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	6/13/2011 - OTTO LAUNCHES SURVEY OVER BLOCK SC 69 OFFSHORE THE PHILIPPINES
Otto Energy Limited has commenced a 3D seismic data acquisition program in Service Contract 69 (SC 69) in the Visayan Basin of the Republic of Philippines. The seismic vessel BGP EXPLORER, operated by Exploiter Pte Ltd., has been contracted to record the seismic data. Otto plans to acquire approximately 210 sq. km of 3D seismic data in SC69. SC69 covers an area of 5,280 sq. km in the central Visayan Basin where the data acquired from the successful 2D seismic campaign last year confirmed the presence of two sizeable reef structures, Lampos and Lampos South that sit immediately adjacent to the Calamangan Trough. Current “success case” estimates of oil initially in place in the combined structures range between 22 MMbo and 713 MMbo with a mean in place volume of 290 MMbo.

Other Briefs in this Issue

	6/14/2011 - SAIPEM SECURES OVER $1BN IN NEW E&C OFFSHORE CONTRACTS (Egypt/North Sea/Russia)

	6/14/2011 - GE OIL & GAS INKS $30MM FRAME AGREEMENT WITH SHELL BRASIL (Brazil)

	6/13/2011 - EXXONMOBIL STRIKES PAY IN KEATHLEY CANYON BLOCK 919 (GoM)

	6/13/2011 - MCDERMOTT TO SUPPLY COMPRESSOR MODULE TO HIBISCUS FIELD (Trinidad and Tobago)

	6/13/2011 - SHELL FINALIZES INVESTMENT DECISION FOR CARDAMOM DEVELOPMENT (GoM)

	6/13/2011 - BHP BILLITON COMMENCES PRODUCTION FROM NEW SHENZI WELL (GoM)

	6/13/2011 - PETROBRAS STRIKES PAY ON BRIGADEIRO PROSPECT (Brazil)

	6/13/2011 - SURF SUBSEA COMPLETES INSTALLATION OF SUBSEA TREE FOR LLOG (GoM)

	6/13/2011 - ENTEK UPDATES RESULTS OF WELL VR 342 (GoM)

	6/13/2011 - STATOIL FARMS INTO KAKUNA PROSPECT (GoM)

	6/13/2011 - BAKER HUGHES LAUNCHES NEW STIMULATION VESSEL (Houston)

	6/13/2011 - TGS TO CONDUCT GREENLAND SURVEY DURING Q2 2011 (Greenland)

	6/13/2011 - BLAKE SECURES THREE-WELL CONTRACT FOR BLAKE RIG 1006 (GoM)

	6/13/2011 - US TO OFFER ONE-YEAR DEEPWATER LEASE EXTENSIONS (GoM)

	6/13/2011 - PEMEX TAPS BLAKE INTERNATIONAL FOR TWO PLATFORM RIGS (Mexico)

	6/13/2011 - HESS’ PARADISE-1 EXPLORATION WELL HITS OIL, GAS CONDENSATE PAY (Ghana)

	6/13/2011 - NOBLE ACQUIRES STAKE IN AGC PROFOND BLOCK (Senegal/Guinea-Bissau)

	6/13/2011 - STATOIL TAPS FMC TECHNOLOGIES FOR VISUND NORD SUBSEA EQUIPMENT (Norway)

	6/13/2011 - NORWAY APPROVES VISUND SOUTH PDO (Norway)

	6/13/2011 - TOTAL BEGINS EKOFISK SOUTH, ELDFISK II DEVELOPMENTS (Norway)

	6/13/2011 - STATOIL MULLS TIE-IN FOR WELL 34/10-53A (Norway)

	6/13/2011 - STEP OFFSHORE TO DELIVER CRI SYSTEM TO MAERSK REACHER (Norway)

	6/13/2011 - SEARCH SEISMIC COMMENCES BJORNOYA BASIN NORTH SURVEY (Norway)

	6/13/2011 - STATOIL TO ADVANCE WITH VALEMON DEVELOPMENT AFTER PDO APPROVAL (Norway)

	6/13/2011 - NPD GREENLIGHTS LUNDIN’S WELL 16/2-7 (Norway)

	6/13/2011 - PROVIDENCE COMMENCES 3D SEISMIC ACQUISITION IN NORTH CELTIC SEA (Celtic)

	6/13/2011 - TGS BEGINS 3D SURVEY OVER NORTH VIKING GRABEN (Norway)

	6/13/2011 - STATOIL EXTENDS CONTRACT WITH AGR FIELD OPERATIONS (Norway)

	6/13/2011 - SUBSEA 7 SECURES AWARD OF KUMANG CLUSTER PROJECT (Malaysia)

	6/13/2011 - SANTOS FARMS INTO TWO CARNERVON BASIN PERMITS (Australia)

	6/13/2011 - NIDO DRILLS AHEAD WITH GINDARA-1 (The Philippines)

	6/13/2011 - KEPPEL FELS TO BUILD NEW JACKUP FOR SEADRILL (Singapore)

	6/13/2011 - Thailand: COASTAL DRILLS SUCCESSFUL APPRAISAL WELL WITH BUA BAN NORTH B-04 (Thailand)

	6/13/2011 - KEPPEL FELS INKS $260MM CONTRACT FOR NEWBUILD FLOATEL (Singapore)

	6/13/2011 - KCA DEUTAG INKS FEED CONTRACT FOR BROWSE LNG PROJECT (Australia)

	6/13/2011 - OTTO LAUNCHES SURVEY OVER BLOCK SC 69 OFFSHORE THE PHILIPPINES (The Philippines)

	6/13/2011 - KEPPEL MOVES AHEAD WITH FPSO ARMADA TGT 1 (Vietnam)

	6/13/2011 - PEOPLE ON THE MOVE (Singapore)

	6/13/2011 - SEADRILL SECURES NEW CONTRACT FOR OFFSHORE RESOLUTE (Bangladesh)