Oil and Gas - Mergers and Acquisition Review

Thursday, April 14, 2011

Brazil to unleash its presalt potential in H2 2011

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Brazil's government will auction rights to develop mammoth offshore oil and gas blocks in this year. The first auction of p...

Sinopec and Petrobras collaborate to develop offshore Brazilian blocks!! Petrobras plans $224 billion investment through 2014.

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Sinopec will team up with Petrobras to develop offshore areas of the Para-Maranhao basin in northern Brazil after negotiating for a year.  P...
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Wednesday, April 13, 2011

Interoil Corporation 2011 IPAA Oil & Gas Investment Symposium

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- Resource estimate on Elk and Antelope fields    2010 YE Best Case estimate of 8.6 Tcf of gas and 128.9 MMbbls of condensate gross contin...

GMX RESOURCES INC. Announces Record First Quarter 2011 Production and Guidance for Second Quarter 2011; Plan to increase liquidity through asset sales and Joint Ventures

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GMX RESOURCES INC. , has reported hydrocarbon production of 6.0 Bcfe for the first quarter 2011, up 14% over the fourth quarter of 2010 and...

Penn Virginia 2011 IPAA OGIS Conference

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- 75% of 2011 Capital Spending Allocated to Oil & NGLs 2011 Activity - 2 rigs drilling; 1 more rig by mid year - 29 (23.7 net) well...
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