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Friday, December 19, 2014

Fastnet Oil & Gas announces Interim Results for the six months ended 30 September 2014

Fastnet (AIM: FAST, ESM: FOI), the UK and Irish listed E&P company focussed on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces its interim results for the six month period ended 30 September 2014. Operational Highlights Foum Assaka ...
West Europe | Friday, December 19, 2014

Mercom Oil Sands announces interim results for the six month period ended 30 September 2014

Mercom Oil Sands plc announces its interim results for the six month period ended 30 September 2014. Chairman's Statement I am pleased to present my Chairman's statement for Mercom Oil Sands plc ("the Company") for the six month period ended 30 Septe ...
West Europe | Friday, December 19, 2014

Mexican energy sector is being reopened to the private sector

Northcote (AIM: NCT) notes the announcement by MX Oil (AIM: MXO) with whom it has entered into an Agreement conferring Northcote the right to participate, at a level of up to 20%, in potential business activities, alongside MX Oil, in the upstream oil and gas sector in ...
North America | Friday, December 19, 2014

Sterling Energy announcess Directorate and Management changes

Sterling Energy Plc (AIM: SEY) advises that Dr Phil Frank has notified the board of his intention to resign as Exploration Director and as a Director of the Company. Dr Phil Frank joined Sterling in 2011 and has guided the Company through its exploration activity inclu ...
West Europe | Friday, December 19, 2014

Thursday, December 18, 2014

Mosman Oil and Gas provides strategy, acquisitions, organic growth and resource update

The Directors of Mosman Oil and Gas Limited (AIM: MSMN) the New Zealand ("NZ") and Australia focussed oil exploration and development company, announce a corporate update which includes the latest SRK Consulting (Australasia) Pty Ltd ("SRK") report w ...
Australasia | Thursday, December 18, 2014

Cronx Licence Extension builds Independent Oil and Gas' SNS Gas Hub

Independent Oil and Gas plc (IOG) (AIM: IOG.L) update shareholders on progress with the Company's Southern North Sea Gas Hub, which includes the Blythe, Cronx and Elgood Gas discoveries, containing 2P reserves of 3.0 MMBoe and 2C resources of 8.7 MMBoe net to IOG. ...
West Europe | Thursday, December 18, 2014

Caza Oil & Gas announces initial production from two Bone Spring wells

Caza Oil & Gas, Inc. (TSX: CAZ) (AIM: CAZA) announce two more strong results for the Company's Bone Spring program with the first development well on the non-operated Marathon Road Property and the initial test well on the recently acquired and operated East Maratho ...
North America | Thursday, December 18, 2014

Sirius Petroleum announces execution of convertible loan instrument for £9,600,000

Sirius Petroleum (AIM:SRSP) announce that it has entered into an Agreement to Subscribe for Loan Notes and a definitive Convertible Loan Note Instrument for £9,600,000 (the "Loan") with Nima International Limited, an affiliate company of Levant Energy Li ...
West Europe | Thursday, December 18, 2014

Rose Petroleum granted Drilling Permit for State 1-34 well

Rose Petroleum plc (Ticker: ROSE) announce that its wholly owned subsidiary, Rose Petroleum (Utah) LLC, has been granted the Drilling Permit from the State of Utah to enable operations to commence at its State 1-34 Mancos well in the Uinta Basin. Last week Rose was giv ...
North America | Thursday, December 18, 2014

Petroleum Act and associated regulations put before the Parliament of The Bahamas

Bahamas Petroleum Company announce that a new Petroleum Act and a suite of associated regulations to guide and govern oil exploration in The Bahamas has been placed before the Parliament of The Bahamas. In addition, as indicated by the Minister of Environment and Housi ...
Central America | Thursday, December 18, 2014

Solo Oil advised by Aminex that they have updated their internal resource estimates in the southern part of the Ruvuma PSC area

Solo Oil plc (AIM: SOLO) has been advised by Aminex PLC ("Aminex") that they have updated their internal resource estimates in the southern part of the Ruvuma Petroleum Sharing Contract ("PSC") area, in which Solo holds a 25% interest, from mean init ...
Africa | Thursday, December 18, 2014

Green Dragon Gas announces exercise of warrants for a consideration of USD 43 million

Green Dragon Gas Ltd. (LSE: GDG) announces that the Company has received GBP 27,129,000 (USD 42,592,000) and issued 13,756,000 shares to the Chandler Corporation, following the exercise of 13,756,000 warrants ("the Warrants"). The Warrants were issued in June ...
North America | Thursday, December 18, 2014

TomCo receives tentative approval for additional permits

TomCo Energy plc (AIM: TOM) report that further to the announcement on 17 February 2014, the Company's Ground Water Discharge Permit ("GWDP") and Construction Permit ("CP") have been tentatively approved by the Utah Division of Water Quality (&qu ...
North America | Thursday, December 18, 2014

Tower Resources agrees to issue 15,090,845 New Ordinary Shares

Tower Resources plc (TRP.L, TRP LN), the AIM listed Africa focussed oil and gas exploration company, announces the following issuance of New Ordinary Shares. Tower has agreed to issue 15,090,845 New Ordinary Shares under contractual arrangements as part payment for ser ...
West Europe | Thursday, December 18, 2014

Arbuzovskoye 106 well in production at a stabilised average rate of 170 bopd

PetroNeft Resources (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations. Licence 61 Arbuzovskoye Following some delays the Arbuzovskoye 106 well has successfully e ...
Russia FSU | Thursday, December 18, 2014

Production from Roger Swartz #1 vertical well more than doubled

Magnolia Petroleum Plc provide an update on its operated leases in Oklahoma including a more than doubling of production at its 100% owned Roger Swartz #1 well following the successful completion of low cost stimulation work, and the drilling of additional vertical well ...
North America | Thursday, December 18, 2014
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