PTTEP reveals 5-year investment plan Adjusts strategy to cope with oil price fluctuation
Dec 29, 2014
Approximately USD 24 billion for 5-year plan (2015 – 2019), of which 80% allocated to the investments in Thailand and Southeast Asia Prioritize the

Gazprom outline investment program, budget and cost
Dec 24, 2014
The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2014, projected Investment

Flexlife registers increased revenue and profit
Dec 24, 2014
Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014. This includes an increase in headline EBITDA to £1.034m and a 5% increase in

Rosetta Resources announces 2015 capital budget and guidance
Dec 22, 2014
Rosetta Resources Inc. announced its Board of Directors has approved a 2015 capital budget with the flexibility to spend up to $900 million. Considering

Hawk Exploration provide guidance on the Corporation's 2015 capital budget
Dec 19, 2014
Hawk Exploration Ltd. announce an operational update and provide guidance on the Corporation's 2015 capital budget. Hawk drilled three (3.0 net) oil wells in western

Argent Energy Trust to reduce 2015 capital budget
Dec 19, 2014
Argent Energy Trust announces that in response to the current commodity price environment, it is reducing both its 2015 capital budget by approximately

Legacy Oil + Gas announces 2015 sustainability budget
Dec 19, 2014
Legacy Oil + Gas Inc. announce its capital and operating budget and associated production guidance for 2015. In the current environment of low oil

Marathon Oil provides update on 2015 capital budget
Dec 18, 2014
Marathon Oil Corporation anticipates its 2015 capital, investment and exploration budget will be approximately $4.3-4.5 billion, or about 20 percent lower

FlexEnergy receives investment from Intervale Capital
Dec 16, 2014
Intervale Capital has made an equity investment in FlexEnergy, Inc. Headquartered in Portsmouth, NH, Flex manufactures small natural gas turbines.

Petroceltic International sees legal proceedings issued by Worldview Capital Management
Dec 15, 2014
Petroceltic International plc has now seen the legal proceedings issued by Worldview Capital Management ('Worldview'). The proceedings allege that the

Ivanhoe updates the status of ongoing strategic and financial initiatives
Dec 15, 2014
Ivanhoe Energy Inc. says that the company's Board of Directors has been engaged in a process with its financial advisors to devise and implement a

Bankers Petroleum announces 2015 capital budget and work program
Dec 15, 2014
Bankers Petroleum Ltd. announce its 2015 capital program of US$218 million. The capital program will be fully supported by funds generated from

Warren Resources announces 2015 capital budget and production guidance
Dec 15, 2014
Warren Resources, Inc. announce its preliminary capital budget and production guidance for the full year 2015. Warren is projecting approximately $80 million of capital

Lekoil approve provision of a US$1.5 million loan to Lekan Akinyanm
Dec 12, 2014
Lekoil Limited says that the independent board of directors of the Company, being all of the Directors save for Lekan Akinyanmi, the Company's

ConocoPhillips sets 2015 capital budget of $13.5 billion
Dec 10, 2014
ConocoPhillips announce a 2015 capital budget of $13.5 billion, a decrease of approximately 20 percent compared to 2014. The reduction in

Painted Pony Petroleum announces 2015 capital expenditure program
Dec 10, 2014
Painted Pony Petroleum Ltd. announce its 2015 capital budget and increased credit facilities. Highlights include: Painted Pony's Board of Directors has approved

Growth and investment strategy maintains forward momentum for Johnston Carmichael
Dec 10, 2014
Johnston Carmichael has reported double digit growth in revenues to £36.8m on the back of record levels of investment. The firm’s latest

Eland Oil & Gas satisfied all conditions precedent to access US$22 million loan facility
Dec 8, 2014
Eland Oil & Gas has satisfied all the conditions precedent to access its US$22 million loan facility (the "Facility") with Standard Chartered Bank.

Rose Petroleum completes placing and subscription
Dec 8, 2014
Rose Petroleum confirms that its recent fundraising of £3.5 million through a placing and subscription of 199,999,987 new ordinary shares

MEG Energy announces $1.2 billion 2015 capital budget
Dec 8, 2014
MEG Energy provides an update to its 2014 capital program and outlined its 2015 capital investment plan and production guidance.

Tuscany Energy to secure $1,000,000 through financing
Dec 8, 2014
Tuscany Energy Ltd. plans to issue up to 2.27 million common shares of the Company on a flow-through basis (the "Flow-Through Shares") at a

Santos to shelve plan for fund raising
Dec 5, 2014
Australia’s Santos Ltd. announced that at its Nov. 26 Investor Seminar, the company noted that it was considering a potential European hybrid

Nighthawk Energy declares details of its current crude oil hedges
Dec 5, 2014
Nighthawk Energy plc announces details of its current crude oil hedges. Nighthawk has recently instituted a new commodity hedging program.

Bellatrix gets lender approval of increase to its credit facilities
Nov 27, 2014
Bellatrix Exploration Ltd. says that its syndicate of lenders, led by National Bank Financial as Sole Lead Arranger and Book Runner and National