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Energy Transformation in U.S. Just Beginning, Says John Kingston, McGraw Hill Financial Institute President

John Kingston, President of the McGraw Hill Financial Institute, will be testifying before the U.S. House of Representatives Energy and Commerce Committee and Energy and Power Subcommittee today. The hearing, entitled '21st Century Energy Markets: How the Chan ...

Miller Energy produces from two new gas wells

Miller Energy Resources, Inc. (NYSE: MILL) announced that it has successfully drilled and completed the Company's first two new gas wells at its North Fork Unit and brought both onto production. Both new wells are online and in the clean-up process and are co ...

Oil production in federal Gulf of Mexico expected to continue increasing

Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016. EIA projects GOM production to reach 1.52 million barrels per d ...

Lord Browne appointed head of DEA's Supervisory Board

After the acquisition by LetterOne, the Hamburg based upstream company RWE Dea has a new owner, a new supervisory board and gets a new name. LetterOne is a privately owned Luxembourg-based global investment vehicle focused on utilizing its financial resources, ...

PetroShare announces acquisition of acreage in the Wattenberg Field

PetroShare Corp. announced today that under its strategic land and leasing services agreement with Kingdom Resources, LLC, it has accepted an assignment of approximately 309 net acres covering all depths in parts of Township 1 South, Range 67 West, Adams Count ...

Epsilon Energy update on reserves and operations

Epsilon Energy Ltd. (TSX:EPS) is pleased to provide the results of its December 31, 2014 independent reserve appraisal report, EBITDA forecast for 2014 as well as a capital budget forecast for 2015. Additionally, a new corporate presentation and a technical pa ...

Why Value per Barrel is Such a Lousy Metric

Value per barrel is a completely hopeless way of putting a price on an oil company or project; but (as with democracy and political systems) unless you have all the detailed facts, numbers and sophisticated tax models it is still the best tool most investors h ...

Providence Resources provide a technical update on its Lower Cretaceous Drombeg exploration prospect

TECHNICAL UPDATE DROMBEG PROSPECT SOUTHERN PORCUPINE BASIN, OFFSHORE IRELAND Providence Resources P.l.c., ('Providence') the Irish oil and gas exploration and appraisal company, whose shares are quoted in London (AIM) and Dublin (ESM), is pleased to provide a ...

Technip awarded major contract to supply high technological flexible pipes for Lula Alto pre-salt field

Technip was awarded a major(1) contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65%), BG (25%) and Galp (10%), for the ongoing development of the Lula Alto field, located in the Santos Basin pre-salt area, Brazil. This contract c ...

JSC KazMunaiGas exploration and production results

2014 Financial Results JSC KazMunaiGas Exploration Production ('KMG EP' or 'the Company') announces its consolidated financial statements for the year ended 31 December 2014. Revenue in 2014 was 846bn Tenge (US$4,722m), a 4% increase compared with 2013, mainl ...

Independent Resources plc trading update and appointment of joint broker

Update on Ksar Hadada Management continue to progress farm out discussions in relation to the Group's working interest in the Ksar Hadada licence onshore Tunisia. The opportunity is being marketed by Envoi and a number of third parties have expressed interest ...

Madagascar Oil operational and development planning update

Madagascar Oil is pleased to provide an update on the Group's operations and on its latest development planning activities. Highlights As at 28 February 2015, cumulative oil production from Block 3104 had reached 173,351 barrels from a cumulative steam inject ...

Rockhopper Exploration's drilling unit Eirik Raude has arrived in the North Falkland Basin

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean region, and Falkland Oil and Gas Limited (AIM: FOGL), the oil and gas exploration company focused ...

Europa Oil & Gas free flows Oil & Gas at Wressle-1 Well

Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, is pleased to note today's announcement from Egdon Resources ('Egdon') confirming gas production rates of up to 1.7 million cu ...
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