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PetroFrontier Corp. announce that its wholly owned subsidiary, PetroFrontier (Australia) Pty Ltd ("PetroFrontier Australia") has received $2,971,884 (Australian Dollars) in respect of Research & Development tax incentives from the Australian Taxation Office plus accrued interest of $101,783.
Third Quarter Nine Months 2014 2013 % 2014 2013 % Earnings $ Millions 8,070 7,870 3 25,950 24,230 7 $ Per Common Share Assuming Dilution 1.89 1.
Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) hosted its 2014 Field Tour for analysts and institutional investors to showcase the strength and continued momentum of our operations in Albania.
Chevron Corporation (NYSE:CVX) report earnings of $5.6 billion ($2.
Oil price Oil prices came off yesterday after what has been a pretty steady week by recent standards. The US GDP figures were a touch better than expected and combined with the Fed's chatter the day before produced a rise in the dollar which never helps oil.
Neon Energy Limited (ASX: NEN) is pleased to announce that the Company has awarded a contract to CGG Services (CGG) for licensing of 200 km2 of new broadband 3D seismic data over the WA-503-P offshore petroleum exploration permit. Block WA-503-P is located offshore Western Australia, within the Dampier Sub-basin, and is operated by Neon Energy (100%).
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar.
New Standard Energy (NSE) continues to perform beyond our expectations and is delivering genuine value through the drill bit and completions in the Eagle Ford. Near-term newsflow is focused on the next two laterals.
Queensland Competitive Cash Bidding Round 3 of 2014 The Queensland Government, through the Department Natural Resources and Mines http://www.dnrm.
SeaBird Exploration Plc announce that Hawk Explorer has received a letter of intent for a 2D seismic survey in Asia Pacific region. The survey will cover approximately 15,000 km and will have an estimated value of USD 12 million.
Exoma Energy Limited (ASX: EXE) advises that it has withdrawn from the Galilee Joint Venture exploration permits (ATP 991P, ATP 996P, ATP 999P and ATP 1005P), effective as of 1 January, 2015. Following Exoma's withdrawal, CNOOC Galilee Gas Company Pty Ltd will have a 100% interest in the exploration permits.
DONG Energy has agreed to divest 5% of the UK Edradour field to Total E&P UK Limited which when completed results in an aligned DONG Energy participation of 20% in the four UK West of Shetland fields, Laggan, Tormore, Edradour and Glenlivet. Total is the sole co-owner (80%) and operator of the fields.
Vantage Drilling Company (NYSE MKT: VTG) reports net income for the three months ended September 30, 2014 of $751,000 or $0.00 per diluted share, excluding gains for the early retirement of debt and an upward revision to the tax provision, as compared to earnings of $6.
CAMBAY PSC (45% & OPERATOR), ONSHORE GUJARAT, INDIA Fracture stimulation completed All isolation plugs successfully milled out Gas and light oil flows to surface during flow-back and light oil recovered for sale Higher than expected proportion of light oil particularly encouraging Gas Sales Agreement for Cambay-73 endorsed by Government of IndiaSPA 17 AO (100% & OPERATOR), ONSHORE CANNING BASIN, WESTERN AUSTRALIA Final interpretation of 4,060 line km gravity gradiometry/magnetic survey received Confirmation of the Wallal Graben extension into adjacent Oilex acreage SPA 17 AO Application for formal exploration permit commenced on an exclusive basisCORPORATE Raised £1.17 million (AUD2.
TXO PLC, the AIM-quoted energy resource and clean technology investment company, announces that following Smart Win's motion for summary judgment in the case against Empire Energy Inc. ("Empire"), in which TXO has an indirect interest via its 25 per cent.
As various Caribbean refineries closed, reopening them faced a problem. Even if you could get cheaper WTI-based crude to them, they would be competing against US refineries powered by lower-cost natural gas.
BPZ Energy (NYSE: BPZ) (BVL: BPZ) provided an operations update regarding the 2014 exploration campaign at onshore Block XXIII. Onshore Block XXIII (100% BPZ; 200,000 acres) Three onshore shallow exploration wells, ranging in depth from 3,500 to 3,800 feet, have been drilled at Block XXIII during 2014.
