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Stock News
Excelsior's subsidiary closes financing and appoints new boardJun 10, 2008Excelsior Energy Limited declares the closing of a $1 Million private placement in its North Sea subsidiary, 1385302 Alberta Ltd. (NorthseaCo) as previously disclosed on April 9, 2008.
Arena Resources acquires New Mexico propertyJun 9, 2008Arena Resources, Inc. has finalized the acquisition of a property located in Lea County, New Mexico for a purchase price of $10,265,000.
Enegi Oil update on Western Newfoundland activitiesJun 4, 2008Enegi Oil, having successfully completed its IPO in March 2008, provides a progress update on its activities at Garden Hill South and Shoal Point in western Newfoundland.
Crimson acquires South Texas assets from SmithJun 3, 2008Crimson Exploration Inc. has closed on the previously declared acquisition of four producing gas fields and undeveloped acreage in South Texas from Smith Production Inc.
RWE completes acquisition of stake in ExcelerateJun 3, 2008RWE has completed the acquisition of a 50% stake of the US-based liquefied natural gas (LNG) business Excelerate Energy.
Goodrich declares purchase of reservesJun 2, 2008Goodrich Petroleum Corporation reports the acquisition of additional interests in the Cotton Valley trend, which increases its net exposure in the Haynesville Shale to approximately 30,000 net acres.
Sterling Energy sells Peripheral USA assetsJun 2, 2008Sterling Energy, an AIM listed independent oil & gas exploration and production company with interests in the Gulf of Mexico, Africa and the Middle East, declares the completion of its sale
XTO Energy to acquire Bakken ShaleMay 29, 2008XTO Energy Inc. has entered into a definitive agreement to acquire producing properties and undeveloped acreage from privately-held Headington Oil Company for $1.85 billion.
Noreco in new share offerMay 28, 2008Norwegian Oil Company, or Noreco, is offering its shareholders a chance to pick up another NOK58.7 million ($11.7 million), after the board ...
Lynden Energy reports $7.15 million financingMay 28, 2008Lynden Energy Corp. reports that it is undertaking a non-brokered private placement in the amount of $7,150,000.
Greka China to acquire Pacific Asia China EnergyMay 28, 2008Pacific Asia China Energy Inc. has entered into an agreement with Greka China Ltd. (GREKA) to amend the Arrangement Agreement made as of March 27, 2008 among Greka, Greka Acquisitions Ltd.
Kodiak Energy declares US$7.5 million private placementMay 27, 2008Kodiak Energy, Inc. says that subject to regulatory approvals, it intends to complete a private placement of up to US$7,500,000 in principal amount of units of Kodiak (the "Units") at the price of US$2.50 per Unit (the "Offering").
Rift assumes 100% ownership of Papua New Guinea assetsMay 26, 2008Rift Oil Plc has reached an out of court settlement with its partner, Austral Pacific Energy Limited.
Penn West Energy Trust to acquire Endev Energy Inc.May 26, 2008Penn West Energy Trust and Endev Energy Inc.( Endev) have entered into an Arrangement Agreement whereby Penn West will acquire all of the outstanding shares of Endev.
Questerre gets $32M quote for new stockMay 22, 2008Calgary-based Quebec producer Questerre looks set to raise at least $32 million in at least one of the two energy-focused ...
Pacific Energy sells onshore California assets for $135 millionMay 22, 2008Pacific Energy Resources Ltd. reports the execution of definitive agreements to sell 100% of its onshore California producing assets
Record oil lifts energy burseMay 21, 2008The record oil price has helped the Canadian stock market to its own highest ever mark, as energy stocks soared in Toronto to ...
White Nile acquires Nigerian oil projectsMay 20, 2008White Nile Ltd has agreed to acquire PA Energy Africa Limited (PAEA), a private oil company which operates in Nigeria, for a consideration of US$1.839 million in cash and 3,132,688 new ordinary shares in the Company.
Neptune terminates registrar and FINFO agreements, De-registers from OTCMay 16, 2008Neptune Marine Oil and Gas says that it had, on April 28, 2008, given notice to DnB NOR Bank ASA to terminate the two registrar agreements for shares and warrants respectively (Registrar Agreements) that it had entered into with DnB NOR.
Arbitration Court prohibited activities of BP experts seconded to TNK-BPMay 15, 2008TNK-BP Holding (TBH) confirms that TBH and TNK-BP Management are defendants in a series of lawsuits brought in the Tyumen Oblast and Moscow arbitration courts by CJSC Tetlis, — a minority shareholder in TBH.
Island Oil & Gas to sell Netherlands assetsMay 13, 2008Island Oil & Gas PLC’s wholly owned subsidiary, Island Oil & Gas BV (IOGBV), has signed a Term Sheet with Delta Hydrocarbons B.V. (Delta) for the sale of the entire issued share capital of Island Netherlands BV
Oil Search signs PSC in highly prospective block in Kurdistan, IraqMay 13, 2008Oil Search Limited has signed a Production Sharing Contract (PSC) for the 632 square kilometre Shakal Block with the Kurdistan Regional Government (KRG) in Iraq.
Tammany acquires Summit Gulf Venture propertiesMay 12, 2008Tammany Oil & Gas LLC declares the acquisition of all the assets of Summit Gulf Venture, LLC (SGV).
TransGlobe Energy closes sale of Canadian assetsMay 2, 2008TransGlobe Energy Corporation declares the sale of all of its Canadian oil and gas assets to Direct Energy Marketing Limited closed on April 30, 2008.
Oilexco closes deal for Svenska UK interestsMay 2, 2008Oilexco Incorporated has closed the deal on April 30, 2008 for Svenska Petroleum Exploration UK Limited's (Svenska) interests for US $25 million in cash
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