Jubilant Spuds Third Kharsang Well

South Asia-focused Jubilant Energy announced Monday that it has spud the third well of its Phase III Extension development drilling campaign in the oil-producing Kharsang Field in Arunachal Pradesh, India. Jubilant plans six wells in total in this drilling campaign.

The well, designated KPL-3E-6, is located in the central part of the field and is aimed at exploiting untapped hydrocarbons in the infill area between wells KSG No.11 and KSG No.25. The well is targeting the H-00 layer, with the G-00 and I-00 layers as secondary objectives.

The well will be drilled to a target depth of approximately 3,350 feet and is expected to take approximately three weeks to drill.

The second development well, spud March 23, was successfully drilled to a target depth of 3,700 feet. Twelve potentially hydrocarbon-bearing sands have been encountered in the well, with a total net pay of some 165 feet. Seven of these wells appear to be oil bearing, said Jubilant.

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Union Drilling Announces 2011 Third Quarter Earnings Release and Conference Call Schedule

Posted on Wednesday, September 28th, 2011 at 11:21 pm

FORT WORTH, Texas, Sept. 28, 2011 /PRNewswire/ — Union Drilling, Inc. (NASDAQ: UDRL) announced today that it will release its 2011 third quarter results at 6:00 a.m. Eastern time on Monday, October 31, 2011. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet that same day at 11:00 a.m. Eastern time.

What:

Union Drilling Third Quarter 2011 Earnings Conference Call

When:

Monday, October 31, 2011 at 11:00 a.m. Eastern time

How:

Live via phone — By dialing 480-629-9692 or live over the Internet by logging onto the web at the address below

Where:

www.uniondrilling.com, in the “Investor Relations” section of the Company’s website

For those who cannot listen to the live call, a telephonic replay will be available through November 7, 2011 and may be accessed by calling 303-590-3030 and using the pass code 4474892. Also, an archive of the webcast will be available shortly after the call on the “Investor Relations” section of the Company’s website.

About Union Drilling

Union Drilling, Inc., headquartered in Fort Worth, Texas, provides contract land drilling services and equipment to oil and natural gas producers in the United States. Union Drilling currently owns and markets 70 rigs and specializes in unconventional drilling techniques.

UDRL-E

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Statoil Confirms Third Norwegian Victim in Algeria

Three Norwegians who worked at the In Amenas gas facility in Algeria were confirmed dead on Friday, with little hope left that two who are still unaccounted for survived last week's terrorist attack.

Oil and gas major Statoil ASA (STL.OS, STO) said that three of its employees--Tore Bech, 58, from Bergen, Thomas Snekkevik, 35, from Austrheim and Bergen, and Hans M. Bjone, 55, from Brandbu--had been found dead, and that the company remained deeply concerned for those still missing.

"Our thoughts are first and foremost with the families and close friends who have lost their loved ones in this horrific and senseless attack on innocent people," said Chief Executive Helge Lund.

Norway's Ministry of Foreign Affairs earlier Friday said it no longer believes there is hope that the remaining Norwegians will be found alive.

"There are still search operations going on, inside and outside the In Amenas facility, but unfortunately we no longer consider it likely that survivors will be found," said Ministry of Foreign Affairs spokesman Svein Michelsen.

Algeria has said at least 37 foreigners were killed in the four-day siege of the facility, which began on Jan. 16. A team of forensic experts from Norway is working with Algerian authorities in the capital Algiers to identify bodies recovered after the attack.

The Norwegian victims were all employees of Statoil, which operates the gas field in a joint venture with BP PLC (BP, BP.LN) and Algerian state oil company Sonatrach.

Since Algerian forces ended the siege at the facility on Saturday, hope has diminished that the missing Norwegians may still be alive.

Mr. Lund and Norwegian Prime Minister Jens Stoltenberg have repeatedly urged citizens to be prepared for bad news.

