WesternZagros successfully closes the Crest strategic investment
Aug 14, 2012
WesternZagros Resources Ltd. has closed its previously announced strategic investment with Crest Energy International LLC (Crest) whereby Crest has

Pacific Rubiales makes additional investment in Puerto Bahia Port project
Aug 14, 2012
Pacific Rubiales Energy Corp. has purchased an additional 50 million common shares in the capital of Pacific Infrastructure Inc. at a price of U.S.$1.00 per share

Aztec reports reverse split of shares
Aug 13, 2012
Aztec Oil & Gas, Inc. has amended its Articles of Incorporation and effectuated a one (1) share for three (3) existing shares Reverse Split of its stock.

Max Petroleum enters financing deal with Zhanros
Aug 10, 2012
Max Petroleum has entered into an agreement with Zhanros Drilling L.L.P., one of its drilling contractors, whereby Zhanros will fund up to $7 million of drilling

Essar Oil exits CDR loan facility
Aug 10, 2012
Essar Energy, the India-focused integrated energy company, reported that its subsidiary Essar Oil Ltd has reached an agreement with its lenders to exit from

Magnolia Petroleum secures £10million financing facility
Aug 10, 2012
Magnolia Petroleum has signed an agreement for a £10 million Equity Financing Facility (EFF) with Darwin Strategic Limited (Darwin), a majority owned

EPC Offshore doubles turnover for third consecutive year
Aug 8, 2012
EPC Offshore has marked the close of its third year in business by doubling its turnover for the third consecutive year.

WesternZagros secures C$57 million strategic investment
Aug 8, 2012
WesternZagros Resources Ltd. has signed a strategic investment agreement with Crest Energy International LLC (Crest). Under the Agreement, Crest will

Oilex securities have been placed into a voluntary suspension
Jul 31, 2012
Oilex Ltd wishes to report that on 30 July 2012 the Company's securities have been placed into a voluntary suspension on the Australian Securities Exchange

Drillsearch Energy completes $50 million capital raising
Jul 30, 2012
Drillsearch Energy Limited has completed a $50 million capital raising. As a result of very strong support from existing shareholders and new institutional

ONEOK Partners to invest approximately $1 billion for additional growth projects
Jul 30, 2012
ONEOK Partners, L.P. plans to invest approximately $980 million to $1.1 billion between now and 2014 to: • Build a new 75,000 barrel-per-day (bpd)

Faroe Petroleum secures increased banking facility
Jul 27, 2012
Faroe Petroleum reports the signing of an increased bank credit facility, to provide substantial additional finance to underpin the Company's growth plans.

Statoil reports 2012 second quarter results
Jul 27, 2012
Statoil's second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011.

AltaGas reports second quarter earnings
Jul 27, 2012
AltaGas Ltd. reported net income applicable to common shares of $25.8 million ($0.29 per share) for the three months ended June 30, 2012, compared

Total launches Tempa Rossa field development in Italy
Jul 26, 2012
Total has made the final investment decision for the Tempa Rossa field in the Basilicata region of southern Italy.

FSL Trust redeploys vessels for revenue stability in difficult shipping market
Jul 24, 2012
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust, reported the financial results of FSL Trust for the second

Contact Exploration reports closing of private placement
Jul 19, 2012
Contact Exploration Inc. has closed its previously announced non-brokered private placement (the "Private Placement") of 20,000,000 common shares in the capital of

Xtreme finalizes an additional $10 million
Jul 17, 2012
Xtreme has finalized an additional $10 million loan with HSBC Canada. The loan along with the existing facility increases the debt capacity of the

EOC's high utilisation of construction fleet provides enhanced earnings visibility
Jul 13, 2012
EOC Limited has reported a high utilisation of its construction fleet which will provide enhanced earnings visibility for the Group.

Gasco Energy reports second quarter 2012 operations
Jul 13, 2012
Gasco Energy, Inc. provided an interim operations update on its Riverbend Project in Utah's Uinta Basin and on its California projects in the San Joaquin Basin.

Liberty reportsa draw-down from its equity financing agreement
Jul 13, 2012
Liberty Energy Corpreport a draw-down from its equity financing agreement.The funds have been drawn to support the exploration

Magnolia Petroleum placing raises £565k
Jul 13, 2012
Magnolia Petroleum has raised £565,000 via the issue of 23,529,411 new ordinary shares to Henderson Global Investors (the "Placing Shares") and

American Petro-Hunter reports $10 million credit facility
Jul 11, 2012
American Petro-Hunter, Inc. has entered into a three-year credit facility with ASYM Energy Partners LLC and its affiliates (ASYM), a private investment

Fortune Oil report purchase of additional China Gas shares
Jul 9, 2012
Fortune Oil confirms that Fortune Max Holdings Limited (Fortune Max) has purchased 17,984,000 additional shares in China Gas Holdings Ltd