Jericho Oil continues roll-up of distressed producing Mid-Con assetsNov 24, 2015Jericho Oil Corporation has signed a definitive agreement to acquire a 50% working interest in producing wells and drillable leaseholds in Central Oklahoma for a total cas
Resolute Energy to sell Gardendale assets, Midland BasinNov 24, 2015Resolute Energy Corporation has entered into a definitive agreement to sell its Gardendale assets in the Midland Basin of West Texas to an undisclosed buyer for a purchase price of $177.5 million.
Elk Petroleum acquires Devon Energy DJ Basin oil propertiesNov 24, 2015Elk Petroleum Ltd has successfully completed the acquisition of a 100% operated working interest in certain oil properties from a wholly-owned subsidiary of Devon Energy Inc.
Marquee Energy completes its 2015 drilling programNov 23, 2015Marquee has completed its 2015 drilling program at Michichi. Due to ongoing cost optimization initiatives the summer drilling program was completed with drilling, completion,
NuTech Energy Resources to release value of recent eventsNov 23, 2015NuTech Energy Resources, Inc. expects to disclose details pertaining to the potential value of this agreement by the end of November, upon review and approval by the Company's
Sanchez Energy to change the borrowing baseNov 23, 2015Sanchez Energy Corporation has received commitments from its lending group to change the borrowing base under its $1.5 billion first lien revolving credit facility from $550 million to $500 million
Tennessee files certificate application for its proposed Northeast Energy Direct projectNov 23, 2015Tennessee Gas Pipeline Company, L.L.C. (TGP), a Kinder Morgan company, filed a certificate application under Section 7(c) of the Natural Gas Act with the Federal Energy Regulatory Commission
Eagle Energy Trust acquires Maple Leaf Royalties Corp.Nov 23, 2015Eagle Energy Trust has entered into a binding agreement (the "Arrangement Agreement") to acquire Maple Leaf Royalties Corp., (Maple Leaf) by way of a plan of arrangement (the "Arrangement").
Wärtsilä supplies 50 MW of reliable power capacity to Michigan, USANov 23, 2015Wärtsilä will supply a 50 MW Smart Power Generation power plant to Marquette Board of Light and Power (MBLP) in Michigan, USA. The contract includes three Wärtsilä 50DF dual-fuel engines
Vice President of Operations Services for Marathon Oil Corporation to retireNov 20, 2015Marathon Oil Corporation says that Michael J. Stover, currently vice president of Operations Services, has elected to retire effective Nov. 30 following nearly 30 years of service.
Torchlight expects rig to arrive for Marcelina Creek drillingNov 20, 2015Torchlight Energy Resources, Inc. says that the drilling contract for the Johnson #4 Re-Entry has been approved and the Company is expecting the drilling rig to be on location
Fluor project for Chevron awarded Project Management Institute’s 2015 Project of the YearNov 20, 2015Fluor Corporation says that the Project Management Institute has selected Chevron’s El Segundo Refinery Coke Drum Reliability Project as its 2015 Project of the Year.
WPX completes sale of Van Hook gathering systemNov 20, 2015WPX Energy has completed the sale of a North Dakota gathering system for approximately $185 million to a private equity fund managed by the Ares EIF Group, a subsidiary of Ares Management, L.P.
Platts: Spot Prices of LNG for December Delivery Up 8.7% on Competing DemandNov 20, 2015Prices of spot liquefied natural gas (LNG) for December delivery to northeast Asia averaged $7.280 per million British thermal units (/MMBtu) for December, according to the latest Platts
Trilogy Energy to sell certain Duvernay assets for US$85 millionNov 20, 2015Trilogy Energy Corp. has entered into a definitive agreement to sell 11 net sections of its Duvernay mineral rights in the volatile oil window of its Kaybob Duvernay play for cash consideration
Schlumberger-Cameron merger receives unconditional clearance from U.S. Department of JusticeNov 19, 2015Schlumberger Limited and Cameron International Corporation jointly announced that the U.S. Department of Justice has cleared their proposed merger without any conditions,
C.H. Robinson continues Chicago growth with new expanded warehouse spaceNov 19, 2015C.H. Robinson will expand its business operations in Chicago by signing a seven-year lease for a 235,000-square-foot commercial office building and warehouse at
Schlumberger acquires Fluid Inclusion Technologies, Inc.Nov 18, 2015Schlumberger has acquired Fluid Inclusion Technologies, Inc. (FIT), a US-based oil and gas service company specializing in laboratory analysis of trapped fluids in rock
PetroTerra to begin phase 3 of technical analysis at the Sevier Oil prospectNov 18, 2015PetroTerra Corp. says that following its most recent site inspection of the project area the Company is initiating Phase Three of its technical analysis
TGS announces restructuring to adapt to prevailing market conditionsNov 18, 2015In order to further improve organizational efficiency and competitiveness TGS is implementing global cost reduction and efficiency plan. Furthermore, the value of selected
Corvus Energy awarded Fast 50 and Fast 500 listings for 2015Nov 18, 2015The Deloitte Technology Fast 50™ program recognizes the world-class achievements and tremendous evolution of the Canadian technology sector by ranking the 50 fastest growing
Platts Survey: OPEC pumps 31.08 million barrels of crude oil per day in OctoberNov 18, 2015Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.08 million barrels per day (b/d) in October, down 120,000 b/d from September,
MPG Pipeline names Dan Murphy as Quality Assurance ManagerNov 17, 2015MPG Pipeline Contractors has named Dan Murphy as quality assurance manager in its Houston office.
Baker Hughes announces weekly rig countsNov 17, 2015Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -4 to 767 rigs