Eni obtains three-year extension on exploration period of Block 15/06 in Angola
Jan 20, 2015
In Block 15/06, acquired in 2006 following an international bid round, Eni has drilled 24 exploration and appraisal wells, discovering over 3 billion barrels

Salamander Energy satisfy SONA condition ready for acquisition by Ophir
Jan 20, 2015
On 24 November 2014, the boards of Salamander Energy and Ophir Energy announced the terms of a recommended

CanElson reduces its 2015 Capital Program by 80%
Jan 20, 2015
CanElson Drilling Inc. has revised its 2015 capital program, including the deferral of construction of three contracted drilling rigs, has reduced its quarterly

Chinook Energy reduced 2015 capital program
Jan 20, 2015
Chinook Energy Inc. has positive working capital of approximately $75 million and is undrawn on its $125 million credit facility

Savanna Energy Services reduces capital spending by 29%
Jan 19, 2015
In light of the significant uncertainty in respect of commodity pricing and activity levels for all of Savanna Energy Services

BP statement on phase 2 decision in Gulf Oil spill trial
Jan 19, 2015
The United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater

Encana completes sale of Clearwater assets for $605 million
Jan 19, 2015
Encana Corporation has completed the previously announced sale of certain Clearwater assets in Alberta to Ember Resources

Armour Energy increases Queensland tenement position
Jan 19, 2015
The Directors of Armour Energy Limited has been successful in its tender for Queensland Petroleum Land Releases (PLR)

LGO Energy raises over £1 million for Goudron investment
Jan 16, 2015
LGO has raised £1.575 million before expenses, by way of a Company arranged placing of 52.5 million new ordinary shares

Tullow Oil provides financial and operating updates
Jan 16, 2015
Tullow Oil plc (Tullow) issues statement to summarise recent operational activities and to provide trading guidance in respect

Mosmon Oil and Gas plans for organic growth in 2015
Jan 16, 2015
The Directors of Mosman Oil and Gas Limited announce a corporate update, following on from the very detailed update given

PA Resources receives second license award in UK's 28th Round
Jan 16, 2015
PA Resources announces further success in the UK's 28th Seaward Licensing Round through the award of Block 21/24b to a group

LUKOIL Marine supplies the world's largest container vessel from MSC
Jan 16, 2015
LUKOIL Marine congratulates MSC on launching the MSC OSCAR, the largest container vessel in the Mediterranean Shipping

Enteq Upstream anticipate reporting sales substantially below expectations
Jan 16, 2015
Enteq Upstream provides an update on its markets and current trading for the year ending 31 March 2015.

Investment from industry and government crucial for UKCS, says Deloitte
Jan 16, 2015
The North Sea needs continued investment from businesses and government through its current period of transition, according

Northcote Energy acquires US assests of North American Petroleum
Jan 15, 2015
Northcote has signed an agreement with NAPP to acquire the entire issued share capital of NAPP's wholly owned US subsidiary

Pan Orient Energy provides further update on Thailand transaction
Jan 15, 2015
On November 5, 2014 Pan Orient Energy Corp. had entered into an agreement for the sale of a 50-per-cent equity interest in

Eni signs concession agreements for two new exploration blocks in the Egyptian Mediterranean
Jan 15, 2015
As a result of the EGAS 2013 bid round, Eni signed two concession agreements for the North Leil and Karawan blocks offshore

Salamander Energy terminate SONA agreement
Jan 15, 2015
Salamander Energy plc issues the following operational and corporate update that includes unaudited information and may be

Canacol Energy increases 2015 budget
Jan 14, 2015
Canacol Energy Ltd. says that due to the recently announced acquisition of the VIM 5 and 19 Exploration and Production

Swift Energy budget to decrease spending by 70% from 2014
Jan 14, 2015
Swift Energy Company announced a revised 2015 capital budget range of $100 - $125 million in response to recent

Sound Oil withdraws intended offer for Antrim Energy
Jan 14, 2015
On 24 November 2014 Sound Oil announced its intention to launch a public offer for 100% of the share capital of Antrim Energy Inc.

Ultra Petroleum announces hedging update
Jan 14, 2015
Ultra Petroleum Corp. has placed fixed price natural gas swaps for 2015 of 123.3 Bcf at a weighted average price of $4.00 per Mcf.

Crown Point announces positive preliminary results at Tierra del Fuego
Jan 14, 2015
Crown Point Energy Inc. announced positive preliminary results for the second of two oil and gas exploration wells at its 25.78%