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Press Releases / Latest Oil and Gas Company News

Exciting Year Beckons for Manitok Energy - Drilling Results

Jan 30, 2012 at 15:53

Manitok Energy Inc. (TSXV:MEI) is a public oil and gas exploration and development company focusing on conventional oil and gas reservoirs in the Canadian foothills. In 2011 they drilled their…

Petrobakken Reshuffle Debts with Closing of Senior Unsecured Notes Offering

Jan 30, 2012 at 15:50

Petrobakken Energy Ltd. (TSX:PBN) announced that they have closed their previous  private placement offering of senior unsecured notes in an aggregate principal amount of US$900 million, resulting in net proceeds…

Horizon Oil increases acreage position in PNG

Jan 24, 2012 at 09:38

Horizon Oil is pleased to advise that it has executed a farm-in agreement with Eaglewood Energy Inc. to earn a 25% interest in PPL 259 in Western Province, Papua New…

CNOOC Limited Announces Business and Development Strategy for 2012

Jan 19, 2012 at 13:42

On Jan. 18, 2012 CNOOC Limited, China’s largest oil company, announced a summary of their development plans and strategy for 2012. CNOOC Ltd produced an estimated 331 – 332 million…

Chevron Abandons Search for Missing Contractors at Nigerian Rig

Jan 19, 2012 at 13:34

Following the fire that broke out on Monday on a shallow water rig at Chevron’s Funiwa oil facility in southeast Nigeria. The company has had to call off its search…

Energy Transfer Partners LP Finalise $2.85 billion Deal with AmeriGas LP

Jan 17, 2012 at 13:33

Last week Energy Transfer Partners LP (ETP) declared that the previously announced sale of its propane operations to AmeriGas Partners LP (APU) has finally been completed. AmeriGas Partners LP received…

Petro Harvester Oil and Gas Purchase a Further 138 Oil and Gas Wells

Jan 17, 2012 at 13:31

Petro Harvester Oil and Gas, an exploration and production company focused on acquiring and operating conventional oil and gas producing properties and backed by affiliates of TPG Capital (a leading…

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