Exploration and Production (E&P)

Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project

Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray Egress Capital Project

Obsidian Energy Announces Winter 2020 Drilling Program Start and Progression of Bigoray E…

November 30, 2020 - 6:57 am Exploration and Production (E&P), Press Releases
Contango Announces Signing of Agreement to Acquire Oily, Low Decline Assets in Big Horn, Permian, and Powder River Basins

Contango Announces Signing of Agreement to Acquire Oily, Low Decline Assets in Big Horn, Permian, and Powder River Basins

FORT WORTH, Texas, Nov. 30, 2020 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (N…

Source: Reuters

Exxon to cut up to 300 jobs in Canada, and they are not the only ones

Energy World

Reductions will include positions at Imperial Oil Ltd , ExxonMobil Canada Ltd and ExxonMobil Business Centre Canada ULC, the company said

U.S. oil major Exxon Mobil Corp said on Wednesday it plans to reduce up to 300 positions …

November 26, 2020 - 8:49 am Canada News, Exploration and Production (E&P)
Source: Reuters

FourPass Energy and Oaktree Partner Launch O&G Operating Company With $900 Million Commitment

DENVER–(BUSINESS WIRE)–FourPass Energy, LLC (“FourPass”), an oil and gas operating company, along with funds managed by Oaktree Capital Management, L.P. (collectively, “Oaktree”) today announced a partnership to acquire and operate large-scale, oil-weighted, producing oil and gas assets. Oaktree’s

November 20, 2020 - 6:47 am Exploration and Production (E&P), Finance
Talos Energy Announced As The Apparent High Bidder On Two Federal Lease Sale Blocks

Talos Energy Announced As The Apparent High Bidder On Two Federal Lease Sale Blocks

Talos Energy Announced As The Apparent High Bidder On Two Federal Lease Sale Blocks …

Source: Reuters

Oil prices pull back as surge in virus cases raises concerns about demand

Reuters


NEW YORK – Oil prices slipped on Thursday as hopes for a vaccine were overshadowed by a surge in new cases of the coronavirus around the world, which raised concerns about the outlook for crude demand.

Brent crude was …

Source: Houston Chronicle

Exxon says its latest discovery offshore of Guyana is not financially viable

Reuters

An oil exploration campaign led by Exxon Mobil Corp XOM.N at the Tanager-1 well in the Kaieteur block off Guyana’s coast discovered hydrocarbons but it does not appear to be financially viable on its own, a spokesman for the …

Oil Rig with the JCA Crown Lights

EIA expects U.S. crude oil production to remain relatively flat through 2021

EIA

Oil & Gas 360 Publisher’s Note: The world dynamics within the energy markets will have a major impact on pricing, and therefore we are seeing a major decline in production requirements. 

In the U.S. Energy Information Administration’s (EIA) November …

Stena IceMAX is the world’s first dynamically positioned, dual mast ice-class drillship. The Stena IceMAX is a Harsh Environment DP Class 3 drillship capable of drilling in water depths up to 10, 000ft. The IceMAX has on-board 2 x BOP’s, each 18¾” x 15,000psi Cameron “TL” BOP c/w ST Locks, and uses Cameron Load King riser.

Bahamas Petroleum Company – Could provide billions of much needed royalty revenue for the national treasury

360 Feed Wire

Operational Update – ‘one month out’ to Perseverance #1 – (“BPC” or the “Company”)

In the lead-up to the drilling of Perseverance #1, BPC’s obligation exploration well in The Bahamas, the Company is pleased to provide the

Denbury Reports Third Quarter 2020 Results and Announces November 17th Third Quarter Conference Call

Denbury Reports Third Quarter 2020 Results and Announces November 17th Third Quarter Conference Call

PLANO, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (“Denbury&#…

We projected that Libyan crude output would pick up to 1.2mn b/d in 2020

We projected that Libyan crude output would pick up to 1.2mn b/d in 2020

Argus

Oil & Gas 360 Publishers Note: We have been covering this on the Daily Energy News Beat, and called that Libyan crude would hit the 1.2 mark in 2020. Many other news groups were indicating 2021. Hats off

Aramco relies on new bonds to meet dividend obligations to stakeholders and social programs

Aramco relies on new bonds to meet dividend obligations to stakeholders and social programs

Bloomberg

Oil & Gas 360 Publishers Note: The 360 team covered this on the Energy News Beat last week. Important story for the country of Saudi Arabia, as Saudi Aramco has one of the lowest cost to produce oil costs

Gulfport Enters Into Restructuring Support Agreement for Pre-Arranged Plan of Reorganization to Reduce Debt by Approximately $1.25 Billion and Significantly Improve its Cost Structure

Gulfport Enters Into Restructuring Support Agreement for Pre-Arranged Plan of Reorganization to Reduce Debt by Approximately $1.25 Billion and Significantly Improve its Cost Structure

360 Feed Wire

Commences Voluntary Chapter 11 Process to Implement Financial Restructuring

Obtains Commitment for $105 Million in New Money Debtor-In-Possession Financing to Support Continued Ordinary Course Operations, Including Payments for Wages and Benefits, Vendors and Suppliers

OKLAHOMA CITY, Nov. …

GEOPARK announces successful Indico Field Drilling in CPO-5 Block in Colombia

GEOPARK announces successful Indico Field Drilling in CPO-5 Block in Colombia

360 Feed Wire

Bogota, Colombia – November 12, 2020 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Ecuador, Chile, Brazil …

Peyto Announces 1,000th Horizontal Well and Q3 2020 Financial Results

Peyto Announces 1,000th Horizontal Well and Q3 2020 Financial Results

CALGARY, Alberta, Nov. 11, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Cor…

Wildcat drilling at it’s best – Gas discovery southwest of the Skarv field in the Norwegian Sea

Wildcat drilling at it’s best – Gas discovery southwest of the Skarv field in the Norwegian Sea

Norwegian Petroleum Directorate

11/11/2020 ConocoPhillips Skandinavia AS, operator of production licence 1009, has concluded the drilling of wildcat well 6507/4-1.

