International Petroleum: Alexander Osipov Appointed CEO, William McAvock Resigns as CFO
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”) announces that the Board has appointed Mr Alexander Osipov as Chief Executive Officer of the Company, effective 9 June 2014. Mr William McAvock has resigned as Chief Financial Officer and Executive Director of the Company, effective 12 June 2014.
Zoltav Resources: Issue of Equity
Zoltav, the CIS-focused oil and gas company announces that, following the receipt of a notice to exercise warrants over 100,000 ordinary shares of $US0.2 in the Company (“Ordinary Shares”) it has authorised the issue of 100,000 new Ordinary Shares (the “Warrant Exercise”). The new Ordinary Shares will rank pari passu …
CGG Conducts Multi-Client Oil and Gas Seep Survey in SE Barents Sea
CGG has announced that Robertson Geolab, specialists in surface geochemistry in its GeoConsulting business line, is currently performing a multi-client surface geochemistry (shallow core) survey to detect seafloor seepages of hydrocarbons in the South East Barents Sea. The project has received high prefunding from major oil industry players. The main …
Max Petroleum: 3P Reserves Up 7%, Production up 17%
Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces Group reserves as at 31 March 2014 as estimated by its Competent Person, Ryder Scott Company LLC (“RSC”). The reserves reflect drilling results and other technical information as at that date, including the results from 35 wells drilled …
Blue Water Shipping: Well Equipped For The Future
Blue Water Shipping experienced a significant growth in 2013 and for our clients, the bigger and stronger organisation means even better service and flexibility During the recent 3-4 years, Blue Water Shipping has seen a significant development in the entire organisation and the positive development continued in 2013 with the …
The Kara-Winter-2014 Ice Expedition Has Finished Field Studies in the Arctic Ocean
The Kara-Winter-2014 Ice Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution was successfully finished. It has become the largest expedition in the Arctic Ocean since the USSR collapse. …
Lukoil: Cuts Teeth at Vladimir Brib Diamond Field
Vladimir Putin, President of the Russian Federation, and Vagit Alekperov, OAO LUKOIL President, participated in a festive celebration today dedicated to the commissioning of a mining and concentration complex at the Vladimir Grib field. The V.Grib field development project is among the higher priority investment projects, approved by the RF President, …
Arctic Technology Conference 2015 to be Held on 23-25 of March in Copenhagen
The Arctic Technology Conference (ATC) 2015 makes a move to Copenhagen, Denmark, for its fourth conference, building on the highly successful conferences held in Houston, Texas. ATC 2015 will provide easier access for European and Asian Arctic practitioners, while still allowing easy access from North America. This will create an …
Lithuania Fines Gazprom $48m USD For Anti-Competitive Behaviour
Lithuania’s competition authority has fined Russia’s Gazprom a record 123 million Lithuanian litas ($48 million), saying that the company had prevented competition in the Baltic state reported Reuters. * Fine is highest ever imposed by the Lithuanian watchdog * Gazprom is Lithuania’s sole supplier of natural gas * Company also …
Shelton Petroleum AB: Independent Fairness Opinion on Shelton Petroleum’s Settlement Proposal
The Board of Directors of Shelton Petroleum has assigned Birger Jarl Fondkommission to provide a fairness opinion on the share swap to dissolve the cross-ownership with Petrogrand. The fairness opinion states that the proposal is fair from a financial point of view. Shelton Petroleum has presented a settlement proposal that …