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Uganda receives seven bids for six oil exploration blocks

2016-03-03 01:00:00| Offshore Technology

The Ugandan Government has received seven bids for six oil exploration blocks in the Albertine rift basin, close to the border with Democratic Republic of Congo (DRC), with concern expressed by environmental groups.

Tags: oil blocks bids receives

 

Sound Energy signs MoU to secure rig for Badile exploration well in Italy

2016-02-29 01:00:00| Hydrocarbons Technology

Sound Energy has signed a memorandum of understanding (MOU) with Pergemina for the use of the 3,000hp EMSCO C3 No29 rig for the forthcoming Badile exploration well in Italy.

Tags: well sound energy italy

 
 

Black Platinum to perform exploration activities offshore Indonesia despite low oil prices

2016-02-29 01:00:00| Offshore Technology

Black Platinum Energy is set to proceed with exploration and appraisal/development activities to prove its shallow gas plays in East Natuna, offshore Indonesia, despite low oil prices.

Tags: black low prices activities

 

Undervalued Securities Global Sells 149,519 Shares of Gastar Exploration Inc (GST) Stock

2016-02-27 05:33:47| Logistics - Topix.net

Gastar Exploration Inc insider Undervalued Securities Global sold 149,519 shares of the company's stock in a transaction on Wednesday, February 24th. The shares were sold at an average price of $0.77, for a total transaction of $115,129.63.

Tags: stock global securities shares

 

Exxon Mobil's Exploration Costs Hint At A Production Cliff

2016-02-27 03:33:12| Chemicals - Topix.net

The majority of Exxon Mobil's oil finds have come from high cost regions, despite a focus on lower cost regions. One of the most interesting charts for Exxon Mobil compares capital expenditures and cash from operations.

Tags: costs production exploration cliff

 

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