Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka calls new tenders for petroleum resources development in M2 block of Mannar Basin
Sun, Feb 12, 2017, 02:18 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 12, Colombo: The Sri Lankan government is calling new tenders for development of petroleum resources in M2 block of Mannar Basin that was offered to Cairn Lanka for exploration earlier.

The government is inviting expressions of interest for partners to undertake the appraisal and development of gas discoveries and prospects in the 2,924-sq km offshore (ex-Cairn SL 2007-01-001, aka block 2) block M2, Mannar Basin, the Petroleum Resources Development Secretariat (PRDS) announced last week.

In 2013, Cairn made gas discoveries in two of the four exploration wells it was awarded in the Mannar basin. It successfully discovered two successive gas and condensate deposits in the wells Dorado and Barracuda in the offshore Block SL 2007-01-001. Cairn Lanka exited its operations in Sri Lanka following the drastic drop in crude oil prices in 2015.

The block will be offered for licensing this year, including the Barracuda and Dorado gas-condensate discoveries. A data package will be available containing well data and some 2,600 sq km of 3D seismic coverage.

The remainder of Sri Lankan acreage will be released in a bid round in 4Q '17, the PRDS said. The London-based geophysical services company WesternGeco is planning 2D and 3D spec seismic ahead of this off the East coast and in the Mannar Basin. Some airborne FTG/mag surveying is also planned.

The PRDS said government officials will be available for private meetings in Houston from 5-9 March and in London from 13-14 March. The Sri Lankan plans will also be discussed at CERAWeek 2017 in Houston on 7 March.

 


ColomboPage - Recent 10 Stories ::
Health Minister charges trade unions of focusing on political issues, not fulfilling their responsibilities to workers
-- [8 hours ago]
Minister Bathiudeen complains to CID on social media reports accusing him of resettling Rohingya refugees in Sri Lanka
-- [8 hours ago]
US Navy trains Sri Lanka Navy divers in underwater unexploded ordnance recovery
-- [9 hours ago]
Sri Lanka participates in the Fine Food Exhibition - 2017 in Sydney, Australia
Rain water harvesting project for Jaffna Peninsula
UN assures to support Sri Lanka to build an exemplary nation
ICC confirms investigation into Sri Lanka Cricket following Anti-Corruption Unit's visit
PM opens five-star Hotel Amari in Galle
Chief Prelates request to refrain from hindering Central Expressway construction
Interim report on draft constitution presented to Chief Prelates for consultation

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.