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Sea Dragon Energy announces first quarter 2013 financial and operating results

Sea Dragon Energy Inc. (TSXV: SDX) announces its 2013 first quarter financial and operating results (the "Quarter" or "Q1 2013").
Worldwide | Friday, May 24, 2013

Mercom Oil Sands provide result of General Meeting

Speaking to shareholders at today's General Meeting, Mercom Non-executive Chairman Patrick Cross said: The Company's strategy is to create shareholder value through the investment of its cash assets. The Board of Mercom believes this will generate better returns while bank deposit rates remain low and its farm-in agreement with Nordic Petroleum is being resolved.
Worldwide | Friday, May 24, 2013

DMT completes 3D seismic exploration in Rioja, Spain

Despite adverse weather conditions, the Essen based firm DMT GmbH & Co. KG completed its 3D seis-mic exploration of conventional natural gas in the Northern Spanish region of Rioja on schedule in March 2013.
West Europe | Friday, May 24, 2013

Armour Energy provide update for the Egilabria 2 well

The Directors of Armour Energy Ltd (ASX: AJQ) wish to provide an update of progress with drilling ofthe Egilabria 2 vertical well in the Company's 100% owned tenement(ATP 1087)in Queensland. The first well stage was drilled to a depth of 322m and a 13?3/8' casing was then set and successfully cemented at the base of the Mesozoic sediments of the Carpentaria Basin.
Australasia | Friday, May 24, 2013

Tap Oil provide update for the Taunton-5/5H well

Tap Oil Limited (ASX:TAP) provides the following update of the Taunton-5/5H well to appraise the Taunton oil field, located in the TL/2 production license and TP/7 exploration permit. Location/Proposed Depth The Taunton oil field was discovered in 1991 by the Taunton-1 well.
Australasia | Friday, May 24, 2013

Bengal's drilling campaign continues to show 100% success rate at Cuisinier in the Cooper Basin

Bengal Energy Ltd. (TSX: BNG) announce that Cuisinier 11 ("Cuisinier 11"), the fourth well in the 2013 Cuisinier appraisal drilling campaign on the Barta sub-block portion of Authority to Prospect ("ATP") 752P in the Cooper-Eromanga Basin, in Queensland, Australia, has been cased as a future oil producer.
Australasia | Friday, May 24, 2013

The Port Arthur steam cracker in Texas is now processing ethane from shale gas

To capitalize on the shale gas revolution in the United States, the BASF TOTAL Petrochemicals LLC (BTP) joint venture (40% Total, 60% BASF) revamped the Port Arthur steam cracker in Texas to process ethane, found in abundance in U.S.
North America | Friday, May 24, 2013

OilVoice Morning Movers - Caza Oil & Gas, Rialto Energy and Frontera Resources

Caza Oil & Gas (LON:CAZA) announced this morning that it has entered into a note purchase agreement with Apollo Investment Corporation, through which Apollo Investment Management has agreed to purchase up to $50 million of senior secured notes of Caza Oil & Gas. The AIM listed company reported that it received $20 million at the closing of the agreement and could draw additional advances of up to $30m in aggregate at its discretion during the following 15 months, subject to conditions.
Worldwide | Friday, May 24, 2013

Petrolia delighted with Quebec Environment Minister's position

Pétrolia (TSX VENTURE:PEA) is pleased by the position announced by the Minister of Sustainable Development, Environment, Wildlife and Parks regarding exploration to be carried out on Anticosti Island to determine its oil production potential. Pétrolia wants to help set up the scientific oversight the government is calling for.
North America | Friday, May 24, 2013

Genoil appoints Bengt Koch, former Executive Chairman of Atlantic Container Lines, to Advisory Board

Genoil (TSX VENTURE:GNO) (OTCBB:GNOLF) announce that it has appointed Bengt Koch, former Executive Chairman of Atlantic Container Lines ("ACL"), a leading Swedish container ship line, to the Company's Advisory Board. Mr.
North America | Friday, May 24, 2013

Important BP oil spill lawsuit update

British oil company British Petroleum has been facing ongoing problems since its 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The disaster spilled millions of barrels of oil into the Gulf and became known as the largest marine oil spill in the petroleum industry's history.
North America | Friday, May 24, 2013

Lundin granted drilling permit for well 16/3-6 in production licence 501

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/3-6, cf. Section 8 of the Resource Management Regulations.
West Europe | Friday, May 24, 2013

