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Jupiter energy provide update on fourth quarter activities and future outlook

Key Points: 45,866 barrels of oil were produced for sale during the Quarter, generating domestic oil sales of ~$US1.53m (~$US33.40 per barrel at the well head). This compares with production of 51,303 barrels for the corresponding quarter in the 2013/14 financial year ...
Russia FSU | Tuesday, January 27, 2015

Monday, January 26, 2015

Global Energy Development report decrease in reserves and write down of oil assets

Global Energy Development PLC, the Latin America focused petroleum exploration, development and production company (AIM: GED) with operations in Colombia, announces the results of its UK reserve report at 31 December 2014, which has been produced by the independent petr ...
West Europe | Monday, January 26, 2015

Extension on NIS drilling programme for Falcon Oil & Gas expired

Falcon Oil & Gas Ltd. (TSX VENTURE:FO) (AIM:FOG) (ESM:FAC) announces the expiry of the extension granted to its partner, Naftna Industrija Srbije jsc (NIS), regarding their obligatory three-well drilling programme in Falcon's Mako Trough Licence in Hungary. In Janu ...
East Europe | Monday, January 26, 2015

Wednesday, January 21, 2015

San Leon Energy decide not to drill Niwiska well in the near-term, operational updates

San Leon Energy plc, the AIM listed company focused on oil and gas exploration in Europe and North Africa, provides an operational update across a number of its assets. 3-Well Drilling Programme in Karpaty and Permian Basin, Poland The second well in the 3-well progra ...
East Europe | Wednesday, January 21, 2015

Otakikpo a "robust" project for Lekoil

Lekoil (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa more generally, announces the completion of an Addendum to the Competent Persons Report on the Otakikpo Marginal Field by AGR TRACS International Ltd, the auth ...
Africa | Wednesday, January 21, 2015

Chairman of Magnolia Petroleum resigns

Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, announces that Dr John Cubitt has resigned as Chairman and from the Board of the Company by mutual consent, with immediate effect. Gavin Burnell, an existing non-executive ...
North America | Wednesday, January 21, 2015

Tuesday, January 20, 2015

Directorate changes at Azonto Petroleum

The Board of Azonto (ASX:APY AIM:AZO) announces that a "fit for purpose" review of the Company's operating structure and costs has been carried out with the objective of maintaining the viability of the current portfolio whilst facilitating the continued m ...
West Europe | Tuesday, January 20, 2015

Monday, January 19, 2015

Oilex receives endorsement for sales of gas from Cambay-77H

Oilex Ltd (ASX:OEX AIM:OEX) announces it has received endorsement from the relevant authorities of the Government of India (GoI) for the sale of gas from Cambay Field, specifically from the Cambay-77H well. This latest endorsement by GoI follows the announcements made b ...
Asia Far East | Monday, January 19, 2015

Tangiers Petroleum identify large resource potential at Icewine

Tangiers Petroleum Limited (ASX:TPT, AIM TPET) is pleased to announce the findings of an Independent Report completed by DeGolyer and MacNaughton estimating substantial resource potential at its Project Icewine, located on the North Slope of Alaska. A summary of the rep ...
North America | Monday, January 19, 2015

Thursday, January 15, 2015

Wentworth Resources commence drilling operations at Kifaru-1 well

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, today announces that drilling operations have commenced on the Kifaru-1 exploration well in the Rovuma Onshore Concession in northern Mozambique. ...
Africa | Thursday, January 15, 2015

Petroceltic International provides operational update, 2015 production outlook and capital expenditure programme

Petroceltic International plc (AIM: PCI), the oil and gas exploration, development and production company focused on the Middle East and North Africa, the Mediterranean and Black Sea regions, today provides an operational update and guidance for its 2015 production outl ...
Middle East | Thursday, January 15, 2015

Tuesday, January 13, 2015

Northern Petroleum provides drilling and production update

Drilling and production update Northern Petroleum (AIM: NOP) provides the following update regarding drilling and operational activities in north west Alberta, Canada. Highlights Drilling Drilling operations commenced on revised single well winter drilling programme ...
North America | Tuesday, January 13, 2015

Rose Petroleum provides update on US oil and gas operations

Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to provide a detailed operational update on the current activities taking place within its oil and gas division. Matthew Idiens, CEO, commented: 'We continue to make excellent ...
North America | Tuesday, January 13, 2015

Monday, January 12, 2015

Fire shuts down Petrosak refinery

Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, announces that on 9 January 2015 a fire occurred at its Petrosak refinery caused by an accident which occurred during recent adverse weather conditions. No one was ...
Russia FSU | Monday, January 12, 2015

Gulfsands Petroleum conclude completion of DRC-1 well.

Gulfsands Petroleum plc (AIM: GPX) provides the following update on drilling activities in Morocco. Well perforating, completion and clean-up operations have now been concluded on the Dardara Southeast 1 well ("DRC-1") located within the Rharb Centre Permit i ...
North Africa | Monday, January 12, 2015

Operations update and 2015 outlook for Ithaca Energy

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) provides an operational update and guidance on the outlook for the year ahead. Average pro-forma production in 2014 was approximately 12,300 barrels of oil equivalent per day ("boepd"), 95% oil Base production in ...
West Europe | Monday, January 12, 2015
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