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Madagascar Oil announces Board changes
Madagascar Oil (AIM:MOIL) today announces the following Board changes, all of which are taking place with immediate effect. Mr Teck Soon Kong, a Non-Executive Director of the Company and nominated representative of Benchmark Advantage Fund Ltd and BMK Resources Limit ...
West Europe | Wednesday, October 22, 2014
Petro One Energy receives email from KMDC
Petro One Energy Corp. (TSX VENTURE:POP)(FRANKFURT:C6K1) reported on October 8, 2014 that it had closed a private placement of $3,260,842.75 on October 7, 2014 and that it had received confirmation from Korea Myanmar Development Company Ltd. ("KMDC") that that ...
North America | Wednesday, October 22, 2014
Oil price, Nabors, Shell, Amerisur, Nostra Terra, Sundry and finally...
Oil price Whisper it very quietly... but we might just have seen the bottom for the oil price, at least for the time being. Now this is no cause for breaking out the champagne nor does it signify a meaningful rally but there are a couple of small signs that the major p ...
West Europe | Wednesday, October 22, 2014
3Legs Resources: Admission of ordinary shares to trading on AIM
3Legs Resources plc announces that it has applied for 215,884 ordinary shares of 0.025 pence each ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The Ordinary Shares have been issued following the exercise of share options at an e ...
West Europe | Wednesday, October 22, 2014
Why it's different this time
Is this downturn in oil prices going to be different for investors? I think it might. In fact, I think North American energy companies have a good chance of withstanding this downfall in prices than any other downturn of the last 40 years. You wouldn’t know it by ...
North America | Wednesday, October 22, 2014
Donnycreek Energy Inc. to merge with Contact Exploration Inc.
Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX-V: DCK) reports that it has entered into an arm's length definitive arrangement agreement (the "Arrangement Agreement") with Contact Exploration Inc. ("Contact") wher ...
North America | Wednesday, October 22, 2014
Australia's Empire eyes domestic barite mining opportunity for Africa's largest oil producer
Australian gold and copper explorer, Empire Resources Limited, (ASX: 'ERL') has announced the company is entering a joint venture opportunity in Africa to focus on one of the principal ingredients used in that country's large offshore petroleum industry. Th ...
Africa | Wednesday, October 22, 2014
Nabors announces third quarter 2014 results
Nabors Industries Ltd. (NYSE: NBR) reported third-quarter 2014 operating revenues and earnings from unconsolidated affiliates of $1.81 billion, compared to $1.62 billion in the second quarter of 2014 and $1.55 billion in the same quarter of the prior year. Third-quarte ...
North America | Wednesday, October 22, 2014
ShaMaran announces Q3 2014 financial and operating results
ShaMaran Petroleum Corp. (TSX VENTURE:SNM) (OMX:SNM) announce its financial and operating results for the three and nine months ended September 30, 2014. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousa ...
North America | Wednesday, October 22, 2014
Canacol Energy announces cash settlement and cancellation of warrants
Canacol Energy Ltd. (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) announce the settlement of 2,697,292 outstanding phantom warrants for US$ 3.5 million, paid in cash. The phantom warrants arose in late 2012 in connection with a past financing transaction with respect to the acquisit ...
North America | Wednesday, October 22, 2014
Gazprom approves adjusted Investment Program, Budget and Cost Reduction Program for 2014
The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014. According to the adjusted Investment Program for 2014, the total amount of investments will make up RUB 1 trillion 026.1 ...
Russia FSU | Wednesday, October 22, 2014
Thalassa provides a statement regarding the relocation of UK operations
Thalassa is making a statement following the recent inaccurate press coverage (the "Coverage") made without recourse to the Company or its advisers regarding the lease entered into by the Company with Eastleigh Court Limited ("ECL") for 10,000 sq ft ...
West Europe | Wednesday, October 22, 2014

Tuesday, October 21, 2014

Jericho Oil completes $4.23 million strategic financing with existing shareholders
Jericho Oil Corporation (TSX-V: JCO, Frankfurt: JLM) announce that it has closed its non-brokered private placement financing previously announced on October 9, 2014 by issuing 8,461,036 units (the "Units") at $0.50 per Unit for proceeds of $4,230,517 (the &qu ...
North America | Tuesday, October 21, 2014
Resolute Energy provides operational update and horizontal well results
Resolute Energy Corporation (NYSE: REN) updates certain operating data, provides horizontal well results and provides information for its scheduled conference call to discuss results for the quarter ended September 30, 2014. Our drilling during the third quarter and in ...
North America | Tuesday, October 21, 2014
Calmena announces divestiture of Brazil operations
Calmena Energy Services Inc (TSX:CEZ) announce that it has completed the sale of its Brazil operations, including all of its assets and its wholly owned subsidiary located in Brazil to a private Canadian company for a purchase price of $7.4 million. The sale price is co ...
South America | Tuesday, October 21, 2014
Weather conditions continue to hamper seismic contractor's operations in the Gum Deniz Oil Field
Greenfields Petroleum Corporation (TSX VENTURE:GNF)(TSX VENTURE:GNF.DB) provide an update on the continuing redevelopment of the Gum Deniz and Bahar fields in the Bahar Exploration, Rehabilitation, Development and Production Sharing Agreement ("ERDPSA"), Azerb ...
Russia FSU | Tuesday, October 21, 2014