Tag: zama

• Saturday, October 5th 2019 - 09:12 UTC

  Mexico does not seek control of Zama, the country's major oilfield discovery in decades

  

  Mexican President Andres Manuel Lopez Obrador said that his government is not seeking to take control of the Zama oilfield discovery, which is currently operated by a private consortium led by U.S.-based Talos Energy. The statement follows on a report from Reuters earlier in the week saying that Mexico’s national oil company, Pemex, wants to take control of Zama from Talos.

• Friday, January 25th 2019 - 09:59 UTC

  Premier Oil shares up on appraisal of its Zama deposit appraisal in Mexico

  

  Premier Oil shares were up on Thursday after the company updates the market on the successful completion of part of its Zama well appraisal program in the Gulf of Mexico. According to the update, the appraisal revealed 152 metres of net pay encountered above the oil water contact.