Condor Announces 2015 Second Quarter Results
Condor Petroleum Inc. is pleased to announce the release of its Unaudited Interim Consolidated Financial Statements for the three and six months ended June 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 …
RN-Yuganskneftegaz: Appoint Khazan Tatriev as General Director
On August 11, Chairman of Rosneft Management Board Igor Sechin held a meeting at RN-Yuganskneftegaz to introduce the new top management team of the Company’s major production asset. Khazan Tatriev – formerly head of Samotlorneftegaz – is appointed General Director of the subsidiary, while SNG has had management rotation as …
PetroNeft: Horizontal Drilling Continues to Boost Numbers
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to provide an update on operations at Licence 61. Highlights West Lineynoye – L-10 horizontal well brought online at a sustained rate …
LukOIL: Produces Five Millionth Tonnes of Oil at the Yuri Korchagin Caspian Field
PJSC LUKOIL passed a 5 million tonnes (38.6 million barrels) mark in oil production at the Yuri Korchagin field in the Caspian Sea. Production at the field was launched in April 2010. Its proven oil reserves are 113 million barrels. In 2014, the field produced 1.5 million tonnes (11.3 million …
US Sanctions: Could Impact Shell’s Decision on Yuzhno-Kirinskoye and Sakhalin 3
Royal Dutch Shell’s plans to build a strategic alliance with Russia’s Gazprom could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday. Shell and Gazprom signed an agreement in June to develop a strategic alliance in the …
US Sanctions: Could Impact Shell's Decision on Yuzhno-Kirinskoye and Sakhalin 3
Royal Dutch Shell’s plans to build a strategic alliance with Russia’s Gazprom could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday. Shell and Gazprom signed an agreement in June to develop a strategic alliance in the …
SPD Drilled the 1000th Well
On 9th of August 2015 Salym Petroleum Development N.V. (SPD) drilled its 1000th well on the Salym group of fields since the execution of the Salym Project began in 2003. The anniversary well, 2880 meters deep, was drilled in West Salym by SSK, one of SPD’s drilling contractors. “This is …
Gazprom: Q2 Results – Sales Down but Offset by Positive Exchange Rates
Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2015. The table here presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS …
Tethys Petroleum: AGR Energy Deal Off, Board Considering Further Approach from Nostrum Oil and Gas
Tethys Petroleum Limited announces that the US$47.7 million financing with AGR Energy Holdings Limited (“AGR Energy”) and related clawback of shares by Pope Asset Management, LLC (the “Financing”) will not now proceed. The Board of Tethys has separately received a further approach from Nostrum Oil & Gas PLC (“Nostrum”) regarding …
Recommended Cash Offer by Emirates National Oil Company Ltd. For the Shares in Dragon Oil plc Not Already Owned by ENOC
Delisting On 2 August 2015, ENOC announced a revision to the original Offer price to 800 pence in cash for each Dragon Oil Share, declared the Offer unconditional in all respects and stated that it intended to procure the delisting of Dragon Oil shortly. The document containing the full terms …