Orca enters into loan agreement with IFCNov 2, 2015Orca Exploration Group Inc. has entered into a loan agreement with International Finance Corporation (IFC), a member of the World Bank Group,
Traverse Energy closes private placement financingOct 30, 2015Traverse Energy Ltd. has successfully closed its previously announced non-brokered private placement (the "Private Placement") of common shares
Rosneft and ExxonMobil declared winners of the Mozambique License RoundOct 30, 2015RN-Exploration (100% Rosneft subsidiary) and ExxonMobil Exploration and Production Mozambique Offshore Limited were declared winners for 3 blocks
Genel Energy to sell interest in Chia Surkh PSCOct 30, 2015Genel Energy plc is pleased to announce the sale of a 20% participating interest in the Chia Surkh Production Sharing Contract to Petoil Inc.
Bonterra Energy Corp. provides corporate updateOct 30, 2015Bonterra Energy Corp. is pleased to provide a corporate update with regard to its credit facilities, maintaining its $0.15 monthly dividend per common
Saturn Minerals granted license for oil exploration well at Bannock CreekOct 30, 2015Saturn Minerals Inc. has been granted a License under the Oil and Gas Conservation Act, Province of Saskatchewan, to drill an oil exploration
Statoil to explore offshore South AfricaOct 30, 2015Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right. “This opportunity is in line with Statoil’s exploration strategy of access at scale. It represents access into a frontier basin where we believe we see indications of an active petroleum system and which has impact potential,” says Nick Maden, senior vice president for Statoil's exploration activities in the Western Hemisphere.
Ashtead Technology invests $300,000 in New Underwater TechnologyOct 29, 2015Ashtead Technology has invested over $300,000 in the latest generation of visual inspection tools for deep sea exploration.
Statoil ASA: 2015 third quarter resultsOct 29, 2015Statoil delivered adjusted earnings of NOK 16.7 billion and adjusted earnings after tax of NOK 3.7 billion in the third quarter. Statoil reported
Minesto attracts additional 145 MSEK and gets 2,500 new shareholdersOct 28, 2015Marine energy company Minesto, raises another 145 MSEK and gets circa 2,500 new shareholders as a new share issue has been completed to the public in Sweden,
EXCO Resources closes second lien term loansOct 28, 2015EXCO Resources, Inc. has closed the funding of its previously announced 12.5% Senior Secured Second Lien Term Loan in the aggregate principal amount of $300 million
MEG Energy significantly reduces overall cost structureOct 28, 2015MEG Energy Corp. reported third quarter 2015 operating and financial results. Highlights include:Net operating costs of $9.10 per barrel, supported by record-low non-energy operating costs of $5.98 per barrel in
Providence commences farm-out process in the Spanish Point areaOct 28, 2015Providence Resources provides an update on the Spanish Point area in the northern Porcupine Basin, offshore west of Ireland. The Spanish Point area includes Frontier
Serica Energy to acquire interest in Columbus field extensionOct 28, 2015Serica Energy plc says that agreement has been reached with BG International Limited and SSE E&P UK Limited for BG and SSE to transfer their equity in that part of Block
Unique Group acquired OceanwideOct 27, 2015Unique Group has acquired Oceanwide Safety at Sea in a deal that joins two global leaders in the diving industry. Oceanwide is market leading in the design, construction and maintenance of
African Petroleum Corporation completes equity placementOct 26, 2015African Petroleum has completed the private placement, raising NOK16.5m (c $2m). This capital injection allows the company to continue to fund itself, while
Northcote Energy to purchase additional interest in Shoats CreekOct 26, 2015Northcote has entered into an agreement with Springer Oil & Gas, LLC, its partner in the acquisition of the Shoats Creek Field, whereby Northcote has agreed
New World Oil and Gas gets twelve month extension to Blue Creek project PSAOct 26, 2015New World Oil and Gas says that following a meeting with the Minister of Energy in Belize, the Company has negotiated a 12 month extension to its Production
TGS acquires Digital PetrodataOct 26, 2015TGS announced that its Geological Products division purchased all the outstanding shares of Digital Petrodata LLC. Digital Petrodata, established in 2005, is a small GIS technology company based
Citation Resources to retain 10% interest in Latin American ResourcesOct 26, 2015Citation Resources Limited has reached an in principle agreement with Latin American Resources Limited whereby the Company will reduce to a 10% finance
Australia Pacific LNG to defend Tri-Star actionOct 24, 2015Australia Pacific LNG Pty Ltd. says that Tri-Star entities (Tri-Star) have served the company with a statement of claim in relation to the 2002 sale and
Gazprom announces adjusted Investment Program for 2015Oct 24, 2015The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2015.
Trinity sells onshore assets to Touchstone Exploration for $20.8 millionOct 22, 2015Trinity has entered into an agreement to sell its interests in the WD-2, WD-5/6, WD-13, WD-14 and FZ-2 licences and related fixed assets
Long Run Exploration provides update on proposed private placementOct 21, 2015Long Run Exploration Ltd. sas that the special meeting of Long Run shareholders initially planned for November 12, 2015 (Proposed Special Meeting)
