Encana Corporation and PrairieSky Royalty complete $2.6 billion secondary offeringSep 29, 2014Encana Corporation (Encana) and PrairieSky Royalty Ltd. (PrairieSky) has completed the secondary offering of 70,200,000 common shares of
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
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
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
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
ExxonMobil statement on Treasury Department sanctions on RussiaSep 22, 2014The U.S. Treasury Department, recognizing the complexity of the University-1 well and the sensitive Kara Sea arctic environment, has granted a
Mosman receives Trident acceptances totalling 80.06% of the issued capital of TridentSep 18, 2014Mosman Oil and Gas Limited has received acceptances from Trident Energy Limited (Trident) shareholders totalling 80.06% of the issued capital of
First Mountain Exploration proposes private placementSep 18, 2014First Mountain Exploration Inc. has finalized the terms and conditions of a non-brokered equity private placement (the "Offering"). The Offering will
Kallisto Energy declares recapitalization financing and new management teamSep 17, 2014Kallisto Energy Corp. has entered into a definitive reorganization and investment agreement (the "Agreement") with Barry Olson, Donald
Black Ridge increases senior secured credit facility borrowing baseSep 15, 2014Black Ridge Oil & Gas, Inc. has increased the Cadence Bank, N.A. (Cadence) senior secured credit facility borrowing base to $35 million,
Hexicon raises 11.4 MSEK to secure the development of first reference plantSep 15, 2014Swedish offshore wind energy developer Hexicon has attracted 11.4 MSEK (1.24 MEUR) in the form of a rights issue to existing owners.
Blackdog enters into definitive reorganization and investment agreementSep 12, 2014Blackdog Resources Ltd. has entered into a definitive reorganization and investment agreement (the "Agreement") with Steven VanSickle,
Zeta Petroleum enters into agreement with GMISep 11, 2014Zeta Petroleum has entered into an agreement with its major shareholder, GM Investment & Co Limited ('GMI') whereby GMI will provide a
Magnolia Petroleum secures a new US$6 million two year credit facilitySep 10, 2014Magnolia Petroleum has secured a new US$6 million two year Credit Facility ('the Credit Facility') with improved terms.
Encana to sell remaining stake in PrairieSky for C$2.6 billionSep 10, 2014Encana Corporation and PrairieSky Royalty Ltd. have entered into an agreement with a syndicate of underwriters, pursuant to which the
American Midstream increases revolving credit facility to $500 millionSep 10, 2014American Midstream Partners, LP executes an amended and restated credit facility to increase the borrowing capacity to $500 million, with
Dana Gas secures US$ 100 million project financing for Zora projectSep 10, 2014Dana Gas has secured, through its wholly owned subsidiary Dana Gas Explorations FZE, a US$ 100 million Term Facility for the Zora
Harvest Natural Resources enters into an equity distribution agreementSep 8, 2014Harvest Natural Resources, Inc. has entered into an equity distribution agreement (Agreement) with Raymond James & Associates, Inc.
Endeavour decides not to make interest paymentsSep 4, 2014Endeavour International Corporation has decided not to pay approximately $33.5 million in interest due on September 2, 2014 on its 12%
Magnolia Petroleum receives US$1million consulting paymentSep 4, 2014Magnolia Petroleum Plc has received a US$1,002,000 payment for consulting services provided to an international company acquiring an