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INPEX acquires participating interest in ADCO onshore concession

INPEX Corporation announced today that it has acquired a 5% participating interest in the ADCO Onshore Concession in Abu Dhabi. The acquisition is based on a 40-year agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi Nat ...

The significance of the physical and the benefits of oil barrels: Petrodollars

Ned Molloy explains the benefits of having ownership of physical barrels — and how companies that do so are still competing in trading with those armed only with information — in this week's Oilgram News column, Petrodollars. In the crude oil trad ...

West Texas Resources appoints new director to the board

West Texas Resources, Inc. (OTC PINK: WTXR), a Texas-based independent oil and gas company, today announced the appointment of Paul Brogan to its board of directors. Mr. Brogan has over 30 years of experience in the oil and gas industry. From 1999 to 2010, Mr. ...

Falcon Crest Energy searches for opportunities outside oil and gas sector

Falcon Crest Energy, Inc. (OTC: FCEN), a development stage oil and gas exploration and production company, today affirms the desire to look into diversification of its business strategy. 'With oil and gas prices as low as they have been in the past six months ...

Rockdale Resources signs LOI to acquire working interest in a historical Oklahoma oil field

Rockdale Resources Corporation (OTCQB: BBLSE), announces the signing of a Letter of Intent with Houston based SUDS Properties, LLC, whereby Rockdale will acquire up to a 50% undivided Working Interest in the historic 2,600 acre Slick Unit Dutcher Sands field, ...

Abilene Oil and Gas announces next stage of drilling has begun at CKU Project

Abilene Oil and Gas Limited is pleased to announce that the next stage of drilling at the Central Kansas Uplift Project has commenced as advised by the joint venture operator CMX Inc. CKU Project: Ames-Robl #1-19 well CMX has advised that the rig has moved t ...

Cooper Energy announces successful start of Bunian-3 testing

Cooper Energy Limited (ASX:COE) reports that the testing of the Bunian-3ST2 development well foreshadowed in the Update dated 21 April has begun successfully with oil flows from the primary target TRM3 sand. Following an initial cleanup period, the TRM3 sand ...

Carbon Energy provides business development update

Carbon Energy (ASX: CNX, OTCQX: CNXAY) is pleased to provide this business development update in response to the increasing volume of queries received from shareholders and other interested parties regarding the Queensland Government review process and other i ...

Cooper Energy commences 3 well Cooper Basin drilling campaign

Cooper Energy Limited (ASX: COE) announces the commencement of a three well drilling campaign in PPL 220 and PRL 98 on the western flank of the Cooper Basin, with the spudding of Callawonga-10 on 25 April 2015 at 10:30 hours. At 06:00 hours today, the well was ...

KBC appoints new Chief Financial Officer

KBC Advanced Technologies plc is pleased to announce that Mr Eric Dodd is to be appointed as Chief Financial Officer of the KBC Group. Eric will join KBC on 1 May 2015 and will take over from the Interim Chief Financial Officer, Andrew Hebb, who will assist wi ...

Baron Oil resumes oil production from Nancy #1 well, Colombia

The Company advises that further to its announcement of 7 April 2015, oil production has now resumed from the Nancy#1 well in the Nancy Burdine Maxine field, Colombia. Production is gradually increasing up to the expected level of 400 bbls of oil per day. Mai ...

Nostra Terra Oil & Gas begins expansion in South Texas with acquisition of 1% working interest in 20,000 acre prospect

Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a growing portfolio of assets in the USA, is pleased to announce the acquisition of a 1% working interest in a 20,000 acre prospect in South Texas. Highlights: Initial well alrea ...

Petroceltic announces award of rig contract for the Ain Tsila project to SINOPEC

Petroceltic International plc (AIM: PCI), the oil and gas exploration, development and production company focused on the Middle East, North Africa and the Mediterranean region, is pleased to announce the award of a contract for the provision of a drilling rig ...

International Tribunal rejects Côte d'Ivoire's request that Ghana suspends exploration in disputed zone, announces Tullow Oil

The Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg has rejected Côte d'Ivoire's request that Ghana be ordered to suspend all oil exploration and exploitation in the disputed zone including the TEN Project. ITLOS or ...
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