3D Oil awarded permit adjacent Thylacine Gas Field

3D Oil Limited (ASX: TDO) advise it has been awarded a new exploration permit, T/49P in the offshore Otway Basin of Tasmania, bid on in 2012 Australian Offshore Gazettal round. T/49P covers an area of 4,960 km2 in water depths generally no greater than 100m.
Australasia | Friday, May 24, 2013

Ridgeline announces new Texas facility installation

Ridgeline Energy Services Inc. (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) a technology driven company operating in the waste water industry announces new facility in Texas.
North America | Friday, May 24, 2013

Petroamerica tests light oil from its Curiara-1 exploration well in Colombia

Petroamerica Oil Corp. (TSX-V:PTA), a junior oil and gas company operating in Colombia announce an oil discovery with its Curiara-1 well, which tested light 40o API oil at an average rate of more than 800 barrels of oil per day ("bopd") from the Mirador Formation.
South America | Friday, May 24, 2013

Torchlight Energy to commence drilling in Marcelina Creek project

Torchlight Energy Resources, Inc. (OTCQB: TRCH) announced that Edde Drilling, the drilling contractor on their Marcelina Creek Project in Wilson County, TX, will spud the Johnson #2H well within the next few days.
North America | Friday, May 24, 2013

InterOil and Pacific LNG Group enter into exclusive negotiations with ExxonMobil on development of the Elk and Antelope resource

InterOil Corporation (NYSE: IOC) (POMSoX:IOC) and its joint venture partner, Pacific LNG Group, have entered into exclusive negotiations with ExxonMobil Papua New Guinea Ltd., a subsidiary of ExxonMobil (NYSE: XOM), on the development of Petroleum Retention License 15 (PRL 15), which comprises the Elk and Antelope fields in the Gulf Province of Papua New Guinea.
Australasia | Friday, May 24, 2013

STEALTHGAS reports first quarter 2013 financial and operating results

STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for the first quarter ended March 31, 2013.
North America | Friday, May 24, 2013

Polar Petroleum enters license agreement with Fugro to acquire magnetic data & interpretation for the company's Alaska-based North Slope projects

Polar Petroleum Corp. (OTCBB:POLR) announces that on May 17, 2013, the Company signed an agreement with Fugro Gravity and Magnetic Services (part of the Fugro group) to license magnetic data and receive interpretation services for Polar's Hemi Springs Project and Franklin Bluffs Project on Alaska's North Slope.
North America | Friday, May 24, 2013

Halcon Resources provides Utica/Point pleasant operational update

Halcón Resources Corporation (NYSE:HK) provided an operational update specific to its acreage in Northeast Ohio and Northwest Pennsylvania, the Company's core area in the Utica/Point Pleasant play. The Phillips 1H (90% WI), located in Mercer County, Pennsylvania, tested at a peak rate of 120 barrels of condensate per day and 2.
North America | Friday, May 24, 2013

TransAtlantic Petroleum announces first quarter 2013 financial results

TransAtlantic Petroleum Ltd. (TSX:TNP) (NYSE-MKT:TAT) announced financial results for the quarter ended March 31, 2013, provided an operations update and scheduled an investor conference call and annual meeting.
North America | Friday, May 24, 2013

Max Petroleum announce that it has commenced drilling the UTS-5 exploration well

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-5 exploration well in the Uytas North prospect on Block A using Zhanros Drilling's ZJ-20 rig. The Uytas North prospect is a four-way anticline, targeting Triassic resource potential of 11 million barrels of oil with a geological chance of success of 24%.
Russia FSU | Friday, May 24, 2013

Noble Energy announces $500,000 donation to support Oklahoma relief and recovery

Noble Energy, Inc. (NYSE: NBL) announced that the company will donate $500,000 to support disaster-relief and recovery efforts for the communities affected by the devastating tornadoes that recently swept through central Oklahoma.
North America | Friday, May 24, 2013

Apache pledges $500,000 to build storm shelters and safe rooms for Oklahoma schools

Following the devastation caused by recent deadly tornadoes in Moore, Okla., Apache Corp.
North America | Friday, May 24, 2013

Marksmen Energy provide update on Ohio projects

Marksmen Energy Inc. (TSX VENTURE:MAH) has retained Mustagh Resources Ltd to design the first 3D seismic program related to the Houghton Project in Ohio, prior to the Company tendering for bids from seismic companies in the Ohio area later this month.
North America | Friday, May 24, 2013

