Madalena Energy announces 155% increase to year end reservesFeb 13, 2015Madalena Energy Inc. is pleased to announce the results of its independent reserve reports as at December 31, 2014. In 2014, the Company focused its efforts on creating a solid platform
Tap Oil not to proceed with farm-in of offshore Otway BasinFeb 12, 2015Tap Oil Limited announced on 18th September 2013 that it had executed an agreement with WHL Energy Limited for an option to
Petrogrand signs a Letter of Intent regarding an acquisition in RussiaFeb 12, 2015Petrogrand AB has signed a Letter of Intent (LOI) regarding the acquisition of 49 percent of the shares and votes in Ripiano Holding Ltd, a Cyprus holding
Trapoil relinquish Orchid licenseFeb 12, 2015Trapoil announces a further corporate and operational update.The Board has decided to also relinquish Licence P.1556 Block 29/1c (Orchid), which was
Artek Exploration anticipates capital expenditures of $8-10 millionFeb 12, 2015Artek Exploration Ltd. provides the following update.As a result of its operational success in late 2014 including record production rates from Artek's fourth quarter
N-Sea invests £1.5m in new dive support vesselFeb 11, 2015N-Sea has launched its third diving support vessel. The Edradour represents a £1.5 million investment for the company and will be
Falcon Crest acquires remaining working interest in Rocky Ford FieldFeb 11, 2015Falcon Crest Energy has acquired the remaining working interest in recently acquired leasehold Rocky Ford Field in Crook County, Wyoming.
CNOOC signs PSCs with SK Innovation CoFeb 11, 2015CNOOC Limited says that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing
Arbitration claims dismissed Total declared a party to PRL 15 JVOAFeb 11, 2015InterOil Corporation advises that the International Chamber of Commerce arbitration panel has dismissed all claims by the PAC LNG
Roxi to sell stake in Galaz contract area to Xinjiang ZhundongFeb 11, 2015Roxi Petroleum plc, announced the conditional sale of the Company's equity and debt interests in the Galaz Contract Area, the second
J.H. Blades acquires energy rival Burke-DanielsFeb 11, 2015J.H. Blades & Co., Inc. has bought rival wholesale broker Burke-Daniels Co. Inc. Terms of the deal were not disclosed.
Sterling Energy acquires 40.5% interest in offshore Mauritania contractFeb 11, 2015Sterling Energy says that its wholly owned subsidiary, Sterling Energy Mauritania Limited, has signed a sale and purchase agreement
PennEast Pipeline to drive $1.6 billion economic impactFeb 11, 2015The design and construction of the PennEast Pipeline will generate approximately $1.6 billion in additional wages, revenues and
Gazprom wins trial over Moncrief Oil InternationalFeb 10, 2015On February 2, 2015 the Tarrant County Court, Texas, USA located in Fort Worth passed a judgement to dismiss the litigation
INPEX sells interest in Louisiana block SL20183 in the US to SibleyFeb 10, 2015Inpex Corporation (Inpex), through its wholly-owned subsidiary, Teikoku Oil (North America) Co., Ltd., has agreed to sell all its
Taipan starts arbitration against EAX/AfrenFeb 10, 2015Taipan Resources Inc. says that the Company's Kenya based subsidiary Lion Petroleum Corp (Lion) has commenced an arbitration
MEO to relinquish rights to certain blocks within the Blackwood AreaFeb 10, 2015MEO Australia Limited elected to withdraw from the Blackwood gas discovery at no cost, transferring that area of NT/P68 to Eni
Energean submits two new bids in Western GreeceFeb 10, 2015Energean Oil & Gas has submitted two bids in the Western Greece Onshore Licensing Round regarding the “Arta/Preveza”
Seplat completes acquisition of stakes in OML 53, OML 55 in NigeriaFeb 9, 2015Seplat Petroleum Development Company has completed the acquisition of a 40 percent working interest in OML 53, onshore
Parsley Energy declares 2015 capital budgetFeb 9, 2015Parsley Energy, Inc. says that its Board of Directors has approved a capital budget of $225-$250 million for 2015, excluding
Statoil's 2014 fourth quarter resultsFeb 9, 2015Statoil's net operating income for the full year 2014 was NOK 109.5 billion. Fourth quarter 2014 net operating income was NOK
Real Energy increases acreage in Cooper BasinFeb 6, 2015Real Energy Corporation Limited has been successful in its tender for Queensland Petroleum Land Releases PLR 2014-1-4, located
Victory Energy and Lucas Energy propose mergerFeb 6, 2015Victory Energy Corporation has executed a Letter of Intent and Term Sheet for a proposed business combination between the two companies.
Hawker Energy completes acquisition of TEG Oil & Gas USAFeb 6, 2015Hawker Energy, Inc. has closed its previously-announced acquisition of 100% of the shares of TEG Oil & Gas U.S.A., Inc. from
