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Oil & Gas Exploration and Production

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Arclight to sell Element Petroleum II's remaining Permian assets

Wednesday, 7 Sep 2016 08:30am EDT

: Arclight to sell Element Petroleum II's remaining Permian basin assets .Arclight capital partners says Element Petroleum II has agreed to sell remaining oil and gas assets in Permian basin to a subsidiary of Callon Petroleum.

Oil Basins updates on share purchase plan

Wednesday, 7 Sep 2016 03:17am EDT

Oil Basins Ltd : Share purchase plan . Spp will be at $0.008 per share . Announce its intention to make a share purchase plan offer ("spp") to all shareholders .

Yuma Energy agrees to merger and reorganization dated Feb 10- SEC filing

Tuesday, 6 Sep 2016 05:26pm EDT

Yuma Energy Inc : On Sept.2, 2016, entered into amendment to agreement and plan of merger and reorganization dated February 10, 2016 - sec filing . Amendment extends outside date of merger agreement from september 30, 2016 to october 31, 2016 - sec filing .Amendment also provides co's board with ability to adjust ratio of reverse stock split from 10-for-1 up to 20-for-1.

Engineers India to provide consulting services for BS-VI project at IOCL refineries

Tuesday, 6 Sep 2016 08:19am EDT

Engineers India Ltd : To provide consulting services for implementation of BS-VI project at six refineries of IOCL .

Eog Resources and Yates agree to combine in transaction valued at $2.5 billion

Tuesday, 6 Sep 2016 07:04am EDT

Eog Resources Inc : Says EOG will issue 26.06 million shares of common stock valued at $2.3 billion and pay $37 million in cash for deal . Says EOG will assume and repay at closing $245 million of yates debt offset by $131 million of anticipated cash from yates . Says plans to commence drilling on Yates acreage in late 2016 with additional rigs added in 2017 . Says intends to maintain Yates' office in Artesia, N.M., to support newly combined operation .Says deal raises position in Permian basin and adjacent plays to 574,000 net acres.

Armour Energy announces sale of settlement shares

Wednesday, 31 Aug 2016 07:37pm EDT

Armour Energy Ltd : Sale of settlement shares yields Armour $3M . Says resale of 40.1 million Armour shares will realise proceeds of approximately $3.05M to Armour . Armour will apply the funds raised from the resale to settling the final payments due to Origin Energy Limited . Aegpas Pty Ltd has entered into agreements for the sale of the 40 million Armour shares that were held by aegpas .

Bankers Petroleum announces domestic crude oil sales contract

Wednesday, 31 Aug 2016 07:32pm EDT

Bankers Petroleum Ltd : Bankers Petroleum announces domestic crude oil sales contract . Signing of a conditional domestic offtake crude oil sales agreement with Ionian Refining And Trading Co - IRTC . In accordance with agreement, deliveries will be made from October 1, 2016 through to December 31, 2017 .Once effective may sell up to 65% of its crude oil production under agreement.

Polyard Petroleum International announces termination of share purchase agreement<8011.HK>

Wednesday, 31 Aug 2016 05:53am EDT

Polyard Petroleum International Group Ltd <8011.HK>: Termination of SP agreement in relation to the disposal of the 89% participating interest under service contract no. 70 <8011.HK> . Polyard petroleum international - termination of SP agreement will not have any material adverse impact on financial and operational position of co .

Wolfstrike Rentals raises A$1.56 mln convertible loan facility

Tuesday, 30 Aug 2016 03:23am EDT

Wolfstrike Rentals Group Ltd : Convertible loan facility . Has raised $1.56M under the terms of a convertible loan facility .

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