E.ON SE today closed the transaction to acquire 24.5 percent of MPX’s equity from Eike Batista, owner and CEO of EBX. E.ON acquired 141,544,637 shares of MPX stock for a minimum price of R$10.00 (€3.921) per share plus up to a further R$ 1 (€0.391) per share depending upon the final […]
MGM Energy Corp. (”MGM Energy” or the “Company”) (TSX:MGX) announced today that it has surrendered to the Crown its exploration licences (”EL”) in the Mackenzie Delta region. Effective May 29, 2013, MGM Energy has surrendered to the Crown EL456, EL457, EL458 and EL459, currently scheduled to expire in January 2016, and […]
Gulf Keystone notes today’s announcement by Genel Energy plc (”Genel Energy”), regarding a commercial oil discovery at the Ber Bahr-1 exploration well on the Ber Bahr block in the Kurdistan Region of Iraq.
Hallin Marine, a Superior Energy Services company, announces its return to the Natuna gas field off Indonesia. The project, for a major engineering procedure construction, installation and commissioning contractor, will be executed using the Ullswater subsea operations vessel. Total project value is approximately US$6 million.
Crocotta Energy Inc. (”Crocotta” or the “Company”) (TSX:CTA) is pleased to announce the following:
Together with its partners, Statoil has submitted its plan for the development and operation (PDO) of the Delta 2 field in the North Sea.
Technip was awarded a significant contract(1) comprising technology, engineering services and supply of core equipment for Abu Dhabi Oil Refining Company – Takreer’s new coke calcination unit. This new unit is part of the Carbon Black & Delayed Coker project being implemented adjacent to Takreer’s existing Ruwais refinery located in […]
SPOKANE, Wash., May 29, 2013 /PRNewswire/ – Daybreak Oil and Gas, Inc. (OTCBB: DBRM) (”Daybreak” or the “Company”), a Washington corporation, is pleased to announce the results of the fourth and fifth wells in the current drilling program at the East Slopes Project in Kern County, California. The Sunday #6 well was […]
The Gryphon FPSO is back in production following a major overhaul of the vessel. Once all the associated fields are fully operational over the coming months, production will ramp up in excess of 20,000 barrels of oil equivalent a day (boepd). Production from Gryphon is expected to continue for the next […]
Rosneft signed a cooperation agreement with INPEX CORPORATION (INPEX) to jointly explore license offshore blocks Magadan-2 and Magadan-3 in the Russian section of the Sea of Okhotsk. Estimated recoverable resources of the two blocks stand at 1,577 million tonnes of oil equivalent.