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Sintana Energy announce project updates relating to oil & gas participation interests held in Colombia's Magdalena Basin

VMM-37 Block: Farmout of 70% participation interest in unconventional formations to ExxonMobil: In November 2012, Sintana and ExxonMobil Exploration Colombia Limited (ExxonMobil) entered into a farmout agreement whereby ExxonMobil agreed to pay 100% of the costs to drill three (3) exploration wells on, and become the operator for, the VMM-37 Block. If ExxonMobil elects to proceed to the development phase, it will pay 100% of the next $45 million of expenditures ($10 million recoupable from 50% of Sintana's future production proceeds).
North America | Thursday, September 18, 2014

Redhill Resources acquires petroleum and natural gas leases

Redhill Resources Corp. (TSX VENTURE:RHR) hereby announces that it has acquired a 100% interest in a total of 8 sections of crown petroleum and natural gas leases (the "Leases") in the Government of Alberta's September 17, 2014 public offering of Crown land rights.
North America | Thursday, September 18, 2014

Platts JKM LNG prices for October delivery posted first gain since March

Prices of spot liquefied natural gas (LNG) for October delivery to Asia gained 19.8% on a month over month to an average $12.
North America | Thursday, September 18, 2014

Rosneft and Gazprom break into Brazil

During the third quarter of 2014, both Rosneft and Gazprom have made notable advances into the Brazilian oil and gas sector. As of mid-July 2014, the Brazilian National Agency of Petroleum, Natural Gas, and Biofuels authorized the sale of an additional 6 percent of HRT O&G to Russia’s Rosneft.
South America | Thursday, September 18, 2014

Enhanced Oil Resources announces agreement with Schlumberger Technology Corporation

Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) announce that it has entered into a Letter of Intent with Schlumberger Technology Corporation (Schlumberger) whereby Schlumberger, at its own cost, will conduct an in-depth technical evaluation of the potential redevelopment of the Milnesand and Chaveroo oil fields, located in Chaves and Roosevelt Counties, New Mexico.
North America | Thursday, September 18, 2014

Solo Oil confirms that drilling operations on the Horse Hill-1 well are continuing as planned

Solo Oil Plc (AIM: SOLO)confirms that drilling operations on the Horse Hill-1 well are continuing as planned with the 20-inch surface casing having been set successfully at 84 feet below ground level. Operations are continuing at the site and further news will be issued as appropriate.
West Europe | Thursday, September 18, 2014

Manitok Energy provide an operational update at Entice and Cordel-Stolberg

Manitok Energy Inc. (TSX VENTURE:MEI) provide an operational update at Entice and Cordel-Stolberg Entice As noted in the August 28, 2014 press release, Manitok Energy Inc.
North America | Thursday, September 18, 2014

Buckeye Partners announces closing of $860 million acquisition

Buckeye Partners, L.P.
North America | Thursday, September 18, 2014

Misen Energy report on sales and gas balance

As of mid-September 2014, Misen Energy AB (publ) and its subsidiary LLC Karpatygaz have negotiated sales of 122.4 million cubic meters (mmcm) of natural gas.
North America | Thursday, September 18, 2014

Horse Hill-1 well spudded and surface casing has been set and cemented to a depth of 84ft

Magellan Petroleum Corporation (NASDAQ: MPET) provide an update on the status of drilling at the Horse Hill-1 well in the Weald Basin, onshore UK. The well spudded on September 3, 2014, and surface casing has been set and cemented to a depth of 84 ft.
West Europe | Thursday, September 18, 2014

RWE Dea awarded two new concessions in Egypt

In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC). The concessions are located in the Gulf of Suez, where the company is producing oil as operator for more than 30 years.
Middle East | Thursday, September 18, 2014

Statoil to lay up the COSL Pioneer rig in the fourth quarter of 2014

Due to overcapacity in our rig portfolio, Statoil will lay up the COSL Pioneer rig in the fourth quarter of 2014. The rig is currently carrying out an assignment on the Visund field and is scheduled to complete this work at the end of September.
West Europe | Thursday, September 18, 2014

Air Energi delivering on strategic vision

Air Energi Group, the global workforce solutions provider for the oil and gas industry, has published its financial end-of-year report for 2013. With turnover up 33 per cent to £385m and gross profit up 27 per cent to £44m year-on-year, the results confirm that the company has continued to build on its impressive growth record and deliver on its strategic vision of providing clients with unrivalled service, global reach and end-to-end delivery capability.
West Europe | Thursday, September 18, 2014

