East West Petroleum acquires 3.9 million shares of Valor VenturesApr 13, 2015East West Petroleum Corp. has acquired ownership and control over 3,900,000 common shares in the capital of Valor Ventures Inc. pursuant to a non-brokered
Northern Minerals enters agreement on three wells on the Coleman County leaseApr 13, 2015Northern Minerals & Exploration Ltd. acquired a 75% WI in the Coleman County lease, subject to a 25% royalty. The Company announces that it entered
Start Scientific to acquire Quality Energy SolutionsApr 13, 2015Start Scientific, Inc. has entered into an agreement to acquire 100% of Quality Energy Solutions, LLC, a Texas oil field service company. For 45 million
Trans Energy to sell Marcellus assets for $71.3 million in net proceedsApr 13, 2015Trans Energy, Inc. has signed an agreement to sell Marcellus assets in Wetzel County, West Virginia, for approximately $71.3 million in net proceeds,
Blackbird Energy acquires further Elmworth Montney rightsApr 10, 2015Blackbird Energy Inc. has acquired a 100% working interest in twelve additional sections (7,680 net acres) of Elmworth Montney rights.
Murphy Oil transfers operatorship of Ntem Concession to Sterling EnergyApr 10, 2015Sterling Energy Plc provides an update on the transaction between its wholly owned subsidiary Sterling Cameroon Limited and
Abilene Oil and Gas increases interest in CKU projectApr 10, 2015Abilene Oil and Gas Limited says that following the successful Rights Issue, the Company has agreed to fund its share of the
Breitling Energy prepares completion procedures for two Permian Basin wellsApr 10, 2015Breitling Energy Corporation is preparing completion and fracking procedures on two wells in its farmout lease in the Permian Basin.
Torchlight Energy plans to divest of Hunton assetsApr 10, 2015Torchlight Energy Resources, Inc. is actively seeking to divest certain of its Hunton Assets located in Logan and Kingfisher Counties, Oklahoma.
Settlement agreement enhances ability to recover loans owed to SacoilApr 10, 2015SacOil Holdings Limited (SacOil) has entered into a loan settlement agreement with Energy Equity Resources Norway Limited
Apache Corporation agrees to sell Australian operations for $2.1 billionApr 10, 2015Apache Corporation has signed an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. for cash payment of $2.1 billion. The transaction is expected to close mid-year 2015 and is subject to necessary government and regulatory
Getech completes acquisition of ERCLApr 9, 2015Getech says that the agreement to acquire the entire issued share capital of ERCL Limited, an upstream oil and gas consultancy,
Argent Energy Trust to sell Manvel Field assetsApr 9, 2015Argent Energy Trust has entered into an agreement for the sale of its interests in the Manvel Field, Texas and provides a
Pancontinental withdraws from Kenya Block L10BApr 9, 2015Pancontinental has served a notice of withdrawal on BG Kenya L10B Limited, the only remaining participant and operator of
Perisson Petroleum gets extension to Colombian VMM-17 BlockApr 9, 2015Perisson Petroleum Corporation says that, through a Colombian government initiative that is applicable to all exploration blocks
Shell agrees £47 billion deal for BG GroupApr 9, 2015The Boards of Shell and BG have reached agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share capital of BG. Under the terms of the Combination, BG Shareholders will be entitled to receive for each BG Share: •383 pence in cash; and •0.4454 Shell B Shares
EMAS Offshore maintains profitability, despite oil and gas environmentApr 8, 2015EMAS Offshore Limited reported net profit of US$9.7 million in the second quarter of fiscal year 2015, a substantial increase from the US$4.0 million
DBR’s success in marine & offshore container gensets continuesApr 8, 2015DBR are currently putting together a 40 foot DNV 2.7-1 container generator set for a vessel owned by Jan De Nul Group. After delivery in Q3 2015,
Tap Oil provides update on Northern Gulf Petroleum relationsApr 8, 2015Tap Oil Limited provides the following update on its commercial relations with Mr Chatchai Yenbamroong and his Northern Gulf companies.
Petro Matad enters farm-out agreement with BG GroupApr 8, 2015Petro Matad has entered into a farm-out agreement with BG Group whereby BG Group will acquire a 78% interest in Block IV and Block V in
Bonterra Energy Corp. increases borrowing baseApr 8, 2015Bonterra Energy Corp. says that following its annual banking review, certain amendments to the existing credit agreement dated April 29, 2009
DONG Energy takes over US offshore wind development projectApr 8, 2015DONG Energy has agreed to take over RES Americas Developments Inc.’s (RES) more than 1000MW newly assigned development project rights off the coast of Massachusetts. At the offshore wind auction held by BOEM (Bureau of Ocean Energy Management) on 29 January 2015, RES secured the rights to develop one of the two leases that were awarded. The lease comprises an area that could potentially accommodate more than 1000MW.
New business in Asia results in successful start to 2015Apr 7, 2015Well management and performance improvement company, Exceed has announced a successful first quarter of the year, with significant
Venoco, Inc. completes series of strategic investment transactionsApr 7, 2015Venoco, Inc. has completed $250,000,000 of new financings consisting of a private issuance of new First Lien Senior Secured Notes with