Riverstone Energy is “well positioned to take advantage of opportunities”.
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Securing a 'significantly larger' financing package for Nigeria appraisal and development programmes remains the main priority for COPL.
Faroe is taking a 25% stake in a US$15mln well which will test two separate targets - one exploration, one appraisal - in an area close to the boundary between UK and Norwegian waters
Equipment for the programme is arriving onsite ahead of drilling, which could start next month
SAE has revealed it is already in discussions with plant owners and operators in Europe, Australia, Asia and the USA, with respect to future conversions
An Indian high court has granted Gujarat State Petroleum Corporation a temporary order preventing Oilex from transferring the former’s participating interest in the Cambay Field project into its own name
Jamaica’s first 3D seismic programme covered 2,250 square kilometres of the massive 32,065 square kilometer Walton Morant licence.
The well pad is presently under construction and the rig is now on the way
Drilling on the Venturini-Ginochio #3 well gets underway this week
Gas sales from the Romanian project will represent an important milestone as the company seeks to deliver growth outside of Tunisia, where operations have been impacted by unrest
"I am pleased to report that we now have drilled the first seven wells of the ten well programme,” said Paul Baay, Touchstone chief executive
Faroe told investors that first half production averaged 12,402 boepd, with the current rate at around 15,200 boepd
The oil & gas engineering services provider said the order was to supply and rent the connector to Oceaneering A/S, Norway to re-connect to a temporarily abandoned well
The oil & gas firm said Cadogan Ukraine had been certified as compliant with ISO 14001:2015 and ISO 45001:2018
The boiler technology group said it may need further cash unless it can convert more opportunities into sales to achieve its monthly break-even target by the end of 2018
The Range Resources Drilling Services Limited unit is going to drill a well for Trinidad neighbour Touchstone Exploration
The investment group said that a set of financial forecasts from DA in September 2017 had been contingent on the company raising US$10mln in funds, which had not been completed
"The extent and excellence of work completed by Conrad in conjunction with Lemigas is extremely pleasing,” said Tom Kelly, Empyrean chief executive
“Recent quarterly results have come in below our expectations,” Morgan Stanley analysts said in a note
"The decision of the committee is clearly disappointing given that the application had been recommended for approval,” said Mark Abbott, managing director of project operator Egdon Resources
Target now is 1,000 barrels per day and to generate cash flow
Results were the best yet for the oil junior, said chief executive Gil Holzman
James is a recognised expert in the field of corporate governance, finance, accounting and control, with extensive industry experience.
Crude prices strengthened in the second quarter while natural gas prices were mixed
The company, which holds its AGM today, wants to start a full commercial development project in 2019