Saturday, June 13, 2026
Eni Wins Bid for Exploration Off Argentinean Coast - Oil & Gas 360

Eni Wins Bid for Exploration Off Argentinean Coast

By Tyler Losier, Energy Reporter, Oil & Gas 360   Italian supermajor will have 80% stake Argentinian authorities awarded an Eni-led consortium the exploration license for block MLO 124, located approximately 100 kilometers off the coast of Tierra del Fuego in the Malvinas Basin. Block MLO 124 encompasses an area of 4,418 square kilometers, in water with depths ranging from

Jones Energy Emerges from Bankruptcy with $225 Million Borrowing Base Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360   On May 17, Jones Energy, Inc. (stock ticker: JONEQ) emerged from Chapter 11 after satisfying the requirements of the company’s pre-packaged plan. The announcement came 33 days after the company filed for bankruptcy protection, and less than two weeks after the U.S. Bankruptcy Court for the Southern District of Texas