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Publication: Energy-pedia

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Australia: Falcon Oil & Gas announces purchase of Sweetpea's 24% minority interest in subsidiary Falcon Oil & Gas Australia

Falcon Oil & Gas has executed a conditional agreement with Sweetpea Petroleum, a wholly-owned subsidiary of PetroHunter Energy Corp, to acquire its 50 million shares or 24.22% interest in Falcon Oil & Gas Australia (FOGA).FOGA is a subsidiary of Falcon ... [Published Energy-pedia - May 24 2013]

Entities: Falcon Oil & Gas Ltd, Australia, Stocks

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Colombia: Petroamerica tests light oil from its Curiara-1 exploration well in Colombia

Petroamerica Oil Corp, a junior oil and gas company operating in Colombia, has announced an oil discovery with its Curiara-1 well, which tested light 40 API oil at an average rate of more than 800 barrels of oil per day (bopd) from the Mirador Format ... [Published Energy-pedia - May 24 2013]

Entities: Colombia, Gacheta (Colombia), Petroamerica Oil Corp

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Australia: 3D Oil awarded permit adjacent Thylacine gas field

T/49P lies adjacent to the Thylacine and Geographe gas fields which have a combined gas in place (GIP) of over 2 TCF while the former is the largest gas discovery in the Otway Basin.The evaluation of T/49P undertaken by TDO included a review of the existing ... [Published Energy-pedia - May 24 2013]

Entities: Thylacine, 3D Oil Limited, Australia

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Xtract Energy Plc

Xtract Energy announces final results - updates operations

AIM-listed Xtract Energy has announced its audited results for the year ending 31 December 2012 and provided an update on operations. 2012 was a year of reorganisation and consolidation for Xtract in which it: Commenting, Colin Bird, Chairman of Xtract, ... [Published Energy-pedia - May 24 2013]

Entities: Xtract Energy Plc, Xtract, Colin Bird

First reported May 23 2013 - Updated May 24 2013 - 1 reports

Parkmead Group announces recommended all-share offer for Lochard Energy Group

Under the terms of the Acquisition, Scheme Shareholders will be entitled to receive 0.385 Parkmead Consideration Shares for each Scheme Share held at the Scheme Record Time.Based on the Closing Price of a Parkmead Share of 12.625 pence on 22 May 2013 ... [Published Energy-pedia - May 23 2013]

Entities: Parkmead Group PLC, Mergers & Acquisitions, Lochard Energy Group PLC, Stocks, Henderson Glob Invs Ltd

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Hungary: Falcon Oil & Gas commences fully carried multi-well drilling operation in the Mako Trough, Hungary

Falcon Oil & Gas has announced that further to its press release dated 14 January 2013, NAFTNA INDUSTRIJA SRBIJE (NIS), a Serbian oil and gas company, has executed a drilling contract with Germany-based drilling company DrillTec Grossbohr- und Umwelttechnik ... [Published Energy-pedia - May 24 2013]

Entities: Falcon Oil & Gas Ltd, Hungary, Algyo (Hungary)

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Statoil ASA

Norway: Statoil awarded drilling permit for well 6608/11-8 in PL128

The drilling programme for well 6608/11-8 relates to drilling of an appraisal well in production licence PL128. Statoil is the operator with an ownership interest of 63.95 per cent. The licensees are Petoro with 24.55 per cent and Eni Norge with 11.50 ... [Published Energy-pedia - May 24 2013]

Entities: Statoil ASA, Norway, Eni Norge A/S, Petoro

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Iraq: Gazprom tenders to drill six oil wells at Iraq's Badra field

Russian state oil producer Gazprom Neft has issued a new tender to drill six oil wells at the Badra oil field in eastern Iraq, the company said on its web site. Gazprom has set June 13, 2013 as a closing date for receiving offers.The Gazprom consortium, ... [Published Energy-pedia - May 24 2013]

Entities: Gazprom OAO, Iraq, Türkiye Petrolleri AO, Oil Field

First reported May 23 2013 - Updated May 23 2013 - 1 reports

UK/Norway: Bridge Energy reports Q1 results - updates operations

Bridge Energy, the Oslo Brs and AIM listed oil and gas exploration and production company, has announced its Q1 trading update for the period ended 31 March 2013. A summary of the Company's Q1 Quarterly Report is highlighted below. The full detailed report, ... [Published Energy-pedia - May 23 2013]

Entities: Bridge Energy ASA, Norway, United Kingdom, Tom Reynolds, Quarterly Report

First reported May 23 2013 - Updated May 23 2013 - 1 reports

TGS announces new multi-client surveys and partnerships at its 2013 Capital Markets Day

TGS is hosting its 2013 Capital Markets Day today (Thursday) in London, United Kingdom. The prepared program begins at 14:00 BST (GMT +1) and will include presentations from the TGS Executive Management team.Announcements will be made on three new su ... [Published Energy-pedia - May 23 2013]

Entities: Capital Markets, US Securities and Exchange Commission, Management Team

First reported May 23 2013 - Updated May 23 2013 - 1 reports

PNG: Horizon Oil announces strategic alliance with Osaka Gas in Papua New Guinea

The sale marks the beginning of a 60/40 strategic alliance between Horizon Oil and Osaka GasAt Horizon Oil's annual general meeting on 22 November 2012, shareholders were advised of the board's intention to sell part of the Company's PNG position in view ... [Published Energy-pedia - May 23 2013]

Entities: Osaka Gas Co Ltd, Horizon Oil Ltd, Papua New Guinea, Liquefied Natural Gas, Lazard Ltd