Western Refining to acquire ConocoPhillips idled Wingate Plant and associated assets in Gallup, New Mexico

Western Refining, Inc. (NYSE:WNR) announce that it has entered into an agreement for the acquisition of the 25,000 barrel per day (bpd) idled Wingate Fractionation Plant in Gallup, New Mexico from ConocoPhillips Company.
North America | Thursday, September 18, 2014

Cubic Energy elects to participate in five horizontal Haynesville shale wells

Cubic Energy, Inc. (OTCQB:CBNR) announces its subsidiary, Cubic Louisiana, LLC, has elected to participate in the drilling and completion of five horizontal Haynesville Shale wells in its non-operated northwest Louisiana acreage.
North America | Thursday, September 18, 2014

PA Resources takes measures to preserve liquidity and summons bondholders' meetings

PA Resources AB announces that it has initiated actions in order to preserve liquidity until a long term financing plan can be presented, and in this respect the Company has today summoned a bondholders' meeting for the Company's NOK denominated bond and initiated a written procedure for the SEK denominated bond. PA Resources is actively working to prepare and execute a financing plan for 2015 and onwards that addresses the Company's upcoming investment program and debt position.
North America | Thursday, September 18, 2014

Cenovus Energy provides update on Foster Creek

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) achieved first oil production at its recently-completed Foster Creek phase F expansion earlier this month.
North America | Thursday, September 18, 2014

Rowan Companies announces management changes

Rowan Companies plc (NYSE: RDC) announce that J. Kevin Bartol, Executive Vice President, Chief Financial Officer & Treasurer, has decided to leave the Company to pursue other opportunities.
North America | Thursday, September 18, 2014

North Sea Energy provides an update on the Bagpuss Prospect

North Sea Energy Inc. (TSX VENTURE:NUK) through its wholly owned subsidiary North Sea Energy (UK N02) Ltd.
West Europe | Thursday, September 18, 2014

For a few trillion barrels more

Today, Scotland will vote on the following question: Should Scotland be an independent country? Answer YES and the vote is for independence, answer NO and the vote is to stay with The United Kingdom. Energy has not figured at the top of the debating issues that have been dominated by currency union, the economy and disaffection with Westminster.
West Europe | Thursday, September 18, 2014

Oil price, Scotland, Caza and finally...

Oil price The oil price remains relatively week but looks to be trying to form a bit of a base around here, after the Fed stated yesterday that 'accommodative interest rates would remain for a considerable time' the greenback strengthened again..
North America | Thursday, September 18, 2014

Target Energy provides Fairway operations and corporate update

Target Energy Limited (OTCQX: TEXQY) (ASX: TEX) is pleased to provide a Fairway operations and corporate update. Corporate The sale of a 10% Working Interest in the Fairway Project to Aurora Energy Partners ("Aurora"), a Texas general partnership in which Victory Energy Corporation (OTCQX: VYEY) owns a 50% interest and serves as managing partner, was to have been completed this week.
North America | Thursday, September 18, 2014

New Waitsia field potentially the largest conventional onshore gas discovery in WA since the1960s

Following on from the recently announced upgrade of 2C Contingent Resources in the Senecio Field, AWE Limited (ASX: AWE), as Operator of the L1/L2 Joint Venture, today announced initial Contingent Resource estimates for the "Waitsia" discovery (formerly Senecio Deep) located in the north Perth Basin. After initial analysis of data from the Senecio-3 well, and the existing 3D seismic, AWE estimates that the Kingia/High Cliff Sandstone intervals in the Waitsia Field have gross Contingent Resources in the range from 65 billion cubic feet (Bcf) to 1170 Bcf, with a best estimate (2C) of 290 Bcf (Table 1).
Australasia | Thursday, September 18, 2014

Endeavour receives notice regarding NYSE continued listing standards

Endeavour International Corporation (NYSE: END) (LSE: ENDV) announce that the New York Stock Exchange ("NYSE") has notified the Company that it is not in compliance with two of the NYSE's continued listing standards. The NYSE requires that the average closing price per share of a listed company's stock be in excess of $1.
North America | Thursday, September 18, 2014

Suncor Energy sells share of Pioneer Energy assets

Suncor Energy announce that, along with The Pioneer Group Inc., it has reached an agreement to sell the assets of Pioneer Energy to Parkland Fuel Corporation for $378 million.
North America | Thursday, September 18, 2014

Plexus appoints US Non Executive Director to the Board to help interact with US oil and gas industry

