State-owned China National Petroleum Corp said Friday that its total net equity production from its overseas oil and gas projects last year totaled 59.2 million mt of oil equivalent, translating into an average 1.19 million b/d of oil ...
Tags: oil equivalent, Mineral
Total announces that it has acquired a 40% interest in two shale gas exploration licences in the United Kingdom. The interests are in Petroleum Exploration & Development Licences 139 and 140 in the Gainsborough Trough area of the East ...
Tags: Oil News, Gas News, Gas Licences
ARC Resources Ltd. ("ARC") announced today that it estimates fourth quarter production to be approximately 100,000 boe per day. This is record quarterly production volumes for ARC and is expected to contribute to record annual production of ...
TAG Oil Ltd. (the "Company" or "TAG") (TSX: TAO) and (OTCQX: TAOIF) is pleased to provide the following exploration and development drilling update in both the shallow and deeper targets within the Taranaki Basin. As TAG enters calendar ...
Tags: TAG, Taranaki Basin, operational update, exploration targets
Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an ...
Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its estimated production results for the fourth quarter and full year 2013, the commencement of its 2014 drilling program and its estimated year-end ...
Today (January 7, 2014), Ing. Guillermo Coco, President of Gas y Petróleo del Neuquén S.A., Martin Bachmann, Member of the Board of Executive Directors of Wintershall Holding GmbH and responsible for Exploration & Production ...
Tags: Gas y Petróleo del Neuquén, Wintershall, Aguada Federal
Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that Whitecap has completed the previously announced acquisition of a private company ("PrivateCo") pursuant to a plan of arrangement (the "Arrangement") under the ...
Tags: Whitecap, acquisition, PrivateCo, Business Corporations Act
Fieldwood Energy LLC ("Fieldwood") announced today the acquisition of entities comprising SandRidge Energy, Inc.'s ("SandRidge") Gulf of Mexico and Gulf Coast business unit for $750 million, based on an effective date of December 1, 2013 ...
Tags: Fieldwood, acquisition, SandRidge, Gulf of Mexico, Gulf Coast, Riverstone
Thailand's crude oil, condensate and natural gas production increased in the first 10 months of 2013 compared with the same period of 2012, but the growth rate has slowed considerably, according to the latest energy ministry data. Crude ...
Tags: Oil, Gas Output
Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. Regulatory approvals have been obtained and Shell will now hold a 73% ...
Tags: Shell, Parque das Conchas project, purchase
Artisan has signed a purchase and sale agreement (subject to certain closing conditions) with Magnum Energy Inc. ("Magnum") (TSX VENTURE:MEN), to acquire Magnum's 50% working interest in 2,720 gross acres (1,360 net acres) of land in the ...
Tags: Artisan, purchase and sale agreement, Magnum Energy, Provost Asset
Madalena Energy Inc. (TSX-V: MVN) (the "Company" or "Madalena") is pleased to announce the results of a multi-rate production test for the CAN.xr-2(h) horizontal well which is the Company's first horizontal well to be drilled on its ...
Tags: gas resource, energy
BASF and Gazprom signed the final agreement to swap assets of equivalent value. Through the swap, the BASF subsidiary Wintershall will further expand its production of oil and gas and exit the gas trading and storage business. The ...
Cub Energy Inc. ("Cub", or the "Company") (TSX-V: KUB) announces the Rusko-Komarovske-22 ("RK-22") development well, on the Rusko-Komarovske ("RK") licence, in western Ukraine has tested gas at a maximum rate flow rate of 2.5 million cubic ...