Alexander Energy annnounce 12-12-56-27W4 well tests at 240 bopd

Alexander Energy Ltd., (TSX VENTURE:ALX) announces that the recently drilled 12-12-56-27W4 well tested at rates in excess of 240 bbls/day of oil with minimal gas, and 2% water.
North America | Friday, May 24, 2013

Zedi announces Q1 results; Revenue continues to grow

Zedi Inc. (TSX VENTURE:ZED) "We kicked off 2013 with year over year revenue growth of 6% in, what continues to be, a tough market, led by our artificial lift and data management solutions.
North America | Friday, May 24, 2013

Blacksteel Energy announces farm-in at Buck Lake, Alberta

Blacksteel Energy Inc. (TSX VENTURE:BEY) announce that it has entered into a farm-in agreement with an industry partner to participate in the drilling of horizontal wells in the Cardium oil formation in the Buck Lake area of Alberta.
North America | Friday, May 24, 2013

Cordy Oilfield Services Inc. reports first quarter results

Cordy Oilfield Services (TSX VENTURE:CKK) released today its first quarter results for the period ending March 31, 2013. The Corporation's revenues from continuing operations for the year ended March 31, 2013 increased $1.
North America | Friday, May 24, 2013

Canadian Natural Resources Limited prices C$500 million in 7 year notes

Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) has priced C$500 million principal amount of 2.89% unsecured notes due August 14, 2020 which have been sold to investors in Canada.
North America | Friday, May 24, 2013

Chevron contributes to Oklahoma tornado relief efforts

Chevron Corporation (NYSE: CVX) announced that it has made a $500,000 contribution to the American Red Cross for the relief efforts under way to assist victims of the tornadoes that struck Moore, Oklahoma, earlier this week. In addition, the company will match donations made to the relief effort by its employees and retirees.
North America | Friday, May 24, 2013

Murphy Oil announces second $250 million accelerated share repurchase transaction and completion of previous accelerated share repurchase transaction

Murphy Oil Corporation (NYSE:MUR) announced that it has entered into a variable term, capped accelerated share repurchase transaction (the 'ASR') with Merrill Lynch International to repurchase an aggregate of $250 million of the Company's common stock. The ASR is the second part of the board authorized program to repurchase up to $1 billion of the Company's stock announced on October 16, 2012.
North America | Friday, May 24, 2013

Petrobras pays interest on own capital

Petrobras announces that on May 27th, 2013 it will be paying the 2nd installment of remuneration to shareholders related to the 2012 fiscal year. The third and last installment will be paid on August 30th, 2013.
South America | Friday, May 24, 2013

Petrobras issues US$ 11 billion in Global Notes

Petrobras announces that it closed on May 20th the issuance of Global Notes in the international capital markets in the amount of US$ 11 billion through its wholly owned subsidiary Petrobras Global Finance B.V.
South America | Friday, May 24, 2013

North American Petroleum announce its participation in additional well in the Woodford Formation, Oklahoma

North American Petroleum Plc, a company focussed on developing its interests in proven US onshore oil and gas formations, is pleased to announce its participation in its first well targeting the proven Woodford formation, Oklahoma which is currently waiting to spud. This is in line with the Company's strategy to build net production and reserves by acquiring and developing leases in liquids rich hydrocarbon plays.
North America | Friday, May 24, 2013

Petrobras completes drilling and testing well in Transfer of Rights area

Petrobras has completed drilling and conducted a formation test in the well that discovered oil in the Rights Transfer area referred to as Florim, in the Santos Basin pre-salt cluster. Well 1-BRSA-1116-RJS (1-RJS-704), informally known as Florim, is located at a water depth of 2,009 meters, 206 km off the coast of the Rio de Janeiro state.
South America | Friday, May 24, 2013

Insight: Future onshore global hotspots

We have several reasons for believing that onshore exploration will see a resurgence, globally, and we can identify specific plays, basins and countries which will prove attractive. It is fashionable to identify deepwater – especially in the South Atlantic, unconventionals – especially in North America, and the Arctic – offshore Alaska, Russia, perhaps Greenland – as the ‘hot spots’ in the current global exploration scene.
Worldwide | Friday, May 24, 2013

Falcon Oil & Gas announces the purchase of Sweetpea's 24% minority interest in subsidiary Falcon Oil & Gas Australia Limited

