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Sale of two Rennerfeldt wells completed netting Samson Oil & Gas $200,000
NORTH STOCKYARD PROJECT, WILLIAMS COUNTY, NORTH DAKOTA As previously advised the sale of the Rennerfelt #1-13H and Rennerfelt #2-13H wells has been completed providing capital to participate in the more profitable Matilda Bay wells. The infill development plan for Nor ...
North America | Thursday, April 17, 2014
Nighthawk Energy announces new Mississippian oil discovery at Snow King 13-33 well
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update on drilling and production at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado. Snow King 13 ...
North America | Thursday, April 17, 2014

Wednesday, April 16, 2014

Corlena Oil Company II, LLC to sell horizontal Texas Panhandle properties
Corlena Oil Company II, LLC has retained E-Spectrum Advisors LLC to sell their properties targeting the Cleveland, Granite Wash, and Douglas play in Hemphill and Ochiltree Counties, Texas. The properties are 100% operated and include nine producing wells, eight of which ...
North America | Wednesday, April 16, 2014
Three European firms win Angola deepwater deals worth $7.5 billion
Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger scale and risk for the deep-sea contracting and construction sector. Saipem of Italy announced a $4 bi ...
Africa | Wednesday, April 16, 2014
Swordfish Financial, Inc. commits to invest in a series of oil producing wells
Swordfish Financial, Inc. (OTC QB: SWRF) -- As announced in February, our new structure has provided SWRF with the ability to identify and structure well planned investments in new verticals. We have the ability to increase our portfolio and thereby increase the valuati ...
North America | Wednesday, April 16, 2014
Armada Oil, Inc. announces closing of acquisition of Kansas assets
Armada Oil, Inc. (OTCBB:AOIL) announced that, as a part of its asset reallocation strategy, the Company recently completed the acquisition of 100% working interest in six producing oil and gas leases covering approximately 1,040 acres in the Vernon Field in Woodson Coun ...
North America | Wednesday, April 16, 2014
Stratex Oil & Gas enters into joint development agreement to exploit significant San Miguel Oil Resource in Zavala County, Texas
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) announced that it has entered into a Joint Development Agreement ("JDA"), dated as of April 11, 2014, by and among the Company, Quadrant Resources LLC, ("Quadrant"), and Eagleford Energy, Zavala Inc. (& ...
North America | Wednesday, April 16, 2014
Oxford Resource Partners, LP announces sale of Illinois Basin assets
Oxford Resource Partners, LP (NYSE: OXF) announced today that it has sold additional Illinois Basin assets. Cash proceeds from the sale totaled $2 million, thereby enhancing the Partnership's liquidity. This action is consistent with the Partnership's strategy t ...
North America | Wednesday, April 16, 2014
INA urges Croatia's government to halt forced gas sale
Croatian oil and gas firm INA urged the government on Wednesday to halt a forced sale of its gas reserves from the country's storage facility, saying it would cause big losses and put jobs at risk. Croatia in February named state-owned power board HEP to replace IN ...
East Europe | Wednesday, April 16, 2014
Lucas Energy announces $2 million equity offering and is granted NYSE MKT compliance plan extension
Lucas Energy, Inc. (NYSE MKT: LEI) announced that it has entered into an agreement with funds managed by Ironman Energy Master Fund and John B. Helmers (associated with Long Focus Capital Management), pursuant to which the Company will sell up to 3,333,332 units at $0.6 ...
North America | Wednesday, April 16, 2014
Announcement from PA Resources' AGM on 16 April 2014
PA Resources AB (publ) held its Annual General Meeting on Wednesday 16 April 2014 in Stockholm. This is a summary of the most important decisions made by the Annual General Meeting. The annual report for the parent company and the consolidated group's annual report ...
West Europe | Wednesday, April 16, 2014
Saipem awarded FPSO contracts in Angola worth more than $4 billion
The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field Development Project, located in B ...
Africa | Wednesday, April 16, 2014
Tethys Oil provides sales update for first quarter 2014
Tethys Oil's net sales amounted during the first quarter 2014 to MSEK 195. The average selling price during the quarter was USD 106.6 per barrel and 280,782 barrels were sold. As per 31 March 2014, the underlift position amounted to 43,428 barrels (underlift of 13, ...
West Europe | Wednesday, April 16, 2014
Ezion secures a contract with an approximate value of USD43.7 million
The Board of Directors of Ezion Holdings Limited announce that it has secured a charter contract with a value of approximately USD 43.7 million over a 3 year period to provide a service rig ('Service Rig') to support a South Asian based national oil company. Th ...
Asia Far East | Wednesday, April 16, 2014
BOEM proposes Western Gulf of Mexico oil and gas lease sale
As part of President Obama's all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that the bureau will offer more than 21 million ...
North America | Wednesday, April 16, 2014
Integra Group reports 2013 financial results and 2013 order book update
Integra Group (LSE: INTE), one of the leading independent providers of diversified oilfield services, released today its Audited Consolidated Financial Statements, prepared in accordance with IFRS, for the year ended December 31, 2013. 2013 Financial Highlights Sales ...
North America | Wednesday, April 16, 2014