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Trinidad Drilling Ltd. announces the implementation of a normal course issuer bid and retirement of one director
Trinidad Drilling Ltd. announce that it has received approval from the Toronto Stock Exchange (the "TSX") to acquire for cancellation, by way of normal course issuer bid (the "Bid"), up to 12,299,009 common shares of the Corporation, which represent ...
North America
Zargon Oil & Gas announces the sale of the Hamilton Lake, Alberta property
Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million. Property Disposition Zargon has entered into an agreement to sell its petroleum and natural gas ...
North America
Lansdowne Oil & Gas - Celtic Sea farm-out announced
On 19 November 2014, Lansdowne (LOGP) announced it had entered into a farm-out agreement with Kinsale Energy, a subsidiary of Petronas, on licence SEL 4/07 offshore Ireland, which contains the 268bcf Midleton gas prospect. Kinsale will acquire an 80% WI in the licence a ...
West Europe
Irish Takeover Panel announcement regarding Petroceltic International plc
Petroceltic notes the announcement below made earlier today by the Irish Takeover Panel, setting a deadline of 5.00pm on 19 December 2014 for Dragon Oil Plc ("Dragon") to either announce an intention to make an offer for Petroceltic under Rule 2.5 of the Irish ...
West Europe
Shale gas provides largest share of U.S. natural gas production in 2013
Sources: U.S. Energy Information Administration, Form EIA-895, "Annual Quantity and Value of Natural Gas Production Report"; Form EIA-914, "Monthly Natural Gas Production Report"; the Bureau of Safety and Environmental Enforcement, and predecessor a ...
North America
Toro Oil & Gas announces strategic acquisitions of Alberta Viking assets
Toro Oil & Gas Ltd. (TSX VENTURE:TOO) announce that it has entered into a definitive purchase and sale agreement (the "Acquisition") to acquire high quality, low decline, light crude oil producing assets located in east central Alberta (the "Assets") ...
North America
Saipem's local company ERSAI awarded major new contract in the Caspian Region
Saipem, through its controlled company ERSAI Caspian Contractor LLC, has been awarded a major new Engineering & Construction contract in the Caspian Region. The contract awarded to ERSAI, in consortium with Daewoo Shipbuilding & Marine Engineering Co., is worth approxi ...
Russia FSU
Ikkuma Resources announces financial and operating results for the third quarter of 2014
Ikkuma Resources Corp. (TSXV: IKM) report its financial and operating results for the three and nine months ended September 30, 2014. Ikkuma's interim condensed financial statements and related management's discussion and analysis for three months and nine month ...
North America
3Legs Resources announces results of Extraordinary General Meeting and return of capital
At the Extraordinary General Meeting of 3Legs Resources plc held today, Resolutions number 1 and 2 contained in the Notice of Extraordinary General Meeting and put to the meeting were duly approved. All the resolutions were decided by way of a poll. Details of the votes ...
West Europe
An insight into Mexico's policy reforms
Why the change? Mexico is one of the top ten oil producers in the world and is a net exporting country that is not a part of OPEC. There has been concern regarding the country’s rapid decline in oil production. The 2014 BP statistical report gives a fair insight ...
North America
Quattro re-files interim financial statements, applies for Tier 1 status and issues stock options
Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) reports that it has filed on SEDAR, amended versions of its interim financial statements and quarterly management discussion and analysis for the periods ended June 30, 2012, September 30, 2012, March 31, 2013, J ...
North America
Gale Force receives escrowed funds from Texas Reef sale
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) announce that it has received payment of US$480,000 of the US$567,000 held in escrow following the sale of a majority working interest in the Company's Texas Reef Properties in Henderson and Anderson Counties, Tex ...
North America
North Sea oil and gas industry calls for tax reform from Chancellor
The urgent need for the Chancellor to provide a tax break for the North Sea oil and gas industry in next week's Autumn statement is demonstrated by a new report1 published today (Tues) showing a sharp decline in confidence in the sector. The findings, from the 21st ...
West Europe
Oceaneering announces vessel charter
Oceaneering International, Inc. (NYSE: OII) announced today that it has entered into a two-year charter for use of the Island Pride, a multi-service subsea support vessel owned by Island Offshore Shipping International AS. The vessel is expected to be available for work ...
North America
Indus Gas report its interim results for the six month period ending 30 September 2014
Indus Gas Limited (AIM:INDI.L) report its interim results for the six month period ending 30 September 2014. Consolidated reported adjusted revenues, operating profit and profit before tax for the interim period ending 30 September 2014 were US$ 17.48m (US$19.45 mn int ...
North America
Quantum Energy secures 4th Bakken site for Energy Centers
Quantum Energy, Inc. (OTC PINK: QEGY) announce signs two separate two year Option Agreements on a combined two hundred sixty five (265) acre site involving multiple landowners in the Berthold, North Dakota area in Ward County, North Dakota for the construction and opera ...
North America
EY adds its voice to calls for bold reforms to North Sea fiscal regime
Oil and gas specialists at professional services firm EY have urged the UK Government to use next week's Autumn Statement to usher in fiscal reforms that will assist in extending the lifespan of oil and gas exploration and production in the North Sea, echoing calls ...
West Europe
Chairman John Manzoni will step down from the Board of Leyshon Energy
Leyshon Energy (AIM:LEN) announces the following Board changes. Chairman John Manzoni will step down from the Board following his appointment as the first ever Chief Executive of the Civil Service of the British Government. Non-Executive Director Kim Howell will succe ...
West Europe
Oil price, Thalassa, Sundry-Antrim/Sound-Faroe. And finally...
Oil price Crude had a slightly weaker day yesterday as rumours inevitably swirled around the market place very much as expected. Also as expected, the talks between Iran and the P5+1 couldnt come to an agreement and will resume at the end of June 2015. At least that me ...
West Europe
Deep Casing Tools awarded Statoil frame agreement
Deep Casing Tools announce the signing of a frame agreement with Statoil Petroleum AS. The contract covers the supply of Deep Casing Tools' revolutionary drillable casing and liner reamer technology, including its high-speed, drillable reaming system, the Turbocase ...
West Europe

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