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Sigma Cubed Inc. selected by Paltar Petroleum for multi-year development and operations services across 8.9 million acres of Australian oil and gas companies

Sigma Cubed Inc. (SIGMA3) was selected by Paltar Petroleum Limited to deliver multi-year, onsite project management, engineering and operations services covering 8.9 million acres of oil and gas prospects in the Northern Territory and Western Australia. SIGMA3 ...

Clayton Williams Energy announces new President

Clayton Williams Energy, Inc. (NYSE:CWEI) today announced that Mel G. Riggs has succeeded Clayton W. Williams, Jr. as President of the Company, effective immediately. In his capacity as President, Mr. Riggs will be responsible for the general supervision, dire ...

Helix Energy Solutions enters new multi-year contract with Shell

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a new multi-year contract with Shell to provide well intervention services in the U.S. Gulf of Mexico utilizing Helix's Q4000. The Q4000 is a deepwater well intervention se ...

Ecopetrol announces new Board of Directors composition

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces the composition of its Board of Directors since March 26th, 2015: Representatives from the Government of Colombia: Minister of Finance and Public Credit (currently Mr. Mauricio Cardenas) Minister o ...

CNOOC Limited: exploration and development laid solid foundation lowering costs and enhancing efficiency program achieved outstanding results

CNOOC Limited (NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its 2014 annual results for the year ended December 31, 2014. In 2014, the Company achieved various breakthroughs in exploration and the reserve replacement ratio for the year was 112%. Benefitt ...

African Petroleum Corporation provides company update

African Petroleum, an independent oil and gas exploration company operating ten licences in five countries offshore West Africa, is pleased to provide the following update on its activities. Funding Update African Petroleum has successfully raised NOK 95,016 ...

Highly experienced oil and gas executive joins Jacka Resources

The Directors of Jacka Resources Limited (ASX:JKA) are pleased to announce the addition of Ken Charsinsky to the Company's Executive Team as an E&P advisor to the Board. Mr Charsinsky brings to the role more than 35 years of experience in all phases of upstre ...

Oil Basins Limited and Backreef Oil settle out of court

Oil Basins Limited (ASX:OBL) advises as a mater of record that the Oil Basins Limited vs Backreef Oil Pty Ltd Magistrates Court PER/GCLM/18204/2014 was formally settled out of court late yesterday. OBL will receive within 5 days the full amount as claimed in t ...

Chevron exits Nappamerri Trough Natural Gas project

Beach Energy Limited (ASX: BPT) has been advised by Chevron Exploration Australia 1 Pty Ltd that it will not participate in Stage 2 of the Nappamerri Trough Natural Gas project. Formal notification from Chevron is expected to follow shortly. Chevron informed B ...

With Expertise and a Little Luck, East West Petroleum Reels in Profits Despite Oil Price Plunge

Many oil companies have been devastated by the oil price debacle. East West Petroleum, on the other hand, is making money, pumping more oil and strengthening its cash balance. CEO David Sidoo tells The Energy Report how shrewd joint ventures and a firm commitm ...

Statoil commences installation of Polarled pipeline project

On 26 March, the Solitaire pipe-laying vessel started on the first stage of the Polarled installation project. The 482-kilometre long pipeline will transport gas from the Aasta Hansteen field in the Norwegian Sea to Nyhamna in western Norway. Statoil is opera ...

Chevron announces sale of interest in Caltex Australia

Chevron Corporation's (NYSE: CVX) wholly owned subsidiary Chevron Global Energy Inc. today announced that it has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Australia Limited (CAL). It is expected that these sh ...

Norwegian Petroleum Directorate grants Statoil drilling permit for 15/6-13

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-13, cf. Section 8 of the Resource Management Regulations. Well 15/6-13 S will be drilled from the Songa Trym drilling facility in position 58°36'55.51'' n ...

PA Resources files for corporate reorganisation

As mentioned in the year-end report published 26 February 2015, PA Resources AB has for the past few months been in discussions with its creditors regarding a capital restructuring to establish a long term financing plan for the Company. During the course of t ...
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