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Thursday, December 18, 2014

Arbuzovskoye 106 well in production at a stabilised average rate of 170 bopd

PetroNeft Resources (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations. Licence 61 Arbuzovskoye Following some delays the Arbuzovskoye 106 well has successfully e ...
Russia FSU | Thursday, December 18, 2014

Wednesday, December 17, 2014

Sheridan Production Partners raises $1.5 billion for acquisition of onshore US producing oil and gas assets

Sheridan Production Partners today announced that it has raised $1.5 billion in equity commitments through its third fund, Sheridan Production Partners III, to acquire onshore U.S. producing oil and gas properties. Including the latest offering, Sheridan has raised a to ...
North America | Wednesday, December 17, 2014

Changfeng Energy enters natural gas purchase and sale agreement with PetroChina Company for Xiangdong Project

Changfeng Energy Inc. ("Changfeng" or the "Company") (TSX VENTURE:CFY), announces that, further to its press release dated November 23, 2011, the Company has entered into a natural gas purchase and sale agreement (the "Agreement") with Petr ...
Asia Far East | Wednesday, December 17, 2014

Oil price, Chariot, Aminex and finally...

Oil price A lot of economic stats today led by the Fed Monetary Policy this evening, apart from that the UK has unemployment data and the MPC minutes as well as a bunch of Euro numbers to inspire Super Mario. Also on numbers we had the API inventory data after hours la ...
West Europe | Wednesday, December 17, 2014

Technip awarded €100million project in India

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been awarded an approximately €100 million contract by Oil and Natural Gas Corporation Limited (ONGC) to build a 6 MMSCMD (1) onshore terminal at Odalarevu in Andhra Pradesh, India, as part of the Integrated D ...
Asia Far East | Wednesday, December 17, 2014

World Point Terminals, LP announces an agreement to acquire a terminal facility

World Point Terminals, LP (the 'Partnership'), a Delaware limited partnership (NYSE: WPT), announced today it has entered into a contribution agreement to acquire a terminal in Greensboro, NC from a subsidiary of Apex Oil Company, Inc. ('Apex'), an affil ...
North America | Wednesday, December 17, 2014

Partial sale of KNDL from Aminex PLC to Solo Oil approaches conclusion

Further to Aminex's announcement on 12 November 2014 in which it stated that its subsidiary Ndovu Resources Ltd. had signed binding, conditional heads of terms with Solo Oil PLC ('Solo') for the sale to Solo of up to 13% of in the Kiliwani North Development ...
Africa | Wednesday, December 17, 2014

Successful yearly sales result for Eland Oil & Gas

Eland (AIM: ELA) announces that Elcrest Exploration and Production Nigeria Ltd ("Elcrest"), Eland's joint venture company, has completed the loading and sale of a further 31,500 bbls gross of crude for an average price of $94.93 per barrel. This will be th ...
Africa | Wednesday, December 17, 2014

Pre-close operational update from Chariot Oil & Gas

Chariot Oil & Gas Limited (AIM: CHAR) provides a pre-close operational update. During the course of 2014, Chariot has carried out substantial amounts of technical work across the entirety of its portfolio, diversified risk through two successful farm outs, repositioned ...
Africa | Wednesday, December 17, 2014

Tuesday, December 16, 2014

Oil revenues from Surprise field affected by drop in oil prices

Central Petroleum Limited (ASX:CTP) advises following the recent drop in oil prices which has affected oil revenues from the Surprise field, Central has taken decisive action to ensure that the Company will be able to live within its present cash flows. The following a ...
Australasia | Tuesday, December 16, 2014

Piedmont Natural Gas files for reductions in natural gas sales rates in North Carolina and South Carolina

Piedmont Natural Gas (NYSE: PNY) has filed for reductions in its natural gas sales rates for customers in North Carolina and South Carolina. Last week's filings before both the North Carolina Utilities Commission and the Public Service Commission of South Carolina r ...
North America | Tuesday, December 16, 2014

Cheal-E6 well continues to naturally free flow under a 16/64 choke at stable rates

East West Petroleum Corp. (TSX VENTURE:EW) provide the following update on its operations in New Zealand and Romania. TAG Oil Ltd. ("TAG") is the operator and co-owner of all of the Company's licenses in New Zealand, while in Romania, Naftna Industrija Srb ...
Australasia | Tuesday, December 16, 2014

Woodside purchases Apache interests in key assets

Woodside advises it has entered into a binding transaction with Apache Corporation to acquire Apache's Australian Wheatstone LNG and Balnaves oil interests and Kitimat LNG project interests in Canada, for an aggregate purchase price of US$2.75 billion. Under the te ...
North America | Tuesday, December 16, 2014

Cooper Energy acquiring 50 % interest in Sole gas field and Orbost Gas Plant

Cooper Energy (ASX:COE) announces it has secured the basis for a substantial expansion to its gas resources and cemented its position as an emerging participant in the Eastern Australian gas market with the agreement to acquire a 50 per cent interest in the Sole gas fie ...
Australasia | Tuesday, December 16, 2014

LINN Energy announces closing of sale of Granite Wash and Cleveland properties

LINN Energy, LLC (Nasdaq:LINE) and LinnCo, LLC (Nasdaq:LNCO) announced that LINN has closed the previously announced sale of its entire position in the Granite Wash and Cleveland plays located in the Texas Panhandle and western Oklahoma to privately held institutional a ...
North America | Tuesday, December 16, 2014

Synergy Resources announces closing on acquisition of Wattenberg Field assets

Synergy Resources Corporation (NYSE MKT: SYRG) has closed on the purchase of certain assets from a private operator ("seller") in the Wattenberg Field as previously disclosed on October 30th, 2014. The assets include leases that are all held by production cove ...
North America | Tuesday, December 16, 2014
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