First reported May 23 2013 - Updated May 23 2013 - 1 reports

Vietnam: Pan Pacific Petroleum preparing to drill in Vietnam

Pan Pacific Petroleum has advised that the 'Ocean General' semi-submersible drilling rig is now on tow to Block 121 to drill the Whale Prospect as well Ca Voi-1X. The well is expected to spud during the first week of June.Participating interests in Block ... [Published Energy-pedia - May 23 2013]

Entities: PAN PACIFIC PETROLEUM NL, Vietnam, Origin Energy Ltd, Premier Oil plc

Quotes

...2012 was a year of reorganisation and consolidation for Xtract in which it: Commenting, Colin Bird, Chairman of Xtract, said: "Having completed a very challenging 2012, we are now in a position to look forward. The Board is evaluating many opportunities in the resources sector and are confident that 2013 will be a transitional year for the business. Our primary focus is on suitable assets which will ultimately deliver shareholder value. We would like to thank our shareholder for their continued support and look forward to updating you in due course."

Xtract Energy announces final results - updates operations [Published Energy-pedia - May 24 2013]

...Any revenue from the initial three well program will be shared 50:50 between Falcon and NIS. Philip OQuigley, CEO of Falcon commented: "We are delighted to announce the commencement of drilling operations in Hungary. The partnership with NIS has been excellent over the last few months and we now are looking forward to exploring the further hydrocarbon potential of the Mak trough" . About the Algyo

Hungary: Falcon Oil & Gas commences fully carried multi-well drilling operation in the Mako Troug ... [Published Energy-pedia - May 24 2013]

...The Share Purchase is also subject to TSX Venture Exchange approval. "We are delighted with this opportunity to consolidate further our interest in our significant asset in the Beetaloo Basin, Northern Territory, Australia. We remain absolutely confident and excited by the resource potential of the Beetaloo Basin and are hopeful that Hess will make a positive election to participate in the planned drilling campaign."

Australia: Falcon Oil & Gas announces purchase of Sweetpea's 24% minority interest in subsidiary ... [Published Energy-pedia - May 24 2013]

...3D Oils Managing Director Noel Newell commented "Since completing the VIC/P57 farmout, the Company has been seeking opportunities to leverage our competitive knowledge advantage in the region and to broaden our portfolio. Gaining a foothold in the eastern Australian gas markets has long been a strategic goal for TDO. This is a significant step towards this goal. Our team have performed well in identifying, evaluating and now securing the T/49P opportunity. It will strongly complement our West Seahorse oil development and the related oil-focussed exploration in our VIC/P57 permit."

Australia: 3D Oil awarded permit adjacent Thylacine gas field [Published Energy-pedia - May 24 2013]

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Xtract Energy announces final results - updates... [Published Energy-pedia - May 24 2013]
Hungary: Falcon Oil & Gas commences fully carri... [Published Energy-pedia - May 24 2013]
Australia: Falcon Oil & Gas announces purchase ... [Published Energy-pedia - May 24 2013]
Colombia: Petroamerica tests light oil from its... [Published Energy-pedia - May 24 2013]
Australia: 3D Oil awarded permit adjacent Thyla... [Published Energy-pedia - May 24 2013]
Norway: Statoil awarded drilling permit for wel... [Published Energy-pedia - May 24 2013]
Iraq: Gazprom tenders to drill six oil wells at... [Published Energy-pedia - May 24 2013]
UK/Norway: Bridge Energy reports Q1 results - u... [Published Energy-pedia - May 23 2013]
TGS announces new multi-client surveys and part... [Published Energy-pedia - May 23 2013]
PNG: Horizon Oil announces strategic alliance w... [Published Energy-pedia - May 23 2013]
Parkmead Group announces recommended all-share ... [Published Energy-pedia - May 23 2013]
Vietnam: Pan Pacific Petroleum preparing to dri... [Published Energy-pedia - May 23 2013]
Australia's Horizon Oil requests trading halt a... [Published Energy-pedia - May 23 2013]
US: Strike Energy secures funding for US drilli... [Published Energy-pedia - May 23 2013]
Australia: MEO awarded Bonaparte Basin Explorat... [Published Energy-pedia - May 23 2013]
Norway: Core Energy acquires two field interest... [Published Energy-pedia - May 22 2013]
Spain: DMT completes 3D seismic for Union Fenos... [Published Energy-pedia - May 22 2013]
UK: Alkane Energy announces acquisition of CMM ... [Published Energy-pedia - May 22 2013]
Namibia: Chariot Oil & Gas announces first rene... [Published Energy-pedia - May 22 2013]
Ireland: Fastnet Oil & Gas provides operational... [Published Energy-pedia - May 22 2013]
Mexico: Halliburton sees Mexico's PEMEX reducin... [Published Energy-pedia - May 22 2013]
Thailand: Pan Orient Energy announces L53-DC3 o... [Published Energy-pedia - May 21 2013]
US: Laredo Petroleum announces $438 million sal... [Published Energy-pedia - May 21 2013]
Ukraine: Kulczyk Oil Ventures encounters four p... [Published Energy-pedia - May 21 2013]
Norway: Det norske announces first oil producti... [Published Energy-pedia - May 21 2013]
Tangiers Petroleum appoints Joint UK Broker [Published Energy-pedia - May 21 2013]
Brazil: Premier Oil awarded three blocks in Bra... [Published Energy-pedia - May 21 2013]
Cameroon: Kosmos Energy's Sipo-1 exploration we... [Published Energy-pedia - May 21 2013]
Sweden: Gotland Oil merges with Gripen Gas [Published Energy-pedia - May 20 2013]
Australia: IPB Petroleum increases Browse Basin... [Published Energy-pedia - May 20 2013]