Plexus Holdings announces the appointment of Charles Edward Jones to the Board of Plexus as a Non-Executive Director with immediate effect. Mr Jones' role will include advising the Board in respect of interacting with US oil and gas operators and service companies, industry bodies, and regulators as Plexus seeks to roll-out its best in class wellhead equipment into new geographies and expand its POS-GRIP based applications in the exploration, production and ultimately subsea markets worldwide.
North America | Thursday, September 18, 2014

Ikon Science in Sunday Times 2014 Annual Tech Track 100


Ikon Science, the global geoprediction technology company has been placed at number 97 on the annual Sunday Times Hiscox Tech Track 100. The Sunday Times Hiscox Tech Track 100 league table ranks Britain's fastest growing private technology companies, This is Ikon Science's first entry onto the list, and the company joins other impressive technology companies like Ocado, Skyscanner and Shazam.
West Europe | Thursday, September 18, 2014

Magnolia Petroleum's US onshore well count up to 161 producing wells and 67 in development

Magnolia Petroleum provide an operations update across its portfolio of interests in proven US onshore formations including the Bakken, North Dakota and Woodford and Mississippi Lime, Oklahoma. This update is in line with the Company’s strategy to rapidly build production through drilling and prove up the reserves on its leases.
North America | Thursday, September 18, 2014

Caza Oil & Gas announces results of initial well at Broadcaster

Caza Oil & Gas, Inc. (TSX: CAZ) (AIM: CAZA) announce an excellent result on the initial Broadcaster well and provide a drilling update on wells at Lennox and Marathon Road.
North America | Thursday, September 18, 2014

Nostra Terra announces results of recent workover in the initial well in the Verde Prospect Unit

Nostra Terra Oil and Gas (AIM:NTOG) announce the results of a recent workover in the initial well in the Verde Prospect Unit. The Company has a 16.
North America | Thursday, September 18, 2014

Egdon Resources provides an update on the expected timing of the Burton on the Wolds-1 conventional exploration well

Egdon Resources plc (AIM:EDR) provide an update on the expected timing of the Burton on the Wolds-1 conventional exploration well in UK Onshore Licence PEDL201 located in Leicestershire. The drilling rig and associated equipment has been demobilised from the Wressle-1 well-site following the completion of that well for future testing operations.
West Europe | Thursday, September 18, 2014

Texhoma Energy wins auctions for non-operated working interest in eight wells, Texas

Texhoma Energy, Inc. (OTC Pink: TXHE) announced that continuing with its tradition of oil and gas operations, it has won a third auction and acquired various non-operated working interests in eight (8) wells located in Gregg and Upshur Counties, Texas.
North America | Wednesday, September 17, 2014

Hunting PLC announces Directorate change

Further to the Board change announced in the Company's 2014 Half Year Results on 28 August 2014, Hunting today confirms that Andrew Szescila, non-executive Director, stepped down from the Board on 15 September 2014 following completion of his three year term of appointment. In accordance with section 430 (2B) of the Companies Act 2006, Mr Szescila was paid all relevant fees, as disclosed in the Directors' Remuneration Policy contained in the Company's 2013 Annual Report and Accounts from 1 January 2014 to 15 September 2014, totalling US$83,074.
West Europe | Wednesday, September 17, 2014

SAGD producing well recompleted for production

Pan Orient Energy Corp. (TSX VENTURE:POE) provide an update on the Sawn Lake, Canada, steam assisted gravity drainage ("SAGD") demonstration project on behalf of Andora Energy Corporation ("Andora"), in which Pan Orient has a 71.
North America | Wednesday, September 17, 2014

Deep Well updates shareholders on Sawn Lake Heavy Oil Project

Deep Well Oil & Gas, Inc. (OTCQB:DWOG) will be announcing at a meeting of its shareholders later today that the development of its Sawn Lake Heavy Oil Project is progressing.
North America | Wednesday, September 17, 2014

Enbridge proposes to transfer U.S. $900 million asset to Enbridge Energy Partners

Enbridge Inc. (TSX:ENB) (NYSE:ENB) announced today that it has proposed to transfer its 66.
North America | Wednesday, September 17, 2014

WesternZagros Resources resumes field operations on the Garmian and Kurdamir blocks

WesternZagros Resources Ltd. (TSX VENTURE:WZR) has resumed field operations on the Garmian and Kurdamir blocks following the stabilization of industry conditions and the return of third party oil field services in the Kurdistan Region of Iraq.
Middle East | Wednesday, September 17, 2014

