Bahamas Petroleum signs Licence Renewal AddendumJun 18, 2015Bahamas Petroleum Company says that The Governor-General of The Bahamas has signed the Licence Renewal Addendum.
Industry accreditations strengthen Survivex training portfolioJun 18, 2015Survivex has attained approvals from the International Association of Drilling Contractors (IADC), American Petroleum Institute (API) and
Torchlight Energy signs LoI to sell portion of Hunton assetsJun 18, 2015Torchlight Energy Resources, Inc. has signed a Letter of Intent to sell approximately 40% of its Hunton Assets to a private buyer. The agreed upon
Sempra Energy to pursue formation of Sempra Partners, LPJun 18, 2015Sempra Energy says that its board of directors has authorized the company to pursue the formation and initial public offering of a publicly
Amazing Energy completes WWJD#14 wellJun 18, 2015Amazing Energy Oil & Gas Co. continues to drill within its 70,000 acre leasehold in the Permian Basin in Pecos County, Texas, with the drilling
Seadrill Limited agrees to sell West Polaris to Seadrill Partners LLCJun 18, 2015Seadrill Limited has entered into an agreement with Seadrill Operating LP (Seadrill Operating), the 58% owned subsidiary of Seadrill Partners LLC
Seawork Innovation showcase hosts unique RockFLEET vessel tracking systemJun 18, 2015The recently launched RockFLEET vessel tracking system has been selected by the Seawork International 2015 organisers as part of the popular
Austin considers sale of oil and gas property in Burleson CountyJun 17, 2015Austin Exploration has engaged Meagher Energy Advisors to conduct a tender process for a potential sale of the Company's Birch project
Citation successfully drills North Chapman Ranch RB #2 wellJun 17, 2015Citation Resources Limited is pleased to advise that the Russel Bevly #2 well has successfully drilled ahead to its first casing point
J2 Subsea opens new subsea tooling facility in HoustonJun 17, 2015J2 Subsea, an Acteon company, has opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea
Platts JKM™ for July-delivered LNG plunged 41.3% from year ago on poor demandJun 17, 2015Prices of spot liquefied natural gas (LNG) for July delivery to northeast Asia averaged $7.600 per million British thermal units (/MMBtu),
Halliburton introduces Illusion® Frac PlugJun 17, 2015Halliburton’s Completion Tools business line introduced the Illusion® frac plug, the only fully dissolvable frac plug on the market.
Contango Oil and Gas makes discovery at Elliott #1H wellJun 16, 2015Contango Oil & Gas Company announced the discovery and successful completion of the Elliott #1H well (80% WI) in the
Canamax enters into strategic business combination with Powder Mountain EnergyJun 16, 2015Canamax Energy Ltd. has entered into an arrangement agreement with Powder Mountain Energy Ltd. to acquire all of the common shares
CNL Software appoints James Condron to Global VP Sales & MarketingJun 16, 2015CNL Software is strengthening its Senior Management Team and Board with the promotion of James Condron to Global VP Sales & Marketing.
Teekay LNG signs charter contracts with BP for up to two LNG carrier newbuildsJun 16, 2015Teekay LNG Partners L.P. has entered into a 13-year time-charter contract with BP Shipping Limited for one Liquefied Natural Gas carrier
Tamarack Valley closes $43.4 million Wilson Creek Cardium asset acquisitionJun 16, 2015Tamarack Valley Energy Ltd. has successfully completed its previously announced acquisition of certain assets located in the greater Wilson Creek
Galilee Energy updates testing at Hoffer B1 well, TexasJun 16, 2015Galilee Energy Limited provides an update on testing at the Hoffer B1 well located in Lavaca County, Texas.
Magellan Petroleum appoints Antoine J. Lafargue as new CFOJun 15, 2015Magellan Petroleum Corporation says that its Board has appointed Antoine J. Lafargue as the Company's new Senior Vice President - Chief Financial Officer,
Rex Energy declares initial well results in the Moraine East areaJun 15, 2015Rex Energy Corporation provided initial production test results from the company's first two wells in the Moraine East Area, the Renick 2H (Marcellus)
TransCanada reaches significant milestone Pacific NorthWest LNGJun 15, 2015TransCanada Corporation says that its Prince Rupert Gas Transmission Project (PRGT) has reached an important milestone with
Rockefeller Hughes closes the sale of its acreage in its Halo ProjectJun 15, 2015Rockefeller Hughes Corporation provided the following Company and operational update on its activities in its Halo Project, located
Hess agrees to sell 50% interest in its Bakken midstream assetsJun 15, 2015Hess Corporation has agreed to sell a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash
IEA releases oil market report for JuneJun 15, 2015Global oil supplies fell by 155 000 barrels per day (155 kb/d) in May to 96 million barrels per day (mb/d) on lower non-OPEC output, but remained at a steep 3 mb/d above the level of May 2014, the IEA Oil Market Report (OMR) for June informed subscribers. Annual growth slowed marginally from March and April and remained roughly split between non-OPEC and OPEC countries. The June issue raised the forecast of non-OPEC supply growth for 2015 by 195 kb/d to 1 mb/d.
