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Skye Petroleum to report significant third quarter revenue increase
Skye Petroleum, Inc. (Pink Sheets: SKPO) announce that revenues will exceed $500,000 in the third quarter of 2014, an increase of more than ten times the prior year's third quarter. Also, as of this date, sales in 2014 have increased nearly eight times sales through ...
North America
Magnum Hunter Resources announces partnership with Morgan Stanley Infrastructure on Eureka Hunter
Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) announced that it has entered into a Transaction Agreement with an affiliate of Morgan Stanley Infrastructure Inc. ("MSI") relating to a separate purcha ...
North America
Vanguard Natural Resources signs agreement to acquire natural gas and liquids properties, Colorado
Vanguard Natural Resources, LLC (NASDAQ: VNR) announce it has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids ('NGLs') assets in the Piceance Basin in Colorado for a purchase price of $525 million from Bill Barrett Corpora ...
North America
TAG Oil announces abandonment plans at Waitangi Valley-1
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF), reports the Company has agreed that after encountering extreme drilling conditions, including high pressure shallow hydrocarbon zones, in the interest of safety, the surface section of the Waitangi Valley-1 well, located in Petr ...
Australasia
The UK North Sea - future resources - by no means a 'done deal'
In light of a number of recent reports regarding the potential remaining resource of the North Sea, Hannon Westwood felt it appropriate to present its view of the future potential of the UKCS. This view is based upon over twenty years of experience as a noted and respec ...
West Europe
SBM Offshore signs Production Handling Agreement with Noble Energy
SBM Offshore announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the Thunder Hawk DeepDraft(TM) Semi located in 6,060 feet of water in the Gulf of Mexico (GoM). Production fees associated with pr ...
North America
Utica shale's big natural gas flows, and Edvard Munch
Did you ever feel like that kid in the poster for the classic movie “Home Alone” who is clutching his face with both hands, mouth agape in shock at having to foil two nitwit burglars? I did when I saw the initial natural gas production rates that have come ...
North America
Kallisto Energy announces recapitalization financing and new management team
Kallisto Energy Corp. (TSX VENTURE:KEC) announce that it has entered into a definitive reorganization and investment agreement (the "Agreement") with Barry Olson, Donald Sabo, Greg Phaneuf, Elizabeth More, Neil Wilson, Kellie D'Hondt and Paul Storey (the & ...
North America
BRS Resources files Armonia drilling application
BRS Resources Ltd. (TSX VENTURE: BRS) announce that AleAnna Resources, LLC has submitted a drilling application for the Armonia prospect in the Ponte dei Grilli permit area. The Ponte dei Grilli permit area, located in the Emilia Romagna region of northern Italy's P ...
East Europe
Africa Oil announces significant increase in resource estimates of Kenya oil fields
Africa Oil Corp. (TSX:AOI)(OMX:AOI) announce that an independent assessment of the Company's Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by Gaffney, Cline & Associates ("Gaffney Cline" or &quo ...
Africa
Tethys Petroleum Limited provide an Operational and Corporate update
OPERATIONS In Kazakhstan, work continues on the gas project with the dehydration equipment having now been successfully tested in China and being shipped to Kazakhstan. Work is proceeding well on the installation of additional field pipelines, etc., and we are on track ...
Russia FSU
Ranger Offshore to acquire strategic diving assets from Technip USA
Ranger Offshore, Inc. announce that it has signed an agreement to acquire Technip USA's diving assets (the 'Assets'), belonging to the diving division for the North American region of international oilfield services company Technip S.A. ('Technip'). ...
North America
Blackbird Energy completes sale of Bigstone project
Blackbird Energy Inc. (TSX VENTURE:BBI) announce that it has successfully closed the previously announced disposition of 8.0 gross (3.5 net) sections of Montney rights, known as Blackbird's Bigstone project, for net proceeds of $8.89 million after closing adjustment ...
North America
Technip sign agreement to sell 100% of its North American diving assets
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) sign an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip's strategy focuses on high technology and ultra-deep water products and services. Proceeds from this divestmen ...
North America
Ribeye 1H recently placed on pump and producing to sales at reasonable rates
Abraxas Petroleum Corporation (NASDAQ:AXAS) provide the following operations, guidance and acquisition update; announces upcoming presentations. Williston Basin At Abraxas’ North Fork prospect, in McKenzie County, North Dakota, the Ravin 5H, 6H and 7H, which are ...
North America
Oil price, Ophir, Ithaca and sundry- FOGL-Thalassa- And finally...
Oil price Technical differences to WTI and Brent yesterday, the latter fell as few physical buyers were around as the old contract expired but this morning the new contract is up over a dollar. I saw the North Dakota July production numbers yesterday which at 1.1m b/d ...
West Europe
Samson Oil & Gas provides operational advisory
TOTAL COMPANY PRODUCTION Samson net production for 2014 is as follows: Q1 Q2 JULY AUGUST OIL, BO 29,408 50,639 17,310 7,791 GAS, MCF 48,518 50,141 17,820 14,569 BOE ...
North America
Technip awarded a significant contract for new refinery units in the Kingdom of Bahrain
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by The Bahrain Petroleum Company (BAPCO) a significant (1) contract on a reimbursable basis to develop the Front-End Engineering Design (FEED) of the refinery located in the Kingdom of Bahrain. The FEED co ...
Middle East
Yes or no? Implications for the UK Oil & Gas Industry
After one of the longest political campaigns in British political history, the end is in sight. On 18 September, 2014, the Scottish people will vote on whether Scotland should leave the union and become an independent country. A “yes” vote would have enor ...
West Europe
Major new multiclient 2D seismic project launched in Rockall Basin
GeoPartners, in partnership with Seabird Exploration Multi-Client Ltd and DownUnder GeoSolutions, are pleased to announce a major new multiclient 2D (MC2D) seismic project located in the Frontier UK Rockall Basin offshore the NW coast of Scotland, titled Rockall Regiona ...
West Europe