Lublewo LEP-1ST1H lateral well continues to flow natural gas and light oil in addition to frac fluid

Highlights: Baltic Basin: Lublewo LEP-1ST1H lateral well The well continues to flow natural gas and light oil in addition to frac fluid; a nitrogen lift was commenced on 20 August. Over the period from 8 August to 17 September, the well has produced at an average rate of 396 mscf/d natural gas and 157 b/d of light oil.
East Europe | Wednesday, September 17, 2014

Oilex announces significant improvement in flowback rates for gas, oil and water

Oilex Ltd (ASX: OEX, AIM: OEX) announce the successful completion of the chemical intervention work with a significant increase in flowback rates. As announced on 21 August 2014, the work was completed in accordance with the plan developed by Oilex on behalf of the Joint Venture.
Asia Far East | Wednesday, September 17, 2014

Mosman Oil and Gas receives Trident acceptances totalling 80.06% of the issued capital of Trident

Mosman Oil and Gas Limited (AIM: MSMN) announce that as of 17 September, Mosman has received acceptances from Trident Energy Limited ("Trident") shareholders totalling 80.06% of the issued capital of Trident.
West Europe | Wednesday, September 17, 2014

Oil price, Northern Petroleum, Petroceltic, Sound Oil, Sundry -BP-Tangiers and finally...

Oil price The first thing to say is that the Brent price is really around $99, the price above not reflective of realité. The two dollar turnaround was mainly started by the Opec Secretary General who gave an interview after a meeting with the Russian Oil Minister yesterday.
West Europe | Wednesday, September 17, 2014

InterOil starts drilling Antelope-4 appraisal well

InterOil Corporation (NYSE:IOC) (POMSoX:IOC) has started drilling the Antelope-4 appraisal well in Petroleum Retention License 15 in Papua New Guinea. Antelope-4 is the first of at least two appraisal wells planned on the Antelope field.
Australasia | Wednesday, September 17, 2014

How do you spend $35 billion in a town of 13,000 people?

The LNG (Liquid Natural Gas) countdown is on in Canada. Within weeks, there are three major catalysts happening that could reshape the entire economy and labour market of western Canada.
North America | Wednesday, September 17, 2014

Continental Energy to sell stake in Norwegian affiliate

Continental Energy Corporation (OTCQB: CPPXF) announce that it has reached an agreement for the sale of its 51% shareholding stake in Visionaire Energy AS ("VEN") to Visionaire Invest AS ("Visionaire") of Horton, Norway, for consideration of US$ 1,200,000. VEN is a holding company which owns a 49% equity interest in VTT Maritime AS (25% net to the Company) and a 41% equity interest in RADA Engineering and Consulting AS (21% net to the Company).
West Europe | Wednesday, September 17, 2014

Paradigm Oil & Gas passes on commercial property

Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO) announce that it has withdrawn its offer to purchase a 4,000 square foot commercial facility situated on 4 acres along US Highway 175 in West Athens, Texas.
North America | Wednesday, September 17, 2014

Empyrean Energy announces Q2 2014 production and operational update

Empyrean Energy provide the following production and operations update for the three month period to the end of June 2014 (‘Q2 2014’ or the ‘Quarter’) updated with current data since the end of the Quarter, where available. Empyrean has a 3% working interest in its flagship Sugarloaf AMI (‘Sugarloaf’ or the ‘Project’) in the prolific Eagle Ford Shale, Texas.
North America | Wednesday, September 17, 2014

MENA Hydrocarbons announces sale of Lagia Project

MENA Hydrocarbons Inc. (TSX VENTURE:MNH) announce that it has entered into a share purchase agreement (the "Share Purchase Agreement") with SacOil Holdings Limited (JSE:SCL)(AIM:SAC).
North America | Wednesday, September 17, 2014

Mapan Energy provides operational update on Deep Basin North

Mapan Energy Ltd. (TSX VENTURE:MPG) reports that natural gas production from its Deep Basin North properties at Chinook Ridge, Alberta and Hiding, British Columbia will be on restricted rates due to repairs and maintenance to be conducted by Trans Canada Pipelines Limited on both the 24 inch and the 36 inch NGTL Systems downstream (east) of the Elmworth gas plant.
North America | Wednesday, September 17, 2014

First Mountain Exploration proposes private placement

First Mountain Exploration Inc. (TSX VENTURE:FMX) announce that it has finalized the terms and conditions of a non-brokered equity private placement (the "Offering").
North America | Wednesday, September 17, 2014

