Oil & Gas Operators

Gazprom Neft Completes Drilling and Well Testing at the Dolginskoye Field

Dolginskoye field operator Gazpromneft-Sakhalin (a subsidiary of Gazprom Neft) completed testing of a well drilled at the Dolginskoye field, Pechora Sea, in summer 2014. The completion of geophysical and hydrodynamic testing will allow clarification of the underlying structure of the field and the development of a programme for its further …

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Oil & Gas OperatorsService Companies & Manufactures

Halliburton Seeking to Replace Baker Hughes Board after Merger Negotiations Stalled

Oilfield services provider Halliburton Co is seeking to replace the board of smaller peer Baker Hughes Inc, as merger talks between the companies stalled. Baker Hughes said late on Friday that it had rejected Halliburton’s initial proposal, which was made more than a month ago, in a deal that would …

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Oil & Gas OperatorsService Companies & Manufactures

Baker Hughes In Preliminary Business Combination Transaction with Halliburton

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 …

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Oil & Gas Operators

Zoltav Resources: Appoints Andrey Komarov and Yulia Lebedina As Non-Executive Directors

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 …

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Oil & Gas Operators

Sistema: Not To Challenge Court Order on Return of Bashneft Shares to the State, Will Pursue Claims Against Original Sellers

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 …

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Oil & Gas Operators

Volga Gas: Stuck Drill Pipe Suspending Ops at the Vostochny Makarovskoye Field

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”) …

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Oil & Gas Operators

Condor Petroleum: Q3 Results – Production Down due to Limitations in the Production Period, Force Majeure due to Weather at Zharkamys

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 …

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Oil & Gas OperatorsService Companies & Manufactures

Drillmec’s Russian Technology Conference

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 …

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Oil & Gas OperatorsService Companies & Manufactures

Drillmec's Russian Technology Conference

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 …

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Oil & Gas Operators

Shelton Petroleum AB: Production Report for October 2014

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 …

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