
(Source: LLOG Exploration)
Privately owned LLOG Exploration Co. acquired 41 blocks of acreage encompassing in the East Breaks and Alaminos Canyon areas of the deepwater Gulf of Mexico, the company said on July 17. Financial details of the deal weren't disclosed.
The blocks, which span approximately 236,000 acres, sits north of LLOG’s Blacktip and Blacktip North deepwater discoveries in Alaminos Canyon blocks 335, 336, 337, 380, 381 and 424. With the acquisition, LLOG owns a 100% working interest in and is the operator of all 41 blocks.
In third-quarter 2023, LLOG drilled a successful sidetrack on the Blacktip discovery and is planning an appraisal well at Blacktip North in the third quarter of this year.
Recommended Reading
Ex-Elliott Insider: Speak First or ‘Chaos’ Will Take the Mic
2025-07-08 - Proactive communication is essential in warding off activist “agents of chaos” that want to “change the fabric of a company,” a former communications officer at activist investor Elliott Investment Management told oil and gas producers.
BP Appoints Former Shell Exec Simon Henry to Board
2025-07-07 - BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential merger with Shell.
Exxon Returns Some Stabroek Acreage to Guyana, Government Says
2025-07-03 - An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government.
Fiscal Discipline Strategies Shield Industry from Market Turbulence
2025-07-03 - In the last several years, adoption of a newer fiscal discipline model has afforded companies a lifeline amid market instability. Implementing return to capital programs can position companies to weather the volatility storm, Comerica Bank’s Jeff Treadway says.
Pension Funds Eye Oil ETFs Amid Volatility, Middle East Tensions
2025-07-02 - Investors in energy ETFs should be wary of short-term volatility in commodity-linked ETFs amid geopolitical tensions in the Middle East.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.