Dejour Energy finalizes 2014 development plan targeting both the Halfway oil and Gething gas pools at Woodrush

Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) updates current development progress underway at the Woodrush Project ('Woodrush') in NE BC.
North America | Wednesday, September 17, 2014

Well GY-665 now on stream at encouraging initial production rate

Leni Gas & Oil announce that well GY-665 at the Goudron Field in Trinidad has undergone a series of initial production tests from the Gros Morne Sandstones resulting in a calculated open-hole flow rate of 700 barrels of oil per day ("bopd") and is presently producing 41 degree API water-free oil at a rate of 415 bopd through a 12/32" choke with a well-head flowing pressure of 475 psi. Neil Ritson, LGO's Chief Executive, commented: "The second of our new wells is now on stream at a very encouraging initial production rate and flowing pressures.
Central America | Wednesday, September 17, 2014

Petroceltic International announces its results for the six month period ended 30 June 2014

Highlights: First half working interest production of 25.2 Mboepd, 2014 full year guidance increased to 21-23 Mboepd Successful share placing to raise $100m Completion of second Algeria farm-out to Sonatrach Ain Tsila FEED contract awarded and Gas Sales Agreement signed in early September Two new exploration concessions ratified in Egypt Revenue of $96.
North Africa | Wednesday, September 17, 2014

Sound Oil announces 2014 interim results

Sound Oil, the European / Mediterranean focused upstream oil and gas company, announces its unaudited interim results for the six months ended 30 June 2014. Chairman's Statement The first half of 2014, which included a £14 million institutional investment, has been a critical inflection point for the Company.
West Europe | Wednesday, September 17, 2014

Northern Petroleum announces interim results for six months ended 30 June 2014

Northern Petroleum provides the following update on drilling in Canada and announces its unaudited interim results for the six months ended 30 June 2014. Drilling update First two wells of current three well programme in Canada drilled to target depth with liner cemented across reservoir sections Drilling rig will now move to third well and spud towards the end of the month Service rig expected on site at the first well shortly to perforate and test All three wells will be perforated and tested in succession by the service rig Production test results expected for all three wells in the second half of OctoberInterim highlights Canadian operations Successful proof of redevelopment concept in the Virgo field, Alberta, leading to the start up of Canadian production Increase of mineral lease acreage for the Keg River formation in north west Alberta from 9,300 to over 30,000 acres Virgo field redevelopment programme initiated with two new wells and a well re-entry All three wells brought into production by May Follow up three well campaign started in AugustOther operations Two new permits awarded in Italy; one onshore in eastern Piedmont and one adjacent to an existing permit in the Sicily channel Political changes are providing an improved business environment in Italy giving more confidence that the Group will be able to make progress with the southern Adriatic permits within 2014 Sale of UK assets to UK Oil & Gas Investments PLC announced in JulyFinance Total oil production for the first six months of the year of 13,629 barrels generating revenue of $1.
North America | Wednesday, September 17, 2014

Exillon Energy announces August production report

Exillon Energy plc (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announce unaudited production data for the month of August 2014 ("the Period").
Russia FSU | Wednesday, September 17, 2014

Tangiers Petroleum: Ongoing suspension of securities

Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) advises that the Company's securities continue to be suspended on both ASX and AIM pending the release of an announcement to the market in relation to Tangiers' funding obligation for the TAO-1 exploration well, and release of the half yearly report. The Company expects the securities to re-commence trading on Wednesday 24 September 2014.
Australasia | Wednesday, September 17, 2014

Gazprom BoD addresses relationship with Ukraine

The Board of Directors addressed the information about the state and prospects for the relationships between Gazprom and Ukrainian business entities in the gas sector. It was noted that Naftogaz of Ukraine's gas debt to Gazprom amounted to some USD 5.
Russia FSU | Wednesday, September 17, 2014

Skye Petroleum to report significant third quarter revenue increase

Skye Petroleum, Inc. (Pink Sheets: SKPO) announce that revenues will exceed $500,000 in the third quarter of 2014, an increase of more than ten times the prior year's third quarter.
North America | Tuesday, September 16, 2014

Magnum Hunter Resources announces partnership with Morgan Stanley Infrastructure on Eureka Hunter

Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.
North America | Tuesday, September 16, 2014

Vanguard Natural Resources signs agreement to acquire natural gas and liquids properties, Colorado

