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Friday, October 17, 2014Panorama Petroleum provides an update on Block 26
Panorama Petroleum Inc. (TSX VENTURE:PPA) reported through a news release dated September 29, 2014 that the Company entered into a Memorandum of Understanding ("MOU") with State Petroleum Overseas Inc. ("State") to acquire one hundred percent (100%) ... Middle East
Range announces new credit facility and ratings upgrade
Range Resources Corporation (NYSE: RRC) announce that it has amended and restated its revolving credit facility. The new five-year agreement with a syndicate of twenty-nine financial institutions has a maximum facility size of $4 billion, with an initial borrowing base ... North America
Bradford Drilling Program is executing as planned
Cardinal Energy Group, Inc. (OTCQB: CEGX) report that its Bradford Drilling Program is executing as planned. We have drilled 6 wells to date with 3 wells currently on-line. The Tannehill Sandstone is producing oil according to the anticipated results predicted from the ... North America
Vollgrav South exploration well completed as a dry well
Lundin Petroleum AB (TSX:LUP)(OMX:LUPE), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 33/12-10 S. The well investigated the hydrocarbon potential of the Vollgrav South prospect in PL631, which is locate ... West Europe
Schlumberger announces third-quarter 2014 results
Schlumberger Limited (NYSE:SLB) reports third-quarter 2014 revenue of $12.6 billion versus $12.1 billion in the second quarter of 2014, and $11.6 billion in the third quarter of 2013. Third-quarter revenue was up 5% sequentially and increased 9% year-on-year with Intern ... North America