TGS announces a second 2D seismic survey offshore Indonesia Southwest Sumatra (SMi10) in the forearc basin along the Sundaland Margin. The survey will add 2,700 km of new 2D data to infill the existing 6,900 km of multi-client data acquired in 2009. The previous seismic in the area has revealed a th
Hyperdynamics Corporation announced that it signed a contract with AGR Peak Well Management Limited, based in Aberdeen, Scotland, to manage its exploration drilling project offshore the Republic of Guinea. AGR will handle well construction project management services, including logistics, tendering
Det norske oljeselskap ASA has as operator in PL 341, found indications of gas in the Stirby Deep prospect in the Viking Graben in the North Sea, 75 km south of Sleipner. The well data indicates gas/gas condensate under high pressure in a 70 meters thick sandstone with low porosity at 4870 meters be
At a time when the economy has gone to “muck,” the Dredging industry is thriving, in large part due to a significant number of government contracts assigned to maintain the country’s waterways and lakes. And one local company is benefiting from the abundance of work: Cavache, a South Florida based d
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its outstanding EUR 1.1bn callable subordinated capital securit
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its outstanding EUR 1.1bn callable subordinated capital securit
Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that the Angklung-1 exploration well in the Bontang PSC, East Kalimantan, Indonesia, has been completed as an oil and gas discovery. Salamander is operator of the Bontang PSC with a 100% in
CNOOC Limited announced that Bridas Corporation (“Bridas”), a 50/50% joint venture between CNOOC International Limited (“CNOOC International”) and Bridas Energy Holdings (“BEH”), entered into a share purchase agreement with BP PLC(“BP”), pursuant to which Bridas will acquire 60% equity interest in P
Anadarko Petroleum Corporation today announced its third major natural gas discovery this year in the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect. The discovery well encountered a total of more than 550 net feet of natural gas pay in multiple high-quality Oligocene and Eocen
Sunergy, Inc. is pleased to announce that Alan Trees, Owner of Gold Dredge Builders Warehouse of Riggins, Idaho has joined the Sunergy Advisory Board. Mr. Trees has over 35 years’ experience in successfully building gold recovery equipment and dredges that operate effectively in the harshest environ
Noble Energy, Inc. announced that it received notice from the government of Ecuador regarding the termination of the Block 3 production sharing contract (PSC) with EDC Ecuador Ltd., a subsidiary of Noble Energy. A recently enacted hydrocarbon reform bill required that all existing PSCs be renegotiat
Greenland announced today that Maersk Oil has been awarded a licence covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km – about one fourth of the total size of Denmark. Nunaoil, Greenland’s national oil company, will be a partner with a 12.5% inte
Buccaneer Energy Limited announces that its executive team has made a series of presentations to the Alaskan Industrial and Development Export Authority (“AIDEA”) and directly to the AIDEA board in respect to AIDEA making a direct equity investment into the Company’s wholly owned subsidiary Kenai Of
Endeavour International Corporation today announces that its chief executive officer William L. Transier and chief financial officer Michael J. Kirksey are scheduled to present at two upcoming investor conferences: * The Canaccord Genuity Global Energy Conference in Miami on Tuesday, November 30, 20