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Company News
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,
Corehole confirms oil generation in Norte Basin UruguayOct 17, 2013Petrel Energy Ltd and its partner and Operator, Schuepbach Energy International LLC (SEI), is pleased to announce that the Cardozo Chico corehole has confirmed the
Max announces unsuccessful appraisal wells at Sagiz West and UytasOct 17, 2013Max Petroleum Plc has completed drilling the SAGW-14 appraisal well to a vertical depth of 1,423 metres without encountering sufficient hydrocarbons to be commercial and it
Novatek completes construction of the second stage of Ust-Luga complexOct 17, 2013OAO NOVATEK announced the completion of construction and the start of commissioning tests at the second stage of the Gas Condensate Fractionation and Transshipment
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
Tuscany updates production from successful oil development program in SaskatchewanOct 17, 2013Tuscany Energy Ltd. reports the results of its three heavy oil well drilling program in west-central Saskatchewan. Tuscany holds a 60% working interest in two new wells at Evesham, Saskatchewan, which
Oil & Gas Myanmar 2014 to unlock business prospects for Myanmar's Transformational Oil & Gas IndustryOct 17, 2013A brand new trade event, Oil & Gas Myanmar 2014, which focuses on Oil & Gas Exploration and Production & Refining, will be held at the Myanmar Convention Centre (MCC)
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
MacGregor receives an order for two subsea cranes for new Norwegian-owned Arctic construction vesselOct 17, 2013MacGregor, part of Cargotec, has received an order for two MacGregor active heave-compensated (AHC) offshore cranes from a Turkish shipyard for a new subsea inspection, maintenance and repair (IMR) and construction vessel for a Norwegian owner.
Cardinal Gas Storage Partners announces non-binding open seasons for two facilitiesOct 16, 2013Cardinal Gas Storage Partners LLC announced the start of non-binding open seasons, beginning Wednesday, October 16, 2013 and running through Friday, November 1,
Senex Energy commences production at Burruna-2Oct 16, 2013Senex Energy Limited has commenced an extended production test at the Burruna-2 oil discovery in southern Cooper-Eromanga Basin permit PEL 115 (Senex 80% and
Elkton vertical drilling program reaches total depthOct 16, 2013Octagon 88 Resources (OCTX) has received confirmation from the operator that a total depth of 498m was reached on the Elkton Erosional edge vertical well on October 13, 2013.
International Western Petroleum appoints new COOOct 16, 2013International Western Petroleum Corporation announce the promotion of Robert Smith as Chief Operating Officer. Robert, who is currently Vice President of Operations, has over 30 years
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
Hima-Sella appoints two new Engineering DirectorsOct 16, 2013Systems integration specialist Hima-Sella has appointed two new Engineering Directors. Nigel Banner has been appointed Engineering Director - Process Safety and Paul
Atlas Pipeline Partners provides operational and financial updateOct 16, 2013Atlas Pipeline Partners, L.P. announced that the Partnership is providing an operational and financial update and has announced its third quarter earnings reporting date and
Zeta Petroleum provides update on Jimbolia-100 well, RomaniaOct 16, 2013Zeta Petroleum provides an update on the Jimbolia-100 well ('Jimbolia-100' or 'the Well'), an appraisal well on the 39% owned Jimbolia oil concession in Romania, which is
Hydratight’s Paul Hughes makes a case for Emergency Pipeline Repair SystemsOct 16, 2013Paul Hughes, global subsea leader for joint integrity specialists Hydratight, will, over the course of the next month be presenting at the Second International Conference and
Newfield's Executive VP and Chief Financial Officer, Terry W. Rathert, to retireOct 16, 2013Newfield Exploration Company says that Terry W. Rathert, a Newfield founder and the Executive Vice President and Chief Financial Officer (CFO), will retire in 2014, after more
DNV GL recommends ways to make LNG bunkering safe and efficientOct 16, 2013One of the key hurdles to the increased global use of ships fuelled by Liquefied Natural Gas (LNG) is the lack of harmonisation of bunkering operations.
International Petroleum to sell Russian and Kazakhstan assets for US$60 millionOct 16, 2013International Petroleum Limited has entered into two binding conditional terms sheets (individually 'Terms Sheet' or together 'Terms Sheets') with an unrelated company
Interra Resources commences drilling development well CHK 1175 in MyanmarOct 16, 2013Interra Resources Limited wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. ('Goldpetrol'), has commenced drilling
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