Oryx Petroleum Corporation Limited announce an appraisal drilling update for the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq, including test results for the Demir Dagh-7 and Demir Dagh-8 appraisal wells ("DD-7" and "DD-8", respectively). Oryx Petroleum is the operator and has a 65% participating and working interest in the Hawler license area.
Far East Energy Corporation (OTCBB:FEEC), the U.S.
Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) report its financial results for the third quarter of 2014.
Stream Oil & Gas Ltd. (TSX-V: SKO) report its financial and operating results for the three and nine months ended August 31, 2014.
Mexco Energy Corporation (NYSE MKT: MXC) announce the purchase of various royalty interests at a price of $1,000,000 covering approximately 1,800 wells in 27 counties of Texas. Of these oil and gas reserves, approximately 77% is natural gas and 23% oil.
Synergy Resources Corporation (NYSE MKT: SYRG) (Synergy), a U.S.
Dropping energy prices—for both oil and natural gas—has investors and analysts checking to see what the break-even price is for oil production in each play in North America. This is a moving target, and it’s going lower all the time.
NuVista Energy Ltd. (TSX:NVA) is pleased to announce our results for the three and nine months ended September 30, 2014 and provide an update on our future business plans.
The directors and management of Strata-X Energy Ltd. (TSX VENTURE:SXE)(ASX:SXA) provide an update on the Burkett 5-34 HOR well, located in Clay County, Illinois.
Fluor Corporation (NYSE: FLR) announce financial results for its third quarter ended September 30, 2014. Net earnings attributable to Fluor from continuing operations rose to $183 million, or $1.
Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. The reasons for the cozier relationship between the two giant powers are, of course, rooted in the Ukraine crisis and subsequent Western sanctions against Russia, combined with China's need to secure long-term energy supplies.
Fluor Corporation (NYSE: FLR) announced that ICA Fluor, its industrial engineering, fabrication and construction joint venture with Empresas ICA, S.A.
Leni Gas & Oil (LGO) announces that the Company has successfully raised £2.3 million before expenses, by way of the placing of 48,418,167 new ordinary shares ("the Placing Shares") at a placing price of 4.
The Board of Global Petroleum Limited present its Quarterly Report for the period ending 30 September 2014. Summary From 1 July 2014 the Company is making its financial reporting currency in US Dollars.
Nostrum Oil & Gas PLC (LSE: NOG), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its operational update for the nine month period ended 30th September 2014. This update is being issued in advance of the release of its unaudited and consolidated accounts for the same period, which is scheduled for 26th November 2014.
Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to announce significant progress in achieving the proof of concept objectives for Cambay-77H. These objectives are critical to demonstrating the Cambay Field can be commercially developed using multi-stage fracture treatments (fracs) in horizontal wells.
A message from CEO - Rory Scott Russell "This quarterly report is a continuation of the message we delivered in the Annual Financial Report published on 30 September 2014; a message of continued stabilisation of the Company during the year leading to future growth potential. During the quarter, we reported production growth, and consequently increased revenue from our core assets in Trinidad, which hold over 19 million barrels of proved reserves.
Tethys Petroleum Limited (TSX:TPL) (LSE:TPL) announce the next phase of the seismic acquisition programme planned to identify the location of the first deep well to be drilled has commenced. Tethys, with partners Total and CNPC together as Bokhtar Operating Company, signed a contract to acquire a large seismic programme to add to the surveys already acquired by Tethys.
PTT Exploration and Production Plc (PTTEP) continued to report solid profit in the third quarter of this year, although higher asset depreciation, write-off and exploration costs have curtailed growth. The company posted an un-reviewed consolidated net profit of USD 477 million (equivalent to 15,284 million baht) in the July-September period, down by 16 % year-on-year (Y-o-Y), from USD 566 million.
