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Cabot Oil & Gas Corporation announces first quarter 2014 financial and operating results
Cabot Oil & Gas Corporation (NYSE: COG) today reported its financial and operating results for the first quarter of 2014. Highlights for the quarter include: First Quarter 2014 Financial Results Equivalent production in the first quarter of 2014 was 119.9 Bcfe, consis ...
North America
Bakken Energy Corp begins negotiation to buy oil refinery in Southern Utah Uinta Basin
Bakken Energy Corp formerly Orofino Gold Corp. (OTC: ORFG) announce that the company has reached a memorandum of understanding between its board of directors to acquire an Oil Refinery in Southern Utah. The company expects to give details of the acquisition agreement by ...
North America
Cub Energy Inc. RK-21 well reaches total measured depth with multiple potential gas-bearing zones
Cub Energy Inc. (TSX VENTURE:KUB) provides an operational update and announces the Rusko-Komarovske-21 ("RK-21") development well on the Rusko-Komarovske ("RK") licence in western Ukraine has reached a total measured depth ("TMD") of 1,818 ...
Russia FSU
Synergy Resources Corporation mid-year proved reserves increase 43%
Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, announces that its mid-year proved reserve evaluation for the six months ending 2/28/2014 increased to 19.7mm/BOE compared to 13. ...
North America
Cardinal Energy Group, Inc. sells its California and Ohio assets
Cardinal Energy Group, Inc. (OTCQB: CEGX) announced that it completed the sale of its oil and gas assets in California and Ohio to California Hydrocarbons Corporation on April 22, 2014 for 3,000,000 shares of Cardinal Energy stock held by California Hydrocarbon that wil ...
North America
Mediterranean Oil & Gas provides litigation update
The Board notes the announcement from Leni Gas & Oil Plc ("LGO") this morning on the legal claim brought by it against MOG's subsidiary Malta Oil Pty Limited. As MOG had anticipated, LGO confirmed that it has decided not to petition the Court of Appeal aga ...
East Europe
W Resources final Results for the Year Ended 31 December 2013
W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, announces its audited financial results for the year ended 31 December 2013, in which it made significant achievements in development at La P ...
West Europe
Jericho Oil Corporation adds 160 acres to its recently acquired Kansas properties
Jericho Oil Corporation (TSX-V: JCO) announced it has contracted a 50% interest for 160 additional development Acres in Miami County, Kansas. This acquisition, named EKan-3, brings Jericho's total Kansas acreage position to over 2,800 acres. The EKan-3 acreage will ...
North America
Nexen Energy ULC introduces Fang Zhi as new CEO
Following a 20-year career with Nexen, highlighted by overseeing the acquisition of the company by CNOOC Limited, Kevin Reinhart is departing from his role as Chief Executive Officer (CEO) of Nexen Energy ULC, a wholly-owned subsidiary of CNOOC Limited. "On behalf ...
North America
Leni Gas & Oil decides not to petition Court of Appeal
Leni Gas & Oil announces that, after careful consideration, the Board has decided not to petition the Court of Appeal in its case brought in January 2013 against Mediterranean Oil and Gas plc. The Company will remain focused on its core oil production business in Trinid ...
West Europe
Black Ridge Oil & Gas, Inc. announces increased borrowing base and credit availability
Black Ridge Oil & Gas, Inc. (OTCQB: ANFC) announced an increase to the borrowing base and availability under its credit facility agreements to $50 million, an increase from $43 million. The increase is largely based on the Company's December 31, 2013 reserve report, ...
North America
Ecopetrol reports on decisions involving STAR project
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that members of the Business Committee of the Board of Directors of Ecopetrol and executives of Pacific Rubiales Energy met yesterday morning to review the status of the STAR technology pilot project in the Qui ...
South America
Texas family wins landmark $3-million verdict against fracking operator
A Dallas jury awarded a local family $3 million for the illnesses they suffered from exposure to contaminated ground water, solid toxic waste and airborne chemicals generated by natural gas fracking operations surrounding their 40-acre ranch. The verdict against Aruba ...
North America
CB&I reports 2014 first quarter results
CB&I (NYSE: CBI) reported adjusted net income for the first quarter of $94.4 million, or $0.87 per diluted share, excluding integration related costs of $8.1 million, or $0.05 per diluted share. First quarter GAAP net income was $89.0 million, or $0.82 per diluted share ...
North America
Mountainview Energy Ltd. announces 2013 year-end financial results
Mountainview Energy Ltd. (TSXV: MVW) announce its operating and financial results for the year ended December 31, 2013. During 2013, Mountainview continued to build its production and reserve base through the drill bit, which resulted in an increase in revenue and fund ...
North America
Rowan provides fleet contract status update
Rowan Companies plc (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information has been updated as of April 23, 2014. The report titled "Monthly Fleet Status Report" can be found on the Company's website at www.rowa ...
North America
Australian Gas Transmission industry supports NSW Government calls for increased NSW gas supply
The New South Wales Energy Minister's call for increased information about available gas supply has been supported by the Australian gas transmission industry. 'We agree with Minister Anthony Roberts that increased access to coal seam gas in NSW should help red ...
Australasia
Oil and Gas in a cold climate - what's the future for the Arctic?
Fossil fuels rank top among the Arctic’s valuable non-renewable resources and oil and gas companies first started activities in this region around a century ago, although in some areas oil seeps have been known and used by indigenous peoples for centuries. However ...
North America
Santonia Energy announces shareholder and court approvals of the plan of arrangement with Tourmaline Oil Corp.
Santonia Energy Inc. ("Santonia") (TSX:STE) is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. ("Tourmaline&quo ...
West Europe
Crescent Point announces strategic Torquay consolidation acquisition of CanEra Energy and upwardly revised 2014 guidance
Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) announce that it has entered into an arrangement agreement (the "CanEra Arrangement") to acquire all of the issued and outstanding shares of CanEra Energy Corp. ("CanEra"), a privately held southeast Sa ...
North America