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Cuba: Figuring Out Pieces of the Puzzle

Cuba is an unusual country for quite a few reasons: The United States has had an embargo against Cuba since 1960, but there has recently been an announcement that the US will begin to normalize diplomatic relations. The leader of Cuba between 1959 and 2008 was Fidel Cas ...
Central America | Wednesday, May 27, 2015

PetroNova announces first quarter 2015 results

PetroNova Inc. (TSX-V: PNA), a company engaged in the exploration and development of oil and natural gas resources in Colombia, today announced its operational and financial results for the three months ended March 31, 2015. Since January 1, 2015, the Company: Complete ...
South America | Wednesday, May 27, 2015

International Western Petroleum acquires working interests in two multi-well productions of the Bend Arch region, Texas

International Western Petroleum, Inc. is pleased to announce that the Company has completed the acquisition of 39.5% of the working interests in the Bend Arch Lion 1A Joint Venture (the Pittard Bend Arch White property encompassing 160 acres) and 50% of the working inte ...
North America | Wednesday, May 27, 2015

Jericho Oil closes on newest Oklahoma acquisition

Jericho Oil Corporation (TSX-V: JCO; OTCQX: JROOF), a growth-oriented oil company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the U.S., has signed a purchase and sale agreement to acquire a 50% work ...
North America | Wednesday, May 27, 2015

Striker Exploration Corp. announces first quarter operating and financial results

Striker Exploration Corp. (TSX VENTURE:SKX) announces operating and financial results for the three month period ended March 31, 2015. First quarter 2015 highlights The first quarter of 2015 is the initial reporting period demonstrating consolidated results of product ...
North America | Wednesday, May 27, 2015

PetroMaroc Corporation publishes first quarter 2015 results

In the first quarter of 2015, PetroMaroc Corporation plc (TSX VENTURE:PMA) continued to evaluate a series of strategic and financial alternatives, as previously announced. Highlights Financial: Cash position as at March 31, 2015, of US$0.7 million (US$1.4 million as a ...
North Africa | Wednesday, May 27, 2015

Pacific Energy Development announces acquisition agreement with Dome Energy

PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE MKT: PED) today announced the entry into an Agreement and Plan of Reorganization with Dome Energy AB (OMX: DOME) whereby the Company will acquire all the US oil and gas assets of Dome. This transformational business ...
North America | Wednesday, May 27, 2015

Iona Energy announces first quarter 2015 financial results

Iona Energy Inc. (TSX VENTURE:INA) a Canadian independent oil & gas company with assets in the UK North Sea announces its Q1 2015 financial and operating results for the three months ended March 31, 2015. Q1 2015 Highlights Operating Q1 2015 average net production of ...
North America | Wednesday, May 27, 2015

Crescent Point Energy to acquire Legacy Oil + Gas Inc in $1.5 billion deal

Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) announces that it has entered into an arrangement agreement to acquire all of the issued and outstanding shares of Legacy Oil + Gas Inc.. Legacy is a publicly-traded, light oil-weighted producer with approximately 22,000 ...
North America | Wednesday, May 27, 2015

Leucrotta Exploration announces first quarter financial and operating results

LEUCROTTA EXPLORATION INC. (TSX VENTURE:LXE) announces its financial and operating results for the three months ended March 31, 2015. All dollar figures are Canadian dollars unless otherwise noted. Highlights Averaged 2,291 boe/d of production during Q1 2015 (excludes ...
North America | Wednesday, May 27, 2015

Are oil and gas companies across the world 'complacent' on financial risk of suppliers?

It's no secret that the oil and gas industry is suffering from financial pressure, with firms racing to make efficiencies and achieve 'quick win' cost savings. The fall-out from the tumbling oil price has been punishing, painful for those losing jobs, and highly public ...
North America | Wednesday, May 27, 2015

Atlantic Petroleum announces first quarter results

P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK & Oslo Stock Exchange: ATLA NOK) today announces its results for the first three months of 2015. Highlights & Outlook Atlantic Petroleum has demonstrated exploration value creation in the short term by monetising the Pegasu ...
West Europe | Wednesday, May 27, 2015

U.S. Global's Brian Hicks Shares His Summer Plans for Creating the Ultimate Resource Fund

You may want to rethink those tickets to Hawaii, and instead spend the summer basking in the opportunities developing in three different sectors of the oil market. In this interview with The Energy Report, U.S. Global Resources Fund Manager Brian Hicks shares the names ...
North America | Wednesday, May 27, 2015

Oil price, Victoria Oil & Gas, And finally...

Oil price The oil price reacted downwards yesterday again primarily on technicals, the better economic stats from the US causing further dollar strength which seeped into the oil price. On the upside it is only three days until the deadline for an Iranian nuclear deal ...
West Europe | Wednesday, May 27, 2015

Wood Group appointed as DECC technical advisor for carbon capture and storage

Wood Group Kenny (WGK) will provide technical advisory services for carbon capture and storage (CCS) policies, as well as potential projects across the UK, as part of a framework agreement with the Department of Energy & Climate Change (DECC). The four year agreement w ...
West Europe | Wednesday, May 27, 2015

Victoria Oil & Gas announces gas plant purchase from Expro, Cameroon

Victoria Oil & Gas Plc today announces that its 100% owned subsidiary, Gaz du Cameroun S.A., has made payment in full for the purchase of the Logbaba gas processing plant from Expro Worldwide BV. The Plant currently processes gas extracted from the GDC wells, producing ...
Africa | Wednesday, May 27, 2015
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