The well was drilled about 27 kilometres southwest of the Skarv field in the central part of the Norwegian Sea …

Continental Resources Announces Private Offering Of New Senior Notes Due 2031

Continental Resources Announces Private Offering Of New Senior Notes Due 2031

Continental Resources Announces Private Offering Of New Senior Notes Due 2031 P…

November 10, 2020 - 7:44 am Exploration and Production (E&P), Finance, Press Releases
Continental Resources Announces Cash Tender Offers For Up To $1.0 Billion Aggregate Principal Amount Of Certain Of Its Outstanding Debt Securities

Continental Resources Announces Cash Tender Offers For Up To $1.0 Billion Aggregate Principal Amount Of Certain Of Its Outstanding Debt Securities

Continental Resources Announces Cash Tender Offers For Up To $1.0 Billion Aggregate Princ…

November 10, 2020 - 7:43 am Exploration and Production (E&P), Finance, Press Releases
Ring Energy Announces Financial and Operational Results for the Three and Nine-Month Periods Ending September 30, 2020

Ring Energy Announces Financial and Operational Results for the Three and Nine-Month Periods Ending September 30, 2020

Ring Energy, Inc. (NYSEAM: REI) (“Ring”) (“Company”) announ…

November 9, 2020 - 4:38 pm Exploration and Production (E&P), Press Releases
Abraxas Petroleum Regains Compliance with Nasdaq Continued Listing Standards

Abraxas Petroleum Regains Compliance with Nasdaq Continued Listing Standards

Abraxas Petroleum Corporation (“Abraxas” or the “Company”) …

November 9, 2020 - 1:21 pm Exploration and Production (E&P), Finance, Press Releases
Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc. and Third Quarter Operating and Financial Results

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc. and Third Quarter Operating and Financial Results

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc…

Lilis Energy Announces Ameredev Texas LLC as Winning Bidder for Substantially All of Its Assets in Competitive Auction as Part of Chapter 11 Process

Lilis Energy Announces Ameredev Texas LLC as Winning Bidder for Substantially All of Its Assets in Competitive Auction as Part of Chapter 11 Process

360 Feedwire

FORT WORTH, Texas, Nov. 08, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (OTC: LLEXQ) (the “Company”), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that, following a …

Zion Oil & Gas Drilling Rig Loaded on Ship and En Route to Israel

Zion Oil & Gas Drilling Rig Loaded on Ship and En Route to Israel

Zion Oil & Gas Drilling Rig Loaded on Ship and En Route to Israel Zion Oil …

GEOPARK reports third quarter 2020 results

GEOPARK reports third quarter 2020 results

360 Feed Wire

Bogota, Colombia – November 4, 2020 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, …

November 5, 2020 - 6:10 am Earnings, Exploration and Production (E&P), Finance
Goodrich Petroleum Announces Third Quarter 2020 Results

Goodrich Petroleum Announces Third Quarter 2020 Results

Goodrich Petroleum Announces Third Quarter 2020 Results PR Newswire HOUSTON…

Africa Oil Announces the Entry of Shell Oil into Two Existing Blocks and the Signing of a New Block in South Africa

Africa Oil Announces the Entry of Shell Oil into Two Existing Blocks and the Signing of a New Block in South Africa

Africa Oil Announces the Entry of Shell Oil into Two Existing Blocks and the Signing of a…

CNOOC Limited Announces Liuhua 29-1 Gas Field Commences Production

CNOOC Limited Announces Liuhua 29-1 Gas Field Commences Production

CNOOC Limited Announces Liuhua 29-1 Gas Field Commences Production PR Newswire …

Ring Energy, Inc. Breaking Update – Terminates Purchase and Sale Agreement of Its Delaware Basin Acreage –

Ring Energy, Inc. Breaking Update – Terminates Purchase and Sale Agreement of Its Delaware Basin Acreage –

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360 News Desk

MIDLAND, Texas–(BUSINESS WIRE)– Ring Energy, Inc. (NYSE American: REI) (“Company”) (“Ring”) stated today that the prospective buyer was unable …

October 30, 2020 - 6:49 am Exploration and Production (E&P), Finance
Touchstone Announces Operational Update and Spudding of Cascadura Deep-1

Touchstone Announces Operational Update and Spudding of Cascadura Deep-1

Touchstone Announces Operational Update and Spudding of Cascadura Deep-1 Canada…

Royal Dutch Shell PLC 3rd Quarter 2020 Unaudited Results

Royal Dutch Shell PLC 3rd Quarter 2020 Unaudited Results

SHELL SETS OUT A COMPELLING INVESTMENT CASE The Hague, October 29, 2020 – S…