Exploration

Pacific Exploration & Production Corp. has announced it is actively working with its creditors pursuant ensure the long-term viability of its business.

Partnership will deliver fracture geomechanics software solutions addressing completion efficiency and well space optimisation.

This marks the second discovery on the Rakhine Basin since the beginning of 2016.

Buru Energy Ltd has released an update on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

According to the 2016 BP Energy Outlook, global demand for energy is expected to increase by 34% between 2014 and 2035.

American Gilsonite Company Inc. has announced the appointment of David G. Gallagher as President and CEO, effective immediately.

Sparrows Group has announced it has expanded into Trinidad and Tobago, following an agreement to work in cooperation with Miguel Mechanical Services Ltd.

Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field.

Kosmos Energy discovered 450 billion m3 of gas at its Guembeul-1 exploration well, straddling the border between Senegal and Mauritania.

Essar Oil Ltd., India’s second largest private refiner, has reported results for the third quarter ended 31 December 2015.

MEO Australia Limited (ASX: MEO) has provided an update in relation to Block 9, onshore Cuba.

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

Philippe Baptiste has been appointed Senior Vice President, Scientific Development at Total, effective 1 February 2016.

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Rosneft and Statoil have announced the commencement of testing of two production wells of highly viscous oil of the PK1 layer of the North-Komsomolskoye field.