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Karoon Gas Australia spuds Echidna-1 exploration well, third of the current Santos Basin drilling campaign

Karoon Gas Australia Ltd is pleased to announce the spudding of the third well in the current Santos Basin drilling campaign, the Echidna-1 exploration well, at 1500 hrs BRT on 31 March 2015. The top of the reservoir section is expected to be penetrated withi ...

Malcy's Flash Blog

Another flash blog today, as promised yesterday there will be a more detailed update tomorrow but in the meantime a few things to watch out for: The deadline for a deal with Iran on nuclear matters has expired but those close to the process say that talks are ...

Solo Oil announces completion of regional Dar es Salaam - Mnazi Bay pipeline

The Company has been informed by operator Aminex plc that the Tanzanian Petroleum Development Corporation ('TPDC') have formally reported that the regional pipeline connecting Dar es Salaam to Mnazi Bay is now complete and that hydrostatic pressure testing wil ...

Roxi Petroleum provides BNG operations and progress of Galaz sale update

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset and progress on the completion of the sale of Galaz. BNG Operational Update The BNG Contract Area ...

Can Argentina Capitalize On Its Vast Shale Reserves?

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors' minds. The qu ...

Tethys Petroleum announces 2014 annual results

Tethys Petroleum Limited (TSX:TPL) (LSE:TPL) today announced its Annual Results for the year ended December 31, 2014. Corporate Highlights - 2014 Updated Oil Resource Report for the 'Klymene' prospect in Kazakhstan with total Unrisked Mean Recoverable Oil Res ...

The Underwater Centre appoints new ROV Operations Manager

World renowned subsea training and trials facility, The Underwater Centre, has appointed Steve Cullen to the newly created role of ROV Operations Manager, where he will lead the development of the Centre's ROV training and trials activities. He joins the Cent ...

Hydrodec - Strengthening the UK platform

Hydrodec has announced that it is to acquire the business, assets and trade name of Eco-Oil from Eco-Oil International for £2.4m. The transaction strengthens Hydrodec's platform for the production of re-refined oil in the UK and provides opportunities fo ...

Harkand awarded $5 million diving support contract in Mexico

Harkand has secured a USD 5 million contract in Mexico to perform saturation diving services in support of an offshore pipeline project for offshore construction company Swiber Offshore Mexico S.A de C.V. The global subsea inspection, repair, maintenance, and ...

Empyrean Energy secures additional debt financing for continues development of the Sugarloaf AMI project

Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, is pleased to announce that it has reached an agreement with Macquarie Bank Limited for additional debt fund ...

Kosmos Energy announces redetermination of borrowing base

Kosmos Energy Ltd. (NYSE: KOS) announced today that the borrowing base under its reserves-based lending facility has remained unchanged at $1.5 billion following its lenders' semi-annual redetermination process. For the first time, the borrowing base calculati ...

Fifth Ring to open new immersive office

Global marketing communications agency Fifth Ring has taken its offering to new levels. Not content with having offices in North America, Europe, Middle East and Asia-Pacific, Fifth Ring has embarked on an entirely new project in the form of a new subsea offic ...

Sanchez Production Partners acquires Eagle Ford shale assets from Sanchez Energy Corp.

Sanchez Production Partners LP (NYSE MKT: SPP) today announced that it has executed and closed an agreement with Sanchez Energy Corp. (NYSE: SN) to acquire wellbore interests in certain producing oil and natural gas wells in the Eagle Ford Shale for aggregate ...

AWE Limited provides Irwin-1 exploration well drilling update

AWE Limited (ASX: AWE), advises that as at 06:00 hours (6.00am) AWST today the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, was at a measured depth of 1,079m and drilling ahead in 12 1/4 inch hole to the next planned section ...
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