Post Tagged with: "offshore"

Investors warming up to German offshore wind plants

Germany's offshore wind parks, once seen as only for brave investors because of high costs and operational risks, are attracting fresh money after laws were passed to ensure ambitious renewables targets are met. British investment firm Laidlaw Capital bought its …

September 25, 2014 - 7:23 am

EPL Oil & Gas Adds Five Blocks to Oily Gulf of Mexico Inventory; Crude Oil Production Forecast to Grow

Founded in 1998, EPL Oil & Gas, Inc. (ticker: EPL) is an independent exploration and production company headquartered in Houston, Texas with an office in New Orleans, Louisiana. The Company’s operations are concentrated in the U.S. Gulf of Mexico shelf, …

January 6, 2014 - 5:47 pm
Shell, ONGC Videsh Pay $1.636 Billion to Acquire Petrobras’ Interest in Offshore Brazil Assets

Shell, ONGC Videsh Pay $1.636 Billion to Acquire Petrobras’ Interest in Offshore Brazil Assets

On December 30, 2013, Royal Dutch Shell (ticker: RDS-B) completed a $1 billion transaction with Petrobras (ticker: PBR) to acquire an additional 23% interest in the Parque das Conchas (BC-10) offshore Brazil. Its working partner, India-based ONGC Videsh, also increased …

December 31, 2013 - 2:49 pm
Companies Cautious With Western Gulf of Mexico Lease Sale 233

Companies Cautious With Western Gulf of Mexico Lease Sale 233

The Bureau of Ocean Energy Management (BOEM) held its Western Gulf of Mexico (GOM) Lease Sale 233 on August 28, 2013, which raised $102.4 million in high bids. The event auctioned 3,873 tracts from nine to 250 miles offshore, in …

August 28, 2013 - 3:33 pm
Afren Makes Discovery Offshore Nigeria – Prospective Resources Exceed Expectations

Afren Makes Discovery Offshore Nigeria – Prospective Resources Exceed Expectations

Afren Plc (ticker: AFR) and Lekoil (ticker: LEK) jointly announced a major discovery of significant light oil accumulation at the Ogo-1 well located on the OPL 310 license offshore Nigeria. Today’s discovery confirms the extension of the same Cretaceous sandstones …

June 27, 2013 - 4:46 pm
Saratoga Resources and Energy XXI Host Third Annual Reception for Louisiana Governor Bobby Jindal

Saratoga Resources and Energy XXI Host Third Annual Reception for Louisiana Governor Bobby Jindal

Saratoga Resources, Inc. (ticker: SARA) and Energy XXI (ticker: EXXI) will host a third annual reception for Louisiana Governor Bobby Jindal at the Windsor Court Hotel in New Orleans on Wednesday, March 27, 2013 (6:00-8:00 pm CDT). Saratoga and Energy …

March 13, 2013 - 3:53 pm
CAMAC Energy Inc: Exploring Proven Africa Basins

CAMAC Energy Inc: Exploring Proven Africa Basins

CAMAC Energy Inc (ticker: CAK) is a Houston-headquartered oil and natural gas company exploring the vast onshore and offshore basins of East and West Africa. Offshore Nigeria, CAK currently produces from the Oyo Oilfield on block OML 120 with additional …

February 26, 2013 - 9:03 pm
ERHC Energy Inc. Raising Funds to Accelerate East Africa Exploration

ERHC Energy Inc. Raising Funds to Accelerate East Africa Exploration

ERHC Energy Inc. (ticker: ERHE) is a publicly traded American company with oil and gas assets in Sub-Saharan Africa. Over the last year, ERHC has acquired additional exploration blocks in Chad and Kenya to complement its existing offshore blocks in …

December 17, 2012 - 8:10 pm
Callon Petroleum Co Steps Further Out of the Bathtub and Onto Firmer Ground

Callon Petroleum Co Steps Further Out of the Bathtub and Onto Firmer Ground

Callon Petroleum Co (ticker: CPE) is engaged in the acquisition, development, exploration and operation of oil and gas properties in Texas, Louisiana and the offshore waters of the Gulf of Mexico. At the time of this writing, CPE had a …

November 30, 2012 - 10:02 pm

A View on Investing in Brazil Oil and Natural Gas Fields

Roberto Monteiro – Chief Financial Officer, OGX Petroleo e Gas Participacoes SA (OGXPY)


Roberto Monteiro, new CFO and Investor Relations Officer of OGX was previously the Chief Financial Officer and Investor Relations Officer of OSX Brasil S.A., since 2009. From …

September 20, 2012 - 6:05 pm

ERHC Building Capital Foundation for Future Exploration Potential

In an effort to increase capital availability and financial flexibility, ERHC Energy (OTCBB: ERHE) announced its Board of Directors approved resolutions amending the company’s Restated Articles of Incorporation to increase the number of authorized shares and to create or issue …

August 23, 2012 - 3:12 pm
Callon Petroleum Poking Holes in West Texas

Callon Petroleum Poking Holes in West Texas

Callon Petroleum (ticker: CPE) continues to make headway on its drilling initiatives in the Permian Basin while acquiring additional running room and properties in the play. CPE operates all of its Permian acreage and has positions in both the …

June 29, 2012 - 2:31 am

Callon Petroleum Reports Q1'12 Results; Permian Catalysts Stacking Up Through 2012

Callon Petroleum Company (NYSE: CPE), an independent oil and gas exploration & production (E&P) company operating both offshore and onshore in the United States, announced operational and financial results for the Q1’12 period ended March 31, 2012.

CPE reported Q1’12 …

May 9, 2012 - 4:23 pm
ATP Oil & Gas Drilling for Natural Gas Elephants: Shimshon Well Offshore Israel Could Hold 2.3 Tcf

ATP Oil & Gas Drilling for Natural Gas Elephants: Shimshon Well Offshore Israel Could Hold 2.3 Tcf

ATP Oil & Gas Corporation (NASDAQ: ATPG) initiated drilling the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well (ATPG is the operator with a 40% WI) is in 3,622 feet of water with a target formation …

May 1, 2012 - 7:00 pm
Loaded with Catalysts in 2012: ATP Oil & Gas Drilling the Deepwater Gulf of Mexico and Offshore Israel

Loaded with Catalysts in 2012: ATP Oil & Gas Drilling the Deepwater Gulf of Mexico and Offshore Israel

ATP Oil & Gas Corporation (NASDAQ: ATPG) is engaged in the acquisition, development and production of oil and natural gas in the Gulf of Mexico, North Sea and more recently the Mediterranean Sea. The primary near-term catalysts for the company …

March 7, 2012 - 9:57 pm