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Cabot Oil & Gas Corporation announces first quarter 2014 financial and operating results

Cabot Oil & Gas Corporation (NYSE: COG) today reported its financial and operating results for the first quarter of 2014. Highlights for the quarter include: First Quarter 2014 Financial Results Equivalent production in the first quarter of 2014 was 119.
North America | Thursday, April 24, 2014

Bakken Energy Corp begins negotiation to buy oil refinery in Southern Utah Uinta Basin

Bakken Energy Corp formerly Orofino Gold Corp. (OTC: ORFG) announce that the company has reached a memorandum of understanding between its board of directors to acquire an Oil Refinery in Southern Utah.
North America | Thursday, April 24, 2014

Cub Energy Inc. RK-21 well reaches total measured depth with multiple potential gas-bearing zones

Cub Energy Inc. (TSX VENTURE:KUB) provides an operational update and announces the Rusko-Komarovske-21 ("RK-21") development well on the Rusko-Komarovske ("RK") licence in western Ukraine has reached a total measured depth ("TMD") of 1,818 metres and has been cased to TMD with multiple potential gas bearing zones identified.
Russia FSU | Thursday, April 24, 2014

Synergy Resources Corporation mid-year proved reserves increase 43%

Synergy Resources Corporation (NYSE MKT: SYRG), a U.S.
North America | Thursday, April 24, 2014

Cardinal Energy Group, Inc. sells its California and Ohio assets

Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it completed the sale of its oil and gas assets in California and Ohio to California Hydrocarbons Corporation on April 22, 2014 for 3,000,000 shares of Cardinal Energy stock held by California Hydrocarbon that will be cancelled.
North America | Thursday, April 24, 2014

Mediterranean Oil & Gas provides litigation update

The Board notes the announcement from Leni Gas & Oil Plc ("LGO") this morning on the legal claim brought by it against MOG's subsidiary Malta Oil Pty Limited. As MOG had anticipated, LGO confirmed that it has decided not to petition the Court of Appeal against the judgment the Commercial Court handed down on 27 March 2014 dismissing LGO's case, which the court said had "failed at every stage".
East Europe | Thursday, April 24, 2014

W Resources final Results for the Year Ended 31 December 2013

W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, announces its audited financial results for the year ended 31 December 2013, in which it made significant achievements in development at La Parrilla in Spain and on the exploration projects in Portugal. Highlights La Parrilla Mine - JORC inferred resource increased by 30% to 46.
West Europe | Thursday, April 24, 2014

Jericho Oil Corporation adds 160 acres to its recently acquired Kansas properties

Jericho Oil Corporation (TSX-V: JCO) announced it has contracted a 50% interest for 160 additional development Acres in Miami County, Kansas. This acquisition, named EKan-3, brings Jericho's total Kansas acreage position to over 2,800 acres.
North America | Thursday, April 24, 2014

Nexen Energy ULC introduces Fang Zhi as new CEO

Following a 20-year career with Nexen, highlighted by overseeing the acquisition of the company by CNOOC Limited, Kevin Reinhart is departing from his role as Chief Executive Officer (CEO) of Nexen Energy ULC, a wholly-owned subsidiary of CNOOC Limited. "On behalf of CNOOC Limited and the Nexen organization, I want to thank Kevin for his contributions to Nexen and wish him all the best in his future endeavours," said Mr.
North America | Thursday, April 24, 2014

Leni Gas & Oil decides not to petition Court of Appeal

Leni Gas & Oil announces that, after careful consideration, the Board has decided not to petition the Court of Appeal in its case brought in January 2013 against Mediterranean Oil and Gas plc. The Company will remain focused on its core oil production business in Trinidad; where a major 30 well development program is now underway at the Goudron Field, and in Spain.
West Europe | Thursday, April 24, 2014

Black Ridge Oil & Gas, Inc. announces increased borrowing base and credit availability

Black Ridge Oil & Gas, Inc. (OTCQB: ANFC) announced an increase to the borrowing base and availability under its credit facility agreements to $50 million, an increase from $43 million.
North America | Thursday, April 24, 2014

