Latest News

21
May
2007
Announcements - 21 May, 2007
A stabilised flowrate has been established from the gasbearing reservoir on well 1A: 2,100,000 million cubic feet of gas per day (377 o.e. per day) . Measured flowing bottom hole pressure was 60 atm, and the pressure drop during flow was less than 10%, which is considered very good. In this test only a 9mm choke was used.
11
May
2007
Announcements - 11 May, 2007
At the ordinary shareholders' meeting on 9th May, it was decided that Aladdin Oil & Gas Company AS is converted from AS to ASA.
09
May
2007
Announcements - 09 May, 2007
The main points of the closing of the purchase of ZAO Orneftegaz were completed last week. AOGC has initiated the move of the company's office from Samara to Orenburg.
07
May
2007
General News - 07 May, 2007
The well has now been cased and cemented, and on 6th May the first drillstem test was done.
07
May
2007
General News - 07 May, 2007
The well has now been cased and cemented, and on 6th May the first drillstem test was done. Already after opening the choke a very small amount, significant quantities of gas flowed from the wellhead, and the well flowed an estimated rate in the region of 1 million CFGPD.
30
Apr
2007
Announcements - 30 April, 2007
Aladdin Oil & Gas Company ASA (AOGC) today publishes an update to its reserve estimates, after a management review with its geologists in Ukhta as of April 2014. The reported reserve estimates are based on standard industry practices and methodologies such as decline analysis, reservoir modeling and geological and geophysical analysis. The evaluations and assessments …
30
Apr
2007
General News - 30 April, 2007
OCG's second well; 3A, was drilled to a total depth of 405 m, in basement rocks. The expected reservoirs were encountered slightly deeper than prognosed, and analyses of logs and open-hole tests show that the reservoirs did not contain hydrocarbons in any quantities. The rig used for drilling of 3A has now been moved to the location of well 1A for further testing of the gas discovery made in that well
26
Apr
2007
Announcements - 26 April, 2007
AOGS is pleased to announce that the recently announced issue of 650 bonds with warrants attached was successfully closed yesterday. The issue, which was managed by Fondsfinans ASA, was oversubscribed.
23
Apr
2007
Announcements - 23 April, 2007
Aladdin Oil & Gas Company AS (OTC: AOGC) is in the market with a bond issue of MNOK 65 with a 4 year maturity. Each bond has par value of NOK 100,000 and a fixed annual coupon of 11.5%.
10
Apr
2007
Announcements - 10 April, 2007
GT has completed the drilling of Well A on Prospect 1 on the MS License. Total Depth was in Basement rocks, near 750 meters. Following logging of the well, several interesting zones were identified, one of which has been tested; tested interval was at 660-681 meters and demonstrated a significant gas discovery.
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