Metgasco is pleased to advise that good progress is being made on the current multi-lateral drilling program. Harrier P01 spudded on 11 February 2011 and Harrier P02, spudded on 8 February 2011. The top hole sections of both of these wells have been drilled and cased to approximately 145 metres dept
EOC Limited, a leading provider of offshore oil and gas support services in Asia, has announced the appointment of Mr Jon Dunstan as its new Chief Operating Officer (COO), with effect from 1st March 2011. With over 17 years of industry experience, Mr Dunstan, aged 39, began his career as a structura
Golar LNG will be trading ex-dividend of a total dividend of $0.30 per share on March 09, 2011. The record date is March 11, 2011, and the dividend will be paid on or about March 25, 2011. [mappress] Source: Golar LNG, March 1, 2011;
UPS announced its fleet of alternative fuel and technology delivery vehicles has driven 200 million miles since 2000. The alternative fuel fleet (AFV) now numbers more than 1,900 and another 62 vehicles have just been ordered. The total mileage accumulated by UPS’s “green fleet” is the equivalent of
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Fuel and Energy Minister. Participating in the meeting was also Evgeny Bakulin, Chairman of the Board of NAK Naftogaz Ukrainy. The parties addressed the i
Transeuro Energy Corp. is pleased to issue the weekly update on its Ukraine operation as follows: * Logging operations have been completed successfully. * Current operation is rigging up to run 7 inch casing to TD (Total Depth). * Production test equipment has been mobilized to the site in preparati
Oil and gas miner Beach Energy has reported a first-half loss of $87.14 million, with a writedown against its poorly performing Victorian of… (theaustralian) [mappress] Source: theaustralian, February 28, 2011;
Pacific Rubiales Energy Corp. announced today the successful results of the Apamate-1X exploration well in the La Creciente Block, Lower Magdalena Basin, Colombia. Ronald Pantin, CEO of the Company, commented: “The positive results of this well not only will add to our natural gas reserve base, but
Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, today reported results for the fourth quarter and fiscal year ended December 31, 2010. For the fiscal year ended December 31, 2010, the Company reported TCE revenues of $853.3 million, a 10% decrease from
The Al Ghashamiya LNG carrier, with a capacity of 217,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 7, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic
The achievement of 77 million tonnes per annum (Mta) of liquefied natural gas (LNG) production capacity by the end of 2010 confirms the country’s position as the world’s leading producer of LNG with the largest production capacity – by far. Ras Laffan Port is the point of export of this clean energy
Global coal seam gas company Dart Energy Limited announced that it has agreed to acquire the 90% of Composite Energy Limited that it does not already own for approximately US$46.7 million. The consideration will be satisfied by way of issue of approximately 35.9 million new Dart shares to the curren
Tap Oil today announced its full-year results for 2010. Highlights – Underlying profit after tax (excluding non-recurring items) of $2.9 million – Exploration write downs and impairments of $79.6 million – Cash flow from Operations of $31.9 million „h Cash reserves of $99 million with no debt – Rais
Westport Innovations Inc., a global leader in alternative fuel, low-emissions transportation technologies, announced that it has secured a funding commitment of C$2.3 million from Sustainable Development Technology Canada (SDTC) to develop Westport HD technology for high-horsepower applications. Wes
