Bill Barrett, Fifth Creek to merge into DJ basin-focused E&P

Bill Barrett Corp., Denver, and Fifth Creek Energy Co. LLC, Denver, have agreed to merge in a deal valued at $649 million creating an oil- and natural gas liquids-weighted firm with a combined 151,100 net acres focused on rural areas in the Denver-Julesburg basin. The deal includes shares plus the assumption of as much as […]


07 Dec 2017 14:56:05 EST – The latest stock information is now available for your stocks

XOM    Last 82.465  Change +0.185   % Change 0.22%   Volume 5,763,143   As of: 7 Dec 2017 14:56:05 EST   View: Stock Quote |  News   CVX    Last 119.28  Change –0.33   % Change 0.28%   Volume 2,918,479   As of: 7 Dec 2017 14:56:05 EST   View: Stock Quote |  News   COP    Last 50.52  Change +0.14   % […]


State, federal lease sales in Alaska produce contrasting results

The State of Alaska received a record $121 million in winning bids as 143 companies and investors sought leases in its annual North Slope lease sale on Dec. 6. The US Bureau of Land Management offered 900 tracts covering a record 16,100 sq miles within the National Petroleum Reserve-Alaska the same day and received 7 […]


Pruitt affirms ‘back to basics’ agenda is under way at EPA

US Environmental Protection Agency Administrator E. Scott Pruitt told a House Energy and Commerce Committee subcommittee that EPA is moving forward on refocusing the agency on its core mission: restoring power to states through cooperative federalism and improving policy processes while adhering to the rule of law. Source: News


Airborne seismic survey launched for southern Gulf of Mexico

CGG will complete as many as five additional areas in the southern Gulf of Mexico through 2018. The program will total 200,000 line-km of multiclient airborne gravity and magnetic survey. The company completed its first area, AOI 1, in December 2016 and has processed and interpreted about 38,000 line-km over the gulf’s Perdido foldbelt. Source: […]


Erin Energy targets Miocene offshore Nigeria, Oyo field

Erin Energy Corp., Houston, expects a 60-day drilling and logging window at its Oyo North West (Oyo-NW) well, which the company spudded on Dec. 6 on its oil mining lease (OML) 120 block offshore Nigeria. Source: News


07 Dec 2017 13:55:25 EST – The latest stock information is now available for your stocks

XOM    Last 82.61  Change +0.33   % Change 0.4%   Volume 4,853,546   As of: 7 Dec 2017 13:55:26 EST   View: Stock Quote |  News   CVX    Last 119.61  Change unch   % Change unch   Volume 2,552,987   As of: 7 Dec 2017 13:55:26 EST   View: Stock Quote |  News   COP    Last 50.43  Change +0.05   % […]


Po Valley logs gas producer in Selva field revival

Po Valley Energy Ltd., Perth, plans to complete its Selva gas field Podere Maiar 1 dir (PM1) well in mid-December with production planned for January 2018. As part of the operator’s plan to revive Eni SPA’s former gas field in Northern Italy, Po Valley Energy drilled the PM1 to 1,330 m TD in the Pliocene. […]


License extended for block off Congo (Zaire)

Muanda International Oil Co., a subsidiary of Perenco, has reached an agreement with the government of Congo (former Zaire) extending by 20 years the license covering the Offshore DR Congo Block, reports partner Inpex Corp., Tokyo. Source: News


CNPC, Uzbekneftegaz start Karakul phase

A joint venture of China National Petroleum Corp. and Uzbekneftegaz has commissioned the first phase of its three-field Karakul natural gas development near Bukhara in south-central Uzbekistan.  Source: News