San Leon Energy terminates possible takeover discussionsJan 22, 2016The Board of San Leon notes that an offer period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 in relation to San Leon commenced with effect from its
JKX Oil & Gas awarded further three Hungarian production licencesJan 22, 2016JKX Oil & Gas plc has been granted a further three 35-year production licences (mining plots) covering an additional area of approximately 124 sq km within its original
Cyberhawk reports record growth within its oil and gas division during 2015Jan 22, 2016Cyberhawk Innovations has reported record growth within its oil and gas division during 2015 due to impressive demand from domestic and global markets.
Origin Energy clarifies financing arrangementsJan 22, 2016Origin Energy Limited declared clarification of misunderstandings in the market in respect of some matters related to Origin's financing arrangements.
Bernhard Schulte Shipmanagement now an official Marine Partner of IMarESTJan 22, 2016The Institute of Marine Engineering, Science & Technology (IMarEST) declared Bernhard Schulte Shipmanagement (BSM), as a Marine Partner of the Institute.
Eden Energy sells UK gas assetsJan 22, 2016Eden Energy Ltd's wholly owned Australian subsidiary, Adamo Energy Ltd, entered into an agreement with UK Onshore Gas Limited (a company incorporated under the laws of
DNV GL acquires Swedish power system analysis company Gothia PowerJan 22, 2016Gothia Power, a Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore happy to announce this acquisition, which establishes DNV GL’s technical and strategic power system services in the Swedish and Baltic energy markets and further strengthens our leading position worldwide,” says DNV GL President and CEO Remi Eriksen.
Mart Resources declares December 2015 productionJan 21, 2016Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing
Ironhorse Oil & Gas shuts in production due to low oil and gas pricesJan 21, 2016Ironhorse Oil & Gas Inc. advises that the operator of the Nisku L2L Pool has informed Ironhorse that the operator intends to shut-in production from the Pool because continued
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.
Touchstone disposes of Kerrobert, Saskatchewan facility for $4.15 millionJan 21, 2016Touchstone Exploration Inc. has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration
Plexus Holdings signs new contract with Masirah OilJan 21, 2016Plexus Holdings PLC has been awarded a contract with new customer Masirah Oil Limited ('Masirah'), the Oman branch of the BVI based company and majority owned technology
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
Paradigm releases Paradigm Sysdrill 10.5Jan 21, 2016Paradigm® has released Paradigm Sysdrill® 10.5, the latest version of its integrated suite of well planning and drilling engineering applications.
TGS acquires Chickadee 3C-3D multi-client surveyJan 21, 2016TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, has acquired the Chickadee 3C-3D multi-client survey covering 190 km2. The survey, located in West Central Alberta
Petsec Energy to install platform jacket for hummer exploration wellJan 21, 2016Petsec Energy advised that a platform jacket will be fabricated and installed over the Main Pass Block 270 #3 BP 1 well on its Hummer exploration prospect.
Husky Energy updates 2016 guidanceJan 21, 2016Husky Energy is taking additional steps to improve its resilience through the extended low commodity price environment.
Lundin Petroleum completes Lorry exploration well as a dry wellJan 21, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has completed the drilling and evaluation of exploration well 6407/10-4 on the Lorry prospect.
Rosneft subsidiary begins production at Zapadno-Epasskoye fieldJan 21, 2016RN-Uvatneftegaz, a Rosneft subsidiary, started commercial oil production at Zapadno-Epasskoye field, a new field of the Uvat project. The field is located 250 km away from the
FEI releases PerGeos for digital rock analysisJan 21, 2016FEI has released PerGeos™, the industry’s first comprehensive digital rock software that helps geoscientists rapidly interpret and model digital rock imagery so that exploration & production
Mitsubishi Corporation acquires full ownership of CIMA EnergyJan 21, 2016Mitsubishi Corporation (MC) has acquired all remaining partnership interest in its affiliated company, CIMA ENERGY, LTD. (CIMA), a Houston based oil and gas marketer, through
Offshore opportunities in a low crude oil price environmentJan 21, 2016Companies serving the offshore energy sector must accept that crude oil prices are not going to bounce back anytime soon and look to diversify into other market areas in the same way
Statoil awarded highest number of licences since 2005Jan 21, 2016In the Awards in Predefined Areas (APA) round 2015, Statoil has been awarded interest in 24 licences on the Norwegian continental shelf (NCS), 13 of those as operator and 11
88 Energy observes oil / condensate leaching from HRZ coreJan 21, 201688 Energy Limited updates on the evaluation of the core over the HRZ interval from the recently drilled Icewine#1 exploration well.
