Addax Petroleum

Latest News and Press Releases

Worldwide

Addax Petroleum Announces Record Second Quarter 2008 Results

Saturday, August 16, 2008

• 83 per cent increase in Funds Flow From Operations to $524 million • 190 per cent increase in Net Income to $293 mill...

Africa

Addax Petroleum Announces Federal Government Approval of Nigeria Gas Utilisation Initiative

Saturday, August 02, 2008

- International consortium formed for investment in gas development, including the potential monetization of OML137 gas...

Africa

Addax Petroleum Statement

Tuesday, July 29, 2008

Addax Petroleum Corporation today made the following announcement. The Corporation is aware of certain reports from t...

Africa

Addax Petroleum Announces Production Milestone in Nigeria

Tuesday, July 08, 2008

Addax Petroleum Corporation announces today that the historic milestone of 200 million barrels of oil production from t...

Africa

Sterling Energy Provides Update on Iris Charlie Marin-1, Exploration Well, Offshore Gabon

Monday, July 07, 2008

Sterling Energy, an AIM listed independent oil and gas exploration and production company with interests in the Gulf of...

Africa

Addax Petroleum Announces Cameroon Exploration Results

Sunday, July 06, 2008

Addax Petroleum Corporation announces the initial results of its Cameroon exploration campaign where the Corporation ha...

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More Headlines from Addax Petroleum

Africa

Addax Petroleum Acquires Shallow Water Exploration License in Nigeria

Friday, July 04, 2008

Addax Petroleum Corporation has been awarded a 40 per cent interest in Oil Prospecting License (“OPL”) 227, offshore Ni...

Africa

Addax Petroleum Acquires Shallow Water Exploration License in Nigeria

Thursday, June 12, 2008

Addax Petroleum Corporation has been awarded a 40 per cent interest in Oil Prospecting License (“OPL”) 227, offshore Ni...

Africa

Sterling Energy Announces Farmout Of Interest in Gabon for Cash and Carry

Thursday, June 05, 2008

Sterling, an AIM listed independent oil & gas exploration and production company with interests in the Gulf of Mexi...

Africa

Addax Petroleum Announces Record First Quarter 2008 Results

Tuesday, May 06, 2008

• 78 per cent increase in Funds Flow From Operations to $469 million • 204 per cent increase in Net Income to $240 mill...

Africa

Addax Petroleum Announces New Acreage Award Offshore Cameroon

Thursday, April 03, 2008

Addax Petroleum Corporation has signed a Production Sharing Contract (“PSC”) with the Republic of Cameroon, relating to...

Africa

Addax Petroleum Announces Record Results For 2007

Friday, March 14, 2008

• 59 per cent increase in Funds Flow from Operations to $1,319 million • 98 per cent increase in Net Income to $482 mi...

Africa

Addax Petroleum Announces Successful Oil Appraisal Offshore Nigeria

Tuesday, March 11, 2008

Addax Petroleum Corporation announces the successful appraisal of and addition to the Kita Marine discovery. The recentl...

Middle East

Addax Petroleum Updates Continued Appraisal Program At Taq Taq in Iraq

Monday, January 21, 2008

- TT-09 appraisal well flows at an aggregate rate of 16,170 barrels per day Addax Petroleum Corporation announces flow ...

Africa

Addax Petroleum 2007 Year-end Reserves, Resources And 2007 Average Oil Production

Wednesday, January 16, 2008

• 2007 Reserve Replacement Ratio of 302 per cent and Reserve Life Index of 9.7 years • Year end 2007 Proved plus Probabl...

Africa

Addax Petroleum Announces 2008 Capital Expenditure and Production Guidance

Monday, November 12, 2007

CapEx The Corporation's capital expenditure budget for 2008 is $1,509 million, excluding new business acquisition con...

Africa

Addax Petroleum Announces Agreement to Acquire Interest in Deepwater Joint Development Zone

Tuesday, September 25, 2007

Addax to acquire a 40 per cent working interest in JDZ Block 1 Addax Petroleum Corporation has agreed to acquire Ess...

Africa

Addax Petroleum Announces Second Quarter 2007 Results

Tuesday, August 07, 2007

• Funds Flow From Operations increased by 46 per cent and net income increased by 74 per cent • Working interest gross o...