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UK political party Labour announces plans to ban fracking if they can win the next general election

The Conservative government's plans to go 'all out for shale gas' could come to a sharp end if Labour are able to take control in the next UK general election. The current government has been keen to drum up support for shale gas, with promises of job creatio ...

RAK Petroleum completes of four-year development campaign in Côte d'Ivoire

RAK Petroleum plc, the Oslo-listed oil and gas investment company, announced today the completion of a four-year, $850 million field development programme by operator Foxtrot International LDC in Block CI-27 offshore Côte d'Ivoire. Two new gas fields, Ma ...

Petrofac completes successful well decommissioning contract for Tullow Oil

Petrofac's differentiated approach to decommissioning, in support of Tullow Oil's well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved US$2.5 million compared to traditional approaches. Well engin ...

Condor Petroleum commences commercial oil production at Shoba oilfield

Condor Petroleum Inc. (TSX: CPI) is pleased to announce that the Company has commenced commercial oil production at the Shoba oilfield in Kazakhstan on September 18, 2016. Current stabilized production is exceeding 500 barrels per day as forecast and oil sales ...

Divergent Energy Services provides operations update

DIVERGENT Energy Services Corp. ('Divergent' or the 'Corporation') (TSX VENTURE:DVG) is pleased to provide the following operations update. Linear Pump Update As outlined in the August 24, 2016 press release, the Corporation has continued to implement a numb ...

Petrolia commences drilling lateral section of Bourque No 1

Pétrolia Inc. (TSX VENTURE:PEA) is pleased to announce that the work that will enable the drilling of the lateral section of Bourque No 1 began on September 25th. This lateral section will be drilled from a 1 230 metres window to 1 700 metres, that is u ...

Junex applies for new production lease on Galt Oil Property

Junex Inc. (TSX VENTURE:JNX) is pleased to announce that it has made an application to the Quebec government for a 20 km2 (7.7 mi2 or 4,942 acres) Petroleum and Natural Gas Production Lease on its Galt Oil Property on the Gaspé Peninsula in Eastern Queb ...

Oil price, Victoria Oil & Gas, Lamprell, Velocys, Egdon/EOG/Union Jack. And finally...

Oil price The 'Opec' meeting scheduled for Wednesday and looked forward to by so many bystanders looks like being a farce but don't say you weren't warned. When the Opec President called for this meeting back on August 9th, swiftly followed by the Opec machin ...

Manitok Energy achieves highest production rate in last two years

Manitok Energy Inc. (TSX VENTURE:MEI) announces an update on corporate production rates. Based on field estimates, Manitok's production averaged approximately 4,825 boe/d from September 1, 2016 to September 19, 2016, with approximately 40% being light oil and ...

Krewe Energy acquires Coquille Bay Field

Krewe Energy, LLC, a privately held independent oil and gas exploration and production company based in Covington, Louisiana, announced today that it recently completed the acquisition of 100% of a Private Owner's interest in and Operatorship of the Coquille B ...

InfraStrata and Baron Oil revise Islandmagee option

InfraStrata plc (AIM:INFA), announces that it has agreed to a modification of the option held by Baron Oil Plc ('Baron') to acquire equity in Islandmagee Storage Limited ('IMSL'), the gas storage development company owned 90% by the Company. On 19 August 2016 ...

Winchester Energy spuds White Hat 38#2 well

Winchester Energy Limited will participate with a 50% working interest (WI) in a new well (White Hat 38#2) on the White Hat ranch oil lease. White Hat 38#2 was spud yesterday and becomes the seventh vertical well on the White Hat ranch oil lease. The White Ha ...

Noble Energy executes Leviathan gas sales contract with the National Electric Power Company of Jordan

Noble Energy, Inc. (NYSE: NBL) today announced the execution of a gas sales and purchase agreement (GSPA) to supply natural gas from the Leviathan field to the National Electric Power Company Ltd. (NEPCO) of Jordan for consumption in power production facilitie ...

What's the SCOOP on the STACK?

There are more than just earthquakes buzzing in Oklahoma. The South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher counties (SCOOP and STACK) are becoming some of the most highly sought after shale assets in North America ...
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