SacOil withdraws participation in OPL 233May 20, 2015SacOil shareholders ('Shareholders') are advised that, in line with SacOil's strategy to focus on proven resources as a basis for growth, the Company
Solid first annual results for DNV GLMay 20, 20152014 was the first full financial year of the DNV GL Group AS (DNV GL) following the merger between DNV and GL. “While both managing the ambitious
LNG Ltd completes $174 million capital raisingMay 20, 2015Liquefied Natural Gas Limited announces a placement of 40 million fully paid ordinary shares in the capital of LNGL, which has raised
Chariot terminates farm-out agreement with AziLatMay 20, 2015Chariot Oil & Gas Limited says that the farm-out agreement with AziLat Limited ('AziLat') on the BAR-M-292, BAR-M-293, BAR-M-313 and
FEI and Weatherford enteres into a joint agreementMay 19, 2015FEI and Weatherford Laboratories have entered into a joint agreement to offer advanced reservoir characterization services to the oil and gas industry.
Ramba secures more funds for West Jambi exploration programMay 19, 2015The Board of Directors of Ramba Energy Limited says that an investment agreement has been entered into between (i) Ramba Energy Exploration
Pacific Energy Development closes public offering of common stockMay 19, 2015Pacific Energy Development has closed its previously disclosed underwritten public offering of 5,600,000 shares of its common stock. In connection with the offering,
Nostra Terra acquire interest in 35,000 acre prospect in South TexasMay 19, 2015Nostra Terra has acquired a 1% working interest in the San Miguel Prospect, comprising 35,000 acres in South Texas. This acquisition shares similar characteristics to
Statkraft launches venture capital unit to partner with dynamic start-upsMay 19, 2015Statkraft Ventures GmbH will invest up to 10 million EUR per annum in energy related start-ups. Dr Matthias Dill has been appointed as managing director.
JKX Oil & Gas gets Elizavetovskoye production licence extensionMay 19, 2015JKX Oil & Gas plc (JKX) is pleased to announce the award by the Ukrainian authorities of a significant areal extension to its Elizavetovskoye production licence
Lundin secures production license in Northern Caspian SeaMay 19, 2015Lundin Petroleum says that Rosnedra, the Russian licensing authority has issued a production licence for Morskaya field located within the
Rosneft becomes the holder of 100% of the Solimoes projectMay 19, 2015Rosneft Brasil has signed the Rosneft Brasil transaction to acquire PetroRio’s 55% in the Solimões project. Closing will follow formal approval
Parkmead raises US$21.1 million to accelerate opportunitiesMay 19, 2015Parkmead has raised approximately US$21.1 million (£13.44 million) through a placing of 11,200,000 new Ordinary Shares (the 'Placing Shares'
Tethys Petroleum closes US$7.5 million convertible loanMay 18, 2015Tethys Petroleum Limited has signed and closed a binding agreement for a US$7.5 million convertible loan facility. Financing: Unsecured convertible loan facility
Victory Energy terminates proposed business combination with Lucas EnergyMay 18, 2015Victory Energy Corporation will not proceed with the proposed business combination (the "Merger") with Lucas Energy, Inc. (Lucas), which
Icon Energy declares new exploration program in the Cooper-Eromanga BasinMay 18, 2015Icon Energy has announced the renewal of ATP 594 by the Department of Natural Resources and Mines, with a grant date of 17 April 2015.
Erin Energy receives government approval for license extension in The GambiaMay 18, 2015Erin Energy Corporation has received executive approval to extend the initial exploration period for blocks A2 and A5 in The Gambia by 24 months
EnQuest increases 20% production at the end of April 2015May 18, 2015Production averaged 30,768 Boepd for the four months to the end of April 2015, up 20.2% on the same period in 2014. Full year 2015 production
MEO renews AC/P50 & AC/P51 permits, offshore AustraliaMay 18, 2015MEO Australia has accepted an offer from the National Offshore Petroleum Titles Administrator (NOTPA) to renew the AC/P50 and AC/P51 exploration
Cape plc acquires Redhall EngineeringMay 15, 2015Cape plc has acquired Redhall Engineering Solutions Limited, for a total consideration of £6 million. The acquisition will be funded from the
WHL Energy enters Good Standing Agreement regarding WA-460-P exploration permitMay 15, 2015Australian energy company WHL Energy Limited says that following a submission in December 2014 to the Commonwealth-Western Australia
AWE Ltd. secures $326 million loan facilityMay 15, 2015Australia's AWE Limited disclosed that a new four-year, $326 million (AUD 400 million) secured multicurrency syndicated bank loan facility
Oilex Joint Venture JPDA 06-103's request to terminate PSC rejectedMay 14, 2015Oilex Ltd, in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area 06-103 Production Sharing Contract,
Calvalley Petroleum successfully completes restructuring and liquidationMay 14, 2015Calvalley Petroleum Inc. has successfully completed its previously announced restructuring and liquidation of the Company pursuant to a plan of