Vanguard Natural Resources, LLC (NASDAQ: VNR) announce it has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids ('NGLs') assets in the Piceance Basin in Colorado for a purchase price of $525 million from Bill Barrett Corporation. The properties consist of approximately 12,000 net acres that are currently producing approximately 67 MMcfe per day, after consideration of ethane rejection, with approximately 76% natural gas, 5% oil and 19% NGLs.
North America | Tuesday, September 16, 2014

TAG Oil announces abandonment plans at Waitangi Valley-1

TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF), reports the Company has agreed that after encountering extreme drilling conditions, including high pressure shallow hydrocarbon zones, in the interest of safety, the surface section of the Waitangi Valley-1 well, located in Petroleum Exploration Permit 38348, will be plugged and abandoned.
Australasia | Tuesday, September 16, 2014

The UK North Sea - future resources - by no means a 'done deal'

In light of a number of recent reports regarding the potential remaining resource of the North Sea, Hannon Westwood felt it appropriate to present its view of the future potential of the UKCS. This view is based upon over twenty years of experience as a noted and respected North Sea oil industry advisor specialising in the analysis of exploration and appraisal activity and its subsequent future potential.
West Europe | Tuesday, September 16, 2014

SBM Offshore signs Production Handling Agreement with Noble Energy

SBM Offshore announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the Thunder Hawk DeepDraft(TM) Semi located in 6,060 feet of water in the Gulf of Mexico (GoM). Production fees associated with produced volumes are estimated to lead up to projected revenue of US$400 million to be delivered over the ten year primary contract period.
North America | Tuesday, September 16, 2014

Utica shale's big natural gas flows, and Edvard Munch

Did you ever feel like that kid in the poster for the classic movie “Home Alone” who is clutching his face with both hands, mouth agape in shock at having to foil two nitwit burglars? I did when I saw the initial natural gas production rates that have come out of some recent Utica Shale wells. Although it wasn’t out of shock but sheer awe at the volumes being yielded by wells the Northeast US natural gas-prone play.
North America | Tuesday, September 16, 2014

Kallisto Energy announces recapitalization financing and new management team

Kallisto Energy Corp. (TSX VENTURE:KEC) announce that it has entered into a definitive reorganization and investment agreement (the "Agreement") with Barry Olson, Donald Sabo, Greg Phaneuf, Elizabeth More, Neil Wilson, Kellie D'Hondt and Paul Storey (the "Initial Investor Group"), which provides for: (i) a non-brokered private placement of approximately $25 million in aggregate (the "Private Placement"); (ii) the appointment of a new management team and board of directors (collectively, the "New Management Team"); and (iii) a rights offering (the "Rights Offering") to current holders of Common Shares of Kallisto (collectively, the "Transaction").
North America | Tuesday, September 16, 2014

BRS Resources files Armonia drilling application

BRS Resources Ltd. (TSX VENTURE: BRS) announce that AleAnna Resources, LLC has submitted a drilling application for the Armonia prospect in the Ponte dei Grilli permit area.
East Europe | Tuesday, September 16, 2014

Africa Oil announces significant increase in resource estimates of Kenya oil fields

Africa Oil Corp. (TSX:AOI)(OMX:AOI) announce that an independent assessment of the Company's Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by Gaffney, Cline & Associates ("Gaffney Cline" or "GCA").
Africa | Tuesday, September 16, 2014

Tethys Petroleum Limited provide an Operational and Corporate update

OPERATIONS In Kazakhstan, work continues on the gas project with the dehydration equipment having now been successfully tested in China and being shipped to Kazakhstan. Work is proceeding well on the installation of additional field pipelines, etc.
Russia FSU | Tuesday, September 16, 2014

Ranger Offshore to acquire strategic diving assets from Technip USA

Ranger Offshore, Inc. announce that it has signed an agreement to acquire Technip USA's diving assets (the 'Assets'), belonging to the diving division for the North American region of international oilfield services company Technip S.
North America | Tuesday, September 16, 2014

Blackbird Energy completes sale of Bigstone project

Blackbird Energy Inc. (TSX VENTURE:BBI) announce that it has successfully closed the previously announced disposition of 8.
North America | Tuesday, September 16, 2014

Technip sign agreement to sell 100% of its North American diving assets

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) sign an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1).
North America | Tuesday, September 16, 2014

Ribeye 1H recently placed on pump and producing to sales at reasonable rates

Abraxas Petroleum Corporation (NASDAQ:AXAS) provide the following operations, guidance and acquisition update; announces upcoming presentations. Williston Basin At Abraxas’ North Fork prospect, in McKenzie County, North Dakota, the Ravin 5H, 6H and 7H, which are testing 660 foot spacing in the Middle Bakken, are flowing back at very encouraging rates.
North America | Tuesday, September 16, 2014

Oil price, Ophir, Ithaca and sundry- FOGL-Thalassa- And finally...

