Cub Energy to exercise first refusal to purchase remaining 70% interest in KUBGAS HoldingsJan 8, 2016Cub Energy Inc. says that its wholly-owned subsidiary, Gastek LLC, has exercised its right of first refusal to acquire from Serinus Energy Inc. the remaining 70% of KUBGAS Holdings
Emerald Bay Energy partners with Alliance Petroleum InterestsJan 8, 2016Emerald Bay Energy Inc. has made partnership with Alliance Petroleum Interests on a new well development program in South Texas. Alliance is a privately owned and operated oil and gas company
Frontier Resources gets renewed exploration licence for Block 34, ZambiaJan 8, 2016A four year exploration licence was granted on 25 March 2011 to Frontier over Block 34 located in the Kafue Trough in southwestern Zambia, which covers an area of approximately
Buru Energy continues drilling operations at Ungani Far West 1 wellJan 8, 2016Buru Energy Limited says that since the last progress report, the Ungani Far West 1 well has been drilled ahead in 6-1/8' (156mm) hole to the current depth of 2,316 metres in the
Aquatic achieves 1 million working hours without a single Lost Time IncidentJan 8, 2016Aquatic Engineering & Construction Ltd, an Acteon company, has marked 1 million working hours without a single Lost Time Incident (LTI). This milestone follows on from Aquatic’s
Borets names Langley as North American HSE ManagerJan 8, 2016Borets has named David Langley as North American HSE manager. Based at Borets’ US corporate office in Houston, Langley will be responsible for developing
MDU Resources appoints Chief Information OfficerJan 8, 2016MDU Resources Group Inc. has named Peggy A. Link as chief information officer, effective Jan. 1. Peggy has extensive knowledge in the information technology arena
Energean’s oil production from Prinos increasesJan 8, 2016Energean Oil & Gas has successfully completed the drilling of well PA-35A in Prinos, which has come on stream on December 27th, 2015. The well was drilled with the Energean Force,
Optimarin says stringent UCSG BWT standards must be front for mind for shipowners in 2016Jan 8, 2016As of 1 January 2016 vessels are no longer able to discharge ballast in US waters unless their ballast water treatment (BWT) systems are compliant with stringent demands from the USCG.
Yangarra estimates 2,600 boe/d of production in Fourth quarter 2015Jan 8, 2016Yangarra Resources Ltd. says its fourth quarter 2015 production is estimated to be 2,600 boe/d, with two new wells (one 1.0 mile and one 1.5 mile) expected to be on-stream in January
Crescent Point Energy declares 2016 capital expenditures planJan 8, 2016Crescent Point Energy Corp. has declared its capital expenditures plans for 2016. Crescent Point expects to spend between $950 million and $1.3 billion to target an
EMGS releases vessel update and activity for the fourth quarter 2015Jan 8, 2016Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as
MX Oil update on awarded Mexican onshore concessionsJan 8, 2016MX Oil gives details on the four Land Contract Areas it was awarded, alongside its local partner Geo Estratos, during the third phase of the Bid Round 1 Licensing Round for onshore
Bankers achieves a production average of 18,137 bopd in Q4 2015Jan 8, 2016Bankers achieved a fourth quarter 2015 production average of 18,137 bopd. The 2015 annual production average is 19,384 bopd, compared to average production of 20,690 bopd
President Energy completes two workovers on Argentina assetsJan 8, 2016President Energy says that the two workovers at the Dos Puntitos Field, Puesto Guardian Concession, have now been completed on budget.
TGS issues guidlinees for 2016Jan 8, 2016Based on a preliminary review of sales and investments, TGS provides the following update on Q4 2015: The weak market conditions are expected to continue in 2016.
EIA says gasoline stocks jump 10.576 million barrelsJan 8, 2016U.S. gasoline stocks soared 10.576 million barrels to 231.996 million barrels in the week that ended Friday, U.S. Energy Information Administration (EIA) data showed Wednesday.
Wood Group wins PetroRio contract in BrazilJan 8, 2016Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract, which is effective immediately.
Atlantic Petroleum declares December 2015 productionJan 7, 2016P/F Atlantic Petroleum says that during the month of December, Atlantic Petroleum produced a net total of 25,000 barrels of oil equivalents (boe) from the Chestnut field.
Maersk Training and eDrilling team up to enhance drilling operations and reduce costsJan 7, 2016With the oil and gas industry looking to save cost, improve safety, and increase efficiency of operations, Maersk Training and eDrilling formed a partnership aimed at assisting
Faroe Petroleum declares results of technical reportJan 7, 2016Faroe Petroleum declares the independent technical report by Senergy (GB) Limited. LR Senergy have completed their independent technical report on
Enterprise Products Partners elects board of directors of Enterprise Products HoldingsJan 7, 2016Enterprise Products Partners L.P. has declared the election of directors constituting the board of its general partner, Enterprise Products Holdings LLC. Richard H. Bachmann was elected
Drydocks World celebrates a five star grading from the British Safety CouncilJan 7, 2016Drydocks World has received a five star rating from the British Safety Council for the Occupational Health and Safety.
Moore Stephens says shipping will remain volatile and indispensable in 2016Jan 7, 2016International accountant and shipping adviser Moore Stephens says it expects the shipping industry to remain volatile and indispensable in 2016.