Falcon Oil & Gas Ltd. (TSX VENTURE:FO) (AIM:FOG) (ESM:FAC), announces that it has executed a conditional agreement with Sweetpea Petroleum Pty Ltd, a wholly-owned subsidiary of PetroHunter Energy Corporation ("Sweetpea") (the "Agreement"), to acquire its 50 million shares or 24.
Australasia | Friday, May 24, 2013

Nostra Terra Oil and Gas: Initial $200,000 received from Richfield judgement

Further to the announcement on 4 March, Nostra Terra, the AIM quoted oil and gas producer with a portfolio of assets in the USA, is pleased to provide an update on the Richfield Oil & Gas Company ("Richfield") Note (as defined below). On 14 April 2011 Richfield (formerly Hewitt Energy Group, Inc.
North America | Friday, May 24, 2013

Caza Oil & Gas announces execution of US$50,000,000 note purchase agreement

Caza Oil & Gas, Inc. (TSX:CAZ) (AIM:CAZA)announce today that it has entered into a Note Purchase Agreement (the "Agreement") with Apollo Investment Corporation, an investment fund managed by Apollo Investment Management, (the "Note Holder") pursuant to which the Note Holder has agreed to purchase from the Company up to US$50,000,000 of senior secured notes of the Company (the "Notes").
Worldwide | Friday, May 24, 2013

Parkmead Group provide update on irrevocable undertakings

Parkmead today announces that it has received an irrevocable undertaking from Mr Robert Frost in respect of 3,781,570 Lochard Shares (representing 1.27 per cent.
West Europe | Friday, May 24, 2013

Petroceltic International provide Western Black Sea drilling update

Petroceltic International plc, the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and Black Sea regions, today provides an update on its western Black Sea drilling operations where the GSP Prometeu jack-up drilling rig has completed the first of four wells planned for this year. The Kamchia-1 exploration well offshore Bulgaria was designed to test a prospect located in the central area of the Galata exploration concession.
Worldwide | Friday, May 24, 2013

Xtract Energy provide final results for the year ending 31 December 2012

Xtract (AIM: XTR) announces its audited results for the year ending 31 December 2012. Operational Summary 2012 was a year of reorganisation and consolidation for Xtract in which it: Undertook a capital and management reorganisation which was approved at the General Meeting held in September 2012 Completed a board re-organisation and appointed Colin Bird as Executive Chairman Divested of its assets in Denmark and the Netherlands Signed an agreement with Santos to pursue an exit from their jointly held interest in KNG Hydrocarbons in the Kyrgyz Republic, realising shares in Equus Mining Limited which were ultimately disposed of in February 2013 for a gross consideration of £0.
West Europe | Friday, May 24, 2013

FMC Technologies awarded subsea equipment contract for Shell's Stones field

FMC Technologies, Inc. (NYSE: FTI) announced that it has received an order from Shell for the supply of subsea equipment to support the Stones field development.
North America | Thursday, May 23, 2013

CanElson Drilling announces $25 million bought deal financing

CanElson Drilling Inc. (TSX:CDI) announced that it has entered into an agreement with a syndicate of Underwriters pursuant to which the Underwriters have agreed to purchase on a bought deal basis 5.
North America | Thursday, May 23, 2013

Painted Pony reports record production, announces first quarter 2013 financial results, operational update and officer retirement

Painted Pony Petroleum Ltd. (TSX VENTURE:PPY) is pleased to report its financial and operating results for the three month period ending March 31, 2013.
North America | Thursday, May 23, 2013

Questfire Energy announces 2013 first quarter financial results

Questfire Energy Corp. (TSX VENTURE:Q.
North America | Thursday, May 23, 2013

Pan Orient Energy provide 2013 first quarter financial & operating results

Pan Orient Energy Corp. (TSX VENTURE:POE) is pleased to provide highlights of its 2013 first quarter consolidated financial and operating results.
Asia Far East | Thursday, May 23, 2013

Salamander Energy provide AGM statement

At the Group's Annual General Meeting to be held later today, Charles Jamieson, Chairman of Salamander Energy, will make the following statement: "The Group issued an Interim Management Statement on Monday that provided a detailed update on current activity. To summarise, Group production is ahead of budget and is currently at around 18,000 bopd.
Worldwide | Thursday, May 23, 2013

