Sterling Resources closes US$32 million equity private placementJul 29, 2014Sterling Resources Ltd. has closed the private placement of 71,579,746 new common shares in the capital of the Company (the "Common Shares") to certain
Liquefied Natural Gas to acquire Bear Head LNG project in Canada for US$11 MillionJul 29, 2014Liquefied Natural Gas Limited has significantly expanded its presence in the North American Liquefied Natural Gas (LNG) sector by
Lime Petroleum relinquishes 3 Norwegian licenses in the North SeaJul 29, 2014Hibiscus Petroleum Berhad (Hibiscus Petroleum) says that its jointly-controlled entity, Lime Petroleum Norway AS (Lime Norway) has
Carnarvon observed hydrocarbons at Phoenix South-1 well in WAJul 29, 2014Carnarvon Petroleum Limited (Carnarvon) reported that gas and indications of associated liquid hydrocarbons were observed in the
Drilling resumed on the FAN-1 well, offshore SenegalJul 29, 2014FAR Ltd. has resumed drilling on the FAN-1 well offshore Senegal. FAR had previously announced a modification to the Senegal drilling programme in order
Statoil installs Valemon field in the North SeaJul 29, 2014On Monday 28 July the topsides were lifted into place on the steel jacket on the Valemon field in the North Sea. Produced by Samsung Heavy Industries this is the first Statoil topsides built in South Korea. The structure sailed from the yard on 15 June this year, and after a quick stop in Åmøyfjorden, Stavanger, last Saturday, it headed out to the field. The transportation to Norway took 40 days.
CaiTerra International to acquire undeveloped oil and gas leases in AlbertaJul 29, 2014CaiTerra International Energy Corporation says that, subject to regulatory approvals, the Company has entered into an agreement on July 25, 2014 to acquire an
Mid-Con Energy acquires mature Northeastern Oklahoma propertiesJul 29, 2014Mid-Con Energy Partners, LP, through its wholly owned subsidiary, Mid-Con Energy Properties, LLC, has entered into a definitive agreement to acquire net proved
Zargon Oil & Gas discusses Alberta Energy's Enhanced Oil Recovery royalty changesJul 29, 2014Zargon Oil & Gas Ltd. reports that the revisions to the Enhanced Oil Recovery (EOR) royalty program announced last week by Alberta Energy will have a positive
Peak Oil & Gas reaches conditional settlement with CadcoJul 29, 2014Peak Oil & Gas Limited (Peak) recommenced its arbitration process (Arbitration) in respect to its dispute with Cadco regarding the Cadlao FIA.
Canamax's production rate of is approximately 1,200 boe/dJul 29, 2014Canamax Energy’s current net production rate of is approximately 1,200 boe/d (61% oil and NGL and 39% natural gas) broken down by core area as follows:
Hyperion Exploration appoints Chief Financial OfficerJul 29, 2014Hyperion Exploration Corp. has appointed Mr. William (Bill) Cromb as Chief Financial Officer of the Company effective July 14, 2014.
TAG Oil spuds Waitangi-1 well in PEP 38348 in NZ's East Coast BasinJul 28, 2014Canada's TAG Oil Ltd. has commenced drilling operations at the Company’s 100 percent-controlled Waitangi Valley-1 exploration well in Petroleum
Breitburn Energy Partners to acquire QR EnergyJul 28, 2014Breitburn Energy Partners LP and QR Energy, LP has signed a definitive merger agreement pursuant to which Breitburn will acquire QR Energy in a
Jubilant updates reserves and resources update for Kharsang FieldJul 28, 2014Jubilant announce an upward revision in its Reserves, Contingent Resources and Prospective Resources for the Kharsang Field in Arunachal
ABS Group supporting the need for debate and discussion on Offshore Modular Drilling AssetsJul 28, 2014ABS Group has identified the upcoming Offshore Modular Construction Conference as an excellent event to bring key industry players together to
Mart Resources drills UMU-3 well to target the oil bearing VI sandJul 28, 2014Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company
Magnum Hunter acquires Ormet Mineral interest in West VirginiaJul 28, 2014Magnum Hunter Resources Corporation has closed on the purchase of approximately 1,700 net mineral acres located in Monroe County, Ohio and
Ceiba Energy closes $16.1 million bought deal equity private placementJul 28, 2014Ceiba Energy Services Inc. has closed its previously announced $16.1 million bought deal financing of 23,000,000 common shares of the Company
Northern Petroleum signs sale and purchase agreements to sell UK assetsJul 28, 2014Northern Petroleum has signed sale and purchase agreements to sell the Company's interests in all of its UK licences and assets for £1.5 million to
Jet Edge finalist for MN manufacturing awardsJul 28, 2014Minnesota Business magazine recently named Jet Edge a finalist for the 2014 Minnesota Manufacturing Awards.
SeeByte sell additional SeeTrack CoPilot units to SeatronicsJul 28, 2014SeeByte has sold a further five SeeTrack CoPilot licences to Seatronics. This software will be integrated into Seatronics’ Predator ROV, allowing the
Ferguson Group ranked in the Top 200 UK companies in The Sunday TimesJul 28, 2014The Ferguson Group has a place in the Top 200 of Britain’s private companies with the fastest-growing international sales.
High North Resources updates Core Area, Blocks A to H operationsJul 28, 2014High North says that Montney oil flowing production rates from the five horizontal wells drilled to-date on its 100 percent owned core area 20.25