Neste Jacobs changes its leadership model and organization to respond better to its Growth Strategy and future challenges. The Company Board approved at the end of 2013 the new long term Growth Strategy which targets to double the turnover of Neste Jacobs.
GeoPark Limited (GPRK), the Latin American oil and gas explorer, operator and consolidator with operations in Chile, Colombia, Brazil, Argentina and Peru, provides an update and preliminary internal reserve estimate for the Tigana oil field in the Llanos 34 Block in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block.
CGG announce another major commitment to its Gulf of Mexico StagSeisTM multi-client program with the prefunding of the entire 871-offshore-block program by an international E&P company. Representing over 20,000 sq.
Eni preliminary estimates the potential of Minsala Marine discovery in about 1 billion barrels of oil equivalent in place, of which 80% oil. Eni has made a new important oil discovery in the Minsala Marine exploration prospect located in the Marine XII Block offshore Congo at 35 Kilometers from the shoreline and 12 kilometers from the recent Nené Marine discovery.
| Thursday, October 30, 2014
Petromanas Energy Inc. (TSXV: PMI) provide an update on key operational and corporate initiatives for its European assets located in Albania and France.
Lundin Petroleum AB (TSX:LUP)(OMX:LUPE) (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of exploration well 6405/12-1 in PL584 has commenced. The well will investigate the hydrocarbon potential of the Lindarormen prospect in PL584, located 150 km northwest of Kristiansund on the Norwegian coast and approximately 80 km northeast of the Ormen Lange Field.
Epsilon Energy Ltd. (TSX:EPS) today reported third quarter 2014 financial and operating results.
Petroleos Mexicanos' CEO, Emilio Lozoya Austin, and Eni's CEO, Claudio Descalzi, signed today a Memorandum of Understanding and Cooperation (MoU) that establishes the basis for cooperation and knowledge sharing in the upstream, midstream and downstream areas. The MoU will also include cooperation and best practice exchanges in Health, Safety & Environment as well as Human Capital management and training.
ConocoPhillips (NYSE:COP) today reported third-quarter 2014 earnings of $2.7 billion, or $2.
Canacol Energy Ltd. (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) announce that it has established a financing relationship with Apollo Investment Corporation (NASDAQ:AINV) (or "Apollo Investment") to finance its investment in oil and gas properties in Colombia and Latin America.
Oil price Another small rally yesterday albeit slightly lost this morning on the back of a strong dollar. Traders tell me that the feel of the market stayed quite good yesterday and rallied again after the EIA stats which showed a build of 2.
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, unless noted otherwise.
Egdon Resources plc (AIM:EDR) announces the completion of drilling operations at the Burton on the Wolds-1 conventional exploration well in UK Onshore Licence PEDL201 in Leicestershire. The Burton on the Wolds-1 well was spudded on 18 October 2014 and reached a total depth of 1086 metres on 28 October 2014.
Leni Gas & Oil announce that it has agreed to acquire a license to a Full-Tensor Gravity Gradiometry ("FTG") airborne survey over the entirety of the onshore Southern Basin of Trinidad. This survey, which is an integral part of LGO's data gathering for its Cedros Peninsula leases is to be acquired as a multi-client survey by ARKeX Limited ("ARKeX").
Petrofac, the international oilfield service provider, has secured a second contract extension from South Oil Company (SOC) for support on its Iraq Crude Oil Expansion Project. The 12-month extension, worth around US$106 million, comes into effect in December and brings the total value of the contract to more than US$300 million since it was first awarded in 2012.
Crude Energy LLC, a Dallas-based exploration and production company offering oil and gas investment opportunities through oil and gas direct participation working interests, has made available the Blue Wolf #1 in the Permian Basin. The primary objective of the Blue Wolf #1 is the Lower WolfCamp with other potential zones including Cisco, Canyon, Cline, Strawn, Mississippian, Fusselman, Montoya and Ellenburger.
Questar Corporation (NYSE:STR) reported third-quarter 2014 net income of $38.6 million, or $0.