MEO awarded Bonaparte Basin Exploration Permit WA-488-P

MEO Australia Limited (ASX: MEO; OTCQX: MEOAY) advises that it has has been awarded a new exploration permit, WA-488-P in the Bonaparte basin, as part of the 2012 Gazettal Round. MEO will hold 100% interest in the permit.
Australasia | Thursday, May 23, 2013

Approach Resources reports temporary curtailment of production due to third-party facility power failure

Approach Resources Inc. (NASDAQ: AREX) reported that its production has been curtailed due to a power outage at the Phillips 66 Sweeny, Texas refinery.
North America | Thursday, May 23, 2013

Mart announces financial and operating results for the three months ended March 31, 2013

Mart Resources, Inc. (TSX VENTURE:MMT) announce its financial and operating results (all amounts in United States dollars unless noted) for the three months ended March 31, 2013 ("Q113"): THREE MONTHS ENDED MARCH 31, 2013 Mart's share of average daily oil produced and sold for Q113 from the Umusadege field was 2,571 barrels of oil per day ("bopd") compared to 6,936 bopd for the three months ended March 31, 2012 ("Q112").
North America | Thursday, May 23, 2013

Leni Gas & Oil provide update on Maxim joint venture in Trinidad

Leni Gas & Oil announces that, further to its announcement on 14 March 2013 concerning a non-binding Heads of Agreement ("HOA") with Maxim Resources Inc. ("Maxim"), who are listed on the TSX Venture Exchange in Toronto, ("TSX-V") the TSX-V has now released the hold on Maxim shares and Maxim have issued a further press release.
Central America | Thursday, May 23, 2013

Horizon Oil announces strategic alliance with Osaka Gas in Papua New Guinea

Key points Horizon Oil advises that it has today entered into an agreement to sell 40% of its Papua New Guinea assets to Osaka Gas Co. Ltd.
Australasia | Thursday, May 23, 2013

Pan Pacific Petroleum preparing to drill in Vietnam

Pan Pacific Petroleum is pleased to advise that the 'Ocean General' semi-submersible drilling rig is now on tow to Block 121 to drill the whale prospect as well Ca Voi-1X. The well is expected to spud during the first week of June.
Asia Far East | Thursday, May 23, 2013

Donnycreek provides Alberta operations update

Donnycreek Energy Inc. (TSX VENTURE:DCK) reports that it currently has 322 gross (226 net) sections of Montney lands in the greater Kakwa / Wapiti / Chicken area of Alberta and is producing approximately 640 boe/d (54% liquids) from two of its three Kakwa Montney gas wells.
North America | Thursday, May 23, 2013

Oil Search provide Mananda 6 well update

As at 06:00 hrs PNG time on 23 May, the well was at a depth of 1,808 metres and preparing to drill ahead in a 6' hole. During the week, 586 metres of section was drilled prior to setting 7' casing.
Australasia | Thursday, May 23, 2013

Oil Search provide Flinders 1 well update

Oil Search reports that as at 06:00 hours PNG time on 23 May, the Flinders 1 well was in the final stages of abandonment. During the week, a notice confirming the discovery of gas at Flinders was submitted to the PNG authorities.
Australasia | Thursday, May 23, 2013

Oil Search provide Taza 1 ST2 well update

Oil Search reports that as at 06:00 hours KRI time on 23 May, the Taza 1 ST2 well was at a depth of 3,351 metres and undertaking a well test on the open hole section, which includes the Euphrates Formation. The initial results of the test, which has included acid stimulation, indicate a significant improvement in flow rates to those seen in the previous test.
Middle East | Thursday, May 23, 2013

Bengal Energy to form strategic joint venture with Beach Energy Ltd. for Cooper Basin exploration and development program

Bengal Energy (TSX: BNG) announce that it has agreed to form a strategic joint venture (the "JV") for the exploration and development of its 100% owned Tookoonooka Block ("ATP 732") in the Cooper Basin of Australia with Beach Energy Ltd. ("Beach"), an Australian energy company (ASX: BPT).
Australasia | Thursday, May 23, 2013

WesternZagros announces first quarter 2013 operational and financial results

WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") announced today its operating and financial results for the first quarter ended March 31, 2013, and additional key highlights and activities to date.
North America | Thursday, May 23, 2013

