Modal Training invests in advanced suite of Kongsberg Maritime simulatoJan 26, 2016Modal Training, the first organisation in the UK to offer integrated, multimodal logistics training, has invested in a full suite of advanced ship, offshore vessel, engine room and radar simulators
Nostra Terra Oil & Gas updates on East Ghazalat concessionJan 26, 2016Nostra Terra says that North Petroleum International Company, owner of the other 50% interest and operator in East Ghazalat, has served a notice of default pursuant to the terms of the JOA
WPX Energy increases hedge position and reduces debtJan 21, 2016WPX Energy has added more hedges to protect cash flows and repurchased a portion of notes that are due in early 2017.
Pengrowth Energy declares its 2016 capital budgetJan 21, 2016Pengrowth Energy Corporation declared its 2016 capital expenditure plans and suspension of its dividend. Pengrowth's Board of Directors has approved a $60 to $70
Husky Energy updates 2016 guidanceJan 21, 2016Husky Energy is taking additional steps to improve its resilience through the extended low commodity price environment.
Northcote Energy substantially improves its balance sheetJan 21, 2016Northcote has substantially improved its balance sheet through two transactions with Shoats Creek Development, Inc. ('SCDI'), its partner in the development of the Shoats Creek Field,
InfraStrata to complete funding for Woodburn Forest-1 wellJan 20, 2016InfraStrata plc says that a series of Farmout Agreements have been entered into by InfraStrata and Brigantes Energy Limited, both together and separately, which together
Plains All American to purchase approximately $1.5 billion of equity capitalJan 13, 2016Plains All American Pipeline, L.P. has received binding commitments for the purchase of approximately $1.5 billion of equity capital. The purchasers will acquire approximately 56 million
Bellatrix Exploration declares first half 2016 capital budgetJan 13, 2016Bellatrix Exploration Ltd. declared strong preliminary 2015 operational results and a focused first half 2016 capital budget of $46 million. Building on the operational successes from 2015,
TGS issues guidlinees for 2016Jan 8, 2016Based on a preliminary review of sales and investments, TGS provides the following update on Q4 2015: The weak market conditions are expected to continue in 2016.
Perisson Petroleum initiates strategic financingJan 7, 2016Perisson Petroleum Corporation says that after several months of discussions and due diligence, it has entered into a long term relationship with a new strategic investor group.
Tourmaline further reduces the 1H 2016 capital spending programJan 6, 2016Tourmaline Oil Corp. has further reduced the 1H 2016 capital spending program. The Company is in a fully-funded position from cash flow for 2016 and 2017 capital programs.
Americas Petrogas enters settlement with dissenting shareholdersJan 5, 2016Americas Petrogas Inc. has entered into settlement agreements with certain dissenting shareholders holding 22,523,667 common shares in the capital of the Company.
Manitok Energy closes first tranche of its brokered private placementJan 4, 2016Manitok Energy Inc. has closed the first tranche of its previously announced best-efforts private placement offering of common shares (the "Common Shares") in the capital
Jura Energy enters into a secured long term syndicated Islamic facilityJan 1, 2016Jura Energy Corporation reveals that its wholly-owned subsidiary, Spud Energy Pty Limited (SEPL), has entered into a secured long term syndicated financing arrangement
Marksmen Energy completes first closing of private placementJan 1, 2016Marksmen Energy Inc. has completed the first closing of its previously announced non-brokered private placement for 1,570,000 common shares (the "Common Shares") of
Jericho Oil to raise $6.929 million in private placementDec 31, 2015Jericho Oil Corporation is proceeding with a non-brokered private placement (the "Offering") of approximately 17,323,610 units at a price of $0.40 per unit to raise total
Stonehaven Exploration closes private placementDec 31, 2015Stonehaven Exploration Ltd. has closed its previously announced non-brokered private placement offering through the issuance of 3,642,530 common shares of the Company
Gazprom’s Board of Directors approves investment program for 2016Dec 29, 2015The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2015, projected Investment Program, Budget (Financial Plan)
Caza Oil and Gas closes $45.5 million equity financingDec 25, 2015Caza Oil & Gas, Inc. has closed the equity financing and debt restructuring transactions announced on December 15, 2015, including the issue and sale to
Shoreline Energy Corp. files bankruptcyDec 24, 2015Shoreline Energy Corp. has filed an assignment under section 49 of the Bankruptcy and Insolvency Act (Canada) on December 23. Pursuant to the Assignment, Grant Thornton Limited
Hawk Exploration amends bank credit facilityDec 24, 2015Hawk Exploration Ltd. Says that the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016.
WesternZagros adds flexibility to debt drawdown timingDec 24, 2015WesternZagros Resources Ltd. has reached an agreement with its major shareholder, Crest Energy International, LLC (Crest), to defer the latest first drawdown notice date
KKR to provide asset management services to the oil and gas industryDec 24, 2015Gglobal investment firm KKR has signed an agreement to pursue acquisitions and investment opportunities by establishing an integrated entity to provide asset management services
