Tuesday, May 24, 2011

US/Canada unconventional assets worth ~$14 billion available on market. Marcellus Shale leads the play.

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The unconventional marketplace is being driven by motivated buyers (majors, internationals like KNOC, Marubeni, CNOOC , BHP , etc.,) and opp...
Monday, May 23, 2011

BG plans to invest $500 million in Bolivian Gas fields over the next 5 years

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BG in Bolivia : BG plc demerged from British Gas in 1997 and is in charge of exploration and production and the overseas operations of Br...

GHANA - RECENT OIL DISCOVERIES AND EXPLORATION PLANS FOR 2011

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Ghana is a country in West Africa with significant recent oil discoveries. West African exploration got off to a bang with the discovery of...
Thursday, May 19, 2011

Cenovus posted 14% production growth in Foster Creek & Christina Lake for Q1 2011; Plans to invest $1.7 billion - $1.9 billion for the rest of 2011

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Cenovus was formed on 2009 from the split of Encana Corporation into two independent publicly traded energy companies: one an integrated oil...
Wednesday, May 18, 2011

BP sells Wytch Farm oil assets to Perenco for $610 million. BP’s Southern North Sea gas assets worth $750-$900 million are up for grab..

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BP agreed to sell its interests in the Wytch Farm, Wareham, Beacon and Kimmeridge fields to Perenco UK Ltd for up to $610 million in cash....
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Apache Production increased by 25% in Q1 2011; Plans to Raise 2011 Capital Expenditures by 8% to $8.12 billion

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Apache Corporation posted Q1 2011 production up 25% to 732,000 boe from 586,000 boe in the first quarter 2010. Liquids production increased ...

List of West African Oil Discoveries in 2010 - 2011.

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Ok.., here it is.. One of the most definitive lists of discoveries in West Africa for 2010-2011 so far. There is increasing excitement about...
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