Leni Gas & Oil provide AGM statement and result

At today's Annual General Meeting, Neil Ritson, on behalf of the Chairman, opened the meeting with the following statement: "As expected, 2012 was a transformational year for LGO with the successful shift to Trinidad with particular emphasis on a growth in production. The Board and I are delighted with the position we have now managed to obtain in the onshore Trinidad oil belt and we see this, supported by our position in Spain, as providing the springboard for future growth.
Worldwide | Thursday, May 23, 2013

OilVoice Morning Movers - Nighthawk Energy and Salamander Energy

Nighthawk Energy (LON:HAWK) announced this morning that it has discovered a significant amount of oil at its Smoky Hill project in Colorado's Denver-Julesburg Basin. The Big Sky 4-11 well found a substantial oil column, confirming the north-east extension of the Arikaree Creek oilfield discovered by Nighthawk's Steamboat Hansen 8-10 well late last year.
Worldwide | Thursday, May 23, 2013

Summary from Alliance Oil Company's AGM

Alliance Oil Company Ltd's shareholders gathered in Stockholm for the Annual General Meeting (AGM). The AGM adopted the consolidated profit or loss and financial position statements.
West Europe | Thursday, May 23, 2013

Lundin Norway completes exploration well 7/4-3 on the Carlsberg prospect in Norway

Lundin Petroleum AB has, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), completed the drilling of wildcat well 7/4-3. The well was drilled 24 km north of the Lundin Petroleum operated Brynhild field in the North Sea, offshore Norway, and approximately 22 km east of the UK Everest field.
West Europe | Thursday, May 23, 2013

Whitecap Resources closes previously announced Dodsland Viking light oil acquisition

Whitecap Resources Inc. (TSX: WCP) announce successful completion of the acquisition of an existing Viking light oil waterflood asset in the Dodsland area of west central Saskatchewan as previously detailed in our April 29, 2013 press release.
North America | Thursday, May 23, 2013

PetroNova announces first quarter 2013 results

PetroNova Inc. (TSX-V: PNA), a company engaged in the exploration and development of oil and natural gas resources in Colombia, today announced its operational and financial results for the quarter ended March 31, 2013.
North America | Thursday, May 23, 2013

Wrangler West reports 2013 first quarter operating and financial results

Wrangler West Energy Corp. ("Wrangler West" or the "Company") (TSX-V"WX") announces filing on SEDAR of the Company's unaudited Financial Statements and related Management's Discussion and Analysis ("MD&A") and the 2013 First Interim Report to Shareholders for the three months endedMarch 31, 2013 with comparative data for the three months ended March 31, 2012.
North America | Thursday, May 23, 2013

Reversing the UK energy deficit

In regards to energy usage, the UK is in a position which is not wholly desirable. The fact of the matter is that the UK's requirement for energy is considerably larger than its production.
West Europe | Thursday, May 23, 2013

First Titan moves forward with Texas acquisitions as State's oil production outpaces rivals

With Texas Tea flowing at a record pace in 2013, First Titan Corp. (OTCBB: FTTN) has placed the Lone Star State at the center of its aggressive oil and gas acquisitions strategy.
North America | Thursday, May 23, 2013

Brazil to hold oil auction one month earlier than expected


Brazil is to hold an auction for rights to explore some of its most promising offshore oil and natural gas areas one month earlier than expected, the GloboNews 24-hour TV news channel reported Thursday. The auction date has been moved to October to capitalize on strong demand for high-risk frontier areas at a May 14 auction, the first in Brazil in five years, GloboNews said in an unsourced report.
South America | Thursday, May 23, 2013

3MV Energy announces appointment of interim CEO

3MV Energy Corp. (TSXV: TMV) announces that Dallas C.
North America | Thursday, May 23, 2013

Gale Force to buy additional Texas Reef Property interests, issues incentive stock options

Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) announced that it has reached agreements to purchase two sets of minority working interests in its Texas Reef Properties, which will increase its ownership in such properties by approximately 10%, to a total of 90%.
North America | Thursday, May 23, 2013

Tullow Oil provide update on Norway well

Lundin Petroleum AB, the operator of the 7/4-3 well drilled on the Carlsberg prospect in the Norwegian North Sea, in which Tullow Oil plc is a 40% partner, today issued the following statement. "Lundin Petroleum AB (Lundin Petroleum) has, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), completed the drilling of wildcat well 7/4-3.
West Europe | Thursday, May 23, 2013

Salamander Energy announces that the Bedug-1 exploration well in the Bontang PSC has been concluded as a gas discovery

