I recently came upon a new Haynesville shale website that has info on Louisiana regulatory hearings, public education programs scheduled in Shreveport and elsewhere, and background information and maps from geologists. The most interesting part of the site? The many discussion groups that have been formed, that are arranged by parish. (There is also one for East Texas, where the Haynesville is known as the Lower Bossier. In recent weeks, Penn Virginia Corp. brought in a well that tested 8 million a day from the Lower Bossier/Haynesville shale.) Of note: A person on the site asked, "If people are able to get a 25% royalty from these oil companies, why don't these landowners negotiate for 100%?" There's a whole lotta learnin' to do! Go to http//haynesvilleshale.ning.com. It's a window into the Haynesville gold rush. --Leslie Haines, Editor in chief, Oil and Gas Investor, firstname.lastname@example.org
The new find is believed to contain between 200 million and 300 million barrels of light oil at a water depth of 340 m.
Romero added in brief comments to Reuters that he does not expect a quick resolution to talks between Pemex and U.S.-based Talos Energy over the Zama oil discovery.
Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast on the Mediterranean, the petroleum minister said.