A joint oil exploration project involving South Korea's state-run oil company in Iraq has made another significant oil discovery in the Middle Eastern country, the company said on December 9, Yonhap has reported.
Tullow Oil has made its fifth consecutive oil discovery since beginning drilling operations in Kenya last year, Irish Examiner reported on November 23.
Argentine oil company YPF made an oil discovery in the country's western province of Mendoza, containing estimated reserves of about 15 million barrels of crude oil, Reuters reported on November 10.
Statoil said on November 11 that it has together with partners in PL348/348B made an oil discovery in the Snilehorn prospect in the Norwegian Sea, approximately fifteen kilometres northeast of the Njord field.
Far Vista Petroleum Corp (FVSTA, PinkSheets) president was on October 29 ecstatic to announce that it has discovered a huge oil deposit, Sacramento Bee reported on October 30.
Benin says it has discovered 87 million barrels of oil off its coast, a tiny amount compared to neighbouring Nigeria's reserves, but which could boost the small country's economy, AFP reported on October 24.
China’s CNOOC recently made a mid-sized new exploration discovery Luda 5-2 North and successfully appraised the mid-sized oil and gas structure Kenli 9-5/9-6, the company reported in a news release.