Saturn Minerals completes first tranche of private placementApr 6, 2015Saturn Minerals Inc. has completed the first tranche for 3,200,000 units in connection with a Private Placement previously announced on
Cygam Energy files a voluntary assignment in bankruptcyApr 6, 2015Cygam Energy Inc. has filed a voluntary assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada).
Tanager Energy to complete a non-brokered private placementApr 6, 2015Tanager Energy Inc. intends to complete a non-brokered private placement offering of common shares at a price of $0.05 per share,
Reliance signs PSC for two offshore blocks in MyanmarApr 6, 2015Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise (MOGE), an enterprise of the Government of Myanmar, have signed
Petrolympic's CEO comments on the Quebec budget and the way forwardApr 6, 2015Mendel Ekstein, Petrolympic Ltd. President and CEO, says, 'I am proud to provide Petrolympic shareholders with a brief summary of
Woodside closes purchase of Apache interests in Australian assetsApr 3, 2015In December 2014 Woodside entered into a binding transaction with Apache Corporation to acquire Apache's Wheatstone LNG and
KKR and Fleur de Lis Energy to acquire Wyoming EOR assets from AnadarkoApr 3, 2015KKR and Fleur de Lis Energy has closed an acquisition of certain CO2 enhanced oil recovery (EOR) properties from Anadarko Petroleum
Saipem forms JV with Dangote Group in Central and West AfricaApr 3, 2015Saipem has entered into a Joint Venture with Dangote Group, one of Africa's leading companies, to create a new company named
LUKOIL to sell Service Terminal RotterdamApr 3, 2015LUKOIL, together with its Joint Venture partner Burando Maritime Services, have entered into an agreement to sell 100% of their
Hibiscus Petroleum increases interest in PL616Apr 3, 2015Hibiscus Petroleum Berhad says that its jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway) has executed an agreement
Esrey Energy settles debt and withdraws from PolandApr 3, 2015Esrey Energy Ltd. has entered into a debt settlement agreement to settle in full the matured non-revolving credit facilities owed by
Petrobras to dispose of assets in ArgentinaApr 3, 2015Petrobras says that the Board of Directors of Petrobras Argentina (PESA) has approved to dispose of all of its assets located in the Austral Basin, in the Santa Cruz province, for US$ 101 million to Compañia General de Combustibles S.A. (CGC). The PESA assets that are part of the deal include 26 onshore exploration production concessions, with an average production of 15,000 barrels of oil equivalent per day, as well as the entire infrastructure required for distribution, treatment and storage.
Kosmos Energy announces redetermination of borrowing baseApr 2, 2015Kosmos Energy Ltd. says that the borrowing base under its reserves-based lending facility has remained unchanged at $1.5 billion
MX Oil prepares for Mexico's tender for mature onshore conventional fieldsApr 2, 2015MX Oil plc notes the recent comments made by Mexico's Secretary of Energy, Pedro Joaquin Coldwell, that the tender for mature
Sanchez Production acquires Eagle Ford shale assets from Sanchez EnergyApr 2, 2015Sanchez Production Partners LP has executed and closed an agreement with Sanchez Energy Corp. to acquire wellbore interests in
Empyrean Energy secures additional debt financingApr 2, 2015Empyrean Energy has reached an agreement with Macquarie Bank Limited for additional debt funding under Tranche B of its facility.
Eni signs PSC for the exploration of two blocks offshore MyanmarApr 1, 2015Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 and MD-04. The contracts were signed in Nay Pyi Taw, in the presence of the country’s Energy Minister. The Joint Venture is between Eni, the Operator with an 80% participating interest through Eni Myanmar B.V, and Petrovietnam Exploration Production Corporation Limited (20%).
Saudi Aramco signs new standby credit facilities with 27 financial institutionsMar 31, 2015As part of the Company's strategy of maintaining financial flexibility, Saudi Aramco has signed a new standby revolving credit facilities agreement.
Marksmen completes final closing of private placementMar 31, 2015Marksmen Energy Inc. has completed the third and final closing of its previously announced non-brokered private placement for
Petrus Resources announces fourth quarter and annual 2014 resultsMar 31, 2015Petrus Resources Ltd. is pleased to report operating and financial results for the fourth quarter and the 2014 fiscal year, in which the
Resolute Energy Corporation sells non-core assetsMar 31, 2015Resolute Energy Corporation has entered into a definitive agreement to sell certain non-core assets in the Midland Basin portion of
Total completes $1 billion of onshore divestments in NigeriaMar 31, 2015Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for $569 million.
Breitburn Energy announces $1 billion investment by EIG Global Energy PartnersMar 31, 2015Breitburn Energy Partners LP and EIG Global Energy Partners announced definitive agreements whereby Breitburn will sell $350
Rampart Energy secures second Australian exploration assetMar 31, 2015Rampart Energy Ltd has secured rights to an 80% working interest as Operator in exploration permit WA-503-P, through an agreement