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Thursday, April 17, 2014

Gulf Keystone Petroleum announces settlement of US$250 million debt financing
Gulf Keystone announce the settlement and closing of its successful debt offering of US$250 million in three-year senior unsecured notes due April 2017, which have been privately placed in accordance with Reg S/144A with institutional investors in Europe, the US and Asi ...
North America | Thursday, April 17, 2014
GDF Suez loses legal case on 1 billion euros in Belgian nuclear tax
French utility GDF Suez's Belgian subsidiary said a Brussels court had ruled in favour of the government in a case over about 1 billion euros ($1.4 billion) in taxes levied on its profits from generating nuclear power. Belgium imposed a nuclear tax on GDF subsidiar ...
West Europe | Thursday, April 17, 2014
Magellan teceives post-completion payment for sale of onshore Australia assets
Magellan Petroleum Corporation (NASDAQ: MPET) announced that on April 15, 2014, it received the final AUD $5 million payment contemplated by the Share Sale and Purchase Deed (the "Sale Deed") entered into with Central Petroleum Limited ("Central") (A ...
Australasia | Thursday, April 17, 2014
Schlumberger announces first-quarter 2014 results
Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.57 billion in the first quarter of 2013. Income from continuing operations attributable t ...
North America | Thursday, April 17, 2014
Noble Corporation plc reports first quarter 2014 results
Noble Corporation plc (NYSE: NE) reported first quarter 2014 net income of $256 million, or $0.99 per diluted share, compared to $174 million, or $0.68 per diluted share, for the fourth quarter 2013. Results for the fourth quarter of 2013 included an after-tax charge of ...
North America | Thursday, April 17, 2014
Great East Energy Inc. reports FY2013 financial results
Great East Energy, Inc. (OTCQB: GASE) which controls over 160 square miles of producing clean energy holdings through two local operating companies, announced its full year 2013 financial results for the period ended December 31, 2013. Full Year 2013 Financial Highligh ...
North America | Thursday, April 17, 2014
Endeavour announces settlement of SM Energy litigation
Endeavour International Corporation (NYSE: END) (LSE: ENDV) announced that a settlement has been reached with SM Energy regarding litigation filed against Endeavour Operating Corporation in December 2011. In July 2011, Endeavour entered into agreements with SM Energy f ...
North America | Thursday, April 17, 2014
Sale of two Rennerfeldt wells completed netting Samson Oil & Gas $200,000
NORTH STOCKYARD PROJECT, WILLIAMS COUNTY, NORTH DAKOTA As previously advised the sale of the Rennerfelt #1-13H and Rennerfelt #2-13H wells has been completed providing capital to participate in the more profitable Matilda Bay wells. The infill development plan for Nor ...
North America | Thursday, April 17, 2014
Nighthawk Energy announces new Mississippian oil discovery at Snow King 13-33 well
Nighthawk, the US focused oil development and production company (AIM: HAWK and OTCQX: NHEGY), announces an update on drilling and production at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado. Snow King 13 ...
North America | Thursday, April 17, 2014

Wednesday, April 16, 2014

Corlena Oil Company II, LLC to sell horizontal Texas Panhandle properties
Corlena Oil Company II, LLC has retained E-Spectrum Advisors LLC to sell their properties targeting the Cleveland, Granite Wash, and Douglas play in Hemphill and Ochiltree Counties, Texas. The properties are 100% operated and include nine producing wells, eight of which ...
North America | Wednesday, April 16, 2014
Three European firms win Angola deepwater deals worth $7.5 billion
Three European companies have won contracts for almost half the value of Angola's $16 billion ultra-deepwater Kaombo oil project, confirming a trend toward bigger scale and risk for the deep-sea contracting and construction sector. Saipem of Italy announced a $4 bi ...
Africa | Wednesday, April 16, 2014
Swordfish Financial, Inc. commits to invest in a series of oil producing wells
Swordfish Financial, Inc. (OTC QB: SWRF) -- As announced in February, our new structure has provided SWRF with the ability to identify and structure well planned investments in new verticals. We have the ability to increase our portfolio and thereby increase the valuati ...
North America | Wednesday, April 16, 2014
Armada Oil, Inc. announces closing of acquisition of Kansas assets
Armada Oil, Inc. (OTCBB:AOIL) announced that, as a part of its asset reallocation strategy, the Company recently completed the acquisition of 100% working interest in six producing oil and gas leases covering approximately 1,040 acres in the Vernon Field in Woodson Coun ...
North America | Wednesday, April 16, 2014
Stratex Oil & Gas enters into joint development agreement to exploit significant San Miguel Oil Resource in Zavala County, Texas
Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) announced that it has entered into a Joint Development Agreement ("JDA"), dated as of April 11, 2014, by and among the Company, Quadrant Resources LLC, ("Quadrant"), and Eagleford Energy, Zavala Inc. (& ...
North America | Wednesday, April 16, 2014
Oxford Resource Partners, LP announces sale of Illinois Basin assets
Oxford Resource Partners, LP (NYSE: OXF) announced today that it has sold additional Illinois Basin assets. Cash proceeds from the sale totaled $2 million, thereby enhancing the Partnership's liquidity. This action is consistent with the Partnership's strategy t ...
North America | Wednesday, April 16, 2014
INA urges Croatia's government to halt forced gas sale
Croatian oil and gas firm INA urged the government on Wednesday to halt a forced sale of its gas reserves from the country's storage facility, saying it would cause big losses and put jobs at risk. Croatia in February named state-owned power board HEP to replace IN ...
East Europe | Wednesday, April 16, 2014