Oil price Technical differences to WTI and Brent yesterday, the latter fell as few physical buyers were around as the old contract expired but this morning the new contract is up over a dollar. I saw the North Dakota July production numbers yesterday which at 1.
West Europe | Tuesday, September 16, 2014

Samson Oil & Gas provides operational advisory

TOTAL COMPANY PRODUCTION Samson net production for 2014 is as follows: Q1 Q2 JULY AUGUST OIL, BO 29,408 50,639 17,310 7,791 GAS, MCF 48,518 50,141 17,820 14,569 BOE 37,494 58,996 20,280 10,219 BOEPD 417 656 654 330 There were several errors in the table presented in last week’s release, the table above has been corrected and uses the most recent data available. NORTH STOCKYARD PROJECT, WILLIAMS COUNTY, NORTH DAKOTA The infill development plan for North Stockyard consists of 8 middle Bakken wells that have been drilled and 22 Three Forks wells.
North America | Tuesday, September 16, 2014

Technip awarded a significant contract for new refinery units in the Kingdom of Bahrain

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by The Bahrain Petroleum Company (BAPCO) a significant (1) contract on a reimbursable basis to develop the Front-End Engineering Design (FEED) of the refinery located in the Kingdom of Bahrain. The FEED contract covers four main work packages that include units aimed at processing the 'bottom of the barrel' components to high value products, and all associated offsites and utilities to provide seamless integration with existing refinery facilities earmarked for retention post this major modernization.
Middle East | Tuesday, September 16, 2014

Yes or no? Implications for the UK Oil & Gas Industry

After one of the longest political campaigns in British political history, the end is in sight. On 18 September, 2014, the Scottish people will vote on whether Scotland should leave the union and become an independent country.
West Europe | Tuesday, September 16, 2014

Major new multiclient 2D seismic project launched in Rockall Basin

GeoPartners, in partnership with Seabird Exploration Multi-Client Ltd and DownUnder GeoSolutions, are pleased to announce a major new multiclient 2D (MC2D) seismic project located in the Frontier UK Rockall Basin offshore the NW coast of Scotland, titled Rockall Regional 2013/2014. A successful 2013 reconnaissance programme has achieved a step change in data quality over existing legacy data and paved the way for a comprehensive MC2D seismic project, the second phase of which was acquired during July and August 2014.
West Europe | Tuesday, September 16, 2014

Endeavour International Corporation announces Rochelle field offline

Endeavour International Corporation (NYSE: END) (LSE: ENDV) announce that the Rochelle field is offline until repairs to the dry gas export compressors on the Scott platform are completed. In August, the previously announced planned shutdown of the Scott platform and Forties Pipeline System was completed and the Rochelle field returned to production on August 26, 2014.
West Europe | Tuesday, September 16, 2014

Thalassa Holdings announce its financial results for the 6 months ended 30 June 2014

Highlights for the 6 months ended 30 June 2014 Revenue from core Seismic Operations up 31% to US$9.3m from US$7.
North America | Tuesday, September 16, 2014

Ithaca Energy announces successful completion of flow test operations on well 30/6a-B2Z

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) announces the successful completion of flow test operations on the fourth development well on the Stella field, with the well achieving a flow rate of 12,005 barrels of oil equivalent per day ("boepd").
West Europe | Tuesday, September 16, 2014

Sirius Petroleum announces further conditional placing and subscription update

Sirius Petroleum (AIM:SRSP) provides the following update subsequent to the announcement dated 12 September 2014 regarding the Conditional Placing and Subscription. The Company confirms that of the remaining 6,169,999 placee shares whose confirmations had not then been received, the placees of 833,333 shares have now agreed to the extension of the Long Stop Date and 5,336,666 have not agreed to any extension and accordingly their placing commitments will lapse.
Africa | Tuesday, September 16, 2014

Silenus East-1 well results in new gas discovery

Ophir Energy announces that the Silenus East-1 well in Block R, Equatorial Guinea has resulted in a new gas discovery. The Silenus East-1 well was drilled by the Vantage Titanium Explorer drillship within the thrust belt area of Block R.
Africa | Tuesday, September 16, 2014

