Canacol Energy Ltd. and ExxonMobil sign agreement for shale oil exploration project in Colombia

Canacol Energy Ltd. (”Canacol” or the “Corporation”) (TSX:CNE) (BVC:CNEC) is pleased to announce that its wholly owned subsidiary, Carrao Energy Sucursal Colombia (”Carrao Colombia”), has entered into a farm-out agreement (the “FOA”) with ExxonMobil Exploration Colombia Limited, a wholly-owned subsidiary of ExxonMobil Corporation (”ExxonMobil”) (NYSE:XOM) for the exploration of the Corporation’s non-operated VMM 2 exploration […]

AWE’s Evandra-2 drilling preparations

AWE Limited reports that at 0600 hours today operations have commenced at the Evandra-2 well site in preparation for side-tracking operations. The side-tracked well is planned to be drilled to an expected total measured depth of 2,380 metres.

Beach Energy announces growler field reserves upgrade by operator

Beach Energy Limited (ASX: BPT, “Beach”) advises that Senex Energy Limited (ASX:SXY, “Senex”), operator of the Growler oil field on the Western Flank of the Cooper/Eromanga Basin, has today announced a major reserves upgrade for the field in PEL 105/PRL15 (Beach 40%, Senex 60%).

Max Petroleum announces NUR-1 drilling update

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an update on drilling at the NUR-1 pre-salt well at the Emba B prospect on Block E. The well has reached the top of the Kungarian salt at a depth of 5,718 metres. Upon drilling into the salt, a high […]

SDRL- North Atlantic drilling confirms the order of a new harsh environment semi-submersible drilling rig

Oil and gas companies have increased their level of activity in harsh environment and arctic areas considerably during the last years. This has translated into a growth in demand for high specification rigs for operations and a tight supply demand balance in such areas. Continued strong market fundamentals including the recent exploration successes in harsh […]

Technip Awarded a Services Contract for a New Upgrader in Venezuela

Technip (Paris:TEC) was awarded a lump sum contract for the basic, front-end engineering design and the first phase of project management consultancy services for the Petrocarabobo upgrader(1), to be built in the Faja del Orinoco region, Venezuela. The final Client is PETROCARABOBO S.A.(2).

FTTN signs option to acquire experienced Oil & Gas Exploration Company

First Titan Corp. (OTCBB: FTTN) could be on the verge of acquiring a valuable new ally in its quest to explore and develop oil and gas resources in the U.S. Today, the company signed an option agreement to acquire Bedford Operating Co., the operating subsidiary of Bedford Energy, Inc., an exploration and production company that […]

CB&I awarded contract for oil sands project in Canada

CB&I (NYSE:CBI) announced today it has been awarded a contract, valued in excess of US$50 million, for an oil sands project in Canada. The scope of work primarily includes the assembly of coke drums and a fractionator tower. The work is expected to be complete in 2014.

EGPI Firecreek, Inc. signs letter of intent with U.K.-Based Cubo Energy, PLC for Drilling Programs

SCOTTSDALE, Ariz., April 3, 2012 /PRNewswire/ — EGPI Firecreek, Inc. (OTCBB: EFIR) announced today a Letter of Intent to prepare and conduct drilling programs aimed at the Barnett Formation in West Central Texas with U.K.-based Cubo Energy, PLC (”CUBO”).

Apache prices $3 billion notes offering

HOUSTON, April 3, 2012 /PRNewswire/ – Apache Corporation (NYSE, Nasdaq: APA) said today that it has priced $3 billion in aggregate principal amount of notes in a public offering consisting of $400 millionprincipal amount of 1.75% notes due in 2017, $1.1 billion principal amount of 3.25% notes due in 2022, and $1.5 billion principal amount of 4.75% notes due in 2043.