Texas family wins landmark $3-million verdict against fracking operator

A Dallas jury awarded a local family $3 million for the illnesses they suffered from exposure to contaminated ground water, solid toxic waste and airborne chemicals generated by natural gas fracking operations surrounding their 40-acre ranch. The verdict against Aruba Petroleum is seen as a landmark decision for opponents of fracking, or hydraulic fracturing, the process of drilling and injecting high-pressure fluid into the ground in order to fracture shale rock to release natural gas.
North America | Thursday, April 24, 2014

CB&I reports 2014 first quarter results

CB&I (NYSE: CBI) reported adjusted net income for the first quarter of $94.4 million, or $0.
North America | Thursday, April 24, 2014

Mountainview Energy Ltd. announces 2013 year-end financial results

Mountainview Energy Ltd. (TSXV: MVW) announce its operating and financial results for the year ended December 31, 2013.
North America | Thursday, April 24, 2014

Rowan provides fleet contract status update

Rowan Companies plc (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information has been updated as of April 23, 2014. The report titled "Monthly Fleet Status Report" can be found on the Company's website at www.
North America | Thursday, April 24, 2014

Australian Gas Transmission industry supports NSW Government calls for increased NSW gas supply

The New South Wales Energy Minister's call for increased information about available gas supply has been supported by the Australian gas transmission industry. 'We agree with Minister Anthony Roberts that increased access to coal seam gas in NSW should help reduce the impact on the domestic gas price caused by the increased demand for gas by the export industry,' Australian Pipeline Industry Association Chief Executive Cheryl Cartwright said today.
Australasia | Thursday, April 24, 2014

Oil and Gas in a cold climate - what's the future for the Arctic?

Fossil fuels rank top among the Arctic’s valuable non-renewable resources and oil and gas companies first started activities in this region around a century ago, although in some areas oil seeps have been known and used by indigenous peoples for centuries. However, despite this local knowledge and exploration, most of this region’s resources remain unexplored today.
North America | Thursday, April 24, 2014

Santonia Energy announces shareholder and court approvals of the plan of arrangement with Tourmaline Oil Corp.

Santonia Energy Inc. ("Santonia") (TSX:STE) is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp.
West Europe | Thursday, April 24, 2014

Crescent Point announces strategic Torquay consolidation acquisition of CanEra Energy and upwardly revised 2014 guidance

Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) announce that it has entered into an arrangement agreement (the "CanEra Arrangement") to acquire all of the issued and outstanding shares of CanEra Energy Corp.
North America | Thursday, April 24, 2014

Strategic Oil & Gas completes its 2014 winter drilling program

Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) provide the following operations update.
North America | Thursday, April 24, 2014

Getting ready for a natural gas rebound

The Set-Up: In February 2014 I wrote a story on how the US arm of brokerage Raymond James saw a lot of negatives for Canadian natural gas. Longer term that could be true but in this article OGIB guest writer Shaun Polczer—who was formerly an energy writer at the Calgary Herald and Petroleum Economist magazine—takes a look at Canadian natgas for a more bullish reason.
North America | Thursday, April 24, 2014

North Sea Energy announces year end results for 2013 including management discussion and analysis

North Sea Energy Inc. (TSX VENTURE:NUK) announces that its financial results for the year ended December 31, 2013 along with the related Management Discussion and Analysis ("MD&A") have been filed on SEDAR (www.
West Europe | Thursday, April 24, 2014

Technip's first quarter 2014 results

On April 22, 2014, Technip’s Board of Directors approved the first quarter 2014 consolidated financial statements. These include the first time application of IFRS 10, 11 & 12.
North America | Thursday, April 24, 2014

Tethys Petroleum Limited announces third successful gas well in Kazakhstan

Tethys Petroleum Limited (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce the success of Well AKK19, the third shallow gas exploration well of its 2014 programme. Analysis of data from the well indicates it has a pay zone twice as thick as the AKK15 well which tested gas at a stable rate of approximately 7 million cubic feet (195,000 cubic metres or 1,167 barrels oil equivalent) per day, and the AKK19 well is anticipated to test at significantly more than that rate.
Russia FSU | Thursday, April 24, 2014

Trap Oil Group announces final results for the year ended 31 December 2013

Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased to announce its audited results for the year ended 31 December 2013. Highlights: Completed disposal of interests in Knockinnon, Lybster and certain other assets to Caithness Oil Limited for consideration of US$7.
West Europe | Thursday, April 24, 2014

