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Ineos to invest £640 million in UK shale gas exploration
Ineos has announced plans to invest £640 million in shale gas exploration in the UK. The company said it had applied for numerous exploration blocks in an ongoing licensing round run by the Department of Energy and Climate Chang Chief executive of Ineos Upstream ...
West Europe | Thursday, November 20, 2014
PetroNova spuds first well in its Llanos Basin drilling campaign
PetroNova Inc. (TSX-V: PNA) announce its operational and financial results for the three and nine months ended September 30, 2014 and that it has spud the first of four planned wells at its Pendare discovery on the CPO-13 Block (in which PetroNova has 20 percent working ...
South America | Thursday, November 20, 2014
Mountainview Energy announces initial production of 700 boe per day from BJNJ 30-31-1H well
Mountainview Energy Ltd. (TSXV: MVW) provides an operational update on its recent three-well drilling program. BJNJ Well Pad (BJNJ 30-31-1H & BJNJ 19-18N-1H) The Company has successfully drilled the BJNJ 30-30-1H well (the "BJNJ 30 well") and the BJNJ 19-18- ...
North America | Thursday, November 20, 2014
Oil and currency markets reflect expectations for lower global economic growth
Source: U.S. Energy Information Administration, based on Bloomberg Note: The U.S. dollar index measures the value of the U.S. dollar against a basket of six currencies' exchange rates: the euro, Japanese yen, British pound, Canadian dollar, Swiss franc, and Swedish ...
North America | Thursday, November 20, 2014
Apache Corporation announces sale of non-core Southern Louisiana and certain Anadarko Basin oil and gas assets
Apache Corporation (NYSE, Nasdaq: APA) will provide an update to investors at its North American Update conference in New York today. Highlights from the Update include: Apache forecasts 2015 North American onshore liquids growth of 12 to 16 percent when adjusted for ...
North America | Thursday, November 20, 2014
Hyperion Exploration to be acquired by Tri-Win International Investment Group Inc.
Hyperion Exploration Corp. (TSX VENTURE:HYX) announce that it has entered into an agreement (the "Arrangement Agreement") with Tri-Win International Investment Group Inc. ("Tri-Win") pursuant to which Tri-Win has agreed to purchase all of the issued ...
North America | Thursday, November 20, 2014
Venoco, Inc. announces 3rd quarter 2014 financial and operational results
Venoco, Inc. report financial and operational results for the third quarter of 2014. The company reported net income of $39.5 million for the quarter on total revenues of $57.9 million. The Company experienced reduced income from operations for the first nine months of ...
North America | Thursday, November 20, 2014
SPDC completes sale of oil mining lease 24 in Nigeria
The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in Oil Mining Lease 24 (OML24) and related facilities in the Eastern Niger Delta to Newcross Exploration an ...
Africa | Thursday, November 20, 2014
Empire agrees to sell last of its Carnarvon Basin tenements
Empire Oil & Gas (ASX: EGO) is pleased to advise that it has taken another key step in its strategy to unlock the value of its Perth Basin assets, signing an indicative agreement to sell its remaining acreage in WA's onshore Carnarvon Basin. Empire will sell its su ...
Australasia | Thursday, November 20, 2014
Primeline signs project finance contract
Primeline Energy Holdings Inc. (TSX VENTURE:PEH) announces that the binding documentation for the project finance facility for the financing of its share of the costs to complete the LS36-1 gas field development ("Development") has now been finalised and was s ...
Asia Far East | Thursday, November 20, 2014
Legend Oil and Gas releases report for third quarter 2014
The Legend Oil and Gas, Ltd.(LOGL) quarterly report at September 30, 2014, continues to indicate many items that reflect the corporate restructuring which began in June of this year. Legend continued to expand its drilling programs at Piqua, McCune and the newly acquire ...
North America | Thursday, November 20, 2014
Alvopetro announces third quarter financial and operating results and 2015 capital plan
Alvopetro Energy Ltd. (TSX VENTURE:ALV) announce our third quarter 2014 financial and operating results and 2015 capital plan. OPERATIONAL UPDATE We completed testing our 197(1) well in October 2014. The 197(1) well was drilled to a total depth of 3,275 metres and enc ...
North America | Thursday, November 20, 2014
Continental Energy posts first quarter 2015 results
Continental Energy Corporation (OTCQB: CPPXF) an emerging international energy investment company established to acquire participating interests in conventional, alternative, and renewable energy generation and distribution projects focused on the developing countries o ...
Asia Far East | Thursday, November 20, 2014
Global petrochemical prices fell 4% in October
Prices in the $3-trillion-plus global petrochemicals market extended its fall by 4% in October, as upstream energy prices continued to slide. Petrochemical prices, expressed as a monthly average, fell to $1,324 per metric ton (/mt) from $1,384/mt in September, according ...
North America | Thursday, November 20, 2014
Shoreline Energy announces the closing of sale of its Wattenburg working interests for net proceeds of US$4.1 million
Shoreline Energy Corp. (TSX:SEQ) announce that it has closed the sale of its Wattenburg working interest assets for net proceeds of US$4.1 million (approximately $4.65 million Canadian Dollars based on current exchange rates) plus an interim hold back for working capita ...
North America | Thursday, November 20, 2014
Victory Energy announces preliminary third quarter 2014 results
Victory Energy Corporation, (OTCQX: VYEY) a rapidly growing, Permian Basin focused oil and gas company, today announced operating results for the three months and nine months ended September 30, 2014. 2014 Third Quarter Highlights (Unaudited) $5.5 million of total as ...
North America | Thursday, November 20, 2014

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