Lundin spuds Hufsa exploration well in southern Barents Sea

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has spudded exploration well 7219/12-2 on the Hufsa prospect targeting multiple Jurassic and Triassic sandstone reservoirs. Source: News


US Treasury calls for repeal of Dodd-Frank Section 1504

The US Department of the Treasury called for the repeal of the provision in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that requires publicly traded US oil, gas, and other extraction industries to report payments to foreign governments. Source: News


Oranto Petroleum inks exploration deals for Uganda licenses

Oranto Petroleum Ltd. has signed two production-sharing agreements with Uganda’s Ministry of Energy and Mineral Development for the 410-sq-km Ngassa shallow and deepwater play of Lake Albert. Source: News