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Exploration

 

Rockdale acquires oil service company

Rockdale Resources Corp. has reported the signing of a Share Exchange Agreement with Askarii Resources, LLC, a Houston based Service Company.

 
 

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Ardyne acquires Wellbore AS

The new oilfield services company, Ardyne, has been launched with £50 million backing from Lime Rock Partners and has made its first acquisition.

 

Baobab Marine-1 well drilling commences

SOCO has reported that the Baobab Marine-1 commitment well commenced drilling on 5 February 2016 in the Mer Profonde Sud Block, located in the Lower Congo Basin, offshore the Republic of Congo.

 

Sound Energy to acquire interest in Moroccan permit

Sound Energy has stated that it has signed a binding agreement with OGIF whereby OGIF has granted Sound Energy an option to acquire a 55% interest in the Meridja permit, onshore Morocco.

 
 
 
 

Statoil awards NOK 1.6 billion contracts

Statoil has awarded contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog, which have a combined value of approximately NOK 1.6 billion.