Bahamas Petroleum Company announces Directorate changes and operations update

Bahamas Petroleum is pleased to announce the following changes to the board of directors of the Company ("the Board") with immediate effect. William (Bill) Schrader will join the Board as non-executive Chairman and James Smith C.
Central America | Thursday, April 24, 2014

Jupiter Energy provides quarterly update on activities for the period to 31 March 2014

Jupiter Energy Limited (ASX: "JPR", AIM: "JPRL" and KASE: "AU_JPRL") presents the following update on activities for the 3 month period ending 31 March 2014 (the "Quarter"). Also included in this report are details of subsequent events that have occurred up to the date of this release.
Russia FSU | Thursday, April 24, 2014

Exillon Energy provides update on Board of Directors

Exillon Energy (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"), has appointed an international recruitment agency to assist the Company in its search for new Independent Non-executive Directors.
Russia FSU | Thursday, April 24, 2014

Tower Resources announces that the Rowan Renaissance Drillship has spudded the Welwitschia-1 well

Tower Resources plc (TRP.L, TRP LN), the AIM-listed Africa-focussed oil and gas exploration company, through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited ("Neptune"), is pleased to announce that it has received formal notification from Repsol Exploration (Namibia) (Pty) Limited ("Repsol"), the Operator of Namibia PEL0010 (Neptune 30% working interest), that the Rowan Renaissance Drillship spudded the Welwitschia-1 well at 14:40 GMT on 23 April, 2014.
Africa | Thursday, April 24, 2014

TGS announces Q1 2014 revenues of USD 222 million

TGS reports net revenues of USD 222 million in Q1 2014, up 5% from USD 211 million in Q1 2013. 1st QUARTER HIGHLIGHTS Consolidated net revenues were USD 222 million, compared to USD 211 million in Q1 2013.
West Europe | Thursday, April 24, 2014

TGS announces two new projects in the Norwegian Barents Sea

TGS commences new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide customers with high quality data prior to the closing of the 23rd Norwegian Licensing round.
West Europe | Thursday, April 24, 2014

Torchlight Energy announces first quarter 2014 drilling results

Torchlight Energy Resources, Inc. (NASDAQ: TRCH) provided updates on its field operational results through the first quarter ended March 31, 2014.
North America | Wednesday, April 23, 2014

Africa Hydrocarbons provides details on the re-completion operations at BHN-1 well in Tunisia

Africa Hydrocarbons Inc. (TSX VENTURE:NFK) provided the following operational update regarding the Company's BHN-1 exploration well on the Bouhajla Permit (47.
Middle East | Wednesday, April 23, 2014

Magnum Energy announces Provost disposition will not proceed

Magnum Energy (TSX VENTURE:MEN) announces that closing of the previously announced transaction with Artisan Energy Corporation ("Artisan") to sell Magnum's 50% working interest in the Provost area of Alberta (the "Provost Asset") for consideration of $5.6 million will not proceed.
North America | Wednesday, April 23, 2014

Hydrocarb receives final results of Owambo gravity and magnetics survey

Hydrocarb Energy Corporation (OTCQB:HECC) today announced that it has received the final comprehensive report on its recently acquired high-resolution aerial gravity and magnetics survey flown over its Owambo Basin exploration concession in Northern Namibia. The independent analysis and interpretation has indicated the existence of up to 16 additional structural leads in blocks 1714A, 1715, 1814B, and 1815A.
Africa | Wednesday, April 23, 2014

Britain to sell fewer bonds in 2014-2015 due to stronger economic outlook

According to a survey from Reuters, Britain will decrease the number of government bonds sold in the coming financial year, as stronger economic growth and public finances reduce borrowing needs. Britain experienced faster than predicted economic growth through 2013, with experts believing that the Office for Budget Responsibility (OBR) will revise its forecast for 2014, which is currently one percentage point below the Bank of England’s forecast at 2.
West Europe | Wednesday, April 23, 2014

Octagon 88 Resources announces plans to spud first horizontal proudction well on Bluesky formation

