Dragon Oil Drilling Update July 2011
Dzheitune (Lam) B/157 well tested at initial rate of 1,767 bopd Dragon Oil plc, an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) B/157 development well. The Dzheitune (Lam) B/157 well was drilled to a depth of 2,900 metres and …
Alliance Oil Operational update for the second quarter and first half of 2011
Alliance Oil Company’s total oil production for the second quarter of 2011 amounted to 3.8 mbbl compared to 3.8 mbbl in the second quarter of 2010. Preliminary refining volumes at the Khabarovsk refinery amounted to 6.9 mbbl in the second quarter of 2011 compared to 6.0 mbbl in the second …
Petroneft Resources Drilling Update July 2011
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: · Kondrashevskoye No. 2 sidetrack well confirms 2P reserves · Lineynoye 206 contains thickest oil pay encountered to date · Lineynoye/West Lineynoye has materially thicker …
WesternGeco Commences Industry’s Second Dual Coil Shooting Survey
Revolution II Multiclient Survey Underway in the Central Gulf of Mexico WesternGeco today announced the start of the Revolution II multiclient survey, which builds on the successful Dual Coil Shooting* multivessel full-azimuth (FAZ) acquisition of Revolution I in the Western Gulf of Mexico acquired in late 2010. This latest survey …
National Oilwell Varco and Ameron International Corporation Announce Merger Agreement at $85.00 per Share in Cash
National Oilwell Varco, Inc. (NYSE:NOV) and Ameron International Corporation, (NYSE:AMN) have entered into an agreement under which NOV will acquire Ameron in an all cash transaction that values Ameron at approximately $772 million. Under the agreement, Ameron’s stockholders would receive $85.00 per share in cash in return for each of …
“Gazprom” and ENI noted progress in implementing joint projects
Today at the central office of OAO “Gazprom” the working meeting of Chairman Alexey Miller and General Manager of ENI, Paolo Scaroni. Participants discussed the implementation of joint projects. In particular, both sides stressed that the process of agreeing the contract to purchase natural gas company “SeverEnergia” is in the …
Integra Group is conducting geophysical surveys in the transition zone waters of Lake Zaisan
Integra Group has launched geophysical surveys in the transition zone waters of Lake Zaisan in Eastern Kazakhstan. The purpose of the seismic surveys is to search for oil and gas deposits for Kazakh company TOO Tarbagatai Munai. Integra will utilize 200 people of its staff for the project and will …
International Petroleum Corporate Update
International Petroleum launches corporate update and objective overview. Click here
OPEC daily basket price stood at $106.92 a barrel Monday, 4 July 2011
-The price of OPEC basket of twelve crudes stood at 106.92 dollars a barrel on Monday, compared with $106.50 the previous Friday, according to OPEC Secretariat calculations. Source www.opec.org
Integra Group: Treasury shares cancellation notice
Integra Group (LSE: INTE), announces that 405,502 class A ordinary shares (8,110,040 in GDR equivalent) have been cancelled in accordance with the decision of the Board of Directors and terms of the buyback program. The amount of shares cancelled combines 363,002 class A ordinary shares (7,260,040 in GDR equivalent) purchased …