Chesapeake Energy Corporation updates 2015 operating planMar 25, 2015Chesapeake Energy Corporation has reduced its 2015 capital budget (including capitalized interest of $500 million) to $3.5 - $4.0 billion for 2015,
Aker Solutions presents strategic goals after company splitMar 19, 2015Aker Solutions presents five strategic objectives after splitting in two in September last year to better position all parts of the business and meet
Cluff Natural Resources raises GBP2.2M for UK UCG & North Sea LicencesMar 18, 2015Cluff Natural Resources has conditionally raised approximately £2.2 million, before expenses, through the aggregate placing and
LGO Energy draws funds from pre-paid oil swap facility to fund 2015Mar 18, 2015LGO Energy says that its wholly owned subsidiary, Goudron E&P Limited, has now drawn an initial US$11.78 million from the US$25 million
Senex sets oil price hedges for 2016 financial yearMar 16, 2015Senex Energy Limited has entered into a series of oil price hedges for the 2016 financial year.The oil price hedging program provides revenue protection over
ITIC warns on fraudulent diversion of fundsMar 16, 2015International Transport Intermediaries Club (ITIC) says fraudulent diversion of funds is on the increase in the maritime sector.
Gran Tierra implements structural cost cutting measuresMar 16, 2015Gran Tierra Energy Inc. announces cost reductions in line with its strategy to preserve its strong balance sheet and maximize potential
Lukoil provides financial results for 2014Mar 5, 2015LUKOIL has released its 2014 earnings this week. Sales revenues were up by 1.9% from 2013, totaling $144,167 million. The company’s 2014 net income
KIC InnoEnergy mobilizes 80M euros of investment for supporting 65 innovation projectsMar 5, 2015KIC InnoEnergy announced the 2014 results of its sustainable energy innovation project support programme, which recorded
Pinsent Masons advises Blue Water Energy on $250 million investmentFeb 24, 2015International law firm Pinsent Masons has advised Blue Water Energy (BWE), the energy-focused private equity house, on a syndicated $250 million
Ivanhoe Energy to make a proposal under the Bankruptcy and Insolvency ActFeb 23, 2015Ivanhoe Energy Inc. announced that, with the authorization and approval of its board of directors, the company has made a determination to file a
Red Emperor Resources provides company updateFeb 18, 2015The Board of Red Emperor Resources NL is pleased to provide the following update to the market. Further to the Company's recent quarterly report dated 29 January 2015,
Magnum Hunter announces 2015 upstream capital expenditure budgetFeb 18, 2015Magnum Hunter Resources Corporation says that its Board of Directors has approved a $100 million upstream capital expenditure budget
Kea Petroleum to launch review of its strategic optionsFeb 18, 2015Kea Petroleum is launching a review of the strategic options open to the Company with the intention of considering all opportunities for
Cardinal Energy set to withstand low oil prices with secondary recovery methodsFeb 16, 2015Cardinal Energy Group, Inc. sets its business strategy for 2015. Secondary recovery methods and developmental or in-field drilling
Marksmen completes first closing of private placementFeb 16, 2015Marksmen Energy Inc. has completed the first closing of its previously announced non-brokered private placement for 3,868,000 units
Eagle Energy Trust updates guidance for 2015Feb 16, 2015Eagle Energy Trust announces updated guidance for 2015: A 16% reduction in its 2015 capital budget for United States operations to $US 9.9 million
Sirius Petroleum gains extension on fundingFeb 13, 2015Sirius Petroleum updates its shareholders on progress towards completion of the £9.6 million Convertible Loan with Nima International Ltd.,
Santos to accept a $1.6 billion impairment of assetsFeb 13, 2015Santos expects to recognise a non-cash impairment charge of approximately $1.6 billion after tax in its 2014 full-year accounts.
Parsley Energy declares 2015 capital budgetFeb 9, 2015Parsley Energy, Inc. says that its Board of Directors has approved a capital budget of $225-$250 million for 2015, excluding
Platino Energy target production growth with 2015 capital budgetFeb 4, 2015Platino Energy Corp. announces its 2015 full year production guidance and capital budget, as well as the appointment of
CNOOC Limited announces its 2015 business strategy and development planFeb 4, 2015CNOOC Limited announced its business strategy and development plan for the year 2015.The Company's net production target for 2015 is in
Amerisur Resources revises 2015 plan and suspends production from higher cost padsFeb 3, 2015Amerisur Resources Plc provides a 2015 update to shareholders in the context of the WTI oil price, currently at approximately $48.
Crown Point confirms support for second tranche financing with strategic investorsFeb 2, 2015Crown Point Energy Inc. advised shareholders that a Special Committee of the Board has reviewed the purported "binding proposal" for