Gulf Marine Services (LSE:GMS), the leading provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, is pleased to confirm a major new contract award for one of its Large Class vessels. The vessel will commence a four-year charter (two years firm with two 12-month options) at the beginning of Q2 2015 and will be supporting well service and maintenance work in the Dutch sector of the North Sea.
Directorate change The Board of Urals Energy (AIM: UEN), the independent exploration and production company with operations in Russia, announces the resignation of Alexei Maximov as the Company's Chief Executive Officer, with effect from 31 October 2014. Alexei Maximov will also stand down as a Director of the Company with effect from the same date.
The P-66 platform's first modules, built at the Tomé Ferrostaal Consortium's Module Plant located at the Port of Maceió, Alagoas, are now ready and loaded on the São Tomé barge. The oil processing module (M08) and the oil processing and produced water treatment module (M10) will be taken on the barge to the Brasfels Shipyard in Angra dos Reis, Rio de Janeiro.
Gulf Keystone, an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq, notes today's announcement by MOL Plc., operator of the Akri-Bijeel Block in which Gulf Keystone holds 20 per cent working interest, as follows: "MOL Plc.
Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, announces an update of exploration drilling operations in the Rovuma Onshore Concession in northern Mozambique. Further to previous shareholder communications on June 20, 2014 and August 19, 2014, the Tembo-1 exploration well has reached a depth of approximately 2,965 meters in Cretaceous age rocks.
| Thursday, October 30, 2014
Ruspetro plc (LSE: RPO) announces its interim management statement for Q3 2014 and the period up to and including 29 October 2014. Financial Q3 results The Company generated revenues of US$16.
Energy XXI (NASDAQ: EXXI) (AIM: EXXI) announced that in connection with the scheduled November 4, 2014 Annual General Meeting, the shareholders have been asked to vote on a proposal to authorize the Company's Board of Directors, at its discretion, to effect a cancellation of the admission of the Company's common shares, par value $0.005 per share to the Alternative Investment Market of the London Stock Exchange ("AIM").
Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a growing portfolio of assets in the USA, is pleased to provide an operational and production update. Monthly Production (Net) Month Total Net* Production (BOE) Revenue (US$) January 2,125 154,100 February 1,960 142,670 March 2,100 150,800 April 1,265 86,130 May 1,370 101,300 June 1,450 107,735 July 2,350 193,515 August 2,498 195,609 September 2,511 201,817 *Net to Nostra Terra's working interests, after royalties (NRIs range from 78% to 81%) Q3 2014 Operations Update The Company is pleased to report that quarterly production has increased by 80% from the second quarter of 2014, and averaged 84 boepd to Nostra Terra during September.
Afren plc, (LSE: AFR, FTSE 250 index), announces its Interim Management Statement ("IMS") and financial results for the nine months ended 30 September 2014 and an update on its operations year-to-date 2014, in accordance with the reporting requirements of the EU Transparency Directive. Information contained within this release is un-audited and is subject to further review.
Cairn Energy PLC is today issuing its Interim Management Statement, in accordance with the reporting requirements of the EU Transparency Directive, which provides an update on its recent operations and guidance in respect of the Group's trading performance. This information is unaudited and subject to further review.
The Board of Directors of Royal Dutch Shell plc announce the appointment of Charles O. Holliday as Chairman with effect from the conclusion of the 2015 Annual General Meeting ("AGM"), subject to his re-appointment as a Director of the Company by shareholders at the AGM.
Oil price The oil price has definitely settled down a little with some clarity creeping back into the market but it is by no means certain to bounce from here. Yesterday was encouraging as Brent closed a dollar off the bottom and near its high for the day and today both WTI and Brent are up around 80 cents.
Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO), a leading service provider to the oil and gas industry with expanding operations in oil and gas production, today announced that the Company's eight active wells combined to produced over 1,500.
Yoho Resources Inc. (TSX VENTURE:YO) provide an operational update of its drilling operations at Kaybob, Alberta.
Penn West Petroleum (TSX: PWT) (NYSE: PWE) announce that its Board of Directors has appointed Mr. Raymond Crossley, CA to the Board effective late February, 2015, following his pending retirement from a long and distinguished career with PricewaterhouseCoopers LLP ("PwC").