Salamander announces that the Bedug-1 exploration well in the Bontang PSC has been concluded as a gas discovery[i]. Bedug-1 was drilled using the Ocean General semi-submersible rig, the well reaching a total depth ('TD') of 1,693 m true vertical depth sub-sea ('TVDSS').
Asia Far East | Thursday, May 23, 2013

Whitecap Resources closes previously announced Dodsland Viking light oil acquisition

Whitecap Resources Inc. (TSX: WCP) announce successful completion of the acquisition of an existing Viking light oil waterflood asset in the Dodsland area of west central Saskatchewan as previously detailed in our April 29, 2013 press release.
North America | Thursday, May 23, 2013

Eclairs Group: An Open Letter to shareholders of JKX Oil & Gas plc

Eclairs Group Ltd has today written an open letter to the shareholders of JKX Oil & Gas plc ("JKX" or "the Company") recommending shareholders vote against various resolutions including the re-election of Dr Paul Davies as a Director at the forthcoming AGM on 5 June 2013. We have serious concerns over JKX’s operational and financial performance, which has been in consistent decline over a number of years: 88% share price fall in the last five years, as the market capitalisation of the Company has declined from £838m as of 21 May 2008, to £100m as at 21 May 2013 39% fall in production from its peak of 4.
Worldwide | Thursday, May 23, 2013

Approximately 30 LNG mobile fueling units serving drill/frack operations, Zeus Analysis Says

A recent overview of the North American LNG fueled drilling and fracking market by Zeus Development has identified LNG mobile fueling units as a linchpin for market development. Company analysis has suggested that roughly 30 of these units are, or will soon be, used in a variety of operations serving the oil and gas industry across North America.
North America | Thursday, May 23, 2013

Westbridge Energy comments on Walvis Basin activity

Westbridge Energy Corporation (TSX VENTURE:WEB)(FRANKFURT:PUQ1) commented on data and recent drilling results from the Wingat well, in the Walvis Basin, offshore Namibia, and the insight it provides Westbridge regarding its licenses in the Walvis Basin. May 20th, 2013 this week the results from drilling Wingat-1 were announced by a Brazilian exploration company.
Africa | Thursday, May 23, 2013

Nitro Petroleum to commence drilling of the Giant # 1-21 well

Nitro Petroleum Inc. (OTCBB:NTRO) announce that we will commence drilling of the Giant # 1-21 well on May 23, 2013.
North America | Thursday, May 23, 2013

Vanoil acquires Fluormin Plc.

Vanoil Energy Ltd. (TSX VENTURE:VEL) announce that it has acquired all the issued and to be issued shares of Fluormin Plc.
North America | Thursday, May 23, 2013

PetroBakken Energy changes name to Lightstream Resources Ltd. and announces voting results from shareholder meeting

PetroBakken Energy Ltd. (TSX:PBN) announces that our shareholders have approved our name change to Lightstream Resources Ltd.
North America | Thursday, May 23, 2013

NuVista Energy Ltd. provides operational update

NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to provide an update on recent Wapiti Montney well results and company production levels.
North America | Thursday, May 23, 2013

Arcan delivers improved quarter-over-quarter results in first quarter of 2013

Arcan Resources Ltd. (TSX VENTURE:ARN) announce its financial and operating results for the three month period ended March 31, 2013.
North America | Thursday, May 23, 2013

Falcon commences a fully carried multi well drilling operation with NAFTNA Industrija Srbije Jsc in the Mako Trough, Hungary

Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC), announce that further to its press release dated 14 January 2013, NIS has executed a drilling contract with Germany-based drilling company DrillTec Grossbohr- und Umwelttechnik GmbH ("DrillTec") for the multi well programme.
West Europe | Thursday, May 23, 2013

Technip awarded contract for flare modification in Abu Dhabi

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by ADMA-OPCO(1) a lump-sum turnkey contract for the engineering, procurement, construction, pre-commissioning, commissioning and start-up assistance for flares modification and revamp project on Das Island. Das Island is located 290 kilometers offshore Abu Dhabi, United Arab Emirates, in the Gulf.
Middle East | Thursday, May 23, 2013

KBC Advanced Technologies announce appointment of Non-Executive Director

KBC is pleased to announce the appointment of Paul Taylor as a Non-Executive Director with effect from 24 May 2013. Paul Taylor is a Fellow of the Association of Chartered Certified Accountants and served as Group Finance Director of AVEVA Group plc between March 2001 and January 2010.
Worldwide | Thursday, May 23, 2013

