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Forent Energy announce operational update
Forent Energy Ltd. (TSX VENTURE:FEN) is pleased to provide an operational update and to announce that it has filed its Interim Financial Statements and MD&A for the three and nine months ended September 30, 2014, on SEDAR and its website. Q3 2014 HIGHLIGHTS Third quar ...
North America
Junex strikes oil in its Galt No. 4 horizontal well
Junex Inc. (TSX VENTURE:JNX) is very pleased to announce an oil discovery in its Galt No. 4 Horizontal Well that it drilled using its wholly-owned Foragaz No. 4 drilling rig. Having finished drilling on November 20th, this is the first horizontal oil exploration well ev ...
North America
Tower Resources announces lifting of injunction for Taipan Resources
Tower Resources plc (TRP.L, TRP LN), the AIM-listed Africa-focussed oil and gas exploration company, notes the update announced today by the Operator, Taipan Resources Inc. ("Taipan") (TSX-V: TPN)), regarding the lifting of the temporary injunction issued with ...
Africa
OPEC decision scenarios and oil market realities
The response from OPEC today is about more than stemming a decline in oil prices. It's about OPEC's role as the stabilizing factor in the oil market and future relevance as an organization. Surging US shale oil supply and weak global demand prospects will cause ...
West Europe
LGO agree to acquire BOLT deep rights
LGO today announces the signing of a further agreement with Beach Oilfield Limited ("BOLT") concerning the acquisition of BOLT's deep petroleum rights in the Cedros Peninsula ("Deep Rights"). The total consideration remains as previously announce ...
South America
Oil price, Opec the only game in town, And finally...
Oil price The oil price is in the wrong place that's for sure as if the rumours from pre-Opec yesterday are to be believed then there will be no agreement and the Saudis will defend market share. Stories that the Gulf states of Saudi, Kuwait, Qatar and the UAE prop ...
North America
Linc Energy finds oil shows in its 1st exploration well in the 103 billion barrel Arckaringa Basin
Linc Energy Ltd (SGX:TI6) (OTCQX: LNCGY) is pleased to announce hydrocarbon shows have been detected in the Stuart Range Formation at the Pata 1 exploration well, the first of three wells in this year's exploration program in the Arckaringa Basin. The Stuart Range ...
Australasia
Northern Spirit Resources announces operations update and filing of third quarter 2014 financial statements and management's discussion and analysis
Northern Spirit Resources Inc. (TSX VENTURE:NS) is pleased to report that all 5 (3.8 net) of the horizontal wells drilled by the Company in 2014 have been completed, equipped and commenced production in September 2014. The wells were drilled in East Central Alberta in t ...
North America
Fitch: Gas supply near 5y avg but less shale drilling a concern
Natural gas storage has largely recovered from the inventory depletions that followed last year's polar vortex winter despite the recent burst of cold weather in the US and related drawdown in gas inventories (-17 billion cubic feet (BCF)), according to Fitch Rating ...
North America
Edge Resources Inc. Announces Half Year Results
Edge Resources Inc. is pleased to report its operating and financial results, for the second quarter and half year ended September 30, 2014 ("Q2 2015" and "H1 2015"). Detailed operating and financial results are presented in Edge's unaudited fin ...
North America
Tethys Petroleum announce new Executive Chairman
Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) is pleased to announce that the Board of Directors of the Company (the "Board") has unanimously resolved to appoint John Bell as the new Executive Chairman of the Company, with effect from 26 November 2014. Followin ...
North America
Falcon Oil & Gas Operational Update
Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) announces that it has filed its results for the three and nine months ended 30 September 2014 and provides the following operational update for its operations in Australia, South Africa and Hungary. The following ...
Australasia
Rose Petroleum Drilling contractor agreement signed
Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce that its wholly owned subsidiary, Rose Petroleum (Utah) LLC, has signed a drilling rig contract with Beeman Drilling Services Inc., located out of Moab, Utah. The rig wi ...
North America
Savannah Petroleum commence FTG survey in Niger
Savannah Petroleum, the Niger focused oil and gas company, is pleased to announce that its airborne Full Tensor Gradiometry (FTG) survey on the R1/R2 license area will commence today. The commencement of the survey was marked by ceremony at Niamey Airport on Friday 21 ...
Africa
Hardy Oil and Gas Interim Results
Hardy Oil and Gas plc (LSE: HDY), the oil and gas exploration and production company focused in India, reports its results for the six months ended 30 September 2014. All financial amounts are stated in US dollars unless otherwise indicated. Summary PY-3 -The GOI Pet ...
Asia Far East
Canadian Overseas Petroleum update their Liberia situation
Canadian Overseas Petroleum Limited (XOP: TSX-V) & (COPL: LSE); along with its partner, ExxonMobil, remain committed to completing their work program and obligations under the LB 13 amended and restated Production Sharing Contract ("PSC") dated March 31, 2013 ...
Africa

Wednesday, November 26, 2014

Woodside Petroleum enters into contract for Reconnaissance Licence in morocco
Woodside Petroleum advises that it has entered into a contract for an exclusive Reconnaissance Licence (RL) with the Office National des Hydrocarbures et des Mines, the National Oil Company of the Kingdom of Morocco, to explore a block offshore Morocco. The block, know ...
North Africa
Golar LNG announces interim results for the period ended September 30, 2014
Highlights Key agreements executed to convert the 125,000 m3 LNG carrier Hilli to a floating liquefaction vessel. Hilli conversion activities commenced at Black & Veatch offices in US and at the Keppel Yard in Singapore. Sold a 10% stake in the entity that owns the ...
West Europe
Bellatrix announces lender approval of increase to its credit facilities
Bellatrix Exploration Ltd. (TSX, NYSE: BXE) announces that its syndicate of lenders, led by National Bank Financial as Sole Lead Arranger and Book Runner and National Bank of Canada as Administrative Agent, has approved, subject to completion of final documentation, an ...
North America
Madalena announces third quarter 2014 financial and operating results
Madalena Energy Inc. (TSXV: MVN and US: OTC: MDLNF) announce its third quarter 2014 financial and operating results. The third quarter was highlighted by the results of the accretive acquisition made by Madalena in late June 2014. The information below should be read in ...
North America

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