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International Petroleum Quarterly Update and Review

Krasnoleninskiy Licence Area – Western Siberia, Russia The Company, through its wholly-owned subsidiary IPL Siberia Ltd, owns a 75% equity interest in Souville Investments Ltd (“Souville”). Souville is the 100% legal and beneficial holder of Irtysh-Neft, a Russian company having exploration rights to four blocks in Western Siberia (“Krasnoleninskiy Project”). …

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Victoria Oil and Gas Application for Share Listing

Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration and production company with assets in Cameroon and the FSU, announces the Company has drawn down a further £600,000 of its £10 million Standby Equity Distribution Agreement (‘SEDA’) with YA Global Master SPV Ltd (‘YA’), announced by the …

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International exhibitors add to growth of this year’s Caspian Oil & Gas show

The 2011 Caspian Oil & Gas Exhibition took place 7-10 June at the Baku Expo Center, in Azerbaijan. The adjoining conference was held on 8-9 June at the Hyatt Regency Hotel in Baku. This year, the Caspian Oil & Gas exhibition benefitted from a healthy 14% growth in show space …

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TNK-BP Reports Strong Financial and Production Growth

Commenting on the results, Mikhail Fridman, Executive Chairman of TNK-BP Ltd., said: “This was an exceptional first half performance for TNK-BP. Thanks to management’s continuous efforts to enhance operational efficiency and further develop our key business streams, the Company was able to deliver robust results. We have increased production, significantly …

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Caspian Oil and Gas July Quarterly Update

Caspian Oil and GAs has issued its July 2011 Quarterly reports covering its operations in the Kyrgyz Republic and the West Mailisu wells. Kyrgyz Republic  West Mailisu #2 well on Caspian’s 100%-owned West Mailisu licence spudded on 13 June  Well is adjacent to the Mailisu IV oil and …

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The Sixth International Energy Week Moscow Energy Dialogue

The Sixth International Energy Week “Moscow Energy Dialogue” (“IEW,2011”) will be hosted on October 24-25, 2011, in Moscow, at the World Trade Center, with the support of  the Ministry of Energy of the Russian Federation, the Ministry of Foreign Affairs of the Russian Federation and the Ministry of Natural Resources …

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Baker Hughes Fractures its First Unconventional Shale Well in Argentina

Project awarded to Baker Hughes based on unconventional hydrocarbon capabilities and performance Baker Hughes (NYSE: BHI) announced it has completed its first unconventional hydrocarbon shale hydraulic fracturing and stimulation project in Argentina for YPF in the Neuquén basin. The multistage fracturing operation was performed using over 12,000 hydraulic horsepower and …

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Tethys Petroleum Limited: Doris AKD05 Well Flows at over 2,000 barrels per day

Tethys Petroleum Limited today announced that following acidisation its AKD05 Doris appraisal well in Kazakhstan has flowed some 2,088 barrels of fluid per day, of which 1,568 barrels per day was good quality (45 degrees API) oil. The well flowed with good surface pressures and the flow was limited by …

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Polarcus Q2 report and presentation

Polarcus Limited is pleased to announce the release of its second quarter 2011 financial statements. In the second quarter 2011 Polarcus has focused on strengthening the Company’s operations, backlog and balance sheet. Revenues for the second quarter are significantly higher compared to the same quarter last year due to the …

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TGS Announces Second Expansion of 3D Multi-client Seismic Data Library in the Barents Sea

TGS has commenced the acquisition of an extension of its multi-client 3D seismic data in the Hoop Fault Complex area of the Barents Sea.  This extension is to the west of the previously announced industry funded Hoop Fault Complex survey and will add 3,391 km2 to the existing data in …

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