Petroceltic International initiates strategic review
Dec 25, 2015
Petroceltic International plc has initiated a formal strategic review of the Company's business and assets with a view to considering all options to maximise value for

LGO Energy no longer in active discussions to acquire Trinity-Inniss
Dec 25, 2015
LGO clarifies that whilst formal negotiations with the owners of FRAM Exploration (Trinidad) Limited, which holds the Trinity-Inniss Incremental Production Services Contract

Baker Hughes announces weekly rig counts
Dec 25, 2015
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -9 to 700 rigs

Bigas has become 100% Cavagna Group
Dec 25, 2015
The decision is coherent with the development strategies of the Cavagna Group, including directly and with increasing interest in the field of engines conversion to LPG/CNG fuel.

Shoreline Energy Corp. files bankruptcy
Dec 24, 2015
Shoreline Energy Corp. has filed an assignment under section 49 of the Bankruptcy and Insolvency Act (Canada) on December 23. Pursuant to the Assignment, Grant Thornton Limited

Hawk Exploration amends bank credit facility
Dec 24, 2015
Hawk Exploration Ltd. Says that the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016.

Drydocks World completes RIAP on the National Drilling Company’s rig Diyina
Dec 24, 2015
Drydocks World has successfully completed the yard’s first Rig Integrity Assurance Program (RIAP) on rig Diyina for the National Drilling Company (NDC), and the first

GeoPark executes offtake and $100 million funding agreement with Trafigura
Dec 24, 2015
GeoPark Limited has executed an offtake and prepayment agreement with Trafigura, commodity trading and logistics companies.

Resolute Energy closes sale of Gardendale assets in the Midland Basin
Dec 24, 2015
Resolute Energy Corporation has closed the sale of its Gardendale assets in the Midland Basin of West Texas to a private party for a purchase price of $177.5 million.

Williams names Seldenrust Head of Engineering & Construction
Dec 24, 2015
Williams has appointed John Seldenrust as Senior Vice President of Engineering & Construction, effective Jan. 1. Seldenrust will report directly to Williams President and Chief

Empyrean Energy reports third quarter 2015 production from Sugarloaf AMI
Dec 24, 2015
Empyrean Energy declares the production figure from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period

Lundin completes drilling and reclassifies 16/1-25 S well
Dec 24, 2015
Lundin Norway AS, operator of production licence 338 C, has completed the drilling of exploration well 16/1-25 S.

Eos Petro appoints Alan D. Gaines Chief Executive Officer
Dec 24, 2015
Eos Petro, Inc. has appointed Alan D. Gaines as Chief Executive Officer.The Board of Eos is pleased and very excited to attract someone of Mr. Gaines' caliber," said Nikolas

WesternZagros adds flexibility to debt drawdown timing
Dec 24, 2015
WesternZagros Resources Ltd. has reached an agreement with its major shareholder, Crest Energy International, LLC (Crest), to defer the latest first drawdown notice date

Fugro awarded survey services for deepwater development at Guyana oil discovery
Dec 24, 2015
Fugro has been awarded a contract by Esso Exploration and Production Guyana Limited, an ExxonMobil affiliate, for survey services at a deepwater field development offshore Guyana. The contract provides for autonomous underwater vehicle (AUV) geophysical survey and an environmental baseline survey, along with shallow geohazard and geotechnical coring. The discovery of more than 295 feet of high quality, oil-bearing sandstone reservoirs in the Stabroek Block of the Liza Field represents a significant deepwater production find in the Guyana-Suriname basin.

Frontera upgrades gas potential from Greater Black Sea operations
Dec 24, 2015
Frontera Resources Corporation updates its operational work in the Greater Black Sea region of Eastern Europe.

Enbridge Gas Distribution receives approval for new rates
Dec 24, 2015
Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective January 1, 2016. These rates are approved on an

Junex retaines D&D Securities Inc. to provide market-making services
Dec 24, 2015
Junex Inc. has retained D&D Securities Inc. of Toronto, Ontario, to provide market-making services. The market-making services will be undertaken by D&D in compliance

Premier Oil completes sale of Norwegian business
Dec 24, 2015
Premier Oil has completed the disposal of Premier Oil Norge AS to Det norske oljeselskap ASA for a net cash consideration of $120 million.

KKR to provide asset management services to the oil and gas industry
Dec 24, 2015
Gglobal investment firm KKR has signed an agreement to pursue acquisitions and investment opportunities by establishing an integrated entity to provide asset management services

Wood Group appoints Company Secretary
Dec 24, 2015
William Setter, Group Financial Controller, will become Company Secretary of John Wood Group PLC with effect from 1 January 2016, following the announcement

Falcon Oil & Gas appoints new Chairman
Dec 23, 2015
Falcon Oil & Gas Ltd. has elected JoAchim Conrad, a non-executive director of the Company since 2008, as its Chairman. Through this appointment, the Board of Directors

Wintershall says sale of Norway assets to Tellus Petroleum will not be completed
Dec 23, 2015
Following a request from Tellus Petroleum, Wintershall has consented to release the company from its obligations under the Sales and Purchase Agreement announced on June 18, 2015.

Bowleven commences flowing hydrocarbons at Zingana well
Dec 23, 2015
Bowleven says that following the installation of testing equipment, the Zingana well has now commenced flowing hydrocarbons.