Drilling & production - 23 December 2014

Lundin Petroleum AB has completed the drilling of wildcat well 33/2-1 on PL555 located 200km northwest of Florø on the Norwegian west coast.

Ithaca Energy Inc. has announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.

Dresser-Rand has released its 2015 training schedule, which includes a comprehensive list of product training programs.

Canacol has announced the acquisition of VIM 5 and VIM 19 contracts and the Clarinete gas discovery in the Lower Magdalena Valley of Colombia.

Strata-X Energy Ltd. has announced that it has begun drilling operations on the first of its planned vertical wells in its 100% owned Illinois Basin.

VAALCO Energy, Inc. has announced that production from Well 2-H in the Ebouri field, offshore Gabon, has resumed following successful wireline remedial work.

AWE Limited has provided an update in relation to exploration and appraisal activities in Perth Basin, onshore Western Australia.

Lundin has received consent to carry out exploration drilling of well 16/4-9 S.

Continental Resources, Inc. today announced a revised 2015 non-acquisition capital expenditures budget of US$2.7 billion.

Following a transaction with Southwestern Energy, Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset.

Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers.

BP and SOCAR sign an agreement to explore the shallow water around the Absheron Peninsula.

The oil price decline: PwC comments on the M&A and business impact.