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Financial
Marquee Energy sells non-core asset for $14 millionSep 29, 2014Marquee Energy Ltd. has entered into a purchase and sale agreement for the sale of a non-core, gas-weighted asset in the Pembina area of
Glacier Energy confirms sixth acquisition as it establishes new divisional structureSep 29, 2014Glacier Energy Services confirms completion of its sixth acquisition, as it carries out a significant reorganisation into four divisions to augment its
New Western to acquire majority control of Island Energy Partners, LLCSep 29, 2014New Western Energy Corp. has signed an LOI to acquire majority control of Island Energy Partners, LLC (IEP). IEP owns oil and gas wells, leases,
Baytex completes sale of North Dakota assetsSep 26, 2014Baytex Energy Corp. has completed the previously announced disposition of its North Dakota assets (the "Assets") to SM Energy Company, effective
Lundin Petroleum acquires interest in PM328, offshore MalaysiaSep 26, 2014Lundin Petroleum, through its wholly owned subsidiary Lundin Malaysia B.V. (Lundin Malaysia), has entered into agreements to acquire a 50 percent
Wireline Engineering bolsters its presence in South East AsiaSep 26, 2014Aberdeen-based Wireline Engineering has further expanded its operations in South East Asia, initially investing over £150,000 in a new service base
Neste Oil to revise the way it calculates its comparable operating profitSep 26, 2014Neste Oil has revised the method used to calculate its comparable operating profit and switched to using non-recurring items. The change will mean
Atlas Resource Partners to acquire Eagle Ford Shale in south TexasSep 26, 2014Atlas Resource Partners, L.P. has entered into a definitive agreement to acquire oil assets in the Eagle Ford Shale in south Texas for $225 million.
Eni awarded 3 new exploration licenses in EgyptSep 26, 2014Eni was the successful bidder of 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds. The new licenses will be formally awarded soon, after the ratification and finalization of the Concession Agreements. As a result of the EGPC bid round, Eni has been awarded a 100% participating interest and operatorship of the onshore block South-West Melehia.
Zilift invests in manufacturing and production capabilitiesSep 26, 2014Zilift Ltd has invested in manufacturing and production capabilities as interest for game-changing technology increases. Zilift has made further investment into assembly line equipment
West Texas Resources acquires Birnie field interest in the Palo Duro BasinSep 25, 2014West Texas Resources, Inc. has acquired a 10% working interest (7.5% net revenue interest) in a natural gas prospect located in the Birnie field in
Total sells its Midstream Utica assets to a group of Korean companiesSep 25, 2014Total's affiliate, Total E&P USA, has signed an agreement to sell its 25% interest in Cardinal Gas Services LLC, a midstream company in Ohio's Utica
Nostra Terra's entry to the Big Horn Basin excitesSep 25, 2014Nostra Terra Oil and Gas says that Hume Capital Securities plc (Hume) as sole broker has raised £1,750,000 before expenses through an oversubscribed
Strategic Oil & Gas increases private placement to $70 millionSep 25, 2014Strategic Oil & Gas Ltd. has increased the maximum size of its previously announced non-brokered private placement (the "Private Placement") to
Bayshore Petroleum closes private placement financingSep 25, 2014Bayshore Petroleum Corp. has closed the non-brokered private placement announced on August 25, 2014. The Company has issued 3,613,869
New Western to acquire 1600 acres of oil and gas assets in Osage CountySep 25, 2014New Western Energy Corp. has signed an LOI to acquire all of the Osage County oil and gas assets from a long-time private independent producer
Subsea focus as Mirage Machines expands into the USSep 25, 2014Mirage Machines, an Acteon Company, has invested a seven figure sum in the launch of a subsea-focussed engineering research and development subsidiary for North America in Houston, Texas.
Mirage Subsea is delivering Mirage Machines' on-site machining technology including industry-leading subsea diamond wire cutting machines and hot-tapping equipment, along with ROV tooling and solutions to clients across the region, focussed on the Gulf of Mexico.
Flextech invests £500,000 new R&D hubSep 24, 2014As part of its ongoing growth and development strategy, FlexTech has invested £500,000 into a new manufacturing and fabrication base in Lincolnshire.
Blackbird Energy secures $35.5 million of financingsSep 24, 2014Blackbird Energy Inc. has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and including Raymond
Siemens to acquire all of the outstanding shares of Dresser-RandSep 23, 2014Dresser-Rand Group Inc. (DRC) has entered into a definitive merger agreement with Siemens under which Siemens will acquire all of the outstanding
ZaZa Energy closes East Texas JV agreements with Quantum EnergySep 23, 2014ZaZa Energy Corporation has closed the previously announced Purchase and Sale Agreement with an affiliate of Quantum Energy Partners
Velocys wins patent case against CompactGTLSep 23, 2014Velocys plc (VLS.L) says that the UK High Court has ruled in its favour in the patent infringement case it brought against CompactGTL Ltd.
W&T Offshore acquires remaining interest in Fairway fieldSep 23, 2014W&T Offshore, Inc. has acquired a 35.7% working interest in the Fairway Field and the associated Yellowhammer gas processing plant.
Newfield Exploration closes sale of Granite Wash assetsSep 23, 2014Newfield Exploration Company closed on the sale of its Granite Wash assets. As previously announced, the purchase price was $588 million
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