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Friday, October 31, 2014

PetroFrontier provides update on Research & Development tax claim
PetroFrontier Corp. announce that its wholly owned subsidiary, PetroFrontier (Australia) Pty Ltd ("PetroFrontier Australia") has received $2,971,884 (Australian Dollars) in respect of Research & Development tax incentives from the Australian Taxation Office pl ...
Australasia
Ecopetrol announces its results for the third quarter of 2014
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announce its unaudited financial results, both consolidated and unconsolidated, for the third quarter of 2014. The financial results were prepared and filed in Colombian pesos (COP$) in accordance with the Public Accou ...
North America
Exxon Mobil Corporation announces estimated third quarter 2014 results
Third Quarter Nine Months 2014 2013 % 2014 2013 % Earnings $ Millions 8,070 7,870 3 25,950 24,230 ...
North America
Bankers Petroleum hosts field tour
Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) hosted its 2014 Field Tour for analysts and institutional investors to showcase the strength and continued momentum of our operations in Albania. During the Field Tour, Bankers Management team gave a technical presentation ou ...
East Europe
Chevron reports third quarter net income of $5.6 billion
Chevron Corporation (NYSE:CVX) report earnings of $5.6 billion ($2.95 per share - diluted) for third quarter 2014, compared with $5.0 billion ($2.57 per share - diluted) in the 2013 third quarter. Foreign currency effects increased earnings in the 2014 quarter by $366 m ...
North America
Oil price, Range Resources, Velocys, Sundry-Exxon-Shell-Gulf Keystone, And finally...
Oil price Oil prices came off yesterday after what has been a pretty steady week by recent standards. The US GDP figures were a touch better than expected and combined with the Fed's chatter the day before produced a rise in the dollar which never helps oil. With t ...
West Europe
Neon Energy awards WA-503-P seismic contract to CGG
Neon Energy Limited (ASX: NEN) is pleased to announce that the Company has awarded a contract to CGG Services (CGG) for licensing of 200 km2 of new broadband 3D seismic data over the WA-503-P offshore petroleum exploration permit. Block WA-503-P is located offshore Wes ...
Australasia
EMGS receives Letter of Intent for BOA Thalassa in Asia
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar. "This is the first time we operate for this customer and also the first time we operate in Thailand ...
Asia Far East
New Standard Energy - Eagle Ford takes flight
New Standard Energy (NSE) continues to perform beyond our expectations and is delivering genuine value through the drill bit and completions in the Eagle Ford. Near-term newsflow is focused on the next two laterals. Activity in Australia has simplified the portfolio and ...
North America
Deloitte: Licensing rounds
Queensland Competitive Cash Bidding Round 3 of 2014 The Queensland Government, through the Department Natural Resources and Mines http://www.dnrm.qld.gov.au/>, announced a third round of competitive bidding on 3 October 2014. More> Queensland Competitive Cash Bi ...
Australasia
Seabird Exploration receives letter of intent for Hawk Explorer
SeaBird Exploration Plc announce that Hawk Explorer has received a letter of intent for a 2D seismic survey in Asia Pacific region. The survey will cover approximately 15,000 km and will have an estimated value of USD 12 million. The project is expected to start in mid- ...
Australasia
Exoma withdraws from the Galilee Joint Venture
Exoma Energy Limited (ASX: EXE) advises that it has withdrawn from the Galilee Joint Venture exploration permits (ATP 991P, ATP 996P, ATP 999P and ATP 1005P), effective as of 1 January, 2015. Following Exoma's withdrawal, CNOOC Galilee Gas Company Pty Ltd will have ...
Australasia
DONG Energy to divest 5% of West of Shetland Edradour field to Total
DONG Energy has agreed to divest 5% of the UK Edradour field to Total E&P UK Limited which when completed results in an aligned DONG Energy participation of 20% in the four UK West of Shetland fields, Laggan, Tormore, Edradour and Glenlivet. Total is the sole co-owner ( ...
West Europe
Vantage Drilling Company reports third quarter 2014 results
Vantage Drilling Company (NYSE MKT: VTG) reports net income for the three months ended September 30, 2014 of $751,000 or $0.00 per diluted share, excluding gains for the early retirement of debt and an upward revision to the tax provision, as compared to earnings of $6. ...
North America
Oilex announces quarterly report for 30 September 2014
CAMBAY PSC (45% & OPERATOR), ONSHORE GUJARAT, INDIA Fracture stimulation completed All isolation plugs successfully milled out Gas and light oil flows to surface during flow-back and light oil recovered for sale Higher than expected proportion of light oil particul ...
Asia Far East
Empire Energy Court case update
TXO PLC, the AIM-quoted energy resource and clean technology investment company, announces that following Smart Win's motion for summary judgment in the case against Empire Energy Inc. ("Empire"), in which TXO has an indirect interest via its 25 per cent. ...
North America
LNG to the rescue at a revived Caribbean oil refinery?
As various Caribbean refineries closed, reopening them faced a problem. Even if you could get cheaper WTI-based crude to them, they would be competing against US refineries powered by lower-cost natural gas. A refinery in the Caribbean would have little alternative exce ...
North America
BPZ Energy announces gas discovery at onshore Block XXIII
BPZ Energy (NYSE: BPZ) (BVL: BPZ) provided an operations update regarding the 2014 exploration campaign at onshore Block XXIII. Onshore Block XXIII (100% BPZ; 200,000 acres) Three onshore shallow exploration wells, ranging in depth from 3,500 to 3,800 feet, have been ...
North America
Oryx Petroleum announces appraisal and development progress on Demir Dagh in the Kurdistan Region of Iraq
Oryx Petroleum Corporation Limited announce an appraisal drilling update for the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq, including test results for the Demir Dagh-7 and Demir Dagh-8 appraisal wells ("DD-7" and "DD-8&qu ...
Middle East
Far East Energy announces further extension of existing loan facility
Far East Energy Corporation (OTCBB:FEEC), the U.S. listed company that operates the Shouyang Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, is pleased to announce a further extension of the maturity date of it ...
Asia Far East