Evolution Midstream secures $300 million equity commitment from EnCap Flatrock Midstream
Aug 25, 2015
Evolution Midstream, LLC announced an initial commitment of $300 million from private equity firm EnCap Flatrock Midstream (EnCap Flatrock)

NOVATEK Board of Directors recommends 1H 2015 dividend
Aug 25, 2015
OAO NOVATEK announced the results of its Board of Directors (the Board) meeting held today. The Board discussed the Company’s results for the

Petrolympic declares grant of options
Aug 24, 2015
Petrolympic Ltd. says that a total of 100,000 options to purchase common shares of the Company have been granted to an officer at an exercise

Rex International Holding to reduce capex
Aug 21, 2015
Rex International Holding Limited, and together with its subsidiaries, the Group) is reducing capital investments and focusing on key discovery

Baytex Energy declares updated guidance for 2015
Aug 21, 2015
Baytex Energy Corp. announces updated guidance for 2015 and enhanced sustainability through a reduced capital program and suspension

Soma Oil & Gas issues response to accusations of fraudulent payments
Aug 5, 2015
Soma Oil & Gas confirms that it has been informed by the Serious Fraud Office that it is investigating an allegation that has been

Afren Plc provides an update on its financial situation.
Aug 3, 2015
Afren Plc provides an update on the outcome of the discussions regarding its financial situation. As announced on 15 July 2015, the recently completed operational review

Global Petroleum reduces costs in response to the lower oil price environment
Jul 27, 2015
Global Petroleum Limited provides an update in relation to the Company's assets, its acquisition strategy, and a programme to reduce

Aker Solutions provides results for second quarter 2015
Jul 16, 2015
Aker Solutions' revenue was steady at NOK 8 billion in the second quarter of 2015 from a year earlier amid progress on major projects from

Sabine voluntarily files Chapter 11 petitions to facilitate balance sheet restructuring
Jul 16, 2015
Sabine Oil & Gas Corporation has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the

MX Oil to invest in OML 113, offshore Nigeria
Jul 14, 2015
MX Oil plc has agreed to invest in an indirect, non-operated, 5% revenue interest in the OML 113 licence, offshore Nigeria, which includes the Aje Field,

Max Petroleum provides operational update
Jul 6, 2015
Max Petroleum says that Sberbank has unconditionally granted a six month standstill on all principal and interest payments due

Coretrax invests $2 millions in new UAE base
Jun 24, 2015
Coretrax has strengthened its position in the Middle East by opening an office in Abu Dhabi, its fourth base in the region, totalling a $2million investment.

Junex proposes private placement of up to $22,000,000
May 25, 2015
Junex Inc. is pleased to announce a proposed private placement in the total aggregate amount of up to $22,000,000, including $10,000,000 that has been

Eclipse Resources announces revised capital budget
Apr 15, 2015
Eclipse Resources Corporation provided an update to its 2015 Capital Budget, its first quarter 2015 estimated production and additional guidance on its

East West Petroleum acquires 3.9 million shares of Valor Ventures
Apr 13, 2015
East West Petroleum Corp. has acquired ownership and control over 3,900,000 common shares in the capital of Valor Ventures Inc. pursuant to a non-brokered

New business in Asia results in successful start to 2015
Apr 7, 2015
Well management and performance improvement company, Exceed has announced a successful first quarter of the year, with significant

Venoco, Inc. completes series of strategic investment transactions
Apr 7, 2015
Venoco, Inc. has completed $250,000,000 of new financings consisting of a private issuance of new First Lien Senior Secured Notes with

Cygam Energy files a voluntary assignment in bankruptcy
Apr 6, 2015
Cygam Energy Inc. has filed a voluntary assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada).

Tanager Energy to complete a non-brokered private placement
Apr 6, 2015
Tanager Energy Inc. intends to complete a non-brokered private placement offering of common shares at a price of $0.05 per share,

Esrey Energy settles debt and withdraws from Poland
Apr 3, 2015
Esrey Energy Ltd. has entered into a debt settlement agreement to settle in full the matured non-revolving credit facilities owed by

Saudi Aramco signs new standby credit facilities with 27 financial institutions
Mar 31, 2015
As part of the Company's strategy of maintaining financial flexibility, Saudi Aramco has signed a new standby revolving credit facilities agreement.

Marksmen completes final closing of private placement
Mar 31, 2015
Marksmen Energy Inc. has completed the third and final closing of its previously announced non-brokered private placement for

Breitburn Energy announces $1 billion investment by EIG Global Energy Partners
Mar 31, 2015
Breitburn Energy Partners LP and EIG Global Energy Partners announced definitive agreements whereby Breitburn will sell $350