Statoil successful bid for new licences offshore East Coast CanadaNov 13, 2015Statoil and its partners were the successful bidders for six exploration licences in the Flemish Pass Basin, offshore Newfoundland, and two licences offshore Nova Scotia.
Strata-X Energy closes placement raising A$563,000Nov 13, 2015The Directors and management of Strata-X Energy Ltd. says that the Company has closed the private placement as announced on October 19, 2015. The private placement (Placement)
Mart Resources amends arrangement agreement with Delta OilNov 13, 2015Mart Resources, Inc. says that Mart and Delta Oil Nigeria B.V. (Delta) have jointly agreed, pursuant to the terms of an amending agreement (the "Amending Agreement") to amend the terms
Suncor Energy sends letter to Canadian Oil Sands shareholdersNov 13, 2015Suncor is sending a letter to shareholders of Canadian Oil Sands Limited (COS). The letter explains why COS shareholders should disregard a recommendation from the Board of COS opposing
Encana completes sale of its Haynesville natural gas assetsNov 13, 2015Encana Corporation (Encana) says that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its Haynesville natural gas assets, located in northern
Global Petroleum granted licence extension in Walvis BasinNov 13, 2015Global Petroleum Limited says that its wholly owned subsidiary, Jupiter Petroleum (Namibia) Limited , has agreed with the Namibian Ministry of Mines and Energy a First Renewal Period of 24
Pilot Enery confirms payments to be received by Royale EnergyNov 12, 2015Pilot Energy Ltd says that, further to the Company's announcement of 28 October 2015, Royale Energy Inc. has announced a sale of its 100% interest in the Western Block to an undisclosed third party.
Deed of Undertaking concerning hybrid capital security due 3015Nov 12, 2015Further to DONG Energy’s announcement on 27 October 2015, where DONG Energy communicated that it was looking into possible ways to re-establish the ‘Intermediate’ (50%) equity content of its outstanding
Far East Energy ceases all operations and commences bankruptcy proceedingsNov 12, 2015Far East Energy Corporation has ceased operations and commenced bankruptcy proceedings by filing a voluntary petition for relief under provisions of Chapter 7 of Title 11 of the United States Code to
Anadarko issues statement on offer to acquire Apache CorporationNov 12, 2015Anadarko Petroleum Corporation announced the following statement from Chairman, President and CEO Al Walker: 'We constantly strive to make Anadarko a better company. As part of these efforts to enhance
TransGlobe Energy Corporation announces 2016 capital guidanceNov 12, 2015TransGlobe Energy Corporation says that its Board of Directors has approved a capital budget of $41 million for 2016 and declared a quarterly dividend of US$0.025 per common share, which will be paid in cash
Aquila Capital agrees to acquire Småkraft ASNov 12, 2015Germany based Aquila Capital has agreed to acquire Småkraft AS, Norway's largest operator of small-scale hydropower plants, from owners Statkraft, Agder Energi, BKK, and Skagerak Energi.
MOL Group acquires Eni’s downstream business in SloveniaNov 12, 2015MOL signed an agreement with Eni International B.V. for the acquisition of the entire share capital of Eni Slovenia doo., a company managing 17 Agip branded service stations in Slovenia.
Azinor Catalyst signs farm-in agreement with Xcite EnergyNov 12, 2015Azinor Catalyst has signed an agreement with Xcite Energy Resources plc, a wholly owned subsidiary of Xcite Energy Limited, to acquire a 40% working interest in Licence P.1979, containing Blocks 9/4a,
Suncor closes purchase of WI in Fort Hills oil sands projectNov 11, 2015Suncor Energy has successfully closed the previously announced purchase of an additional 10 per cent working interest in the Fort Hills oil sands project from Total E&P Canada Ltd.
Callon Petroleum acquires additional working interest in core fieldsNov 11, 2015Callon Petroleum Company has acquired additional working interests in the Carpe Diem and Casselman-Bohannon fields in the Central Midland Basin for an approximate aggregate price of $29.5 million in cash.
Pine Cliff to acquire certain natural gas weighted assets for $185 millionNov 11, 2015Pine Cliff Energy Ltd. has entered into an agreement with a senior oil and gas producer to acquire certain mainly natural gas weighted assets in the Viking area of Central Alberta and Ghost Pine area of Central Alberta
Africa Oil enters into farm-out deal with Maersk OilNov 10, 2015Africa Oil Corp. has entered into a definitive farmout agreement with Maersk Oil & Gas A/S, a Danish oil and gas company owned by the Maersk Group whereby Maersk will acquire
Tata Steel forms partnership with IDC in the Middle EastNov 10, 2015Tata Steel has strengthened its links in the Middle East through the formation of a partnership with International Development Company (IDC) in the region.
SacOil joins consortium to develop Equatorial Guinea's Bioko oil terminalNov 10, 2015South African oil and gas company SacOil will join the consortium of Taleveras Group, Gunvor Group and the Strategic Fuel Fund in developing the Bioko Oil Terminal tank farm
Penn West closes sale of 9.5% WI in Weyburn Unit for $205 millionNov 10, 2015Penn West Petroleum Ltd. has closed the sale of its non-operated 9.5% working interest in the Weyburn Unit in Southeast Saskatchewan for cash consideration of approximately $205 million.
Long Run Exploration amendments to proposed private placementNov 10, 2015Long Run Exploration Ltd. says that due to current market conditions, Long Run has amended the terms of its previously announced private placement with Maple Marathon Investments Limited
Canadian Natural Resources and PrairieSky Royalty announce combinationNov 10, 2015Canadian Natural Resources Limited and PrairieSky Royalty Ltd. have entered into an agreement to combine their royalty businesses, unifying two of the
Statoil ASA reduced equity share at Agbami following redeterminationNov 9, 2015Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria. Assuming implementation, this calculation will result in a reduction
