Chesapeake Energy Corporation Announces $2.25 Billion Barnett Shale Joint Venture with Total E&P USA, Inc.

Chesapeake Energy Corporation announced the execution of an agreement for a $2.25 billion joint venture with Total E&P USA, Inc., a wholly-owned subsidiary of Total S.A. (NYSE:TOT, FP:FP) (“Total”), whereby Total will acquire a 25% interest in Chesapeake’s upstream Barnett Shale assets. Total will pay $800 million in cash at closing and will pay an additional $1.45 billion by funding 60%... 

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Ecopetrol and Anadarko Signed an Agreement to Undertake Oil Exploratory Activities in Brazil

Ecopetrol S.A., through its Brazilian subsidiary, Ecopetrol Oil Gas do Brasil Ltda., signed a Participation Agreement with Anadarko’s subsidiary, Anadarko Exploracao e Producao de Petroleo e Gas Natural Ltda. Through this agreement, Ecopetrol Oil Gas do Brasil Ltda. will have a 50% participation in the BMC-29 Concession in Brazil. The BMC-29 Concession is an offshore concession located in the... 

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Repsol Now Applying Advanced Seismic Imaging Technology to Energy Exploration in Gulf of Mexico and Brazil

Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil. Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil industry,... 

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Asia-Pacific Surpassed North America As The World’s Primary Oil Consuming Region In 2007

Research and Markets has announced the addition of the “Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)” report to their offering. This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India, Indonesia, Japan and South Korea Current Environment – Key Points - Crude oil prices rose 66% from... 

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Almaden Minerals Ltd.: New Copper-Gold Zone Discovered at San Carlos, Mexico

Almaden Minerals Ltd. report on its 2008 exploration results from its wholly owned San Carlos property in Mexico where field crews of Almaden have been working in July, August and September of this year. The 100% owned San Carlos Project is located in northern Mexico about three hours south of Monterrey City in Tamaulipas State. Almaden has had two past partners explore this project. The results of... 

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CanArgo Announces Regulatory Clearance and Commencement of Rights Offering as Well as an Operational Update

CanArgo Energy Corporation announced that the United States Securities and Exchange Commission has declared effective the Registration Statement filed on Form S-3 by the Company under the U.S. Securities Act of 1933 and the completion of all regulatory reviews by the Oslo Stock Exchange relating to the previously announced Rights Offering. Accordingly, the Rights Offering will commence on October 6,... 

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Hyperdynamics’ Executives to Attend 15th Africa Oil Week in Cape Town, South Africa

Hyperdynamics Corporation announced that top executives from the Company are attending the 15th Africa Oil Week being held next week in Cape Town, South Africa. This is Africa’s premier international event operated by Global Pacific and Partners. It is the world’s largest and most significant exploration and development event on Africa for the global oil exploration and gas-LNG industry. The event... 

Nordic Places Two Additional Wells on Production at Lloydminster

Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd., announced that the Company has brought two new wells on production at Lloydminster, Alberta, bringing the total to six now on production in the region. Average production last week for the six wells totalled 180 barrels of oil per day (BOPD), or 30 BOPD per well, in line with the Company’s projections given earlier... 

Canadian Superior Kicks Off Its “Oasis” Project by Signing Oil & Gas Exploration and Production Agreements for Large Oil and Gas Concession, Offshore Tunisia and Libya

Canadian Superior Energy Inc. announced today what it calls its “Oasis” Project, referring to the Company’s entry into North Africa. Oasis commenced with the formal signing ceremonies for the offshore “7th of November Block” Exploration and Production Sharing Agreement (“EPSA”) that were conducted Wednesday, August 27, 2008, in Tunis, Tunisia. Canadian Superior... 

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Shell Oil Company Earns Top Marks in 2009 Corporate Equality Index

Shell Oil Company proudly announced that it has earned the top rating of 100 percent in the 2009 Corporate Equality Index (CEI), an annual survey administered by the Human Rights Campaign Foundation. Shell joins the ranks of 259 other major U.S. businesses that get top marks for their treatment of lesbian, gay, bisexual, and transgender (LGBT) employees and consumers. “At Shell, we believe creating...