 28/136 well

Dragon Oil completes initial testing development wells in Turkmenistan Mar 15, 2010
Dragon Oil reports the completion and initial testing of both the Dzheitune (Lam) A/142 and 13/143 development

Magnum Hunter Resources provides year-end 2009 proved reserves Mar 15, 2010
Magnum Hunter Resources Corporation declared a 98.9% increase in the quantity of the Company's

CGX Energy files independent resource assessment

CGX files resource assessment for Corentyne licence Mar 15, 2010
CGX Energy says that an independent resource assessment has been completed by Gustavson Associates

Exxon Mobil to proceed with PNG LNG project‎ Mar 15, 2010
Exxon Mobil Corp. says that sales and purchase agreements with liquefied natural gas (LNG) buyers

Geo Caspian naming ceremony at Stavanger Port Mar 15, 2010
Geo Caspian naming ceremony held on Friday 19 March 2010 at 12:30 at Skagenkaien (line 04V),

New headquarters for Offshore Marine Mar 15, 2010
One of the UK’s leading marine management and engineering solutions companies, Offshore Marine

LG International and Geopark enter Latin American strategic partnership Mar 15, 2010
LG International Corporation ('LGI'), the Korean conglomerate, and GeoPark Holdings Limited ('GeoPark'),

Andrew Gould of Schlumberger named Petroleum Executive of the Year for 2010 Mar 15, 2010
Energy Intelligence says that Andrew Gould of Schlumberger has been selected by top oil and gas executives

OGX identifies oil-bearing interval in Southern Campos Mar 15, 2010
OGX Petroleo e Gas Participacoes S.A. has identified an oil-bearing interval in the Aptian section of well

ATP provides update on deepwater development Mar 15, 2010
ATP Oil & Gas Corporation says that its major deepwater Gulf of Mexico development, the Telemark

ONS provides March status Mar 15, 2010
It is now less than six months to the big opening of ONS in Stavanger

The Barents Sea Conference – ONS’ northern cousin Mar 15, 2010
All companies interested in Arctic energy issues should attend this year’s Barents Sea Conference in Hammerfest.

Tethys Oil conducts 10.76 Msek private placement Mar 15, 2010
The Board of Directors of Tethys Oil AB has resolved to conduct a private placement of 350,000 shares

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