Tuesday, May 24, 2011

Endeavour International posted 6.6% decline in O&G Production for Q1-2011; Poised for Significant Production Growth in the UK and the US

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Endeavour is an independent oil and gas company and has operations in the North Sea and the United States. In May, 2009, the company complet...

West Africa's Ghana emerging from the dust! Oil discoveries in Ghana so far..

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Ghana is emerging from decades of unsuccessful oil and gas exploration to becoming one of the global exploration hotspots. Despite a few di...

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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