Nostra Terra Oil & Gas begins expansion in South TexasApr 28, 2015Nostra Terra has acquired a 1% working interest in a 20,000 acre prospect in South Texas. Nostra Terra has acquired the interest with plans to acquire additional interests if appropriate.
INPEX acquires participating interest in ADCO onshore concessionApr 28, 2015INPEX Corporation has acquired a 5% participating interest in the ADCO Onshore Concession in Abu Dhabi. The acquisition is based on a 40-year agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) effective January 1, 2015, following INPEX's participation in a bid
CNOOC Limited announces key operational statistics for Q1 2015Apr 27, 2015Total net production in the first quarter of 2015 increased 9.4% year over year (YoY) to 118.3 million barrels of oil equivalent (BOE), primarily due
Bayhorse Silver receives Bannock Creek permits to drill first Williston Basin oil wellApr 27, 2015Bayhorse Silver Inc. advises that Saturn Minerals Inc. has been granted a Permit & License under the Oil and Gas Conservation Act, Province of
Metgasco vindicated by Supreme Court decisionApr 27, 2015Metgasco Limited welcomed the decision by the New South Wales Supreme Court to reinstate its right to drill the Rosella E01 well.
Enterprise Products wins verdict against Energy Transfer Partners in HoustonApr 27, 2015A Houston district court jury has found that Dallas-based Energy Transfer Partners LP (ETP) breached its contract with competitor Enterprise Products
Canacol Energy enters into US$ 200 million long-term secured credit agreementApr 27, 2015Canacol Energy Ltd. has entered into a credit agreement for a US$ 200 million senior secured term loan with a syndicate of banks led by BNP Paribas
Rockdale Resources to acquire working interest in a Historical Oklahoma oil fieldApr 27, 2015Rockdale Resources Corporation has signed a Letter of Intent (LOI) with Houston based SUDS Properties, LLC (SPL), whereby Rockdale will
Ithaca Energy to sell Norwegian subsidiary for $60 millionApr 27, 2015Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS, for an initial consideration of
PRD Energy provides operational update and 2015 outlookApr 24, 2015PRD Energy Inc. announces filing of its financial statements as at and for the year ended December 31, 2014, and provides an operational update
BP agrees sale of CATS business to Antin Infrastructure PartnersApr 24, 2015BP has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners
Connacher Oil obtains final court order on recapitalisation plansApr 24, 2015On January 30, 2015 Connacher Oil and Gas Limited announced a proposed recapitalization transaction (the 'Recapitalization') aimed at significantly
TGS announces Q1 revenues of USD 172 millionApr 24, 2015TGS reported net revenues of USD 172 million in Q1 2015, compared to USD 222 million in Q1 2014. Net late sales were weaker than anticipated
WA-424-P permit secondary term work programme variationApr 24, 2015IPB Petroleum (IPB) has entered the Secondary Term of its WA-424-P exploration permit as Operator with a 100% working Interest. The company
BPZ Energy provides Albacora field updateApr 24, 2015BPZ Energy continues to operate under provisions of Chapter 11 of the United States Bankruptcy Court Code while it seeks additional financing.
Alvopetro provides operational update, updated 2015 capital planApr 24, 2015Alvopetro Energy Ltd. is pleased to provide an operational update, our updated 2015 capital plan, announce our fourth quarter 2014 and year-end
MCW Energy Group to sell certain assets of MCW FuelsApr 24, 2015MCW Energy Group Limited announces the closing by its indirect wholly owned subsidiary, MCW Fuels, LLC (formerly MCW Fuels, Inc.) (MCW Fuels),
Sterling Energy disputes expiration of first renewal period at Ntem ConcessionApr 24, 2015Sterling Energy Plc provides the following update for the Ntem Concession, offshore Cameroon.
Sterling Cameroon Limited, a wholly owned subsidiary of Sterling Energy Plc,
Michigan PSC approves Wisconsin Energy acquisition of Integrys Energy GroupApr 24, 2015The Michigan Public Service Commission (MPSC) approved the acquisition of Integrys Energy Group, Inc. by Wisconsin Energy Corp. The companies
Supreme Court of the Netherlands rules in favour of Ecopetrol in LLanos Oil Exploration caseApr 24, 2015Ecopetrol S.A. hereby informs that on March 18 the Supreme Court of the Netherlands notified the final verdict in favor of Ecopetrol S.A. in the
Petrobras Reveals Extent of its Losses Due to Corruption and MismanagementApr 23, 2015Brazil's Petrobras, which is on the ropes as if it had been punched by Muhammad Ali. The company is wobbling from the worse corruption scandal in over a half a century history...
By Dayse Abrantes & Peter Howard Wertheim
IKM Instrutek AS acquires NavCom AS in BergenApr 23, 2015NavCom AS and IKM Instrutek AS have signed an agreement to merge NavCom AS with IKM Instrutek AS. This has been a long process for both parties and we felt this
CGG acquires Taurus Reservoir SolutionsApr 23, 2015CGG says that its GeoConsulting Business Line has acquired Taurus Reservoir Solutions Ltd., based in Calgary. Taurus offers reservoir and
Arcan Resources enters arrangement agreement to be acquired by Aspenleaf EnergyApr 23, 2015Arcan Resources Ltd. has entered into an arrangement agreement with Aspenleaf Energy Limited pursuant to which Aspenleaf will, subject to