Octagon 88 Resources (OCTX) is pleased to announce that the operator of the Manning projects has advised Management to spud the first horizontal production well in the Bluesky Gething formation. Octagon 88 anticipates to receive spud dates from the operator post the granting of the drill license.
North America | Wednesday, April 23, 2014

Pacific Rubiales provides first quarter 2014 operational update

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today provided an operational update for its first quarter 2014 operating results, which includes estimates of production and sales volumes, price realizations, and operating netbacks, summarized as follows: 1Q 2014 (Estimated) 4Q 2013 (Actual) 3Q 2013 (Actual) 2Q 2013 (Actual) 1Q 2013 (Actual) Net Oil Production (Mbbl/d) 137 - 138 123 117 117 117 Net Natural Gas Production (Mboe/d) 10 - 11 11 11 11 11 Total Net Production (Mboe/d) 147 - 149 134 128 128 128 Sales Volumes (Mboe/d) 151 - 153 143.
North America | Wednesday, April 23, 2014

Hess announces sale of its Thailand assets

Hess Corporation announced today it has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand to PTT Exploration and Production Public Company Limited for a total after-tax consideration of approximately $1.0 billion, effective July 1, 2013.
Asia Far East | Wednesday, April 23, 2014

Cancellation of Matra's admission to trading on AIM

Matra Petroleum Plc, the oil & gas focused Investing Company, announces that at the Company's EGM held today, the resolution to approve the cancellation of the admission of the Company's ordinary shares to trading on AIM was duly passed. Accordingly cancellation of trading will take effect from 7.
West Europe | Wednesday, April 23, 2014

Iraq: Electoral infighting means continued legislative limbo for the oil law

There are two conflicts raging in Iraq at the moment: the continuing extremist and counter-extremist operations in the northern provinces, and the political conflict that has ignited over the forthcoming elections. In the last two weeks there have been assassination attempts on senior Sunni politicians Vice President (VP) Salah al-Mutlaq, and Usama al-Nujaifi, Speaker of Parliament and leader of the Mutahiddun party.
Middle East | Wednesday, April 23, 2014

Pacific Rubiales provides update on STAR Technology discussions with Ecopetrol

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced that members of its Executive Committee met on April 22 with members of Ecopetrol, S.
South America | Wednesday, April 23, 2014

Major subsea contract sees Expro expand operations in Azerbaijan

Leading international oilfield services company, Expro, has secured a milestone subsea contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea, one of Expro's largest Europe CIS contracts to date. The 5-year contract, worth almost $100m, will see Expro provide completion landing string equipment and services for the installation and completion of Shah Deniz Stage 2 subsea wells, covering 24 new subsea completions.
Russia FSU | Wednesday, April 23, 2014

Libyan Stability Snapshot: political ins and outs, abductions, ports and oil supply chains

The sudden resignation of interim Libyan Prime Minister Abdullah al-Thinni on 14 April 2014 sees the loss of a moderate politician who had proved himself able to mediate between warring groups in the South and East of the country. Al-Thinni announced his resignation after his home was attacked by, as yet, unidentified militiamen.
Middle East | Wednesday, April 23, 2014

Red Mountain Resources reports continued success at Madera asset

Red Mountain Resources, Inc. (OTC QB: RDMP), a growth oriented energy company engaged in the acquisition, development, and exploration of oil and natural gas properties, announced the following operational update.
North America | Wednesday, April 23, 2014

Gale Force to fetch $5.00 more per barrel of oil produced under new contract

Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) announced that it has entered into a new oil purchase contract with Lion Oil Trading (the "Oil Sales Contract"), pursuant to which the Company will receive an average increase of over $5.
North America | Wednesday, April 23, 2014

US Oil Sands Inc. announces approval of U.S. patent application & filing of resource evaluation report

US Oil Sands Inc. (TSXV: USO), a company focused on oil sands exploration and production in Utah, today announced approval of its U.
North America | Wednesday, April 23, 2014

Ironhorse Oil & Gas announces 2013 fourth quarter and year end results

Ironhorse Oil & Gas Inc. (TSXV: IOG) announces its fourth quarter and full year 2013 financial and operating results and year-end reserves information.
North America | Wednesday, April 23, 2014

Hercules Offshore provides April fleet status report update

Hercules Offshore, Inc. (Nasdaq: HERO) announced that it has published the April Fleet Status Report ("the Report").
North America | Wednesday, April 23, 2014

