Tethys Petroleum: Q2 Results – Gas Revenue Up 137%
Tethys Petroleum Limited today announced its Results for the quarter ended June 30, 2015. Q2 Financial Highlights (all figures reported in USD millions) — Oil and gas revenue of USD6.8m (2014: USD7.1m) — Gas revenue increased 137% to USD4.8m (2014: USD2.0m) — Production expenses USD4.2m (2014: USD3.2m) — G&A expenses …
RN-Brazil: Participates in the 13th Licensing Round Organized by the ANP
RN-Brasil, Rosneft subsidiary, registered as a participant in the 13th license round organized by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil). The registration is subject to the approval of ANP and will allow the Company to take part in the license round and obtain geological data …
Rosneft Acquires a Russian Oilfield Service Company from Trican Well Service Ltd.
A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareholding in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within …
Pacific Energy Development Announces 2nd Quarter and Six Month Results With Production Increasing Approximately 48% and Over 100% for Respective Periods
PEDEVCO Corp. d/b/a Pacific Energy Development(NYSE MKT: PED) reported results from the second quarter and six months ended June 30 today and confirmed that drilling of seven new horizontal wells in its Wattenberg acreage in which the Company has a 25% working interest has commenced by a third party operator. …
Gazprom Neft Reports IFRS Financial Results for 1H 2015
Gazprom Neft has published its consolidated financial results for 1H 2015, prepared in accordance with International Financial Reporting Standards (IFRS). The 1.4% year-on-year decline in revenues (including duties)* was due to a drop in prices for oil and oil products on global markets. In spite of this, the growth in hydrocarbon production and sales volumes via premium channels drove a 12% increase …
Rosneft Increased Production Drilling Volumes by 27% in 7 Months
Rosneft increased technical drilling volumes at the Company’s production assets by 27% in 7 months of 2015. Based on the January through July 2015 results the overall drilling progress accounted to 4.585 mln m, whilst during the same period of 2014 the figure was 3.605 mln m. Efficient technical drilling …
JSC KazMunaiGas Exploration Production
1H 2015 Financial Results JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces condensed consolidated interim financial statements for the six months ended 30 June 2015. • Net profit for the first six months of 2015 was 2.9bn Tenge (US$16m1) compared with 210bn Tenge (US$1,193m) in the same period of …
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 …