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Monday, September 15, 2014

Miller Energy Resources enters into a non-binding Letter of Intent to purchase Buccaneer Energy's Alaskan operating assets
Miller Energy Resources, Inc. (NYSE: MILL) makes significant changes to senior leadership as part of a corporate shift that will include the potential MLP-monetization of its substantial midstream assets, and provides an update on drilling operations and on a non-bindin ...
North America | Monday, September 15, 2014
Quattro Exploration and Production enters into Letter of Intent
Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) announce that it has entered into an arms-length agreement (the "Letter of Intent" or "LOI") with an Alberta-based private company for the acquisition of the Company's well database for $8 ...
North America | Monday, September 15, 2014
Oil price, Scotland, Hurricane, Bahamas Petroleum, Tangiers and finally...
Oil price The fall in the oil price is relentless and shows no sign of changing although a bounce of some sort, either bear closing or of the dead cat variety will inevitably happen soon. Do not confuse this with equilibrium returning, that may take longer. This mornin ...
West Europe | Monday, September 15, 2014
Maurel & Prom signs gas sales agreement for Mnazi Bay and Msimbati gas fields in Tanzania
Maurel & Prom announces that, along with Mnazi Bay license partners Wentworth and Tanzania Petroleum Development Corporation (TPDC), it has signed a gas sales and purchase agreement with TPDC for the long-term sale of natural gas from the Mnazi Bay and Msimbati fields i ...
Africa | Monday, September 15, 2014
Enhanced Oil Resources provides an update on the sale of Crossroads oilfield
Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) previously announced that its indirect wholly-owned subsidiary, Ridgeway Arizona Oil Corp. (collectively with EOR, the "Company"), had entered into a non-binding Letter of Intent with a non-affiliated thir ...
North America | Monday, September 15, 2014
Petrodollars: What do Russian oil companies do in the wake of sanctions?
EU sanctions introduced Friday limit some state-owned Russian oil companies’ access to European financing in a move that could drive Rosneft, Transneft and Gazprom Neft to look to alternative sources. The US added to the Russian oil sector’s woes later in ...
Russia FSU | Monday, September 15, 2014
Volga Gas announce its results for the six months ended 30 June 2014
Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce its results for the six months ended 30 June 2014. HIGHLIGHTS FINANCIAL RESULTS AND MAIDEN DIVIDEND Revenues increased by 50% to US$23.2 millio ...
Russia FSU | Monday, September 15, 2014
Green Dragon Gas announces interim results for the period ended 30 June 2014
Green Dragon Gas Ltd. (AIM:GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, is pleased to announce its unaudited interim results for the six months ended 30 June 2014. Highlights FINANCIAL HIGHLIGHTS Revenue inc ...
Asia Far East | Monday, September 15, 2014
Bahamas Petroleum announces interim results for the six months ended 30 June 2014
Highlights: Company engaged in ongoing discussions with a range of companies as it continues to actively pursue a funding partner. Developed a series of alternate well locations offering considerable optionality on cost and drilling execution risk. Continued detailed ...
Central America | Monday, September 15, 2014
Canadian Overseas Petroleum Limited engages CHF Investor Relations
Canadian Overseas Petroleum Limited (TSXV: XOP) (LSE:COPL) announce that it has engaged CHF Investor Relations, a highly regarded investor relations firm headquartered in Toronto, as its Canadian IR partner. Mr. Arthur Milholland CEO and President of Canadian Overseas ...
North America | Monday, September 15, 2014

Friday, September 12, 2014

$20 million Irving Oil Refinery turnaround underway
Over the next eight weeks, 650 additional skilled tradespeople will join the refinery's 1,400 person workforce to complete the facility's annual fall turnaround. The $20 million maintenance project will enhance the safety and reliability of Canada's largest ...
North America | Friday, September 12, 2014
EQT Midstream Partners to join the Alerian Energy Infrastructure Index
Alerian announced that following the close of business on Friday, September 19, EQT Midstream Partners LP (NYSE: EQM) will be added to the Alerian Energy Infrastructure Index (CME: AMEI). EQT Midstream Partners operates natural gas transmission pipelines, storage, and ...
North America | Friday, September 12, 2014
Global petrochemical prices fell 1% in August
Prices in the $3-trillion-plus global petrochemicals market dropped 1% in August as energy prices fell globally, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is pu ...
North America | Friday, September 12, 2014
Basic Energy Services reports selected operating data for August 2014
Basic Energy Services, Inc. (NYSE: BAS) reported selected operating data for the month of August 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 72,400 producing a rig utilization rate of 74%, compared to ...
North America | Friday, September 12, 2014
Oil price and sundry round up - Eni-Amec-Premier-Alkane Energy and finally...
Oil price A very modest rebound, certainly in Brent yesterday and this morning, WTI is performing much better than most other crudes especially as Opec countries are touting big discounts for October deliveries. This small bounce is partly due to a rebound after five b ...
West Europe | Friday, September 12, 2014
Transerv Energy announces Canadian asset sale and new Montney acquisition
Transerv announce that, through its Canadian subsidiary Carnaby Energy, it has sold some of its lands in British Columbia ('BC'). Transerv owns 64.7% of Carnaby Energy. Carnaby has completed a sale with a Montney focused Canadian Company, who will buy Carnaby&# ...
North America | Friday, September 12, 2014