OAO NOVATEK today released its consolidated interim condensed financial information as of and for the three and nine months ended 30 September 2014 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial and Operational Highlights (in millions of Russian roubles) 3Q 2014 3Q 2013 9M 2014 9M 2013 84,090 75,541 Oil and gas sales 260,504 213,907 643 107 Other revenues 1,275 336 84,733 75,648 Total revenues 261,779 214,243 (55,870) (47,080) Operating expenses (165,415) (137,749) - - Net gain on disposal of interests in joint ventures 2,623 - 100 36 Other operating income 1,850 693 28,963 28,604 Profit from operations 100,837 77,187 34,129 32,246 Normalized EBITDA of subsidiaries* 109,991 86,716 38,757 34,428 Normalized EBITDA including share in EBITDA of joint ventures* 122,059 92,714 (6,019) (27) Finance income (expense) (9,531) (5,406) (11,777) 647 Share of profit (loss) of joint ventures, net of income tax (9,731) 338 11,167 29,224 Profit before income tax 81,575 72,119 7,503 23,432 Profit 64,526 57,828 7,627 23,458 Normalized Profit attributable to OAO NOVATEK shareholders* 62,633 57,886 2.
On October 29, 2014, Rosneft is publishing its 9M14 IFRS consolidated financial results. 9M14 9M13 Change,% Operating results Hydrocarbon production (thboed) 5,073 4,831 5.
Canamax Energy Ltd. (TSX VENTURE: CAC) is pleased to announce the Company's financial and operational results for the second quarter ended August 31, 2014.
Lithuania has historically imported its gas from Russia and Gazprom. This is about to change however, with the country’s first LNG Cargo being received at its brand new floating terminal.
Miller Energy Resources, Inc. (NYSE: MILL) announces management changes and, prior to its Annual General Meeting, provides updates on its operations, strategic processes and financial positon.
KKR announce an investment in which KKR has become a non-operated working interest partner with Anadarko Petroleum Corporation (NYSE:APC) ("Anadarko") in the development of Anadarko's acreage in the Eaglebine play located primarily in Brazos, Burleson, and Robertson Counties, Texas. Through long-term, full field development, KKR expects to participate in more than 500 future horizontal wells.
The Board of UKOG is pleased to announce that the Company has today drawn the first US$1 million of a new US$10 million unsecured debt facility and has jointly applied for a 200 km2 area covering the southern part of the Isle of Wight as part of the UK 14th Landward Licence Round. Debt Facility: UKOG has entered into an unsecured US$10 million debt facility to be provided by YA Global Master SPV Ltd ("YAGM") to fund further investment in the UK oil and gas sector in accordance with the Company's investing policy (the "YAGM Facility").
BG Group is not being given the benefit of the doubt by investors, unlike its bigger rival BP Plc. after both released third-quarter results showing sizeable falls in headline profits.
Statoil's (OSE:STL, NYSE:STO) third quarter 2014 net operating income was NOK 17.0 billion, a decrease from NOK 39.
Leni Gas & Oil announce that well GY-670, the seventh of its planned 30 new development wells at the Goudron Field in Trinidad, and the second well from the third drill pad, was spudded yesterday and is drilling ahead in the Goudron Sandstones at a depth of approximately 220 feet. Well GY-670 is planned to test the Goudron and Gros Morne Sandstone reservoirs to a total depth ("TD") of at least 3,100 feet TVDss (equivalent to 3,305 feet measured depth ("MD")) and will be deviated approximately 600 feet northwest from the surface location.
Newfield Exploration Company (NYSE: NFX) report its unaudited third quarter 2014 financial results and provided an update on its operations. With the sale of Newfield's Malaysia business earlier this year and the process underway to divest its China business, the financial and operating results for the Company's international businesses are reported as "discontinued operations.
CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) announce its key operational statistics for the third quarter of 2014. In the third quarter, the Company achieved total net production of 103.
