Archives for September 2009

IHS CERA releases World Oil Watch report

On September 8th, IHS Cambridge Energy Research Associates (CERA) have released their new quarterly World Oil Watch report. According to the report, major exploration activity in the first half of 2009 has already increased global oil reserves for more than 10 BBO. If the current pace of discoveries continues for the second half of 2009, global reserves will reach their highest level since 2000.

World oil demand is predicted to grow for the first time since 2007 and may reach pre-recession levels by 2012. Emerging markets will be the chief drivers for the predicted growth in demand.

The IHS Press Release can be found here.

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GeoResources on meetings & conventions in 2010

GeoResources´ members will attend the following meetings in 2010. Abstracts for presentations have already been submitted/accepted or will be submitted.

1) Geo 2010, March 7-10, Bahrain
2) AAPG Annual Convention & Exhibition 2010, April 11-14, New Orleans
3) DGMK Spring Meeting, April 22-23, Celle
4) World Geothermal Congress 2010, April 25-30, Indonesia
5) MAPG 2nd International Convention, Conference & Exhibition, May 2-5, Marrakech
6) EAGE Conference & Exhibition incorporating SPE Europec, June 14-17, Barcelona

Attendance and presentations at additional meetings are planned.

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