PA Resources CFO to leave the companyNov 18, 2015PA Resources CFO, Tomas Hedström, has resigned his position and will leave the company at year-end to take up a yet to be announced position at another company.
Corvus Energy awarded Fast 50 and Fast 500 listings for 2015Nov 18, 2015The Deloitte Technology Fast 50™ program recognizes the world-class achievements and tremendous evolution of the Canadian technology sector by ranking the 50 fastest growing
Statoil exits AlaskaNov 18, 2015Statoil is optimising its exploration portfolio and has decided to exit Alaska following recent exploration results in neighbouring leases.
PA Resources to divest its assets and apply for delistingNov 18, 2015In April 2015, PA Resources AB's board of directors initiated a review of the company's strategic options with regards to the company's future.
Tullow Oil encounters no hydrocarbons at Emesek-1 exploration wellNov 18, 2015Tullow Oil plc (Tullow) says that the Emesek-1 exploration well in Block 13T in the North Lokichar basin, Northern Kenya, has reached a total depth of 3,000 metres without
Horizon Oil commences drilling at WZ 12-8W-A6P1 appraisal well in ChinaNov 18, 2015Australia's Horizon Oil Ltd. says that the WZ 12-8W-A6P1 appraisal well, Beibu Gulf, China, has been spud at 21:00 hrs local time Nov. 14. The well is located in the Weizhou
Market volatility boosts NDT instrument rental fleet investmentsNov 18, 2015Despite challenging times in the oil and gas sector, rental equipment specialist Ashtead Technology has continued to invest in its fleet of inspection instruments; adding over
Primeline spuds LS30-3-1 prospect in East China SeaNov 18, 2015Primeline Energy Holdings Inc. has commenced the drilling operations of the LS30-3-1 well in Block 33/07 in the East China Sea.
Platts Survey: OPEC pumps 31.08 million barrels of crude oil per day in OctoberNov 18, 2015Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.08 million barrels per day (b/d) in October, down 120,000 b/d from September,
READ Cased Hole wins cased hole logging contract with Hess Denmark ApSNov 18, 2015Aberdeen-based production and integrity evaluation company READ Cased Hole (READ) has been awarded a cased hole logging contract by Hess Denmark ApS, a wholly owned subsidiary of Hess Corporation. The framework contract appoints READ as the preferred provider on a four year basis with one year extension option available.
Eland Oil & Gas increases current production ratesNov 17, 2015Eland Oil & Gas PLC has materially increased current production rates. Following the successful workover of the Opuama-1 well, the Opuama field is now producing from
InfraStrata to divest exploration assetsNov 17, 2015InfraStrata plc has re-organised its business and agreed to sell exploration based assets to focus on its strategic gas storage project in Northern Ireland.
Andes partners with Canacol Energy to develop Interoil licensesNov 17, 2015Andes has entered into a Collaboration Agreement with Canacol Energy Ltd (Canacol) to develop the licences held by Interoil Exploration and Production ASA (Interoil).
Magnolia LNG receives final EIS, Executes EPC contract with KBR-SK JVNov 17, 2015Liquefied Natural Gas Limited is pleased to advise that its wholly owned subsidiary, Magnolia LNG LLC (Magnolia), has agreed a legally binding lump sum turnkey (LSTK) engineering,
Petrogrand provides October 2015 production updateNov 17, 2015The total production from the Komi oil fields Dinyu-Savinoborskoye, Sosnovskoye and Yuzhno-Tebukskoye in October 2015 amounted to 57,399 barrels of oil, corresponding to an average
Marlink to supply BP Shipping with improved high speed broadbandNov 17, 2015Marlink will provide BP Shipping with global multi-band high speed VSAT (Very Small Aperture Terminal) services to support operational efficiency and crew communication across its tanker fleet.
Caspian produces positive results at East Zhagabulak fieldNov 17, 2015Caspian Energy Inc. says that its wholly-owned subsidiary, Aral Petroleum Capital LLP, has produced positive results after completing a period of test production on two existing wells at
MPG Pipeline names Dan Murphy as Quality Assurance ManagerNov 17, 2015MPG Pipeline Contractors has named Dan Murphy as quality assurance manager in its Houston office.
Premier Oil sells Norwegian business for $120 millionNov 17, 2015Premier has agreed to sell Premier Oil Norge AS which comprises all its Norwegian assets, to Det norske oljeselskap ASA for a cash consideration of $120 million.
Trinity Exploration provides operational and strategic updateNov 17, 2015Trinity, an independent E&P company focused on Trinidad and Tobago, provides an update on its operations and financials for the year to September 2015 as well as details
JKX Oil & Gas awarded Hungarian production licencesNov 17, 2015JKX Oil & Gas has been granted three 35-year production licences covering an area of approximately 75 sq km within its former Hernad I & II exploration licence areas in north-eastern Hungary.
Baker Hughes announces weekly rig countsNov 17, 2015Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -4 to 767 rigs
Rose Petroleum updates Uinta Basin and Paradox Basin farm-inNov 17, 2015Rose Petroleum has made the final payment of US$500,000 to Rockies Standard Oil Company regarding the acquisition of a 75% working interest in acreage in the Uinta Basin and Paradox Basin,
Warren Resources appoints President and CEONov 17, 2015Warren Resources, Inc. says that, effective immediately, the Board of Directors has appointed James A. Watt as President and Chief Executive Officer of the Company.