Longreach prepares to drill into target Liassic formation with Kamar-1 well in Morocco

Longreach Oil & Gas (TSXV: LOI) is about to drill into the targeted Lower Liassic formation, the first prospective zone, with the Company's second Moroccan exploration well - Kamar-1 - on the Sidi Moktar onshore licence. "We have set intermediate casing in Kamar-1 at approximately 1,960 metres of total vertical depth (TVD).
North Africa | Wednesday, April 23, 2014

Jura Energy announces commencement of drilling in Badar lease

Jura Energy Corporation (TSX:JEC) announced that the drilling of Badar-2 development well has commenced in the Badar lease. The projected depth of the well is 1,445 meters, which will target the Sui Main Limestone formation of Eocene age.
Middle East | Wednesday, April 23, 2014

Great East Energy Inc. signs Letter of Intent to enter CNG distribution and sales business

Great East Energy, Inc. (OTCQB: GASE) which controls over 160 square miles of producing, clean energy, natural gas holdings through two local operating companies, today announced the Company has signed a letter of intent ("LOI") to joint venture with a leading compressed natural gas ("CNG") distributor and retailer in Ukraine, GASE's home market.
Russia FSU | Wednesday, April 23, 2014

Daybreak Oil and Gas announces 268% increase in proved oil reserves

Daybreak Oil and Gas, Inc. (OTCQB: DBRM), a Washington corporation, is pleased to announce that its fully-engineered proved oil reserves significantly increased by 268% to 750,047 Barrels of Oil Equivalent ("BOE") for the fiscal year ended February 28, 2014.
North America | Wednesday, April 23, 2014

Worthington completes acquisition of ADR's Oil and Gas assets

Worthington Energy, Inc. (OTCQB: WGAS), an energy company engaged in the acquisition, exploration, development and drilling of oil and natural gas properties, announces that the Company has completed the acquisition of the oil and gas assets of American Dynamic Resources, Inc.
North America | Wednesday, April 23, 2014

EnerJex Resources announces Niobrara operations update and development plans

EnerJex Resources, Inc. (OTCQB: ENRJ) announced the results of its recent workover program in the Company's Niobrara Project located in Northeastern Colorado.
North America | Wednesday, April 23, 2014

SIGMA3 announces Janet McGuire as Denver Operations Manager for Microseismic and Borehole Seismic Imaging

Sigma Cubed Inc. (SIGMA3) announces the appointment of Janet McGuire as Denver Operations Manager for Microseismic and Borehole Seismic Imaging (MS/BSI).
North America | Wednesday, April 23, 2014

TransGlobe Energy Corporation appoints Ms. Susan MacKenzie to Board of Directors

TransGlobe Energy Corporation (TSX:TGL)(NASDAQ:TGA) announce the appointment of Ms. Susan MacKenzie to its Board of Directors.
North America | Wednesday, April 23, 2014

With the increase in global skill shortages, it is time to consider top talent from other industries?

We have recently commented on various aspects of the skill shortages within our niche areas - notably Oil & Gas and Energy. And we're not alone in highlighting the global talent shortage across these sectors, regular coverage is widespread throughout both industry specific and national news channels.
Australasia | Wednesday, April 23, 2014

Baytex commences tender offers and consent solicitations for senior notes of Aurora USA Oil & Gas, Inc.

Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) today announced the commencement of cash tender offers (each an "Offer" and collectively, the "Offers") relating to any and all of the US$365,000,000 current outstanding principal amount of 9.
North America | Wednesday, April 23, 2014

Quattro provides financial guidance and announces the withdrawal of its convertible debenture offering

Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) announce April 28, 2014 as the anticipated date for the release of our audited financials for the year ended December 31, 2013.
North America | Wednesday, April 23, 2014

Breitling Energy Corporation announces updated reserve data

Breitling Energy Corporation (OTCBB:BECC) announced that due to the partial execution of Breitling's business plan its estimated proved, probable and possible oil and gas assets have increased to a net present value of approximately $128 million, using a 10% discount rate, oil priced at $98.68 per barrel and gas priced as $4.
North America | Wednesday, April 23, 2014

