Carnarvon to divest remaining oil assets in Thailand for $58.2 millionDec 5, 2014Carnarvon Petroleum Limited has entered into a Sale and Purchase Agreement (SPA) to divest its remaining 20% interest in the Thailand oil
Santos to shelve plan for fund raisingDec 5, 2014Australia’s Santos Ltd. announced that at its Nov. 26 Investor Seminar, the company noted that it was considering a potential European hybrid
MEO Australia completes negotiations for PSC in CubaDec 5, 2014MEO Australia Limited has completed negotiations for 100 percent participating interest in a Production Sharing Contract (PSC) in the Republic of Cuba (Cuba).
Nighthawk Energy declares details of its current crude oil hedgesDec 5, 2014Nighthawk Energy plc announces details of its current crude oil hedges. Nighthawk has recently instituted a new commodity hedging program.
Whiting Petroleum stockholders approve acquisition of Kodiak Oil & GasDec 5, 2014Whiting Petroleum Corporation says that, at Whiting's special meeting of stockholders held earlier today, Whiting stockholders overwhelmingly
Canadian Oil Sands declares 2015 budgetDec 4, 2014Canadian Oil Sands Limited announced its budget for 2015, which is marked by significantly lower capital expenditures, as Syncrude's major
Park Energy completes acquisition of Bray Production ServicesDec 4, 2014Park Energy Services, LLC has acquired Oklahoma-based manufacturer Bray Production Services, LLC in a move to better serve operators with
WPX Energy signs $300 million deal for Marcellus ShaleDec 4, 2014WPX Energy has signed an agreement to sell its operations in northeast Pennsylvania and release certain firm transportation capacity to
Hoover forms partnership with First ReserveDec 4, 2014Hoover Container Solutions (Hoover”) has entered into an agreement to partner with First Reserve, the largest global private equity firm
Spyglass Resources to sell Red Earth propertyDec 3, 2014Spyglass Resources Corp. has entered into a purchase and sale agreement to sell its Red Earth assets for $12.3 million (prior to normal closing adjustments).
Rose Petroleum intends to raise £3.5m by way of a conditional placing and subscriptionDec 3, 2014Rose Petroleum intends to raise £3.5m by way of a conditional placing and subscription. The Company proposes to raise £3.5m (before expenses) by way of a conditional placing
New World enters into a Deed of Termination with Niel Petroleum SADec 3, 2014New World Oil and Gas has entered into a Deed of Termination, Waiver and Release with Niel Petroleum SA (the 'Deed') terminating the
Egdon Resources completes acquisition of Yorkshire Exploration LimitedDec 3, 2014Egdon Resources has completed the acquisition of the entire issued share capital of Yorkshire Exploration Limited (YEL). YEL is a private
Lamprell to dispose of Litwin Service businessDec 3, 2014Lamprell has entered into an agreement for the sale of one of its smaller non-core service businesses, Litwin PEL LLC ('Litwin'), to Nauvata group
Occidental Petroleum completes spin-off of California Resources CorporationDec 2, 2014Occidental Petroleum Corporation has completed the spin-off of its subsidiary California Resources Corporation. California Resources, which
Max Petroleum completes formal sale processDec 2, 2014Max Petroleum says that, following the General Meeting held earlier today at which all the resolutions relating to the proposed £37.1 million
Far East Energy announces further extension of existing loan facilityDec 2, 2014Far East Energy Corporation announce a further extension of the maturity date of its existing Facility Agreement with Standard Chartered Bank (SCB).
Transaction completed between Wintershall and StatoilDec 2, 2014Statoil has now completed the transaction with the German oil and gas company Wintershall to farm down in Aasta Hansteen, Asterix and
Mexco Energy Corporation to purchase of oil and gas propertiesDec 2, 2014Mexco Energy Corporation announce the purchase of various royalty interests ranging from .0018% to 1.1% revenue interests at a price of
Rey Resources acquires 50% interest in the Derby BlockDec 2, 2014Rey Resources Limited’s subsidiary company Rey Lennard Shelf Pty Ltd (RLS) has entered into an agreement with Backreef Oil Pty Ltd
InterMoor Completes Delta House Hook-UpDec 1, 2014InterMoor, an Acteon company, has successfully installed and hooked up a permanent mooring system for the Delta House field floating production system (FPS) in the Gulf of Mexico...
Jupiter Energy to extend the trial production licence for J-50Nov 28, 2014The Board of Jupiter Energy Limited provides an update on the extension of the Trial Production Licences for wells J-50, J-51, J-52 and J-53.
Kinder Morgan closes the merger transactionsNov 28, 2014Kinder Morgan, Inc. has completed its acquisition of the outstanding equity securities of Kinder Morgan Energy Partners, L.P., Kinder Morgan
Low oil prices likely to delay upstream developments in Northwest Europe, says GlobalData AnalystNov 28, 2014With oil prices falling to a four-year low, the development of two frontier basins in northwest Europe, the Barents Sea and the West of Shetland