MEG Energy Corp. (TSX:MEG) today reported third quarter 2014 operating and financial results.
Anadarko Petroleum Corporation (NYSE:APC) announced third-quarter 2014 net income attributable to common stockholders of $1.087 billion, or $2.
Western Gas Partners, LP (NYSE: WES) announce that it has agreed to acquire Nuevo Midstream, LLC ("Nuevo"), a leading Delaware Basin gas gatherer and processor, for $1.5 billion.
EXCO Resources, Inc. (NYSE: XCO) (“EXCO”) today announced operating and financial results for the third quarter 2014.
SM Energy Company (NYSE: SM) announces its financial results for the third quarter of 2014 and provides an operations update. In addition, a new presentation concerning the Company's third quarter earnings and operations update will be posted on the Company's website at www.
Hess Corporation (NYSE:HES) today announced that together with its project co-owners it will proceed with the development of Stampede, an oil and gas project operated by Hess in the deepwater Gulf of Mexico. Discovered in 2005, the Stampede Field is located approximately 115 miles south of Fourchon, La.
NINE MONTHS Group revenue totalled SEK 515 million (856) EBITDA was SEK 327 million (-568) Profit after tax was SEK -212 million (-817) Earnings per share were SEK -1.87 (-22.
Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S.
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a substantial(1) subsea contract by Chevron Indonesia for the Bangka Development, located in Rapak PSC area, approximately 70km offshore the province of East Kalimantan, Indonesia. The contract covers engineering, procurement, construction, installation, commissioning and pre commissioning of flexibles, umbilical, and subsea structures.
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2014. Financial Results Record revenue, EBITDA, profit before tax and profit after tax 65.
The Board of InfraStrata plc (AIM:INFA), the independent petroleum exploration and gas storage company, is pleased to announce the appointment of Anita Gardiner as Commercial Development Director with immediate effect. After graduating from Queens University, Belfast, Anita started her career at the Prudential plc where she worked in a number of commercial roles in procurement and supply chain, real estate and operations.
Northcote (AIM: NCT), an onshore US oil and gas exploration and production company, is pleased to provide a positive operations update regarding its conventional Shoats Creek Project, Louisiana, in which the Company has a 35% Working Interest (‘WI’). This is in line with Northcote’s strategy to increase production through a combination of the low cost development of existing wellbores, including workovers and recompletions into additional payzones, and the drilling of new well locations.
Jupiter Energy Limited (ASX: "JPR", AIM: "JPRL" and KASE: "AU_JPRL") presents the following update on activities for the 3 month period ending 30 September 2014 (the "Quarter"). Also included in this report are details of subsequent events that have occurred up to the date of this release.
Forum Energy, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, notes the announcement being made by Philex Petroleum Corporation ("Philex") to the Philippines Stock Exchange today in relation to its financial performance for the nine months ended 30 September 2014. Because Philex controls approximately 60.
Global Petroleum Limited (AIM: GBP, ASX: GBP) announces a change in its functional and reporting currency as from 1 July 2014. Previously Global's functional currency has been Australian dollars (AUD/A$) and all the Company's financial reporting to date has been in Australian dollars.
Victoria Oil & Gas Plc, the emerging Cameroon utility company, announces that 678 metres of gas pipe has successfully been laid under the Wouri River to the northern Bonaberi shore in Douala, Cameroon's major industrial city. The laying of the 400mm pipe under the Wouri River extends the reach of the Gaz du Cameroun ("GDC") gas supply network to a new industrial customer hub within Douala.
| Wednesday, October 29, 2014
Solo today advises that, in partnership with Angus Energy Limited ("Angus Energy") and UK Oil & Gas Investments PLC ("UKOG"), it has submitted an application to the UK Department of Energy and Climate Change ("DECC") for a licence in the 14th Landward Licence Round ("14th Round"). Angus Energy, UKOG and Solo have applied for a 200 km2 area covering the southern part of the Isle of Wight.
Petron Energy II, Inc. (OTCBB: PEII), together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary.