NPD reports slight increase in the resource base on the Norwegian shelfFeb 26, 2016The NPD's estimate of total discovered and undiscovered petroleum resources on the Norwegian continental shelf has increased with 0.1 billion standard cubic metres of oil
Canadian oil production expected to increase despite lower pricesFeb 26, 2016Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices
Tourmaline Oil reserves reach 1.1 billion boeFeb 25, 2016Tourmaline Oil Corp has enjoyed another record year of material, profitable reserve additions with ever-improving efficiencies. Company’s proved plus probable reserves increased to
Eland Oil reports strong production performance from the Opuama fieldFeb 17, 2016George Maxwell, CEO of Eland, says that the strong production performance from the Opuama field in OML40 continued throughout 2015, with production and uptime at record levels.
Whitecap Resources makes 27% increase to 2015 year-end reservesFeb 12, 2016Whitecap Resources Inc. presents the results of our independent 2015 year end oil and gas reserves evaluation prepared by McDaniel & Associates Consultants Ltd.
Pine Cliff reports more than 120% increase in 2015 year-end reservesFeb 12, 2016Pine Cliff Energy Ltd. declares its 2015 year-end reserves. Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited (McDaniel) in accordance with National Instrument
Exillon Energy declares January 2016 production figuresFeb 11, 2016Exillon Energy plc declares unaudited production data for the month of January 2016. Average daily production was 15,094 bbl/day during the period.
Lukoil's proved oil reserves decreases to 12.6 billion barrelsFeb 10, 2016PJSC LUKOIL finished an evaluation and independent audit of its oil and gas reserves as of December 31, 2015. The evaluation was performed in accordance with the US Securitie
CONSOL Energy adds 934 Bcfe of proved reserves in 2015Feb 8, 2016During 2015, CONSOL Energy Inc. added 934 Bcfe (net to CONSOL) of proved reserves through extensions and discoveries.
Andes Energia production for December 2015 was 3,287 bpdFeb 4, 2016The Board of Andes says that Group production for December 2015 was 3,287 bpd. Argentine licences production update for the month of December 2015:
Callon Petroleum declares 2015 year-end reservesFeb 3, 2016Callon Petroleum Company declared its outlook for 2016 activity and an operational update, including revised fourth quarter 2015 guidance estimates and proved reserve estimates
Nighthawk Energy declares 2015 productionFeb 2, 2016Nighthawk says that for the year ended 31 December 2015, gross production was approximately 654,800 barrels (536,900 net barrels) or 1,794 gross barrels per day.
NOVATEK declares year-end 2015 reservesJan 27, 2016OAO NOVATEK declared that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company's hydrocarbon
Andes Energia increases production by approximately 1,469 bpdJan 26, 2016Andes Energia has drilled 26 new successful development wells since the end of June 2015 increasing production by approximately 1,469 bpd (293 bpd net to Andes)
President's Paraguay concessions holds some 3Tcf and 440MMbblsJan 25, 2016President Energy says that Pirity and Hernandarias Concessions now estimated to hold some 3Tcf and 440MMbbls (equivalent to 940 MMboe) of gross mean Prospective
Zargon Oil & Gas releases Q4 2015 production volumesJan 22, 2016Zargon Oil & Gas Ltd. declares fourth quarter 2015 production volumes, provides a Little Bow Alkaline Surfactant Polymer (ASP) project update and announces 2015 year end reserves.
NuVista Energy production stands approximately 23,400 Boe/d in Q4 2015Jan 22, 2016NuVista Energy Ltd. declares a number of updates that highlight the economic viability and flexibility of NuVista's ongoing business. Corporate metrics have met all original guidance expectations
Birchcliff Energy reports record production in 2015Jan 22, 2016Birchcliff Energy Ltd. says that its current production is approximately 42,000 boe per day. Birchcliff estimates that its 2015 annual average production was approximately 39,000 boe
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
Independent Resources Q4 net production of oil stands at 15,400 barrelsJan 21, 2016Independent Resources releases its trading update for the fourth quarter of 2015. Completion of East Ghazalat acquisition providing IRG with revenue generating assets in Egypt
Connacher Oil and Gas to reduce production at Great DivideJan 20, 2016Connacher Oil and Gas Limited says that in light of exceptionally low commodity prices, the Company plans to further reduce production at Great Divide.
Sterling reports decline in production at the UK Breagh gas fieldJan 20, 2016Sterling Resources Ltd. says that production at the UK Breagh gas field continues slightly ahead of management's expectations based on well decline rates previously
Tamarack Valley Energy achieves record fourth quarter 2015 productionJan 20, 2016Tamarack Valley Energy Ltd. says that a successful second half 2015 drilling program in the Wilson Creek and Alder Flats areas of Alberta contributed to a record fourth quarter