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Financial
Chevron acquires new acreage Offshore AustraliaOct 24, 2013Chevron Corporation announced its Australian subsidiary has acquired exploration interests in two offshore blocks located in the Bight Basin, a deepwater frontier basin. Blocks S12-2 and S12-3, which span more than 8 million acres (32,375 square kilometers),
Dana Gas commences arbitration proceedings at the London Court of International ArbitrationOct 23, 2013Dana Gas discloses that, along with Crescent Petroleum and the Pearl Petroleum consortium (which holds petroleum rights in the Kurdistan Region of Iraq), it has
Magnolia Petroleum secures US$5 million credit facilityOct 23, 2013Magnolia Petroleum has secured a US$5 million three year Credit Facility ('the Credit Facility'). Combined with the Company's fast growing revenues from production, which
RMP Energy announces strategic asset purchase and provides operations updateOct 23, 2013RMP Energy Inc. announce a strategic asset purchase and provide an operational update highlighting the results from a recently-completed Ante Creek Montney oil well in
CNOOC announces successful bid for Libra field in BrazilOct 23, 2013CNOOC Limited announced that the Company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing
Shell Announces Successful Bid For Giant Field In Deep Water BrazilOct 23, 2013A consortium of companies, including Royal Dutch Shell plc (Shell), Petrobras, Total, CNPC and CNOOC, won a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil.
Solo Oil makes further investment in West AfricaOct 22, 2013Solo has signed a Sale Purchase Agreement (SPA) to acquire an additional 4.9% shareholding in Swiss based Pan Minerals & Oil AG (Pan Minerals) for a cash consideration
US Oil Sands announces closing of strategic financingOct 22, 2013US Oil Sands Inc. announced the closing of the previously announced $80 million private placement financing of US Oil Sands (the "Financing") with strategic investors Blue
Gasco Energy completes a financial restructuringOct 22, 2013Gasco Energy, Inc. has completed a financial restructuring following a thorough evaluation of the Company's strategic alternatives, which included consideration of a sale of
RedWater enters into farmout agreements to tie-in Davey Lake wellOct 21, 2013RedWater Energy Corp. has entered into farmout agreements with eight investors (collectively, the "Investors") for gross proceeds of $200,000 (collectively, the "Farmout
Cabot Oil & Gas to sell Marmaton and West Texas propertiesOct 21, 2013Cabot Oil & Gas Corporation has entered into two purchase and sale agreements to sell certain proved and unproved oil and gas properties located in the Mid-Continent and
Bayport International to purchase interest in five oil wells in Venango County, PennsylvaniaOct 21, 2013Bayport International Holdings, Inc. announce the signing of a Letter of Intent to purchase an interest in 5 oil wells located in the Scott Lease, Venango County, Pennsylvania.
Tullow Oil completes Namibia EL 0037 farminOct 21, 2013Pancontinental Oil & Gas NL says that the legal process of the previously announced Tullow Kudu Limited farmin to licence EL 0037 offshore Namibia has now been
W&T Offshore to acquire Callon Petroleum assetsOct 21, 2013W&T Offshore, Inc. has entered into an agreement with Callon Petroleum Operating Company (Callon) to acquire substantially all of Callon's exploration and production
Ring Energy provides development program for Kansas leasesOct 21, 2013Ring Energy, Inc. has entered into a joint development agreement with Torchlight Energy Resources, Inc. (Torchlight) to develop all of Ring’s existing Kansas leasehold of
Long Run Exploration closes previously announced property acquisition in core areasOct 18, 2013Long Run Exploration Ltd. announce the closing of the previously announced acquisition of properties and associated infrastructure (the "Acquisition") in the Company's core
OMV and Montanuniversität Leoben expand cooperationOct 18, 2013OMV and Montanuniversität Leoben are expanding their existing cooperation and working together on introducing a new degree program - the International Petroleum
First Titan exploring big money play in South TexasOct 17, 2013As First Titan Corp. continues exploring assets to add its growing oil and gas portfolio, the company is evaluating a new play in South Texas with the potential for significant
Bellatrix Exploration announces $175 million bought deal financingOct 17, 2013Bellatrix Exploration Ltd. has entered into an agreement with a syndicate of underwriters to issue, on a bought deal basis, 21,875,000 common shares (Common Shares) at a
Rooster Energy completes subordinated secured credit facilityOct 17, 2013Rooster Energy Ltd. says that effective October 11, 2013, it entered into a secured Credit Facility which provides for borrowing up to CDN $8 Million, to be used for general
Petrowest Corporation announces $15 million bought deal equity offeringOct 17, 2013Petrowest Corporation has entered into an agreement with a syndicate of underwriters led by Beacon Securities Limited and Canaccord Genuity Corp. (collectively,
Exillon Energy provides update on formal sale processOct 17, 2013On 18 September 2013, Exillon announced that it had decided to conduct a strategic review of the Company's options, including a potential sale of the Company under the framework
COOPER Valves acquires Houston based metal-seated ball valve manufacturer AccusealOct 17, 2013COOPER® Valves has acquired Accuseal, the leading manufacturer of severe service metal-seated ball valves. The acquisition will strengthen COOPER Valves’ position
Hoover Container Solutions acquires Dolphin Energy EquipmentOct 16, 2013Hoover Container Solutions, a subsidiary of Hoover Group, Inc., has acquired Dolphin Energy Equipment LLC (Dolphin), a provider of cargo and waste management rental
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