Pinecrest Energy and Cardinal Energy close plan of arrangement
Apr 17, 2015
Pinecrest Energy Inc. and Cardinal Energy Ltd. has completed the previously announced reorganization of the business of Pinecrest pursuant to a plan of

Austin's 3D seismic program underway at Pathfinder property
Apr 17, 2015
Austin Exploration announced a 3D seismic program is underway at the Company's Pathfinder property in Colorado. Austin is adding another prospecting tool to its established geochemistry, geophysics

Pengrowth Energy appoints Jamie Sokalsky to its Board of Directors
Apr 16, 2015
Pengrowth Energy Corporation has appointed Jamie Sokalsky to its Board of Directors. Mr. Sokalsky brings over 30 years of senior executive experience in a wide range of areas including finance,

U.S. energy imports and exports to come into balance for first time since 1950s
Apr 16, 2015
Projections in EIA's Annual Energy Outlook 2015 (AEO2015), released April 14, show the potential to eliminate net U.S. energy imports sometime

Bonterra Energy closes strategic Pembina Cardium asset acquisition
Apr 16, 2015
Bonterra Energy Corp. has closed the previously announced acquisition of certain Cardium focused assets in the Pembina area of Alberta (the "Assets") from a

Magnum Hunter declares first quarter 2015 production results
Apr 16, 2015
Magnum Hunter Resources Corporation says that the Company's oil and gas production increased ~66% for the three months ended March 31, 2015 to

LGO spuds first well in 2015 Goudron Field development plan
Apr 16, 2015
LGO spuds the first well in its 2015 seven well development program at the Goudron Field in Trinidad. Well Services Petroleum Company Limited's Rig-70,

MEG Energy board director to resign
Apr 16, 2015
MEG Energy Corp. reports that co-founder Dave Wizinsky will step down from the corporation's Board of Directors effective May 7, 2015, after serving

Avista receives approval of settlement in Oregon Natural Gas Rate request
Apr 16, 2015
Avista received approval from the Public Utility Commission of Oregon (PUC) of a revised all-party settlement agreement, concluding the proceedings for

Gulfsands Petroleum appoints new Executive Chairman
Apr 15, 2015
Gulfsands Petroleum plc provides the following update as to Board and management changes. The Board has appointed Mr Alastair John Beardsall to be Executive Chairman of the Company,

Pinecrest Energy to plan of arrangement and peparture of executive officers
Apr 15, 2015
Pinecrest Energy Inc. has amended the plan of arrangement involving Cardinal Energy Ltd., Virginia Hills Oil Corp., the Company and the Company's shareholders.

Progen reap benefits on major EVONIK project using AVEVA 3D modelling solution
Apr 15, 2015
AVEVA says that Progen Projetos Gerenciamento e Engenharia S.A. (Progen) has gained impressive benefits by using AVEVA PDMS software on a major

Eclipse Resources announces revised capital budget
Apr 15, 2015
Eclipse Resources Corporation provided an update to its 2015 Capital Budget, its first quarter 2015 estimated production and additional guidance on its

Deep Well Oil & Gas updates Steam Assisted Gravity Drainage project
Apr 15, 2015
Deep Well Oil & Gas, Inc. is pleased to announce the following operations update on its joint Steam Assisted Gravity Drainage project located in Sawn Lake, Alberta.

Canadian Overseas Petroleum appoints Acting Chief Financial Officer
Apr 15, 2015
Canadian Overseas Petroleum Limited says that Mr. Chris Mclean, the Company's Chief Financial Officer, is taking a leave of absence for health reasons

Platts Survey: OPEC Pumps 30.72 Million Barrels of Crude Oil Per Day in March
Apr 15, 2015
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 30.72 million barrels per day (b/d) in March, up 800,000 b/d from February

Perpetual Energy closes sale of certain fee simple lands in Alberta
Apr 14, 2015
Perpetual Energy Inc. has closed the sale of certain fee simple lands in east central Alberta, and a working interest in related seismic data, for $21.0 million.

International Frontier Resources forms Mexican subsidiary
Apr 14, 2015
International Frontier Resources Corporation has formed a Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) that will allow for (i) the study of,

NUTECH identifies major international oil discovery
Apr 14, 2015
A report delivered by Houston-based NUTECH estimates that the Horse Hill-1 (H-H1) well in the Weald Basin holds between 50-100 billion barrels of oil in place (OIP).

Falkland Oil and Gas makes change to drilling programme
Apr 14, 2015
Falkland Oil and Gas Limited says that Noble Energy and its joint venture partners FOGL and Edison International have elected to defer a potential second well

Range Resources delays completion of Resources Drilling Services Limited sale
Apr 14, 2015
Range advises that the completion of the Range Resources Drilling Services Limited (RRDSL) disposal has been delayed and is now anticipated during April 2015.

Argos Resources enters farm-out agreement for License PL001, North Falkland Basin
Apr 14, 2015
Argos Resources Limited confirms that its wholly-owned subsidiary, Argos Exploration Limited, has entered into a farmout agreement with Noble Energy

Elixir Petroleum confirms drillable conventional oil prospects on Petra project
Apr 14, 2015
Elixir Petroleum Limited has confirmed the presence of at least two drillable prospects the Petra Project in Washington County, Colorado, following completion

Alvopetro announces relinquishment of Blocks 131, 132, 144, and 157
Apr 13, 2015
Alvopetro Energy Ltd. has informed Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) of our intention to relinquish Blocks 131, 132,