From NRT: SULAIMANI — Iraq exported a record level of oil for 2015 in March, reaching almost 92 million barrels per day (bpd), according to Iraqi Oil Ministry spokesman Asim Jihad. Up to 90 percent of the oil was exported through the southern Basra port, with the remaining 10 percent exported to the Mediterranean via the Ceyhan pipeline. March’s output was 15
From All Africa: By Obas Esiedesa An audit of report of the oil and gas industry has revealed that Nigeria earned a total of $62.9 billion in the year 2012. This is made up of $30.3 billion from crude oil and gas sales, $26.9 billion from taxes, royalties, rents and $5.6 billion as revenue flows to states, local governments and
From TASS: SIMFEROPOL, April 8. /TASS /. US-based company Schlumberger should keep all its Russian assets on the territory of the country if it has to leave Russia due to Western sanctions, Andrey Tsarikovsky, Deputy Chief of the Federal Antimonopoly Service (FAS) said Wednesday. This is Russia’s main condition for the activities of Schlumberger in the country, Tsarikovsky said. He
VAALCO Energy, Inc. is a Houston based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil. VAALCO places high emphasis on international opportunities and holds acreage in Gabon, Angola and Equatorial Guinea in West Africa. A total of 2,487,000 gross acres (902,000 net) are in EGY’s portfolio, with the majority (roughly 89%) located offshore.
Strategic Oil & Gas (ticker: SOG.TO), a Canadian exploration and production company based in Calgary, Alberta, announced year-over-year increases to both its production and proved + probable reserves in its Q4’14 earnings release. Volumes for fiscal 2014 averaged 3,462 BOEPD and 2P reserves reached 13.9 MMBOE, representing respective increases of 6% and 9%. The Marlowe formation, located in northern Alberta,
Memorial Production Partners LP Announces Secondary Public Offering of Common Units Memorial Production Partners LP (MEMP) announced today the commencement of an underwritten public offering of 4,661,663 common units representing limited partner interests owned by MRD Holdco LLC (MRDH). MRDH will receive all of the net proceeds from the offering. MRDH has granted the underwriters a 30-day option to purchase
Apache Corporation (NYSE, Nasdaq: APA) today announced an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. (BAM) (BAM-A.TO) (BAMA.NX) for cash payment of $2.1 billion. The transaction is expected to close mid-year 2015 and is subject to necessary government and regulatory
American Eagle Energy Corporation (NYSE MKT: AMZG) (“American Eagle” or the “Company”), announces its financial results for the fourth quarter ended December 31, 2014 and provides an update on its current liquidity. The Company filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission on March 31, 2015. Highlights Production of 238,140 barrels of oil equivalent
Breitling Energy Corporation (BECC) is preparing completion and fracking procedures on two wells in its farmout lease in the Permian Basin. The Hoppe “63” #1 well was recently drilled to a total depth of 8,600 feet. Electric and porosity logs indicate numerous pay zones in the stacked Permian formation including intersections with the Upper, Middle and Lower Wolfcamp, Albaugh, Triple
Story by NRT Iraq exported a record level of oil for 2015 in March, reaching almost 92 million barrels per day (bpd), according to Iraqi Oil Ministry spokesman Asim Jihad. Up to 90 percent of the oil was exported through the southern Basra port, with the remaining 10 percent exported to the Mediterranean via the Ceyhan pipeline. March’s output was 15 percent
Largest combination since the $80 billion Exxon+Mobil deal in 1998 Royal Dutch Shell (ticker: RDS.B) announced the recommended takeover of BG Group (ticker: BG) in a 75-page release issued on April 7, 2015. The cash-and-share purchase valued at roughly $70 billion – the largest proposed oil and gas deal since Exxon’s (ticker: XOM) $80 billion acquisition of Mobil in 1998.
AWE has successfully completed the tie-back of well offshore of New Zealand Australia’s AWE Limited (ticker: AWE) announced that it has completed the subsea tie-back and installation to connect the Pateke-4H development well to the Tui area oil fields gathering system. The company began flow testing the well to determine the optimal well settings. According to the company’s press release,
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
