Zarubezhneft Won a Tender for Gas and Oil Exploration in Egypt
The country’s authorities announced the results of a tender for the search and development of oil and gas fields in the Mediterranean and Nile Delta regions The Russian oil and gas company Zarubezhneft won the tender for oil and gas exploration announced earlier by the Egyptian Ministry of Petroleum and …
Weatherford Recommends Rejection of “Mini-Tender” Offer by TRC Capital Corporation
Weatherford International plc has received notification of an unsolicited “mini-tender” offer by TRC Capital Corporation to purchase up to 5,000,000 shares, or approximately 0.65 percent, of the outstanding ordinary shares of Weatherford at $21.15 per share. TRC Capital’s offer is approximately 4.3% below Weatherford’s closing price of $22.10 on August 18, 2014, the day before the offer commenced. Weatherford does …
Alliance Oil Wins Tender for 5 Exploration Licences in the Timano-Pechora Region
Alliance Oil has been awarded 5 exploration licenses in Timano-Pechora: Fakelniy, Beluginskiy, Nireiskiy, Nadezdenskiy and North-Tabrovoyahinskiy, by Federal Agency Rosnedra. All 5 license blocks are located in the Timano-Pechora region in Northern Russia close to the Company’s existing operations and covers an area of 2,740 square kilometers The license blocks’ …