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Apache - Argentina unconventional gas update
Apache Corporation welcomes initiatives that will provide incentives for investment in Argentina's shale gas resources, said Jon Graham, vice president of Apache's Argentina region. "Increasing domestic production would be positive for Argentina on two levels – increased economic activity and reduced reliance on imported natural gas."

date.png10 Dec 2010 07:30 | comments.png 0 Comments | tags.png apache argentina gas shale upstream [ More ]

CNOOC $50m Strategic Investment in Exoma’s Queensland CSG & Shale Gas Projects
Exoma Energy Limited (ASX:EXE) yesterday executed a Farmin Agreement, in Beijing, with one of China’s leading integrated energy companies, China National Offshore Oil Corporation, through one of its subsidiaries in Australia (“CNOOC”).

date.png10 Dec 2010 07:07 | comments.png 0 Comments | tags.png australia cnooc exoma gas shale [ More ]

Repsol YPF presents exploration developments and presents a new discovery
Repsol YPF Chairman Antonio Brufau presided over the presentation to the Argentine President, Cristina Fernandez, the progress of YPF’s exploratory development plan, confirming the significant non-conventional gas find in the Neuquen basin with a volume of 127 Bcm, equivalent to 4 years gas consumption in Spain.

date.png08 Dec 2010 09:43 | comments.png 0 Comments | tags.png argentina gas repsol shale upstream [ More ]

Marathon Enters Eagle Ford Shale Play
Marathon Oil Corporation (NYSE: MRO) announced today that it has completed an agreement with Denali Oil & Gas for entry into the Eagle Ford Shale formation in Wilson and Atascosa counties, Texas. Under the terms of the agreement, Marathon will pay Denali $10 million as well as drill and complete four wells to earn approximately 17,000 net acres. Marathon also has the option to purchase Denali's remaining 58,000 net acres in the Eagle Ford Shale in these two counties. If Marathon executes this option, the full 75,000 net acres, including the initial payment, carried well interest and lease extensions, will cost approximately $2,800 per acre or a total of approximately $209 million. Marathon has until Oct. 31, 2011, to exercise this option.

date.png29 Nov 2010 19:02 | comments.png 0 Comments | tags.png deals gas marathon shale usa [ More ]

Hess Acquires Additional Bakken Acreage
Hess Corporation (NYSE: HES) announced today that it has agreed to acquire 167,000 net acres in the Bakken oil shale play in North Dakota from TRZ Energy, LLC for $1,050 million in cash.

date.png23 Nov 2010 09:23 | comments.png 0 Comments | tags.png bakken hess shale upstream usa [ More ]

KCA DEUTAG awarded multimillion Euro shale oil drilling contract by HESS in France
KCA DEUTAG, the international drilling and engineering contractor, has been awarded a contract by HESS Oil France S.A.S with a total firm contract value in excess of €6.5 million.

date.png22 Nov 2010 07:03 | comments.png 0 Comments | tags.png france gas hess kca-deutag shale [ More ]

Drilling Rig Contracted for Paris Basin Shale Oil Six-Well Program
Toreador Resources Corporation (NASDAQ: TRGL) today announced the following operational update:

date.png12 Nov 2010 08:24 | comments.png 0 Comments | tags.png france gas shale toreador [ More ]

Chevron Announces Agreement to Acquire Atlas Energy
Chevron Corporation (NYSE:CVX) and Atlas Energy, Inc. (NASDAQ:ATLS) announced today that Chevron would acquire Atlas Energy for cash of $3.2 billion and assumed pro forma net debt of approximately $1.1 billion. The acquisition will provide Chevron with an attractive natural gas resource position primarily located in southwestern Pennsylvania's Marcellus Shale. The acquisition is subject to certain Atlas Energy restructuring transactions, approval by Atlas Energy shareholders and regulatory clearance.

date.png09 Nov 2010 14:56 | comments.png 0 Comments | tags.png atlas chevron deals shale usa [ More ]

Leni Gas & Oil unconventional gas opportunities in Spain
Leni Gas & Oil plc (LGO) the AIM listed international oil and gas production, development and exploration company, today announces it has signed a binding Non-Disclosure and non-binding Commercial Terms Agreement ("Agreement") setting out the potential terms of an agreement to cooperate with Sorgenia International B.V ("Sorgenia") and Rohöl-Aufsuchungs Aktiengesellschaft ("RAG") to assess a potential joint venture for the exploitation of unconventional gas opportunities in Spain.

date.png05 Nov 2010 14:41 | comments.png 0 Comments | tags.png gas leni shale spain [ More ]

San Leon expansion of shale gas acreage in Poland
San Leon is pleased to announce that its wholly owned Polish subsidiary Oculis Energy Sp. z o.o. ("Oculis") has expanded the Concession for oil and gas reconnaissance and exploration and the mining usufruct agreement following an application process with the Polish Government. San Leon currently has 100% interest in the Concession.

date.png03 Nov 2010 11:34 | comments.png 0 Comments | tags.png gas poland san-leon shale upstream [ More ]
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