Austral Pacific Energy Ltd. Austral announces the results of its Cheal-A7 well which reached a total depth of 1848m on July 10th, 2008. The well intercepted 7 meters of oil-bearing sands in the MM3 Formation as prognosed at approximately 1695m MD and the MM2 sand at 1730m.
The current Cheal wells program was designed to test [...]

Austral Pacific Energy Ltd. announces that it has reached agreement with a number of arms-length accredited investors to privately place up to 14 million equity units at US$0.50 each with each unit comprised of a common share and a 15 month half-warrant, each full warrant being exercisable at US$1.00 per common share. $5.61 million of [...]

UNION GOLD INC. a TSXV listed Company, announces that it has today entered into an binding agreement (the “Letter Agreement”) with respect to a proposed amalgamation or plan of arrangement, or other form of merger or business combination (the “Transaction”) with Shoal Point Energy Ltd. (”Shoal Point”).
About Shoal Point Energy:
Shoal Point Energy Ltd. is a [...]

Oil Search Ltd has sold a package of its Middle Eastern assets for $US200 million ($A216.01 million) to focus on the development of a liquefied natural gas project in Papua New Guinea.
The oil and gas producer, PNG’s largest, has sold eight assets across Egypt and Yemen to private outfit, Kuwait Energy Company KSC.
“The sale of [...]

Origin Energy Ltd, Australia’s second biggest electricity and gas retailer, has forecast a stronger second half after delivering a 43.5 per cent increase in interim profit.
The power retailer delivered a half year profit of $334.7 million for the six months to December 31, 2007, compared to $233.1 million in the previous corresponding period.
“Based on current [...]

Anzon Energy Ltd said its subsidiary Anzon Australia Ltd and Beach Petroleum Ltd have decided that their Basker-Manta-Gummy (BMG) joint venture will continue with expansion of its oil development, but have deferred the final investment decision for the gas phase.
The company also said its gas sales agreement with Alinta will be terminated, as the agreement [...]

Mr. David Johnson, President and CEO of ProEx Energy Ltd. (”ProEx” or the “Company”) will present at the 2007 CAPP Oil & Gas Investment Symposium on Tuesday, June 19, 2007 at 3:50 p.m., Calgary time and on Wednesday, June 20, 2007 at 8:00 a.m., Calgary time.
A live webcast of the ProEx presentation on Tuesday, June [...]

Progress Energy Trust (”Progress” or “Trust”) today announced that it will be presenting at the CAPP Oil & Gas Investment Symposium 2007 in Calgary.
Mr. Michael Culbert, President and Chief Executive Officer of Progress, will present at 11:25 a.m. (1:25 p.m. Eastern time), on Monday, June 18. Interested investors may access the audio webcast and [...]

Niger has granted a wave of permits to British, Canadian and Indian mining firms allowing them to explore for uranium in its desert north, the West African country’s government said on Saturday.
A total of 23 permits were granted to three Canadian firms, three British firms and an Indian company, enabling them to explore in the [...]

RAK Petroleum PCL (’RAK Petroleum’) announced that it has entered into an agreement with Gulf Keystone Petroleum Limited (’Gulf Keystone’) to acquire all of the issued and to be issued share capital of Gulf Keystone.
The transaction is recommended by the Board of Directors of Gulf Keystone, who have given irrevocable undertakings to vote in favour [...]