Optimus Seventh Generation sees client numbers double
Dec 23, 2015
Optimus Seventh Generation has reported significant growth throughout 2015, having seen the number of Clients using Induction Plus™ double this year on last. The Aberdeen-based

Nostra Terra Oil & Gas gets extension of $25 million credit facility
Dec 23, 2015
Nostra Terra says that Texas Capital Bank has agreed to a three year extension of the lending facility until 31 January 2019.

Aminex receives a six month extension loan extension
Dec 22, 2015
Aminex has received a six month extension to the repayment of its corporate loan facility to 31 July 2016 has been agreed in principle. The extension will provide the Company

Halcón Resources announces expiration and final results of debt exchange offer
Dec 21, 2015
Halcón Resources Corporation announced the expiration and final results of its previously announced exchange offer to certain eligible holders of its outstanding unsecured debt securities

Bonterra Energy Corp. declares 2016 capital budget
Dec 18, 2015
Bonterra Energy Corp. announces its 2016 capital budget, an operations update, and an adjustment to its dividend level to $0.10 per share commencing with the December 2015

Providence is growing a unique portfolio of assets in the Irish offshore
Dec 18, 2015
Providence Resources provides a trading update on activities for 2015. Tony O'Reilly, Chief Executive of Providence said,'Despite the

Magnum Hunter Resources files voluntary Chapter 11
Dec 17, 2015
Magnum Hunter Resources Corporation and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code

Statkraft AS reduced investment plan
Dec 17, 2015
Statkraft AS has adjusted its investment plan to the new financial terms. The most material change is that Statkraft no longer will invest in new offshore wind projects.

Dolphin Geophysical Ltd is open for business as usual
Dec 17, 2015
The UK processing and multi-client operations of Dolphin Geophysical Ltd continue to operate as normal, despite the Norwegian entities of Dolphin Group ASA together with its subsidiary

DONG Energy signs new credit facilities
Dec 16, 2015
DONG Energy A/S has signed a EUR 1.4bn 5-year syndicated revolving credit facility and a EUR 350m 3-year syndicated revolving credit facility. Both facilities include two

Bankers Petroleum announces 2016 capital budget and work program
Dec 16, 2015
Bankers Petroleum Ltd. announces its 2016 capital program of US$65 million (all amounts referenced below are in US dollars unless otherwise noted). The capital program will be

Trinidad Drilling declares 2016 capital program
Dec 15, 2015
Trinidad Drilling Ltd. expects to spend approximately $30 million in capital expenditures in 2016, with an additional $15 million available to be spent on select upgrades, depending

Mitsubishi makes final investment decision on Greater Western Flank Phase 2
Dec 14, 2015
Mitsubishi Corporation and Mitsui & Co., Ltd. are pleased to announce that the North West Shelf Project (NWS Project), in which Japan Australia LNG (MIMI) Pty. Ltd. ('MIMI', a Mitsubishi and

MYCELX Technologies provides trading update
Dec 14, 2015
MYCELX Technologies Corporation, the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update on its 2015

Select Sands closes previously announced private placement
Dec 14, 2015
Select Sands Corp. announced that there will be no further closings under its previously announced private placement. On November 12, 2015 the Company has announced that

Cenovus Energy declares 2016 budget
Dec 14, 2015
Cenovus Energy Inc. expects to invest between $1.4 billion and $1.6 billion in 2016. While allowing for the planned completion of well-advanced oil sands growth projects in 2016,

Statoil and Repsol announce transactions in Norway, UK, US and Brazil
Dec 14, 2015
These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. “We are delighted to be deepening our relationship with Repsol. In the current challenging market environment, these are innovative, value-enhancing transactions which will help control costs and strengthen Statoil’s portfolio for the long term”, said John Knight, Statoil’s Executive Vice-President for Global Strategy & Business Development.

Dolphin Geophysical provides update on restructuring
Dec 11, 2015
Group ASA ("Dolphin" or the "Company" and together with its subsidiary Dolphin Geophysical AS") regarding a restructuring of the Group's debt and capital structure (the "Restructuring").

Repsol reduces its financing costs by 65 million dollars a year
Dec 11, 2015
Repsol, through its subsidiary Talisman Energy, announced the purchase, with a discount of 14.5%, of 1.5 billion dollars of face value in Talisman bonds today, corresponding to five issues expiring in

Chevron declares $26.6 billion capital and exploratory budget for 2016
Dec 11, 2015
Chevron Corporation announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is

Baytex announces 2016 budget and amendments to bank credit facilities
Dec 11, 2015
Baytex Energy Corp. says that its Board of Directors has approved a 2016 capital budget of $325 to $400 million, which is designed to generate average annual production of 74,000 to 78,000 boe/d.

Gibsons declares 2016 growth capital expenditure budget of $200 Million to $300 Million
Dec 11, 2015
Gibson Energy Inc. says that its Board of Directors has approved a 2016 growth capital expenditure budget ranging between $200 million and $300 million. Additionally, the Board of Directors approved $50 million

Wood Group issues pre-close trading update for the year to 31 December 2015
Dec 11, 2015
John Wood Group PLC, issues the following pre-close trading update for the year to 31 December 2015. Full year results will be announced on 23 February 2016.

Freeport-McMoRan declares further reduction in capital spending
Dec 10, 2015
Freeport-McMoRan Inc. announced additional actions in response to market conditions, including further revisions to its oil and gas capital spending plans, additional curtailments in copper and molybdenum production