Singapore and PORT MORESBY, Papua New Guinea, Aug. 13, 2015 /PRNewswire/ -- InterOil Corporation's (NYSE: IOC; POMSoX: IOC) analysis of the latest well test data from the Elk-Antelope gas field in Papua New Guinea supports a two-train liquefied natural gas project. In announcing financial results for the second quarter to June 30, 2015, InterOil Chief Executive Dr Michael Hession said the Antelope-5 well had exceeded all previous Antelope well results. "Our latest appraisal results confirm our [Read more]
Pacific Rubiales Announces Second Quarter 2015 Results: Total Operating Costs Reduced By 21% From The Prior Quarter
TORONTO, Aug. 13, 2015 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced today the release of its unaudited consolidated financial results for the quarter ended June 30, 2015, together with its Management Discussion and Analysis ("MD&A"). These documents will be posted on the Company's website at www.pacificrubiales.com, SEDAR at www.sedar.com, and the SIMEV website at www.superfinanciera.gov.co/web_valores/Simev. A corporate presentation relating to the second [Read more]
Alaska Has Clear Path Forward on Natural Gas
WASHINGTON, Aug. 12, 2015 /PRNewswire-USNewswire/ -- Alaska's best path towards boosting short and long-term economic growth is to set forth a coherent set of policies that center around the exploration and development of the state's abundant natural gas resources, according to a new paper by the American Council for Capital Formation (ACCF). The Global Race for Liquefied Natural Gas: Commercializing Alaska's Natural Gas outlines Alaska's economic challenges and underscores the significant [Read more]
Packers Plus Collaborates with Acacia Subsidiary for the Licensing of Multi-Zonal Completion Technology
HOUSTON, Aug 12, 2015 /PRNewswire/ - Packers Plus Energy Services Inc., an innovative oilfield service provider, in conjunction with a subsidiary of Acacia Research Corporation (NASDAQ: ACTG), the leader in patent licensing, announced their collaboration on the licensing of a set of fundamental patents related to multi-zonal completion of horizontal wells including ball-drop, sliding sleeve and packer technology for use in the hydraulic fracturing of both tight and conventional oil and gas [Read more]
Remotely Operated Vehicles (ROV) in the Energy Industry 2015-2025 CAPEX on New Build ROVs & AUVs, and Spending on ROV Operations
LONDON, August 12, 2015 /PRNewswire/ -- Visiongain's new 244 page report reveals that the ROV market will see CAPEX of $1.253bn in 2015, including spending on ROV new builds and ROV Operations. The ROV New Build submarket is worth $157.5m in 2015 while the ROV Operations submarket is worth $1.095bn in the same year. Though the oil price fall has affected spending in both sections of the ROV market, strong growth is anticipated for much of the ten year forecast period owning to the increasing [Read more]
Spyglass Resources Corp. Announces 2015 Second Quarter Results and Provides Corporate Governance Update
All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. CALGARY, Aug. 12, 2015 /PRNewswire/ - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX: SGL, OTCQX: SGLRF) announces unaudited interim financial and operating results for the quarter ended June 30, 2015. Selected financial and operational information is outlined below and should be read in conjunction with Spyglass' interim [Read more]
Basic Energy Services Reports Selected Operating Data For July 2015
FORT WORTH, Texas, Aug. 12, 2015 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of July 2015. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 55,400 producing a rig utilization rate of 52%, compared to 55% and 69% in June 2015 and July 2014, respectively. During the month, Basic's fluid service truck count decreased by five to 1,007. Fluid service truck hours for the [Read more]
TORC Oil & Gas Ltd. Announces Second Quarter 2015 Financial & Operational Results
CALGARY, Aug. 12, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three and six months ended June 30, 2015. The associated management's discussion and analysis ("MD&A") and unaudited interim financial statements as at and for the three and six months ended June 30, 2015 can be found at www.sedar.com and www.torcoil.com. Highlights Three months [Read more]
Cheniere Marketing Enters into LNG Sales Arrangements with EDF
HOUSTON, Aug. 11, 2015 /PRNewswire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its wholly owned subsidiary, Cheniere Marketing International LLP ("Cheniere Marketing") has entered into sales arrangements with Électricité de France, S.A. ("EDF") for the delivery of liquefied natural gas ("LNG") cargoes on an ex-ship basis ("DES") from the Sabine Pass LNG terminal ("Sabine Pass") to the Dunkerque LNG terminal in France. The sales arrangements cover the delivery of [Read more]
Gastar Exploration To Present At EnerCom’s The Oil & Gas Conference™ 20 In Denver
HOUSTON, Aug. 11, 2015 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) announced that the Company's management will participate in EnerCom's The Oil & Gas ConferenceTM 20 to be held August 16-19 in Denver, Colorado. J. Russell Porter, President and Chief Executive Officer, will make a presentation at 2:45 p.m. Mountain Time (4:45 p.m. Eastern Time) on Tuesday, August 18, 2015. The presentation will provide an update on the Company's operations and certain recent developments. To [Read more]
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