Woodside Petroleum discovers gas offshore MyanmarJan 4, 2016Woodside declares that the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin, located in the western offshore area of Myanmar, has intersected a gross gas column of approximately 129 m. Approximately 15 m of net gas pay is interpreted within the primary target interval. The well reached the planned original total depth (TD) of 4810 m, referenced from the rig rotary table. Following drilling, wireline logging was conducted and confirmed the presence of a gas column through pressure measurements and gas sampling. The well was subsequently deepened to a final TD of 5306 m.
Swift Energy and Texegy enters into Central Louisiana property transactionJan 4, 2016Swift Energy Company says that U.S. subsidiaries of the Company and Texegy LLC have entered into a purchase and sale agreement (the “PSA”) providing for the Company
PKN ORLEN complets merger of Kiwi Acquisition with FX EnergyJan 4, 2016Polski Koncern Naftowy ORLEN S.A. (PKN ORLEN) has completed the merger (the “Merger”) of its indirectly wholly owned subsidiary, Kiwi Acquisition Corp. (Merger Sub),
Questfire Energy Corp lifts production restrictions at Open Lake propertyJan 4, 2016Questfire Energy Corp. says that production curtailments due to Nova Gas Transmission (NGTL) restrictions at the Corporation's core Open Lake property in West Central Alberta have
Manitok Energy closes first tranche of its brokered private placementJan 4, 2016Manitok Energy Inc. has closed the first tranche of its previously announced best-efforts private placement offering of common shares (the "Common Shares") in the capital
Independent Oil and Gas gets extension of Cronx licenceJan 1, 2016Independent Oil and Gas reports that the Oil and Gas Authority has extended the Cronx licence by one year to 9 January 2017. IOG has also agreed to extend the Sale and
Jura Energy enters into a secured long term syndicated Islamic facilityJan 1, 2016Jura Energy Corporation reveals that its wholly-owned subsidiary, Spud Energy Pty Limited (SEPL), has entered into a secured long term syndicated financing arrangement
Marksmen Energy completes first closing of private placementJan 1, 2016Marksmen Energy Inc. has completed the first closing of its previously announced non-brokered private placement for 1,570,000 common shares (the "Common Shares") of
NuStar and ConocoPhillips loading their first export cargo of U.S. crude oilJan 1, 2016On the heels of the U.S. government's recent lifting of the federal ban on the export of crude oil produced in the United States, NuStar Energy and ConocoPhillips are loading
Cheniere Energy appoints Neal Shear as Interim President and CEOJan 1, 2016Cheniere Energy, Inc., along with subsidiaries Cheniere Energy Partners, L.P. and Cheniere Energy Partners LP Holdings, LLC, declared that its Board of Directors has
Lucas Energy to acquire Hunton propertiesJan 1, 2016Lucas Energy, Inc. has signed a purchase agreement to acquire, from 21 different entities and individuals, working interests in producing properties and undeveloped
Buru Energy encounters oil shows at Ungani Far West 1 wellJan 1, 2016Buru Energy Ltd. says that since the last progress report, the well has been drilled ahead in 6.125 inch (156 millimeter) hole to current depth at 06:00 hrs of 7,234 feet (2,205
Genel Energy to plug and abandon Aigle-1X exploration wellJan 1, 2016Genel Energy says that the Aigle-1X exploration well on the CI-508 licence offshore Côte d'Ivoire (Genel 24% working interest) is in the process of being plugged and abandoned
Lundin makes minor gas discovery on the Finnmark platformJan 1, 2016Lundin Norge AS, operator of production licence 708, is in the process of concluding the drilling of wildcat well 7130/4-1. The well is being drilled about 85 kilometres north-east of
Wood Group confirms appointment of CEOJan 1, 2016Wood Group confirms the appointment of Robin Watson as Chief Executive Officer from 1 January 2016, following Bob Keiller who has stepped down as CEO and from the Board.
Keppel Offshore & Marine secures contracts worth S$125 million from repeat customersJan 1, 2016Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries continue to win strong support from repeat customers by securing four contracts worth a total of about S$125 million. In Singapore, Keppel O&M's wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) secured two conversion contracts - the first is for a Liquefied Natural Gas (LNG) Floating Storage Unit (FSU) vessel awarded by Armada Floating Gas Storage Limited, a wholly-owned subsidiary of Bumi Armada Berhad
Jericho Oil to raise $6.929 million in private placementDec 31, 2015Jericho Oil Corporation is proceeding with a non-brokered private placement (the "Offering") of approximately 17,323,610 units at a price of $0.40 per unit to raise total
Subsea 7 awarded contract offshore EgyptDec 31, 2015Subsea 7 S.A. has been awarded a sizeable contract by Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development
New Wärtsilä power plant to halve carbon emissions at Minnesota utility siteDec 31, 2015Wärtsilä will supply a 47 MW Smart Power Generation power plant to Rochester Public Utilities (RPU) in Minnesota, USA. The order includes five Wärtsilä 34SG engines running
Stonehaven Exploration closes private placementDec 31, 2015Stonehaven Exploration Ltd. has closed its previously announced non-brokered private placement offering through the issuance of 3,642,530 common shares of the Company
Polaris Infrastructure completes drilling production well SJ6-3Dec 31, 2015Polaris Infrastructure Inc. says that its wholly owned subsidiary, Polaris Energy Nicaragua, S.A., recently completed drilling well SJ6-3, the first of three new production wells for the San Jacinto project.
Lundin Petroleum completes the Ørnen exploration wellDec 31, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling and evaluation of exploration well 7130/4-1 on the Ørnen prospect.
Statoil reports fatality on board COSL rigDec 31, 2015It is with great sadness that Statoil and COSL have received confirmed information from the police that one person has died as a result of the breaking wave that hit the drilling rig
Range Resources closes Nora asset saleDec 31, 2015Range Resources Corporation has completed the sale of its Nora assets. After purchase price adjustments based upon a November 1st effective date, Range received
