Harken Energy Corp., Dallas, (Amex: HEC) plans to change its name to HKN Inc. as part of its plan to reorganize and simplify its balance sheet, streamline its financial and capital structure, and revitalize its operations. Harken also plans a 22.4-to-one reverse stock split. EastCoast Energy Corp., Tortola, British Virgin Islands, (Toronto Venture: ECE) has changed its name to Orca Exploration Group Inc.
E&P Highlights: March 20, 2023
2023-03-20 - Here’s a roundup of the latest E&P headlines, including a Black Sea discovery and new contract awards in the upstream oil and gas industry.
Koil Energy’s Full Plate
2023-02-17 - Koil Energy, formerly known as Deep Down, has rebranded as a full subsea systems provider and is providing multi quick connector plates for Beacon Offshore Energy’s Shenandoah project.
COO Richard Dealy: Pioneer Gears Up to Test Permian’s Woodford, Barnett Zones [WATCH]
2023-03-21 - Pioneer Natural Resources President and COO Richard Dealy discusses what's on tap for its Permian Basin, including electrification of fields, production growth, "decades of inventory" and wind turbines.
Uganda Unveils First Commercial Oil Production Drilling Program
2023-01-24 - Uganda discovered commercial reserves of petroleum nearly 20 years ago but has experienced delays over lack of infrastructure.
Petronas Taps JGC, Samsung for Nearshore FLNG Plant
2023-01-06 - The pair have previously delivered FLNG facilities to the Malaysian operator.