KBC Advanced Technologies provide AGM statement

At KBC's AGM to be held at 3.00 pm today Ian Godden, Chairman, will make the following statement.
Worldwide | Thursday, May 23, 2013

Plexus Holdings announce additional £1m well order from GDF Suez

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce it has received a purchase order worth circa £1 million from Gaz de France Suez E&P UK Ltd ('GDF'), a leading oil and gas company, to supply its POS-GRIP High Pressure High Temperature ('HP/HT') wellhead system for exploration activities in the UK North Sea. Revenue from this order has recently commenced.
West Europe | Thursday, May 23, 2013

Wood Group PSN will deliver O&M services to Hess

Wood Group PSN (WGPSN) will deliver operations & maintenance services to Hess Corporation's Baldpate production platform in the deepwater Gulf of Mexico, under a new five-year contract. WGPSN will also provide these services to Hess for the Tubular Bells and Stampede deepwater facilities in the Mississippi Canyon and Green Canyon regions of the Gulf of Mexico when they come on stream in the future.
North America | Thursday, May 23, 2013

Bowleven announces update on operations on the Etinde Permit in Cameroon

Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces the following update on operations on the Etinde Permit in Cameroon. Drilling operations - IM-5 well Following the successful testing of the Middle Isongo and Intra Isongo reservoirs, the IM-5 well has been suspended as a future development/producing well and the Atwood Aurora jack-up rig has been released from contract.
Africa | Thursday, May 23, 2013

Wentworth Resources Limited provide Q1 2013 financial statements and MD&A

Wentworth Resources Limited, the Oslo Stock Exchange (OSE: WRL) and London Stock Exchange (AIM: WRL) listed independent, East Africa-focused oil & gas company, today announces its results for the three months ended March 31, 2013. The following should be read in conjunction with the Q1 2013 Management Discussion and Analysis and Financial Statements which are available on the Company's website at http://www.
Africa | Thursday, May 23, 2013

Parkmead Group announce offer for Lochard Energy Group plc

Summary The boards of Parkmead and Lochard are pleased to announce that they have reached agreement on the terms of a recommended all-share offer for Lochard, pursuant to which Parkmead will acquire the entire issued and to be issued ordinary share capital of Lochard (the "Acquisition"). It is intended that the Acquisition be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act.
Worldwide | Thursday, May 23, 2013

Ascent Resources provide final results for the year ended 31 December 2012

The year to 31 December 2012 was very disappointing. The Company was unable to progress the Petišovci project in Slovenia as a result of the failure to receive the joint venture partner consents required to release the necessary bank funding.
Worldwide | Thursday, May 23, 2013

Nighthawk announce significant oil discovery at Big Sky 4-11 well

Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update on drilling at its 100% controlled and operated Smoky Hill project in the Denver-Julesburg Basin, Colorado. Highlights Big Sky 4-11 well discovers substantial oil column in Mississippian Spergen formation Discovery confirms north-east extension of the Arikaree Creek oilfield discovered by Nighthawk's Steamboat Hansen 8-10 well in October 2012 Test results from Big Sky 4-11 indicate production potential of 200 - 300 barrels/day (bbls/day) of high quality oil with minimal water production Well has been logged and cased and is expected to commence production by the end of May 2013 The Taos 1-10 well, which is located on the Arikaree Creek structure midway between the Steamboat Hansen 8-10 and Big Sky 4-11 wells, spudded on 17 May 2013 Cumulative production from the Steamboat Hansen 8-10 well, which commenced production on 28 November 2012, has exceeded 46000 bbls of oil, with no water productionArikaree Creek Development Big Sky 4-11 Well The Big Sky 4-11 well encountered 32 feet of gross pay interval at 8030 feet in the target formation of the Mississippian Spergen.
North America | Thursday, May 23, 2013

Mediterranean Oil & Gas provide offshore Malta Area 4 drilling update

The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to provide the following update on offshore Malta Area 4, in which the Company has a 25% interest. MOG is pleased to announce that it has reached agreement with Genel Energy Plc ("Genel") to enable the deep-water semi-submersible drilling rig, the "Paul Romano", which Genel has contracted with Noble Corporation ("Noble"), to drill one exploration well offshore Malta Area 4 in the fourth quarter 2013.
East Europe | Thursday, May 23, 2013