Tethys: To Continue Exclusive Period with AGR Energy, Board Won’t Pursue Nostrum Offer
Tethys Petroleum Limited refers to its announcement dated July 13, 2015 confirming the approach made earlier that day by Nostrum Oil & Gas PLC (“Nostrum”) to the board of directors of Tethys (the “Board”) regarding a possible offer for the entire issued share capital of Tethys (the “Possible Offer”). The …
Tethys: To Continue Exclusive Period with AGR Energy, Board Won't Pursue Nostrum Offer
Tethys Petroleum Limited refers to its announcement dated July 13, 2015 confirming the approach made earlier that day by Nostrum Oil & Gas PLC (“Nostrum”) to the board of directors of Tethys (the “Board”) regarding a possible offer for the entire issued share capital of Tethys (the “Possible Offer”). The …
Dragon Oil: Aiming for 100,000 bopd Average Daily Production in 2015
Dragon Oil plc, an international oil and gas exploration, production and development company, today issues the following trading statement, which includes an operational update and financial highlights for the six months’ period ended 30 June 2015. All information referred to in this update is unaudited and subject to further review. …
Rosneft and Statoil Completed Pilot Drilling at the North Komsomolskoye Field
Rosneft and Statoil ASA completed drilling works as part of the Pilot Project at the PK1 layer of the North Komsomolskoye field. During 2015 the companies jointly drilled 2 horizontal exploitation wells. Using best global practices Rosneft and Statoil ASA implemented extended logging, including core and fluid samplings. Also, for …
Nostrum Oil & Gas: Approaches Tethys Petroleum
Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”) announces that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy, Nostrum has made a further approach to the Board of Tethys regarding a possible offer for the entire issued share capital of Tethys. Additionally, …
Nostrum Oil & Gas: Approaches Tethys Petroleum
Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”) announces that, following the recent announcements by Tethys regarding its strategic collaboration with and financing by AGR Energy, Nostrum has made a further approach to the Board of Tethys regarding a possible offer for the entire issued share capital of Tethys. Additionally, …
Tethys Petroleum: Nostrum Declares Buyout Interest
Tethys Petroleum Limited acknowledges the announcement made today by Nostrum Oil & Gas PLC (“Nostrum”) regarding its approach to the Board of Directors of Tethys regarding a possible offer for the entire issued share capital of Tethys. Tethys confirms that such an approach from Nostrum has been received. There can …
Max Petroleum: AGR Energy Invests $13.8m Plus Further Loan Capital
Max Petroleum announces a conditional cash subscription by AGR Energy to raise US$13.8 million (£8.98 million) before expenses for 3,834,590,973 new Ordinary Shares at a price of 0.2341 pence per share such that AGR Energy will hold 63.8% of the Enlarged Issued Share Capital immediately following completion of the Subscription. …
Dragon Oil: Producing 92,000 bopd in 1H
Dragon Oil plc, an international oil and gas exploration, development and production company, today publishes an update on the drilling activity and production numbers for 1H and June 2015 in the Cheleken Contract Area, Turkmenistan, and exploration activity in Block 9 in Iraq. · Average gross production of approximately 92,060 …
Novatek: 1H Gas Production Up 10.8%, Combined Liquids Up 59.3%
OAO NOVATEK reported today preliminary operating data for the second quarter and first half 2015. In the second quarter 2015, NOVATEK’s marketable production totaled 16.89 billion cubic meters (bcm) of natural gas and 2,198 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in natural gas …