Chestnut Exploration & Production announces promising initial production rates with condensate production for the Cherokee #1 well

Chestnut Exploration and Production, Inc., a Dallas-based independent oil and natural gas company, announced it has successfully completed the Cherokee #1 JV well in Cherokee County, Texas (Charlie Thompson No.
North America | Wednesday, April 23, 2014

Technip agrees to sell its majority share in Seamec

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) announced today that it has entered into binding agreement for the divestment of a majority stake of at least 51% up to 75% in Seamec Limited (BSE: 526807, NSE: SEAMECLTD) to HAL Offshore Limited, India at a consideration of Rs 97 per share (translating to €20 million for 51% stake and up to 29 million for 75% stake). This divestment allows for the development of the Seamec business and HAL's and is part of Technip's strategy to concentrate on its core competencies involving deepest subsea complex, deepwater oil and gas developments.
North America | Wednesday, April 23, 2014

Enterprise Products to build ethane export facility on Texas Gulf Coast

Enterprise Products Partners L.P.
North America | Wednesday, April 23, 2014

Perverse outcomes: Lifting U.S. oil export ban would mean greater dependence on foreign oil

The United States today is a large net importer of crude oil and refined products. And, yet the story that the country can somehow export crude oil as a foreign policy measure to help reduce Ukraine's dependence on Russia won't die.
North America | Wednesday, April 23, 2014

Horizon's initial due diligence on Cherokee County oil and gas lease suggests potential

Horizon Energy Corporation (OTCQB: HORI) announces its initial due diligence is favorable and it will soon be ready to move forward with final negotiations on its option agreement for leases known as the Holmes Oil Unit Number 1 in the East Texas counties of Cherokee and Rusk. The agreement is with Ponta E&P LLP, a Texas partnership involved in oil and gas exploration and production in the area.
North America | Wednesday, April 23, 2014

Gary P. Luquette elected as Non-Executive Chairman of McDermott's Board of Directors

McDermott International, Inc. (NYSE: MDR) announced that Gary P.
North America | Wednesday, April 23, 2014

RWE acquires substantial UK solar project

RWE Supply & Trading announces acquisition of 'Kencot Hill Solar Farm'. The 37 MWp ground-mounted solar PV project will be one of the largest in the UK and is located on a disused airfield in Oxfordshire, England.
West Europe | Wednesday, April 23, 2014

RIL signs loan co-financed by JBIC and Japanese banks backed by NEXI for up to USD 550

In continuation of the fund raising programme initiated in FY 2012-13, RIL has tied up Export Credit Agency (ECA) facility of up to USD 550 million co- financed by JBIC and a group of other Japanese banks backed by NEXI to part finance the proposed expansion of its petrochemical plants and setting up new gasification plant and refinery off-gas cracker over the next two to three years. This is RIL's eighth ECA facility for the largest capital expenditure program it has undertaken.
Asia Far East | Wednesday, April 23, 2014

FAR Ltd provides an update on current drilling program in Senegal and future plans in Kenya

FAR Ltd has received a number of shareholder enquiries about the current drilling program in Senegal and future plans in Kenya. FAR is currently drilling the first of two potentially high-impact exploration wells offshore Senegal, with its joint venture partners Cairn Energy of the UK, ConocoPhillips of the USA and Petrosen the Senegalese national oil company.
Africa | Wednesday, April 23, 2014

AMEC announces Interim Management Statement

Summary Year-to-date trading continues to be in line with expectations however North American currencies remain weak versus Sterling Order intake and forward visibility remain good Order book at 31 March 2014 £4.2 billion (December 2013: £4.
North America | Wednesday, April 23, 2014

Cape Hong Kong Fuji awarded a three year contract with a major power supplier in Hong Kon

Cape Plc, the international provider of critical support services to the energy and mineral resources sectors, announces its subsidiary, Cape Hong Kong Fuji (CHKF), has been awarded a three year contract with a major power supplier in Hong Kong, for the provision of safe access services and associated services. Cape acquired Hong Kong Fuji Technology, now CHKF, in March 2012, in order to expand the Group's presence in this region.
Asia Far East | Wednesday, April 23, 2014

