Oil and Gas

What are the details? TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) today announced financial results for the quarter ended September 30, 2015 and provided an update on its operations. Third Quarter 2015 Highlights – Revenue of $20.2 million – Consolidated Adjusted EBITDAX from continuing operations of $14.9 million (Adjusted EBITDAX is a non-GAAP financial measure that is...

Commencement of 10 Well Drilling Programme with Continental Resources in Oklahoma Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has announced the commencement of a 10 well drilling programme, as announced on 2 October 2015, targeting the proven Woodford formation in the prolific South-Central Oklahoma Oil Province […]

Gulf keystone stock (LSE:GKP) is bearish in outlook and this is the trend that is supposed to continue holding out for the rest of this year. The hope of a bullish recovering has been dashed for the year. In the chart, we can see that the price is currently below the EMA 21 and the […]

BP Technology Outlook predicts secure and sustainable energy future through application of existing and new technologies Advances in technology will keep energy supplies plentiful and affordable – enough to meet projected demand many times over — and help pave the way to a lower carbon energy mix, according to data published today in the BP […]

The share price of Royal Dutch Shell (LSE:RDSA) got shelled today on the London Exchange, falling 1.52% (-26.50) to 1,711.50 after publishing a less than glorious third quarter earnings report. In addition to report a loss in excess of $7.4 billion ($6.1 billion based on current cost of supplies), Shell’s cash flow from operating activities […]

what are the details? In an expansion of their ongoing global partnership, BP and China National Petroleum Corporation (CNPC) today entered into a framework agreement on strategic cooperation covering potential shale gas exploration and production in the Sichuan Basin and future fuel retailing ventures in China and other international partnerships. “The success of our Rumaila […]

Shoats Creek Update Northcote has noted the announcement by Red Rock Resources today that it has entered into an option agreement with Shoats Creek Development, Inc., Northcote’s partner at the Shoats Creek Field, Louisiana, to farm-in to certain planned development wells. Subject to the exercise of the option RRR, alongside Northcote, will participate with a […]

Sirius Petroleum stock (LSE:SRSP) would soon spike upwards, though it cannot be said exactly when that would happen. The price would soon find a floor somewhere around the support levels at 0.20 and 0.25; and then spike upwards/rally massively. The price has been testing the lower Trendline – it could even go below it. Likewise, […]

Plans for balanced cash flows by 2017 at around $60 per barrel and growth in sustainable free cash flow beyond- Supports sustaining the dividend and growing distributions over the long-term BP today reported results for the third quarter of 2015 and set out a medium-term financial frame to balance cash flows by 2017 at around […]

USD 7 billion Net Mean Un-risked NPV10 for Offshore Ireland Prospects Europa Oil & Gas, the AIM quoted oil and gas company with both producing and exploration assets in Europe, is pleased to announce that an independent assessment undertaken by ERC Equipoise estimates a mean Un-risked Net Present Value of approximately US$7 billion to a […]