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Tourmaline Oil Corp. Announces Closing Of $228 Million Initial Public Offering
Tourmaline Oil Corp. ("Tourmaline") is pleased to announce that it has closed its initial public offering of 10,000,000 common shares at a price of $21.00 per share. Concurrent with the closing of the initial public offering, Michael L. Rose and Robert N. Yurkovich, directors and senior officers of Tourmaline, purchased a total of 850,000 common shares at the offering price of $21.00 per share on a private placement basis. The gross proceeds from the offering and concurrent private placement totalled $227.85 million.

Shell reduces its interest in Woodside
Royal Dutch Shell plc (“Shell”) announces an agreement to sell part of its stake in Woodside Petroleum Limited (“Woodside”) to equity investors.

EXCO Resources, Inc. Announces Receipt of Proposal to Purchase All of Its Common Stock for $20.50 Per Share in Cash
EXCO Resources, Inc. (the "Company") (NYSE: XCO) announced today that its Chairman and Chief Executive Officer, Douglas H. Miller, has submitted to the Board of Directors a proposal to purchase all of the outstanding shares of stock of the Company not already owned by Mr. Miller for a cash purchase price of $20.50 per share.

Tower Resources Issue of Equity
Tower Resources, (AIM: TRP), the oil and gas exploration company with interests in sub-Saharan Africa, principally in Uganda and Namibia, announces today that Astaire Securities and Westhouse Securities have raised £660,000 before expenses through a placing with institutional and other investors including certain Directors of the Company(the 'Placing') of 22,000,000 new ordinary shares of 0.1p each in the Company (the 'Placing Shares') at a price of 3 pence per Placing Share.

UNX Energy Announces $30,030,000 Bought Deal Financing
UNX Energy Corp. (TSXV: UNX) (“UNX” or the “Company”), a junior oil and gas company with interests offshore Namibia, is pleased to announce that it has entered into an agreement with Macquarie Capital Markets Canada Ltd. (“Macquarie”), on behalf of a syndicate of underwriters led by Macquarie that includes Cormark Securities Inc., Clarus Securities Inc., FirstEnergy Capital Corp., Raymond James Ltd. and Octagon Capital Corp. (collectively the “Underwriters”) pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, 9,100,000 common shares of the Company (“Common Shares”) (the “Offered Shares”) at CAD$3.30 per Common Share (the “Issue Price”) for gross proceeds of CAD$30,030,000 (the “Offering”). The Company has also granted to the Underwriters an over-allotment option entitling the Underwriters to acquire, at the Issue Price, up to an additional 1,365,000 Common Shares or such lesser number of Common Shares equal to the over-allocation position determined at the closing of the Offering. The over-allotment option is exercisable by the Underwriters, in whole or in part, at any time for 30 days following closing of the Offering.

BP to Sell Venezuela and Vietnam Businesses to TNK-BP
BP announced today that it has reached agreement to sell its upstream businesses and associated interests in Venezuela and Vietnam to TNK-BP for a total of $1.8 billion. TNK-BP, Russia's third largest oil company, is owned equally by BP and the AAR Consortium (comprising Alfa Group, Access Industries and Renova).

Petrominerales Acquires An Additional 25% Of Block 126 From Veraz Petroleum
Petrominerales Ltd. (“Petrominerales”) (TSX:PMG), a 66% owned subsidiary of Petrobank Energy and Resources Ltd. (“TSX:PBG”), and Veraz Petroleum Ltd. (“Veraz”) (TSX-V:VRZ) (Petrominerales and Veraz collectively referred to herein as the “Companies”) are pleased to announce that Petrominerales has agreed to acquire an additional 25% interest from Veraz in Block 126 in east central Peru.

Chesapeake Energy Corporation and CNOOC Limited Announce Eagle Ford Shale Project Cooperation Agreement
Chesapeake Energy Corporation ("Chesapeake", NYSE: CHK) and CNOOC Limited (NYSE: CEO; SEHK:00883) today announced the execution of an agreement whereby CNOOC International Limited, a wholly-owned subsidiary of CNOOC Limited, will purchase a 33.3% undivided interest in Chesapeake's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project in South Texas. The consideration for the sale will be $1.08 billion in cash at closing, subject to adjustment. In addition, CNOOC Limited has agreed to fund 75% of Chesapeake's share of drilling and completion costs until an additional $1.08 billion has been paid, which Chesapeake expects to occur by year-end 2012. Closing of the transaction is anticipated in the 2010 fourth quarter.

Apache Completes Acquisition of BP Canada Assets
Apache Corporation (NYSE, Nasdaq: APA) today announced that its subsidiary has completed its acquisition of substantially all of BP's upstream natural gas business in western Alberta and British Columbia. The transaction is the second closing of Apache's previously announced three-part acquisition of BP assets.

Chevron Sells Minority Interest in Colonial Pipeline
Chevron Corp. (NYSE: CVX) today announced that a wholly owned subsidiary, Chevron Pipe Line Co., has sold its 23.44 percent ownership interest in the Colonial Pipeline Co. to an affiliate of Kohlberg Kravis Roberts & Co. L.P. The sale closed on October 8, 2010.