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Rosneft Brasil and PetroRio receive ANP approval for the Solimoes Project transaction

Rosneft Brasil and PetroRio received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil transaction to acquire additional 55% in the Solimoes project. Under the agreement the final completion date of the ...

Brazil - In Deep Trouble

Petrobras has long been a pioneer in the adoption and deployment of deepwater technology. This has enabled them to build huge reserves of some 16 billion barrels of oil. Converting these reserves to production, however, is another matter and Petrobras has a hi ...

Sterling Resources announces Breagh operations and financial update

Sterling Resources Ltd. (TSX-V: SLG) announces an update to Breagh operations and a financial update. Unless otherwise noted all dollar figures contained in this release are denominated in U.S. dollars. Breagh Operations and Capital Expenditure Production at ...

Northern Blizzard Resources provides financial and operational updates

Northern Blizzard Resources Inc. (TSX: NBZ) announces the followiing updates: Production for the second quarter of 2015 was approximately 21,600 boe/d as compared to 22,469 boe/d in the first quarter of the year. Production for the first half of 2015 was appro ...


LGX Oil + Gas Inc. announces operations and corporate updates

LGX Oil + Gas Inc. (TSXV: OIL) is pleased to provide an update of the Banff completion results from the 6-36-8-24 W4M well and various corporate developments. As previously announced, the Banff Formation was completed with a 6 m perforated interval in the bui ...

LINN Energy sells remaining Wolfcamp acreage for $281 million

LINN Energy, LLC (NASDAQ:LINE) and LinnCo, LLC (NASDAQ:LNCO) announced today that LINN has signed a definitive agreement to sell its remaining position in Howard County in the Permian Basin for a contract price of $281 million. The transaction is expected to c ...

Oil price, Ophir,Velocys, EOG, Sundry-Plexus-Dragon-Genel-Sound-Alkane- And finally...

Oil price With the US closed on Friday the prices above are the opening ones from London this morning, markets are naturally cautious and have continued the fall from the end of the week. WTI fell 6.91% and Brent was down 4.65% on the week, a number that migh ...

Kicking Horse Energy announces acquisition of Kakwa acreage

Kicking Horse Energy Inc. (TSX VENTURE: KCK) is pleased to announce that it has acquired nine 100% working interest sections of Montney rights in the Kakwa area of Alberta. The New Acreage is located immediately offsetting the Company's West Kakwa acreage and ...

ACL International announces purchase of additional Northern Sumatra oil and gas assets

ACL International Ltd. (TSX VENTURE:ACL) announces that it has acquired a 38.25% working interest in a Production Sharing Contract for a block referred to as 'South Block A' located onshore, North Sumatra, Indonesia, from Peak Oil & Gas (Australia) Pty Ltd. fo ...

Eureka Hunter announces new record throughput volumes of ~700,000 MMBtu per day

Eureka Hunter Pipeline, LLC, a company in which Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) owns a substantial equity interest, announced today that throughput volumes on Eureka Hunter's gas gathe ...

Rockefeller Hughes provides update on Pryor #1H and Vann #4 ST wells

Rockefeller Hughes Corporation (TSX VENTURE:RHC) is pleased to provide an Operational Update on its Pryor #1H and Vann #4 ST Wells. Pryor #1H - Robertson County, Texas The Pryor #1H well is located in the Company's former 'Halo Prospect' for which the acreag ...

Lab rats and the corruption of how we count

There's an old joke about lab rats in which the teller says he or she secretly suspects that all lab rats are prone to cancer and so all research about the risk of cancer in humans based on tests in rats is likely useless. The Committee for Independent Resear ...

Repsol starts production at giant Perla gas field, Venezuela

Repsol has started up the first producing well at the giant Perla field, the largest gas discovery in the company's history and the largest offshore gas field in Latin America, holding 17 trillion cubic feet (Tcf) of gas in place. Perla is located in the Card ...

Husky Energy provides Sunrise Energy Project production update

Husky Energy (TSX: HSE) is continuing to ramp up production at the Sunrise Energy Project in northeast Alberta. Sunrise began producing bitumen in mid-March 2015. Twenty-five well pairs are now on production, with steaming under way on 43 of 55 well pairs. St ...
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