The Latest

Exploration & Production

Egypt Signs Two Mediterranean Deals With Exxon Mobil

The deals involve a minimum investment of $332 million, the petroleum ministry said in a statement.

January 28, 2020

Exploration & Production

Byron Energy Updates Gulf Of Mexico Drilling Campaign

Byron Energy Ltd. provided an update on the current status of the proposed South Marsh Island (SM71) F4 well on Jan. 21.

January 28, 2020

Public Capital

Risk Management: Legal Issues Permian Investors Should Know

The Permian Basin remains one of the best opportunities for nonoperating investors in the world, particularly for those who go in with eyes wide open to these risks and a clear plan for mitigating them.

January 28, 2020

Public Capital

Halcón Resources Changes Name To Battalion Oil

The change to  Battalion Oil reflects the Permian Basin company’s new team, culture and strategy after roughly a year of upheaval including the exit of its founder, Floyd Wilson.

January 27, 2020

People

VAALCO Energy To Target M&A With New President William Thomas

William R. Thomas has led the growth of a number of E&P companies throughout his career, which the VAALCO Energy board believes will support the company’s inorganic growth ambitions.

January 27, 2020

Reservoir Evaluation

Exxon Mobil Grows Guyana Oil Find Estimates To More Than 8 Bboe

The new recoverable resource estimate, which jumped by 2 Bboe, excludes the Uaru discovery.

January 27, 2020

Discoveries

Eni Makes Gas, Condensate Discovery In The UAE

Eni has made a gas and condensate discovery in the Mahani exploration prospect located onshore in the Area B Concession of Sharjah (UAE) on Jan. 27, which was awarded to Eni in the first International Competitive Exploration Licensing Round conducted by the Petroleum Council of Sharjah.

January 27, 2020

Public Capital

Lundin Petroleum Aims To Become Carbon Neutral By 2030

The Lundin Petroleum board also proposed to change the company's name to Lundin Energy AB, it said in a statement.

January 27, 2020

Public Capital

Capital Strategies: Stretching The Energy Dollar

E&Ps are exploring all avenues to access capital on terms that make sense for their situations.

January 27, 2020

Public Capital

Encana Finalizes Move To US As Ovintiv

Shares of Encana will be suspended from trading on the New York and Toronto stock exchanges on Jan. 27 at which time the company will begin trading as Ovintiv under the “OVV” symbol.

January 24, 2020