"As Statoil has said, hope dwindles as time passes, and a number of days have now passed since the attack. Therefore it is now less likely that survivors will be found," said Mr. Michelsen. Mr. Stoltenberg met the U.K. Prime Minister David Cameron in Davos, Switzerland, on Friday. The two countries will cooperate to "prevent and handle future crises," Mr. Stoltenberg told Norwegian public broadcaster NRK, adding that the countries would also perform joint emergency response drills.

--Anna Molin contributed to this article.

Copyright (c) 2012 Dow Jones & Company, Inc.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

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Statoil Confirms Third Norwegian Victim in Algeria

Three Norwegians who worked at the In Amenas gas facility in Algeria were confirmed dead on Friday, with little hope left that two who are still unaccounted for survived last week's terrorist attack.

Oil and gas major Statoil ASA (STL.OS, STO) said that three of its employees--Tore Bech, 58, from Bergen, Thomas Snekkevik, 35, from Austrheim and Bergen, and Hans M. Bjone, 55, from Brandbu--had been found dead, and that the company remained deeply concerned for those still missing.

"Our thoughts are first and foremost with the families and close friends who have lost their loved ones in this horrific and senseless attack on innocent people," said Chief Executive Helge Lund.

Norway's Ministry of Foreign Affairs earlier Friday said it no longer believes there is hope that the remaining Norwegians will be found alive.

"There are still search operations going on, inside and outside the In Amenas facility, but unfortunately we no longer consider it likely that survivors will be found," said Ministry of Foreign Affairs spokesman Svein Michelsen.

Algeria has said at least 37 foreigners were killed in the four-day siege of the facility, which began on Jan. 16. A team of forensic experts from Norway is working with Algerian authorities in the capital Algiers to identify bodies recovered after the attack.

The Norwegian victims were all employees of Statoil, which operates the gas field in a joint venture with BP PLC (BP, BP.LN) and Algerian state oil company Sonatrach.

Since Algerian forces ended the siege at the facility on Saturday, hope has diminished that the missing Norwegians may still be alive.

Mr. Lund and Norwegian Prime Minister Jens Stoltenberg have repeatedly urged citizens to be prepared for bad news.

"As Statoil has said, hope dwindles as time passes, and a number of days have now passed since the attack. Therefore it is now less likely that survivors will be found," said Mr. Michelsen. Mr. Stoltenberg met the U.K. Prime Minister David Cameron in Davos, Switzerland, on Friday. The two countries will cooperate to "prevent and handle future crises," Mr. Stoltenberg told Norwegian public broadcaster NRK, adding that the countries would also perform joint emergency response drills.

--Anna Molin contributed to this article.

Copyright (c) 2012 Dow Jones & Company, Inc.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

View the original article here

Union Drilling Announces 2011 Third Quarter Earnings Release and Conference Call Schedule

Posted on Wednesday, September 28th, 2011 at 11:21 pm

FORT WORTH, Texas, Sept. 28, 2011 /PRNewswire/ — Union Drilling, Inc. (NASDAQ: UDRL) announced today that it will release its 2011 third quarter results at 6:00 a.m. Eastern time on Monday, October 31, 2011. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet that same day at 11:00 a.m. Eastern time.

What:

Union Drilling Third Quarter 2011 Earnings Conference Call

When:

Monday, October 31, 2011 at 11:00 a.m. Eastern time

How:

Live via phone — By dialing 480-629-9692 or live over the Internet by logging onto the web at the address below

Where:

www.uniondrilling.com, in the “Investor Relations” section of the Company’s website

For those who cannot listen to the live call, a telephonic replay will be available through November 7, 2011 and may be accessed by calling 303-590-3030 and using the pass code 4474892. Also, an archive of the webcast will be available shortly after the call on the “Investor Relations” section of the Company’s website.

About Union Drilling

Union Drilling, Inc., headquartered in Fort Worth, Texas, provides contract land drilling services and equipment to oil and natural gas producers in the United States. Union Drilling currently owns and markets 70 rigs and specializes in unconventional drilling techniques.

UDRL-E

View the original article here