Zargon Oil & Gas releases Q4 2015 production volumesJan 22, 2016Zargon Oil & Gas Ltd. declares fourth quarter 2015 production volumes, provides a Little Bow Alkaline Surfactant Polymer (ASP) project update and announces 2015 year end reserves.
REPORT: World Energy Council forecasts 70 percent drop in energy storage costs by 2030Jan 22, 2016A new report from the World Energy Council with lead authors from DNV GL, forecasts strong growth in global adoption of electrical energy storage, citing dramatic reductions
CGG conducts multi-client airborne gravity and magnetic survey Offshore South AfricaJan 22, 2016CGG will commence a multi-client airborne gravity and magnetic survey offshore South Africa. The Petroleum Agency of South Africa (PASA) has authorized the program which
Wood Group strengthens commissioning capabilities through Magma collaborationJan 22, 2016Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products (Magma) to extend its existing commissioning service.
Polarcus receives LOI for 4D project offshore DenmarkJan 22, 2016Polarcus Limited has received a Letter of Intent (LOI) from Maersk Oil on behalf of the Danish Underground Consortium (DUC) for a 4D marine seismic survey offshore
Frontier Resources : Namibia exploration licence expiredJan 22, 2016On 4 February 2014 the Board of Frontier declared that the Minister of Mines and Energy in Namibia had granted the Company a two year extension to its exploration licence
Cape appoints Brian Larcombe as non-executive directorJan 22, 2016Cape plc has appointed Brian Larcombe as a non-executive director with effect from 21 January 2016.
Total transfers 20% interest and operatorship of Kharyaga to ZarubezhneftJan 22, 2016Total and Zarubezhneft have agreed to adjust their participation in the Kharyaga Production Sharing Agreement whereby Total will transfer a 20% interest together with
InterOil Corporation begins new flow test at Antelope-5Jan 22, 2016InterOil Corporation has been advised by Total E&P PNG Limited ('Total'), operator of Petroleum Retention License 15 ('PRL15') in the Gulf Province of Papua New Guinea,
Luxe Energy acquires initial assets of approximately 18,000 net acres in Delaware BasinJan 22, 2016Luxe Energy LLC has acquired certain undeveloped acreage and producing oil and gas properties located in Reeves and Ward Counties, TX from two separate sellers,
Buru Energy commences coring operations at Ungani Far West 1 wellJan 22, 2016Buru Energy Limited says that since the last progress report, DDH1 Rig 31 has been rigged up and commenced coring operations with a wireline retrievable coring system and
Abilene successfully completes Susank B #1-2 wellJan 22, 2016Abilene Oil and Gas Limited has been advised by the joint venture operator of the Central Kansas Uplift Project, CMX Inc, that the Susank B #1-5 well has been successful and will
NuVista Energy production stands approximately 23,400 Boe/d in Q4 2015Jan 22, 2016NuVista Energy Ltd. declares a number of updates that highlight the economic viability and flexibility of NuVista's ongoing business. Corporate metrics have met all original guidance expectations
Clough appoints Peter Bennett as CEOJan 22, 2016Australia's Clough Limited says that Peter Bennett has been appointed as Chief Executive Officer (CEO) of the Murray & Roberts Oil & Gas business platform and of Clough Limited
Birchcliff Energy reports record production in 2015Jan 22, 2016Birchcliff Energy Ltd. says that its current production is approximately 42,000 boe per day. Birchcliff estimates that its 2015 annual average production was approximately 39,000 boe
NXT Energy completes $1 million Bolivia contract expansionJan 22, 2016NXT Energy Solutions Inc. has completed its Bolivia survey contracts. NXT Energy's US $13 million (net of applicable Bolivia sales taxes arising)
San Leon Energy terminates possible takeover discussionsJan 22, 2016The Board of San Leon notes that an offer period under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013 in relation to San Leon commenced with effect from its
JKX Oil & Gas awarded further three Hungarian production licencesJan 22, 2016JKX Oil & Gas plc has been granted a further three 35-year production licences (mining plots) covering an additional area of approximately 124 sq km within its original
Cyberhawk reports record growth within its oil and gas division during 2015Jan 22, 2016Cyberhawk Innovations has reported record growth within its oil and gas division during 2015 due to impressive demand from domestic and global markets.
Origin Energy clarifies financing arrangementsJan 22, 2016Origin Energy Limited declared clarification of misunderstandings in the market in respect of some matters related to Origin's financing arrangements.
Bernhard Schulte Shipmanagement now an official Marine Partner of IMarESTJan 22, 2016The Institute of Marine Engineering, Science & Technology (IMarEST) declared Bernhard Schulte Shipmanagement (BSM), as a Marine Partner of the Institute.
Eden Energy sells UK gas assetsJan 22, 2016Eden Energy Ltd's wholly owned Australian subsidiary, Adamo Energy Ltd, entered into an agreement with UK Onshore Gas Limited (a company incorporated under the laws of
DNV GL acquires Swedish power system analysis company Gothia PowerJan 22, 2016Gothia Power, a Swedish power system analysis company, has been acquired by DNV GL. “This company's expertise and services are a perfect match for DNV GL’s existing portfolio in the renewable power, transmission and distribution industries. I am therefore happy to announce this acquisition, which establishes DNV GL’s technical and strategic power system services in the Swedish and Baltic energy markets and further strengthens our leading position worldwide,” says DNV GL President and CEO Remi Eriksen.
Mart Resources declares December 2015 productionJan 21, 2016Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing