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The US sanctions against Russia now indirectly effect Norway

The shareholders of Seadrill are suing the company because of 'Rosneft' deal failure. Norway's Seadrill, which failed to close the deal with 'Rosneft' worth $ 4 billion because of sanctions, now faces court claims by its own shareholders. They challenged the ...

Oil price, IOG, Sefton, Sundry roundup of week. And finally...

Oil price Wow, that was one hell of a week whichever way you look at it. The oil price has picked up from the bottom in no mean fashion, yesterdays rise was the biggest one day rally in six years and WTI will likely be up on the week for the first time in 11. ...

It's Murphy's Law for Canadian Oil Producers

Murphy's Law Is Alive And Well In The Canadian Energy Patch Despite oil being up today, it's ugly for E&P companies across the globe. But I think Canadian producers have been hit with Murphy's Law worse than anyone. After a decent Q2-because of the low Canad ...

Ironhorse Oil and Gas announces second quarter 2015 financial and operating results

Ironhorse Oil & Gas Inc. (TSX-V: IOG) announces its financial and operating results for the three and six months ended June 30, 2015. Financial and Operation Summary The Company's reported production has increased 213% to 254 boe/d in the second quarter of 2 ...

Sea Dragon Energy announces second quarter 2015 financial and operating results

Sea Dragon Energy Inc. (TSXV: SDX) announces its 2015 second Quarter Financial and Operating Results. Operational Performance Production Total gross production for the quarter averaged 8,699 boepd (869 boepd net); of which oil was 7,253 boepd (725 boepd net) ...

Carnarvon Petroleum - Upcoming catalysts

Carnarvon is exclusively focused on the prolific North West Shelf of Australia. The region is home to some globally significant projects and since 2009 Carnarvon has worked exploration acreage offshore Western Australia, securing and working on four exploratio ...

Petrogrand provides Interim Report from January-June 2015

Second quarter of 2015 Acquisition of 49% interest in Ripiano Holdings Ltd, with 3 producing oil fields in Komi in Russia. During the second quarter, the Group had no operating income (-). The operating result for the second quarter amounted to TSEK -7 433 (-1 ...

OEG Offshore merges with leading Gulf Coast oilfield equipment provider

OEG Offshore, a leading global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry announces the merger of its US business with leading Louisiana based oilfield equipment provider Cameron Rental and Tank Inc (CRT). The multi-mi ...

Cooper Energy - Balanced portfolio; clear strategy

Cooper Energy has production of c 1,300b/d from projects in the Cooper Basin and Indonesia. It holds gas resources in the Gippsland Basin, as well as exploration acreage in the Cooper, Otway and Gippsland basins in Australia and South Sumatra in Indonesia. The ...

Rooster Energy announces second quarter 2015 financial and operating results

Rooster Energy Ltd. (TSX VENTURE:COQ) announces it has filed its interim financial statements and management discussion and analysis (MD&A) for the second quarter ended June 30, 2015. Highlights: Q2 2015 Production Averaged 3,122 Boepd, Up 26% From Year-Ago L ...

Canadian Spirit Resources announces second quarter 2015 financial results

Canadian Spirit Resources Inc. (TSX VENTURE:SPI)(OTCBB:CSPUF) announces the release of its interim financial results for the three and six month periods ended June 30, 2015. ...

Independent Oil and Gas provides update on Skipper licence

Independent Oil and Gas plc, (AIM: IOG.L), the North Sea focused oil and gas company, provides an update on its drilling plans on the Skipper licence and a funding update. Highlights: The Company is pursuing a contractor led funding approach to drill the Skip ...

Ikon Science extends the scope of its JV with PetroTrace Global to combine its Quantitative Interpretation workflows with advanced seismic data conditioning capabilities

Building on the existing Joint Venture linking the two companies, IkonScience announces today the availability of seismic data processing workflows using a new High Performance Computing (HPC) cluster in its UK office. This adds a wide array of pre-stack veloc ...

Thursday, August 27, 2015

Mart Resources terminates takeover by Midwestern Oil & Gas

Mart Resources, Inc. (TSX:MMT) announces that, further to its press releases of June 15, 2015, July 16, 2015, July 27, 2015 and August 18, 2015, under the terms of the Arrangement Agreement (as amended), Midwestern Oil and Gas Company Limited had until August ...
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