Oil & Gas Operators

Tethys Petroleum Limited announces that, further to the letter of intent announced on November 9th, 2015, the Company has entered into an interim convertible financing facility of up to US$15 million with Olisol Petroleum Limited (“OPL”), a wholly owned subsidiary of Olisol Investments Limited (“Olisol”). The Interim Financing Facility is …

Caspian Energy Inc. announces today that its wholly-owned subsidiary, Aral Petroleum Capital LLP (“Aral”), has produced positive results after completing a period of test production on two existing wells at its East Zhagabulak field in Aktobe Oblast, Kazakhstan. After approximately 10 months of inactivity, Aral operating staff performed basic geological …

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of October 2015 (“the Period”). · Our average daily production[1] was 15,437 bbl/day during the period. · Average daily …

Down 120,000 Barrels Per Day from September – Lowest Level Since May, Led by Production Declines in Saudi Arabia and Iraq Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.08 million barrels per day (b/d) in October, down 120,000 b/d from September, and the lowest level …

Following the recent shareholder approval of the agreement between Shelton Petroleum and Petrogrand, the development on the oil and gas market, depreciation of the Ukrainian currency and share price development in Petrogrand, Shelton Petroleum provides an update on several accounting items that affect the upcoming interim report. The items, which …

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, 2015, 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 …

The total production from the Komi oil fields Dinyu-Savinoborskoye, Sosnovskoye and Yuzhno-Tebukskoye in October 2015 amounted to 57,399 barrels of oil, corresponding to an average of 1,852 barrels of oil per day (a slight decrease of 4 per cent compared to 1,939 barrels of oil per day in September 2015). …

Tethys Petroleum Limited today announces its third quarter 2015 financial results and activity update. Financial Highlights – Loss for the period of USD3.7 million (Q3: 2014 USD2.4 million) – Basic and diluted loss per share of USD0.01 (Q3: 2014 USD0.01) – Oil and gas revenue of USD5.7 million (Q3 2014: …

Eurasia Drilling Company Limited (the “Company”) announced that it had agreed with certain members of the Company’s management team and certain significant shareholders (the “Participants”) the terms of a merger (the “Merger”) between the Company and EDC Acquisition Company Limited (“EACL”), a company formed by one of the Participants solely …

Upstream – Daily HC production increased by 1.4% up to 5.14 mboed in 9M 2015 – Increase in drilling meterage by 32.6% in 9M 2015. Share of horizontal wells in total fund exceeded 30% – Fourfold growth rate of 2D seismic resulted from active works in Arctic region – Sustainable …