Oil & gas news
Canacol announces acquisition
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 spuds first of its vertical wells in the Illinois Basin
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.
Flexlife announces increased revenue and profit
Flexlife has demonstrated enhanced business growth in its annual results for the year ending 31 March 2014.
VAALCO resumes production in Gabon following wireline remedial work
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 updates Perth Basin exploration and appraisal activities
AWE Limited has provided an update in relation to exploration and appraisal activities in Perth Basin, onshore Western Australia.
Lundin receives consent for exploration drilling
Lundin has received consent to carry out exploration drilling of well 16/4-9 S.
Continental Resources announces revised 2015 capital budget and guidance
Continental Resources, Inc. today announced a revised 2015 non-acquisition capital expenditures budget of US$2.7 billion.
Gazprom Neft’s Eastern Siberia fields sets world record
Gazprom Neft has successfully carried out uninterrupted electrical prospecting at the Tympuchikansky and Vakunaysky blocks in Eastern Siberia.
Statoil raises US$394 million from Marcellus asset
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 buy shares for NOK 95 Million
Aker Solutions employees bought shares for about NOK 95 million as part of annual programs for staff and managers.