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Repsol to develop the Reggane North gas fields in Algeria
Repsol and partners Sonatrach, RWE Dea and Edison have been granted authorization from the Algerian national agency ALNAFT (Agence Nationale pour the L'expertise des Hydrocarbures Resources) to develop the North Reggane project in the Algerian Sahara desert.

date.png16 Feb 2012 15:10 | comments.png 0 Comments | tags.png africa algeria repsol sonatrach upstream [ More ]

CGX Announces Drilling of Jaguar-1 Well Offshore Guyana
CGX Energy Inc. (TSX VENTURE:OYL) ("CGX" or the "Company") is pleased to announce that the Jaguar-1 well located on the Company's 25% owned Georgetown Petroleum Prospecting License ("PPL") has commenced drilling. The partners to the Georgetown PPL are Repsol Exploración S.A (15%) ("Repsol"), as operator, along with YPF Guyana Limited (30%), Tullow Oil plc (30%) and CGX Resources Inc. (25%). The Jaguar-1 well will be drilled to a depth of 6,500 metres to test the Turonian geologic zone. The well is being drilled by the Atwood Beacon jack-up drilling rig operated by Atwood Oceanics, Inc. (NYSE:ATW), a long term leader in the offshore drilling industry. Drilling is expected to take approximately 180 days.

date.png10 Feb 2012 15:10 | comments.png 0 Comments | tags.png cgx guyana repsol tullow upstream [ More ]

Repsol YPF raises its hydrocarbons reserves and resources estimate in the Vaca Muerta play to 22.807 billion barrels of oil equi
Repsol YPF has hired hydrocarbons reserves and resources Ryder Scott to carry out an external audit of its reserves, contingent resources and prospective resources of non-conventional hydrocarbons (shale oil and gas) in the Argentinean Vaca Muerta formation in the Neuquén province. The technical analysis is based on the criteria set out by Argentinean stock market regulator Comisión Nacional de Valores de Argentina and the United States´ Securities and Exchange Commission. At the same time, the evaluation of the contingent and prospective resources complies with the requirements of the Comisión Nacional de Valores de Argentina and the Society of Petroleum Engineers’ Petroleum Resources Management System.

date.png10 Feb 2012 14:18 | comments.png 0 Comments | tags.png argentina repsol s-america upstream ypf [ More ]

Petronor Refinery Closes FCC unit and 2nd CDU
Petronor reports that, given the drastic decline in margins in the last three months and the fall in demand that has been occurring throughout the year 2011, it has been forced to adopt a measure so far unprecedented in the history of company and is stopping the FCC unit, which will remain out of service for the entire month of January. Moreover, as occurred between September 2009 and May 2010, the refinery will stop CDU 2, which is to be inactive for at least two months.

date.png09 Jan 2012 08:44 | comments.png 0 Comments | tags.png petronor refinery repsol spain [ More ]

SandRidge Energy, Inc. Announces Closing of $1 Billion Mississippian Joint Venture
SandRidge Energy, Inc. (NYSE: SD) today announced the closing of its previously announced joint venture transaction with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain.

date.png06 Jan 2012 14:50 | comments.png 0 Comments | tags.png deals n-america repsol sandridge upstream usa [ More ]

Repsol to acquire Eurotek, a Russian exploration and production company
Repsol has signed the deal on the acquisition of 100% of the Russian company Open Joint Stock Company Eurotek (Eurotek), which holds exploration and production licences in West Siberia. The transaction has been preapproved by the Federal Antimonopoly Service of the Russian Federation.

date.png30 Dec 2011 07:25 | comments.png 0 Comments | tags.png alliance deals repsol russia [ More ]

Eni signs strategic agreement for the gas development of Perla super-giant field in Venezuela
The Minister of Petroleum and Mines of Venezuela and President of PDVSA, Rafael Ramírez, Eni's CEO, Paolo Scaroni, and Repsol's CEO, Antonio Brufau, signed today the Gas Sales Agreement (GSA) for the commercial development of the super-giant field Perla in Venezuela, one of the world's largest gas fields that has been discovered in recent years. The agreement, to be followed by the award of key contracts, marks the start of the development activities in the field.

date.png24 Dec 2011 13:39 | comments.png 0 Comments | tags.png eni pdvsa repsol upstream venezuela [ More ]

SandRidge Energy, Inc. Announces $1 Billion Mississippian Joint Venture
SandRidge Energy, Inc. ("SandRidge") (NYSE: SD) announced today that it has entered into a Joint Venture ("JV") with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain. Under the agreement, SandRidge will sell an approximate 25% non-operated working interest, or 250,000 net acres, in the Extension Mississippian play located in Western Kansas and an approximate 16% non-operated working interest, or 113,636 net acres, in its Original Mississippian play.

date.png23 Dec 2011 07:13 | comments.png 0 Comments | tags.png deals repsol sandridge shale upstream usa [ More ]

Alliance Oil and Repsol reach an agreement to form and govern Russian exploration and production joint venture
Repsol Chairman Antonio Brufau and Alliance Group Chairman Musa Bazhaev have today signed an agreement in Moscow to form a joint venture that serves as a growth platform for both companies in the Russian Federation, the world’s largest oil and gas producer.

date.png20 Dec 2011 12:52 | comments.png 0 Comments | tags.png alliance deals repsol russia upstream [ More ]

Antonio Brufau reaffirms Repsol's investment in Bolivia alongside Evo Morales
Repsol Chairman, Antonio Brufau, and the Bolivian President, Evo Morales visited the Margarita gas field in Bolivia today, with a group of international financial analysts.

date.png23 Nov 2011 11:48 | comments.png 0 Comments | tags.png bolivia repsol upstream [ More ]
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