Kentz awarded a US$125m 5 year contract in Kuwait by Fluor

Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the award of a major five-year cost reimbursable contract by Fluor Kuwait Company, with an estimated value of US$125m. Under the terms of the contract, Kentz will supply multi-discipline technical and supervisory personnel on a reimbursable basis to meet Fluor's supplementary manpower requirements on Fluor's Consultancy Services in Project Management and Related Activities contract for Kuwait Oil Company.
Middle East | Wednesday, April 23, 2014

Plexus Holdings PLC awarded contract with new customer Galp Energia

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 that it has been awarded a contract with new customer Galp Energia Tarfya, B.V.
West Europe | Wednesday, April 23, 2014

Mediterranean Oil & Gas announces operational update for the three months ended 31 March 2014

The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce the following operational update for the three months ended 31 March 2014. Production and Revenues Production: MOG's total net production for Q1 2014 was 4.
East Europe | Wednesday, April 23, 2014

Max Petroleum announces successful drilling results of an appraisal well in the East Kyzylzhar I Field

Max Petroleum Plc, an oil and gas company focused on Kazakhstan is pleased to announce the successful drilling results of an appraisal well in the East Kyzylzhar I Field. The KZIE-5 appraisal well has reached a vertical depth of 1,295 metres with electric logs indicating seven metres of net oil pay in two Jurassic reservoirs over a 22 metre gross interval at vertical depths between 1,150 and 1,172 metres.
Russia FSU | Wednesday, April 23, 2014

BP agrees sale of interests in four Alaska North Slope assets


BP today announced that it has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP's interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields.
North America | Wednesday, April 23, 2014

Ring Energy, Inc. provides first quarter 2014 operations update

Ring Energy, Inc. (NYSE MKT: REI) announced its operations update for the first quarter of 2014.
North America | Tuesday, April 22, 2014

NEOS GeoSolutions appoints Vice President of Global Sales

NEOS GeoSolutions, Inc. announced that it has appointed Larry Scott as Vice President of Global Sales.
North America | Tuesday, April 22, 2014

Quantum Energy receives refinery funding conditional commitment letter

Quantum Energy, Inc. (PINKSHEETS: QEGY), announced that it has received a Conditional Commitment Letter from NBM Strategic Capital and its Grey Fox private equity arm for the $250 million dollar projected cost to construct the Fairview Refinery in East Fairview, North Dakota.
North America | Tuesday, April 22, 2014

Magnum Hunter Resources announces execution of a definitive agreement to sell remaining Canadian assets for $75 million

Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.
North America | Tuesday, April 22, 2014

Noble Corporation names Steven A. Manz as Senior Vice President and Chief Financial Officer of Paragon Offshore

Noble Corporation plc (NYSE: NE) announced that Steven A. Manz has been appointed to the position of Senior Vice President and Chief Financial Officer of Paragon Offshore Ltd.
North America | Tuesday, April 22, 2014

Serinus Energy announces first quarter operations update

Serinus Energy Inc. (TSX:SEN)(WARSAW:SEN) is pleased to provide the following update for its first quarter operations.
Russia FSU | Tuesday, April 22, 2014

Deep Well Oil & Gas announces operations update on its joint projects located in Sawn Lake, Alberta

Deep Well Oil & Gas, Inc. (OTCQB:DWOG) is pleased to announce the following operations update on its joint projects located in Sawn Lake, Alberta.
North America | Tuesday, April 22, 2014

Intertek oil condition monitoring services on display at NORIA Reliable Plant

Intertek, a leading quality solutions provider to industries worldwide, is exhibiting its global lubricant and oil condition monitoring (OCM) testing capabilities and expertise at the NORIA Reliable Plant 2014 conference in San Antonio, Texas, USA, April 22-24, 2014. Intertek's exhibit is located at space 719.
North America | Tuesday, April 22, 2014

ERHC Energy announces 2D seismic program underway on Kenya Block 11A

ERHC Energy Inc. (OTCBB:ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today announced the start of a 2D seismic program covering at least 1,000 line kilometers on Block 11A in the Republic of Kenya.
Africa | Tuesday, April 22, 2014

