2014

Baker Hughes Incorporated confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction. These discussions may or may not lead to any transaction. Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it otherwise …

Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to announce the appointments, effective immediately, of Andrey Komarov and Yulia Lebedina, both as non-executive directors of the Company. Mr Komarov is a very experienced Russian oil and gas professional having held senior managerial positions with a number …

Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, announces that Sistema’s Board of Directors has carefully considered and decided not to appeal the decision of the Arbitrazh (Commercial) Court of the City of Moscow dated November 7th , 2014, which ruled that shares of JSOC …

The Society of Petroleum Engineers recognized regional members for service and leadership at an awards ceremony at its inaugural Caspian Technical Conference and Exhibition (CTCE) this week. The award recipients for Russia and the Caspian are: · Completions Optimisation and Technology Award: Sergei Vereschagin, Schlumberger · Distinguished Achievement Award for …

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, provides the following updates. Drilling operations on VM Well #3 As announced with the Interim Results on 15 September 2014 drilling operations on the VM #3 well on the Vostochny Makarovskoye (“VM”) …

Condor Petroleum Inc. is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three and nine months ended September 30, 2014, together with the related Management’s Discussion and Analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor …

National Oilwell Varco, Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on December 19, 2014 to each stockholder of record on December 5, 2014. National Oilwell Varco is a worldwide leader in the design, manufacture and …

Drillmec S.p.A. – a worldwide leader in the production of drilling equipment – held a technical conference «Drillmec On-shore/Off-shore Technological Innovation and Services: Ahead and HoD» at the Baltschug Kempinski Hotel in Moscow on the 28th of October 2014. The conference was attended by more than 60 representatives from different …

Drillmec S.p.A. – a worldwide leader in the production of drilling equipment – held a technical conference «Drillmec On-shore/Off-shore Technological Innovation and Services: Ahead and HoD» at the Baltschug Kempinski Hotel in Moscow on the 28th of October 2014. The conference was attended by more than 60 representatives from different …

Shelton Petroleum’s total oil production in October 2014 amounted to 25,250 barrels, equivalent to 815 barrels per day. The table below summarizes the production broken down by oil field. Oct 2014 Oct 2013 Jan-Oct 2014 Jan-Oct 2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 9,580 11,060 104,621 104,065 126,565 119,950 Rustamovskoye 15,670 …