88 Energy advance as Icewine well reaches “critical juncture”
Dec 15, 2015
88 Energy shares advanced on Monday morning after the company told investors that its drill programme at the Icewine project, onshore Alaska, had reached a “critical juncture”.

Mitsubishi makes final investment decision on Greater Western Flank Phase 2
Dec 14, 2015
Mitsubishi Corporation and Mitsui & Co., Ltd. are pleased to announce that the North West Shelf Project (NWS Project), in which Japan Australia LNG (MIMI) Pty. Ltd. ('MIMI', a Mitsubishi and

MYCELX Technologies provides trading update
Dec 14, 2015
MYCELX Technologies Corporation, the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update on its 2015

Select Sands closes previously announced private placement
Dec 14, 2015
Select Sands Corp. announced that there will be no further closings under its previously announced private placement. On November 12, 2015 the Company has announced that

Steam Oil Production Company to acquire Elke and Narwhal discoveries
Dec 14, 2015
The Steam Oil Production Company has entered into a sale and purchase agreement with EnQuest Heather Ltd to acquire a 100% interest in Licence P1996, made up of blocks

ConocoPhillips announces 2016 operating plan and capital budget of $7.7 billion
Dec 14, 2015
ConocoPhillips announced its 2016 operating plan. Key highlights from the plan include: $7.7 billion capital budget;1 to 3 percent production growth, adjusted for asset sales; and

Cenovus Energy declares 2016 budget
Dec 14, 2015
Cenovus Energy Inc. expects to invest between $1.4 billion and $1.6 billion in 2016. While allowing for the planned completion of well-advanced oil sands growth projects in 2016,

Raging River Exploration to acquire Viking light oil assets
Dec 14, 2015
Raging River Exploration Inc. has entered into a definitive agreement to acquire Anegada Energy Corp., a privately held corporation with 2,750 boe/d of high quality Viking light oil

Pine Cliff Energy closes $185 million strategic acquisition
Dec 14, 2015
Pine Cliff Energy Ltd. has closed its previously announced acquisition of certain natural gas weighted assets (the "Assets") in the Viking area of Central Alberta and Ghost Pine

Statoil and Repsol announce transactions in Norway, UK, US and Brazil
Dec 14, 2015
These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. “We are delighted to be deepening our relationship with Repsol. In the current challenging market environment, these are innovative, value-enhancing transactions which will help control costs and strengthen Statoil’s portfolio for the long term”, said John Knight, Statoil’s Executive Vice-President for Global Strategy & Business Development.

Dolphin Geophysical provides update on restructuring
Dec 11, 2015
Group ASA ("Dolphin" or the "Company" and together with its subsidiary Dolphin Geophysical AS") regarding a restructuring of the Group's debt and capital structure (the "Restructuring").

Repsol reduces its financing costs by 65 million dollars a year
Dec 11, 2015
Repsol, through its subsidiary Talisman Energy, announced the purchase, with a discount of 14.5%, of 1.5 billion dollars of face value in Talisman bonds today, corresponding to five issues expiring in

Touchstone Exploration updates Trinidad acquisition
Dec 11, 2015
Touchstone Exploration Inc. announces an update to its Trinidad acquisition and reports on discussions with its lender on a review of certain credit facility covenants.

Chevron declares $26.6 billion capital and exploratory budget for 2016
Dec 11, 2015
Chevron Corporation announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is

Baytex announces 2016 budget and amendments to bank credit facilities
Dec 11, 2015
Baytex Energy Corp. says that its Board of Directors has approved a 2016 capital budget of $325 to $400 million, which is designed to generate average annual production of 74,000 to 78,000 boe/d.

Gibsons declares 2016 growth capital expenditure budget of $200 Million to $300 Million
Dec 11, 2015
Gibson Energy Inc. says that its Board of Directors has approved a 2016 growth capital expenditure budget ranging between $200 million and $300 million. Additionally, the Board of Directors approved $50 million

Parsley Energy to acquire certain properties in Midland Basin
Dec 11, 2015
Parsley Energy, Inc. has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties located adjacent to the Company's existing operating areas in Upton,

Wood Group issues pre-close trading update for the year to 31 December 2015
Dec 11, 2015
John Wood Group PLC, issues the following pre-close trading update for the year to 31 December 2015. Full year results will be announced on 23 February 2016.

Freeport-McMoRan declares further reduction in capital spending
Dec 10, 2015
Freeport-McMoRan Inc. announced additional actions in response to market conditions, including further revisions to its oil and gas capital spending plans, additional curtailments in copper and molybdenum production

BP to acquire additional interest in the West Nile Delta project
Dec 10, 2015
BP Egypt has completed its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP's working interest in both concessions of the West Nile Delta project to 82.75 per cent. The West Nile Delta project agreement, concluded in March 2015, involves the development of 5 trillion cubic feet of gas resources and 55 million barrels of condensates.

Petro River to acquire Horizon I Investments, LLC
Dec 9, 2015
Petro River Oil Corp. has entered into a purchase agreement to acquire Horizon I Investments, LLC (Horizon Investments) in an all stock deal.

NovaSeis signs joint venture MoU with Northbridge Energy
Dec 9, 2015
San Leon Energy announces an update on NovaSeis, its seismic subsidiary. NovaSeis, the Company’s 100%-owned subsidiary, has signed a Memorandum of Understanding (MoU) with Northbridge Energy Ltd

CWC Energy Services declares 2016 capital expenditure budget
Dec 9, 2015
CWC Energy Services Corp. says that the Board of Directors has approved a 2016 capital expenditure budget of $2.6 million comprised entirely of maintenance and infrastructure capital related to recertifications

Yoho Resources to sell certain Duvernay assets for $50 million
Dec 9, 2015
Yoho Resources Inc. has entered into a definitive agreement to sell a portion of its Duvernay assets in the Kaybob area of Alberta (the "Subject Assets") for cash consideration of $50 million (prior to adjustments)