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Rose Petroleum withdraws from German shale exploration licences

2014-11-06 01:00:00| Hydrocarbons Technology

Rose Petroleum has withdrawn from two shale licences Germany due to the uncertain political situation with regard to unconventional hydrocarbons exploration in the country.

Tags: german rose exploration petroleum

 

IGas Energy increases shale gas estimates on exploration well results

2014-11-05 01:00:00| Hydrocarbons Technology

IGas Energy has increased its shale gas initially in place estimates and unveiled the results of an exploration well at Barton Moss in northwest England.

Tags: results energy gas increases

 
 

October's top stories: Chevron to sell stake in Duvernay shale play, Saipem wins $2bn contracts

2014-11-05 01:00:00| Hydrocarbons Technology

Chevron has agreed to sell 30% stake in its Duvernay shale play for $1.5bn, and Saipem has secured around $2bn worth of engineering, construction and drilling contracts in the Middle East and Latin America. Hydrocarbons Technology wraps up the key h

Tags: top play sell stories

 

Oil price declines have small-cap shale investors scrambling

2014-10-30 09:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Plummeting oil prices are pushing some of the small-cap companies which flourished as part of the U.S. shale energy boom close to their breaking point, while also prompting some well-known fund managers to aggressively buy energy stocks. Concerns about slowing growth in Europe and a stronger dollar have helped push the price of light crude oil down about 25 percent since June to about $82 a barrel, creeping closer to the average marginal cost of crude production of about $73 a barrel for U.S....

Tags: price oil investors declines

 

Carrizo drops $250 million on acreage in Eagle Ford Shale

2014-10-28 12:09:23| Energy - Topix.net

Houston-based Carrizo Oil & Gas Inc. said Oct. 27 it bought leasehold and producing interests in the Eagle Ford Shale from Texas-based Eagle Ford Minerals LLC for $250 million in cash. Carrizo Oil & Gas Inc. bought leasehold and producing interests in the Eagle Ford Shale from Texas-based Eagle Ford Minerals LLC for $250 million in cash, the company said Monday.

Tags: million ford eagle drops

 

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