Latest News
West Africa
Lukoil to get stake in West African blocks
By OGJ editors
HOUSTON, Apr. 30, 2007
Lukoil Overseas has signed an agreement with Vanco Energy Co.,
Houston, to acquire 56.66% interest in each of three exploration
blocks in the Tano basin 50-100 km off West Africa.
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Has This Man Found the Next Gusher?
By JYOTI THOTTAM / HOUSTON
Time Magazine
November 28, 2005 issue
With oil near $60 a bbl., a mystery of
geology becomes more and more intriguing: Where will we find the
next great oil discovery to rival such gushers as Alaska's North
Slope or Britain's North Sea?
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Ukraine
Vanco wins government favor for oil deal
Staff Writer John Marone
Kyiv Post
October 11, 2007
Ukraine has finally allowed a serious Western energy player to
explore and develop what could be billions of barrels of oil buried
beneath its Black Sea shelf.
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Ukraine mulls to speed up Black Sea offshore
gas deposit near Kerch
Journal Staff Report
Ukrainian Journal
July 12, 2006 - Kiev
Ukraine’s government may speed up its decision allowing
Vanco Energy to go ahead with investments in development of a Black
Sea oil and gas field near Kerch, Environment Minister Pavlo Ihnatenko
said.
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Vanco Energy defeats ExxonMobil, Shell
in Ukraine offshore oil project
Journal Staff Report
ukrainianjournal.com
April 19, 2006 - Kiev
Vanco Energy Company, a U.S.-based independent oil and gas company,
on Wednesday defeated world oil majors, such as ExxonMobil and Shell,
to win tender for an offshore exploration and production license
in Ukraine.
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Black Sea Gambit
by John Marone, Kyiv Post Staff Writer
Kyiv Post
April 27, 2006
Ukraine is about to open its Black Sea shelf to large-scale exploration
and drilling by international oil companies, following a tender
won by an independent United States-based energy company that says
it's ready to funnel hundreds of millions of dollars into finding
and extracting oil and natural gas under a production-sharing agreement.
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