Oil Prices Spike More Than $2 a Barrel
Join the discussion below, or Read more at The Associated Press.
#2 Aug 7, 2006
There is STILL oil being found....So why aren't we hearing more of THIS on the news?-- all we hear is the gloom and doom....??
New oil field found in Kazakhstan
AKTOBE, Kazakhstan, July 6 (UPI)-- An oil field with an estimated 20 million barrels has been found in Aktobe, Kazakhstan, by a joint oil venture between Kazakhstan and South Korean firms.
The Yonhap News Agency reports early testing of the new field shows clean reserves with high quality and low water content.
State-run Korea National Oil Corp. and the South Korean LG International Corp. make up nearly 50 percent of a consortium with Kazakhstan companies.
Production of the oil field will begin next year. It is the fourth field in the Aktobe area.
Add your comments below
|Alaska LNG plans water testing, drilling for su... (Apr '16)||Apr '16||Jennie||1|
|Fire and Gas (Jan '16)||Jan '16||Iceeyoo||1|
|'Ice Road Truckers': No Lisa Kelly on IRT Season 6 (Jun '12)||Nov '15||Cantusee||14|
|Putting the hammer down: Sterling woman to be f... (Jun '09)||Jan '15||Tundra Wookie||4|
|An Affair In Prudhoe Bay (Jun '14)||Nov '14||slipperyslope||5|
|Schlumberger Men just full of cheaters!!! (Nov '10)||Oct '14||slipperyslope||4|
|Bulletin 02/09/14 (Feb '14)||Feb '14||Ray||1|
Find what you want!
Search Prudhoe Bay Forum Now
Copyright © 2016 Topix LLC