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Wednesday, May 27, 2015

MAST Security Update: Libya and Yemen

Libya A third ship has been attacked off the coast of Libya. The Anwaar Afriqya is a Libyan Flagged Product Tanker owned by the government in Tripoli. The vessel was loitering in the waters off Sirte, a port currently controlled by ISIS. The Tobruk based gov ...

Oil & Gas UK welcomes Energy Bill

Oil & Gas UK's chief executive, Deirdre Michie, commented: 'We welcome the inclusion of an Energy Bill as part of the 2015-2016 parliamentary legislative session announced at the State Opening of Parliament today (Wednesday 27 May). This Bill will formally es ...

Norwegian Petroleum Directorate grants Lundin Norway AS drilling permit for well 7220/11-3, PL609.

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/11-3, cf. Section 8 of the Resource Management Regulations. Well 7220/11-3 will be drilled from the Island Innovator drilling facility at position 72° 01' 12.6 ...

Under the proposed Clean Power Plan, natural gas, then renewables, gain generation share

Source: U.S. Energy Information Administration, Analysis of the Impacts of the Clean Power Plan EIA's recently released analysis of the Environmental Protection Agency's proposed Clean Power Plan rule shows it would result in major changes in the fuel mix use ...

Sunshine Oilsands announces appointment of non-executive director

The board of directors of Sunshine Oilsands Ltd. (HKEX: 2012, TSX: SUO) is pleased to announce that it has unanimously approved and appointed Mr. Kwok Ping Sun as a non-executive director of the Corporation with effect from May 27, 2015. There are no disagreem ...

Cuba: Figuring Out Pieces of the Puzzle

Cuba is an unusual country for quite a few reasons: The United States has had an embargo against Cuba since 1960, but there has recently been an announcement that the US will begin to normalize diplomatic relations. The leader of Cuba between 1959 and 2008 was ...

PetroNova announces first quarter 2015 results

PetroNova Inc. (TSX-V: PNA), a company engaged in the exploration and development of oil and natural gas resources in Colombia, today announced its operational and financial results for the three months ended March 31, 2015. Since January 1, 2015, the Company ...

International Western Petroleum acquires working interests in two multi-well productions of the Bend Arch region, Texas

International Western Petroleum, Inc. is pleased to announce that the Company has completed the acquisition of 39.5% of the working interests in the Bend Arch Lion 1A Joint Venture (the Pittard Bend Arch White property encompassing 160 acres) and 50% of the wo ...

Jericho Oil closes on newest Oklahoma acquisition

Jericho Oil Corporation (TSX-V: JCO; OTCQX: JROOF), a growth-oriented oil company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the U.S., has signed a purchase and sale agreement to acquire ...

Striker Exploration Corp. announces first quarter operating and financial results

Striker Exploration Corp. (TSX VENTURE:SKX) announces operating and financial results for the three month period ended March 31, 2015. First quarter 2015 highlights The first quarter of 2015 is the initial reporting period demonstrating consolidated results ...

PetroMaroc Corporation publishes first quarter 2015 results

In the first quarter of 2015, PetroMaroc Corporation plc (TSX VENTURE:PMA) continued to evaluate a series of strategic and financial alternatives, as previously announced. Highlights Financial: Cash position as at March 31, 2015, of US$0.7 million (US$1.4 mi ...

Jura Energy Corporation announces well test reaults of Reti-2

Jura Energy Corporation (TSX:JEC) announces the post stimulation testing results of development well Reti-2, in the Reti lease, earlier completed in the Pirkoh Limestone Formation of Eocene age. During a short duration test on 48/64 inch choke, the well flowe ...

Five reasons to invest in post-sanctions Iran's oil and gas sector

Iran is home to the world's fourth and second largest proven reserves of oil and gas respectively. Sanctions have kept the country's 158 billion barrels of oil and 33.8 trillion cubic metres of natural gas largely off limits for foreign investors for much of ...

Pacific Energy Development announces acquisition agreement with Dome Energy

PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE MKT: PED) today announced the entry into an Agreement and Plan of Reorganization with Dome Energy AB (OMX: DOME) whereby the Company will acquire all the US oil and gas assets of Dome. This transformational ...
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