Saturday, April 16, 2011

Lukoil and Bashneft set up JV to develop Trebs and Titov fields. LUKOIL acquires 25.1% stake in Trebs and Titov fields for $167 million.

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LUKOIL and Bashneft signed an agreement to establish a joint venture and stipulate conditions for the development of two fields named after...
Friday, April 15, 2011

Petrohawk Energy reported 34% increase in 2010 hydrocarbon production over 2009; Announced $2,300 million Capital Program for 2011; Plan to double its liquid production in 2011

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Petrohawk produced an average of 562 Mmcfepd during 2010. The midpoint of full year 2011 production guidance is 885 Mmcfepd, representing an...

PDC Energy 2011 IPAA OGIS New York

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- Projecting 19% year-over-year growth in production (over 20% if successful partnership repurchase). - 9 wells planned in 2011, all dril...

Lukoil planning Shale JVs in 2011

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Lukoil is scouting for oil and natural- gas investments in U.S. shale fields, President Vagit Alekperov said. Lukoil joins a li...

Stone Energy 2011 IPAA Oil & Gas Investment Symposium

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Strategy Leverage high cash flow generated from existing Conventional Shelf GOM assets to: 1.  Maintain relatively stable GOM Shelf prod...

Apache 2011 IPAA Oil & Gas Investment Symposium

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- 13‐17% Production Growth Expected - $7.5BN Initial Capital Program Significantly below plan cash flow->1/3 future growth capital: no...
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...