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Thursday, May 14, 2015

Unconventional Techniques in Conventional, Low Productivity Oil Plays Could Breathe New Life into Old Fields, Unlocking 141 Billion Barrels Outside North America, IHS Says

As much as 141 billion barrels of potential incremental hydrocarbon resources could be unlocked if drilling and completion techniques refined in U.S. shale plays are applied to conventional, low-productivity oil plays outside of North America, according to new analysis ...
North America | Thursday, May 14, 2015

88 Energy provides Project Icewine field trip highlights

The Board of 88 Energy Limited provides the following update based on a recent visit to Alaska. Permitting Progress During the week beginning 27th April 2015, the Project Icewine Joint Venture conducted meetings with representatives from seven State of Alaska agencies ...
North America | Thursday, May 14, 2015

Ithaca Energy announces first quarter 2015 financial results

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) announces its quarterly financial results for the three months ended 31 March 2015. Financial Highlights Solid cashflow generation Q1-2015 production 12,489 barrels of oil equivalent per day, in line with guidance $99.9 mill ...
West Europe | Thursday, May 14, 2015

Wednesday, May 13, 2015

TAQA releases Q1 2015 results

TAQA, the international energy company from Abu Dhabi, today announced first quarter earnings for the period ending 31 March 2015. 'Today's results demonstrate the value of our diversified portfolio in a lower oil and gas price environment,' said Edward LaFehr, TAQA Ch ...
Middle East | Wednesday, May 13, 2015

Tamarack Valley Energy announces 2015 first quarter results; record production while reducing debt

Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) is pleased to announce its operating and financial results for the first quarter of 2015. The Company exceeded its first quarter 2015 production guidance of 8,000 boe/d by averaging 8,092 boe/d. First quarter production incr ...
North America | Wednesday, May 13, 2015

Your Seven-Point Guide To H2 2015 Oil Prices

Before you get carried away with the wholly misguided notion that we have entered into a 'new normal' of oil prices in the region of $60-80 a barrel for the rest of this year, see below for a further and updated guide to why this kind of thinking is very, very dangerous ...
North America | Wednesday, May 13, 2015


Mexico releases Pre-Qualification criteria for onshore fields, MX Oil in strong position

MX Oil plc, the AIM quoted oil and gas investment Company, is pleased to announce that the pre-qualification criteria have now been released by the National Hydrocarbons Commission for mature onshore conventional fields in Mexico. This is the third phase of Bid Round on ...
North America | Wednesday, May 13, 2015

Saudi Arabia Continues To Turn Screws On U.S. Shale

Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC's latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day in April, a slight increase over the previous month' ...
North America | Wednesday, May 13, 2015

Petrobras seeks reimbursement from executives and contractors mentioned in the Operation Lava Jato in the courts

Petrobras has filed joint lawsuits with the Federal Public Prosecutors' Office for improper conduct against the contractors and executives identified as responsible for irregularities within the scope of the Federal Police's 'Lava Jato' anti-corruption investigation. T ...
South America | Wednesday, May 13, 2015

LGX Oil + Gas announces first quarter 2015 results

LGX Oil + Gas Inc. (TSXV:OIL) announces it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis for the three months ended March 31, 2015. Financial and operational highlights Accomplishments As a result of the Compa ...
North America | Wednesday, May 13, 2015

Petrowest Corporation announces first quarter 2015 financial results

Petrowest Corporation (TSX:PRW) announced today its consolidated financial results for the three month period ended March 31, 2015. Rick Quigley, Chief Executive Officer, stated: 'The first quarter of 2015 was more challenging than expected. Reduced customer activity ...
North America | Wednesday, May 13, 2015

Calvalley Petroleum successfully completes restructuring and liquidation

Calvalley Petroleum Inc. is pleased to announce the successful completion of its previously announced restructuring and liquidation of the Company pursuant to a plan of arrangement involving Calvalley Energy Limited (a wholly-owned subsidiary of Calvalley organized in C ...
North America | Wednesday, May 13, 2015

Pine Cliff Energy announces first quarter 2015 results

Pine Cliff Energy Ltd. (TSX VENTURE:PNE) is pleased to announce its first quarter financial and operating results. Included in the filings were Pine Cliff's condensed consolidated interim financial statements and related management's discussion and analysis for the peri ...
North America | Wednesday, May 13, 2015

Parsley Energy announces first quarter 2015 financial and operating results

Parsley Energy, Inc. (NYSE: PE) today announced financial and operating results for the quarter ended March 31, 2015. The Company has posted to its website a presentation that supplements the information in this release. First Quarter 2015 Highlights Parsley delivered ...
North America | Wednesday, May 13, 2015

Candax Energy announces first quarter financial and operating results

Candax Energy Inc. (TSX:CAX), a company focused on mature oil field development in Tunisia, today announced financial and operating results for the quarter ended March 31, 2015. All monetary figures reported herein are U.S. dollars unless otherwise stated. Selected Ope ...
North America | Wednesday, May 13, 2015

Four Canadian Juniors Poised to Gain in the Oil and Gas Recovery: Angelos Damaskos

With crisis comes opportunity, as the saying goes, and Angelos Damaskos, principal adviser of the Junior Oils Trust, has capitalized on the panicked selloff of junior oil and gas companies to build positions in four promising names in Western Canada. In this interview w ...
North America | Wednesday, May 13, 2015
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