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Wednesday, July 23, 2014

Canadian Overseas Petroleum provide a corporate and operational update
Canadian Overseas Petroleum Limited (TSX-V: XOP & LSE: COPL), the offshore West Africa focused oil exploration and development company, is pleased to provide a corporate and operational update. Highlights As part of COPL's strategy in West Africa the company is p ...
Africa | Wednesday, July 23, 2014
Sound Oil announce the issue of shares in respect of the final equity tranche of the £14 million institutional funding
Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce the issue of shares in respect of the final equity tranche of the £14 million institutional funding first announced by the Company on 25 April 2014. The Company has issued a ...
West Europe | Wednesday, July 23, 2014
Jupiter Energy announces quarterly update on activities for the period to 30 June 2014
Jupiter Energy Limited (ASX: "JPR", AIM: "JPRL" and KASE: "AU_JPRL") presents the following update on activities for the 3 month period ending 30 June 2014 (the "Quarter"). Also included in this report are details of subsequent ev ...
Russia FSU | Wednesday, July 23, 2014

Tuesday, July 22, 2014

Technics secures contract worth S$17.3 Million
Mainboard listed Technics Oil and Gas Limited ('Technics' or together with its subsidiaries, the 'Group'), a leading full service integrator of compression systems and process modules for the global offshore oil and gas sector, is pleased to announced th ...
Asia Far East | Tuesday, July 22, 2014
Rex Energy announces that estimated mid-year 2014 proved reserves exceed 1.0 Tcfe
Rex Energy Corporation (Nasdaq:REXX) announced total estimated proved oil, NGL and natural gas reserves as of June 30, 2014. Estimated Mid-Year Proved Reserves Rex Energy reported total estimated proved reserves as of June 30, 2014 of 1,057.8 Bcfe, an increase of appr ...
North America | Tuesday, July 22, 2014
GulfMark Offshore announces second quarter 2014 operating results
GulfMark Offshore, Inc. (NYSE:GLF) announce its results of operations for the three- and six-month periods ended June 30, 2014. For the second quarter ended June 30, 2014, revenue was $131.4 million, and net income was $14.2 million, or $0.54 per diluted share. The quar ...
North America | Tuesday, July 22, 2014
3MV Energy announces execution of Asset Purchase and Sale Agreement
3MV Energy Corp. (TSXV: TMV) announce that it has entered into an Asset Purchase and Sale Agreement to dispose of assets in south west Saskatchewan (the "Transaction"). 3MV has agreed to sell a land package with corresponding production, related inventory and ...
North America | Tuesday, July 22, 2014
Gastar Exploration reports 43% increase in mid-year proved reserves
Gastar Exploration Inc. (NYSE MKT: GST) reported that estimated proved reserves of natural gas, oil and condensate and natural gas liquids (NGLs) as of June 30, 2014 totaled 78.0 million barrels of oil equivalent (BOE), a 43% increase over December 31, 2013 proved reser ...
North America | Tuesday, July 22, 2014
InterOil to buy back shares
nterOil Corporation (NYSE: IOC; POMSoX: IOC) will buy up to US$50 million of its own Class A common shares within the next 12 months. The InterOil board has authorised the buy-back to be done periodically on the open market, based on the stock price and other market fa ...
Australasia | Tuesday, July 22, 2014
The debt double standard for Canadian vs American energy producers
The 49th parallel isn’t just a border between Canada and the United States. It also represents an important line for the amount of debt investors are willing to tolerate in their energy producers. Investors and CEOs have both learned the hard way. Canadian prod ...
North America | Tuesday, July 22, 2014
Oil price, Halliburton, Chariot, Sundry and finally...
Oil price Oil prices were resilient yesterday but WTI got the better of Brent and you can see that the differential is down to just over three bucks. This is partly because the inventory stats tonight are expected to show another draw and partly as the contract expires ...
West Europe | Tuesday, July 22, 2014
Pacific Energy Development provides drilling plan update and announces debt conversions
Pacific Energy Development (NYSE MKT: PED) confirmed that it remains on schedule to commence drilling operations in mid-August 2014 on its initial 3 horizontal wells to be drilled and completed in its recently acquired Wattenberg Asset located in Weld County, Colorado. ...
North America | Tuesday, July 22, 2014
Petrus Resources and Arriva Energy announce offer to be made by Petrus to acquire all of the outstanding shares of Arriva
Petrus Resources Ltd. and Arriva Energy Inc. announce that they have entered into a pre-acquisition agreement (the "Pre-Acquisition Agreement") pursuant to which Petrus will, subject to the satisfaction or waiver of certain conditions, make an all-cash offer t ...
North America | Tuesday, July 22, 2014
Tallgrass Energy Partners announces potential acquisition of interest in Pony Express Pipeline
Tallgrass Energy Partners, LP (NYSE:TEP) announced that Tallgrass Development, LP has offered TEP the right to purchase a 33.3% interest in Tallgrass Pony Express Pipeline, LLC ('Pony Express') for total consideration of $600 million. The terms of the offer prov ...
North America | Tuesday, July 22, 2014
Helix Energy Solutions reports second quarter 2014 results
Helix Energy Solutions Group, Inc. (NYSE: HLX) reported net income of $57.8 million, or $0.55 per diluted share, for the second quarter of 2014 compared to net income of $27.2 million, or $0.26 per diluted share, for the same period in 2013 and net income of $53.7 milli ...
North America | Tuesday, July 22, 2014
KBC announces acquisition of FEESA Ltd
KBC Advanced Technologies plc announce that it has purchased FEESA Ltd ("FEESA"), a leading UK-based provider of specialised software and services to the upstream oil and gas industry, for an enterprise value of £10 million plus one million KBC shares, t ...
West Europe | Tuesday, July 22, 2014