TXO announces oil remediation contract extension

TXO announce that regarding the oil remediation contract announced on 28th April 2014, Morgan Oil Marine (Bahamas) Limited has recently confirmed that as at the beginning of September, the contract had been extended and that work on-site was continuing. In addition, the Company has been advised that Oil recovery Services Ltd.
North America | Tuesday, September 16, 2014

Ascent presents its unaudited results for the six months ended 30 June 2014

During the period under review we report steady progress toward our goal of bringing the Petišovci project into production. As mentioned in the announcement on 8th September 2014, the key Integrated Pollution Prevention & Control ("IPPC") permit was submitted to the Slovenian Environmental Agency in June 2014.
West Europe | Tuesday, September 16, 2014

Global Energy Development announces interim results for the six months ended 30 June 2014

Global Energy Development PLC, the Latin America focused petroleum exploitation, development and production company (AIM: GED) with operations in Colombia, is pleased to announce its interim results for the six month period ended 30 June 2014 (the "Period"). Highlights Partnering agreements for the Bolivar and Bocachico Contract areas closed during the Period; Turnover of $14.
South America | Tuesday, September 16, 2014

Falkland Oil and Gas announces interim results for the six months ended 30 June 2014

Falkland Oil and Gas , the oil and gas exploration company focused on its extensive licence areas to the North, South and East of the Falkland Islands, announces its Interim Results for the six months ended 30 June 2014. Highlights Progress towards next drilling campaign scheduled to start in Q1 2015 Major 3D seismic acquisition programme completed in February 2014 and interpretation continues Eirik Raude deep-water rig contracted for the 2015 drilling campaign Five well drilling programme targeting over 1.
South America | Tuesday, September 16, 2014

Atlas secures new drilling contract and receives existing contract extension

Titan Energy Services (Titan) is pleased to update the trading position for its subsidiary Atlas Drilling (Atlas). Atlas has secured a contract for an initial three well unconventional gas drilling program with a new client in the Arckaringa Basin.
Australasia | Monday, September 15, 2014

Aker Wayfarer wins five-year contract from Petrobras


Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year option extension.
South America | Monday, September 15, 2014

Rex Energy provides an update on its Appalachian Basin operations

Rex Energy Corporation (Nasdaq:REXX) provides an update on its Appalachian Basin operations, third quarter 2014 production guidance and borrowing base under its senior secured credit facility. Appalachian Basin - Warrior North Prospect In the Warrior North Prospect, the company recently placed into sales the six-well Grunder pad.
North America | Monday, September 15, 2014

Ivanhoe Energy's Chief Financial Officer resigns

Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announce that Senior Vice President, Finance and Chief Financial Officer (CFO), Greg Phaneuf, is leaving Ivanhoe Energy to accept a role with another company.
North America | Monday, September 15, 2014

Far East Energy welcomes higher Chinese gas prices

Far East Energy Corporation (OTCBB:FEEC) welcomes the recent announcement by the National Development and Reform Commission (NDRC) to raise city-gate gas prices by 20% for base volume non-residential customers. China Raises City-gate Gas Prices Effective September 1, 2014, city-gate natural gas prices for base volumes rose by RMB 0.
Asia Far East | Monday, September 15, 2014

Marksmen Energy continues to evaluate production optimization techniques on its Ohio oil wells

Marksmen Energy Inc. (TSX VENTURE:MAH) in conjunction with its joint venture partner, Houghton Investments LLC.
North America | Monday, September 15, 2014

Niko Resources announces Board changes

Niko Resources Ltd. (TSX:NKO) announced that three of its current directors, C.
North America | Monday, September 15, 2014

Quantum Energy enters into a Strategic Alliance with Bilfinger Westcon

Quantum Energy, Inc. (PINKSHEETS: QEGY) has entered into a Strategic Alliance with Bilfinger Westcon Inc.
North America | Monday, September 15, 2014

Arsenal Energy completes tie-in operations, battery debottlenecking and water disposal upgrades

At Princess, Alberta, Arsenal Energy Inc. (TSX:AEI) (PINKSHEETS:AEYIF) has completed all tie-in operations, battery debottlenecking and water disposal upgrades.
North America | Monday, September 15, 2014

Miller Energy Resources enters into a non-binding Letter of Intent to purchase Buccaneer Energy's Alaskan operating assets

Miller Energy Resources, Inc. (NYSE: MILL) makes significant changes to senior leadership as part of a corporate shift that will include the potential MLP-monetization of its substantial midstream assets, and provides an update on drilling operations and on a non-binding letter of intent to purchase substantially all the operating assets of Buccaneer Energy in Alaska.
North America | Monday, September 15, 2014