Baker Hughes and Aker Solutions form subsea production alliance

Baker Hughes Incorporated (NYSE: BHI) and Aker Solutions ASA (OSE:AKSO) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions' strengths in subsea production and processing systems with Baker Hughes' expertise in well completions and artificial-lift technology to deliver reliable, integrated in-well and subsea production solutions that will help mitigate risk, accelerate output and extend the life of subsea fields.
North America | Tuesday, April 22, 2014

Cardinal Energy Group, Inc. raises $3.5 million in private placement financing

Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that the Company sold $3.
North America | Tuesday, April 22, 2014

Deepsea Atlantic resumes operations after special periodic survey

Odfjell Drilling's sixth generation semisubmersible, Deepsea Atlantic, resumed drilling operations for Statoil on the Gullfaks field late evening on 20 April 2014 after an efficient and successful yard stay. The special periodic survey and the planned modifications were executed in 25 days, five days ahead of the scheduled 30 days and within budget of USD 55 million.
West Europe | Tuesday, April 22, 2014

Lucas Energy completes $2 million equity offering

Lucas Energy, Inc. (NYSE MKT: LEI) announced that on April 21, 2014, it completed the sale of equity securities as previously announced, to funds managed by Ironman Energy Master Fund and John B.
North America | Tuesday, April 22, 2014

Government appoints new Chief Executive Officer of ENAP

The Minister of Energy and Chairman of the Board of Directors of Empresa Nacional Del Petróleo (ENAP), Máximo Pacheco, informed that ENAP's Board accepted the resignation of Julio Bertrand, as the company's Chief Executive Officer, effective from May 12 of the current year. In his replacement, the President of the Republic Michelle Bachelet, has appointed Marcelo Tokman Ramos, a position which was ratified by the company's Board of Directors.
North America | Tuesday, April 22, 2014

Hawk Exploration announces 2013 annual results and filing of reserves data

Hawk Exploration Ltd. announces that it has filed on SEDAR its audited annual financial statements, and related management's discussion and analysis.
North America | Tuesday, April 22, 2014

Lilis Energy receives NASDAQ notice regarding listing requirements

Lilis Energy, Inc. (Nasdaq:LLEX), an oil and gas exploration and production company focused on development in the Wattenberg Field and surrounding areas of the Denver-Julesburg (DJ) Basin, received a letter on April 17, 2017 from the Nasdaq Stock Market LLC ("Nasdaq") notifying Lilis Energy that it was no longer in compliance with Nasdaq Rule 5250(c)(1) related to the filing of periodic financial reports with the Securities and Exchange Commission.
North America | Tuesday, April 22, 2014

MEO Australia granted work program variations for exploration permits AC/P50 and AC/P51 in the Vulcan Sub-Basin

MEO Australia Limited (ASX: MEO) has been advised by the National Offshore Petroleum Titles Administrator (NOPTA) that the Territory of Ashmore and Cartier Islands Offshore Petroleum Joint Authority has approved applications for work program variations for Exploration Permits AC/P50 and AC/P51 in the Vulcan Sub-Basin. MEO applied for the work program variation to allow additional geotechnical studies to be completed ahead of any requirement to drill a well in each of the permits.
Australasia | Tuesday, April 22, 2014

Bungaloo-1 spudded in Penola Trough, Otway Basin

Cooper Energy announces that Bungaloo-1, the second of two deep wells targeting the Casterton Formation within the Penola Trough of the onshore Otway Basin, was spudded in PEL 494 at 12:30 on 19 April 2014 by Ensign rig 916. At 06:00 today the well was at a depth of 617 metres in the Eumeralla Formation and running in hole with 13-3/8' casing in accordance with the drilling programme.
Australasia | Tuesday, April 22, 2014

Mohua 2D seismic survey acquired in PEP 53537

Octanex N.L.
Australasia | Tuesday, April 22, 2014

Fred. Olsen Energy ASA provides project and operational updates

Blackford Dolphin Class renewal survey: The need for additional structural upgrades of Blackford Dolphin has been identified. Finalization of these upgrades is estimated to be completed in June.
South America | Tuesday, April 22, 2014

Big data. Big opportunity. Is your commodity value chain smart?

Everyone is talking about Big Data these days: how to capture it; how to manage it; how to store it; how to use it. Businesses that deal in physical commodities, such as oil and gas, are no exception.
West Europe | Tuesday, April 22, 2014