Pennsylvania’s shale gas, affordable prices, preferred over Russian gas Representatives from about 15 European embassies were in attendance during a recent meeting of the Williamsport-Lycoming Chamber of Commerce to discuss lifting the ban of exports of U.S. crude oil and natural gas, and to tour a Halliburton (ticker: HAL) facility in Pennsylvania, reports The PA Media Group. Many of them
Core Lab (ticker: CLB) only company capable of generating EOR data at 20,000+ PSI in GOM Deepwater Plays Core Laboratories (ticker: CLB), a global leader in reservoir description, production enhancement and reservoir management services, announced the purchase of Sanchez Technologies in an all-cash transaction on June 22, 2015. Terms were not disclosed. Sanchez Technologies, based in France, designs and manufactures
TransGlobe Energy Corporation Mid-Quarter Update for Q2 2015 TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) provides an update for the second quarter of 2015. All dollar values are expressed in United States dollars unless otherwise stated. HIGHLIGHTS Q2 production averaging ~15,000 Bopd to date (~9% above Q2 guidance). Completed the sale of 544,752 barrels of entitlement oil to
Chinook Energy Inc. Announces Amended Credit Facility Chinook Energy Inc. (TSX:CKE) (“Chinook” or the “Company”) today announced its amended credit facility following the completion of the semi-annual review of its facility by its bank syndicate. The amended credit facility provides a borrowing base of $75 million, down from $125 million, primarily as a result of significantly reduced commodity pricing and
Story by The Wall Street Journal Boeing Co. on Tuesday said chief executive W. James McNerney will step down on July 1, to be succeeded by chief operating officer Dennis Muilenburg. Mr. McNerney, 65, has reached Boeing’s mandatory retirement age. He will continue his role as chairman of the board and work as an employee until he retires at the
The Russian oil and gas industry sees prices remaining stable at ~$60-$65 per barrel During the St. Petersburg International Economic Forum, Lukoil (ticker: LKOH) CEO Vagit Alekperov said that he expects oil prices to remain relatively stable moving forward. When asked where he saw oil prices going by the end of 2015 he said, “I think it will range from
WPX Energy (ticker: WPX) added 14,300 net acres to its San Juan Basin asset on June 22, 2015, increasing its overall position in the region to 100,000 net acres. WPX believes it holds 500 gross drilling locations across the Gallup oil window, including approximately 100 new locations from its recent acquisition. The assets were purchased from an undisclosed buyer for $26
Crude oil imports from the Americas reducing share of Iraqi crude imports by the U.S. Imports of Iraqi crude oil fell to 77 MBOPD in the week ended June 12, 2015, down 170 MBOPD from the previous week. Increased imports of medium- and heavy-grade crude oil from Canada and Latin America is putting more pressure on imports of Iraqi oil,
TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TGL.TO) (TGA) provides an update for the second quarter of 2015. All dollar values are expressed in United States dollars unless otherwise stated. HIGHLIGHTS Q2 production averaging ~15,000 Bopd to date (~9% above Q2 guidance). Completed the sale of 544,752 barrels of entitlement oil to a third party buyer for net proceeds of
Vantage Drilling Company (“Vantage or the “Company”) (NYSE MKT: VTG) announced today that it has retained Lazard Freres & Co. LLC to advise the Company with respect to financing and strategic opportunities. The Board of Directors has retained Lazard to evaluate financing opportunities, strengthen and expand management’s analysis of the changing marketplace and provide an independent resource for evaluating the Company’s
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.
