The Company: Transocean, the world's largest offshore drilling contractor. The Filing: Form 10-Q filed with the SEC on August 6, 2008. The Finding: Demand for offshore drilling units continues to be strong, particularly for floaters. In the second-quarter ended June 30, Transocean reported that average rates...
Reaffirms Strong Liquidity Position, Provides Update on Pre-Salt Discovery Offshore Brazil and Successful Appraisal in the Gulf of Mexico HOUSTON -- Anadarko Petroleum Corporation (NYSE:APC) today announced third-quarter 2008 net income available to common stockholders totaled $2.165 billion, or $4.62 per share diluted. Income from continuing operations totaled...
HOUSTON -- Hyperdynamics Corporation's (AMEX:HDY) Chief Executive Officer writes to shareholders as follows: To our Shareholders: The most positive way to look at our current situation and potential is to realize that during the current time of a retracting volatile stock market and oil prices, the...
HOUSTON, Oct. 15 /PRNewswire-FirstCall/ -- Marathon Oil Corporation announced today that its subsidiary, Marathon International Petroleum Angola Block 31 Limited, has participated in the Dione discovery well in the southern area of Block 31 offshore Angola. Dione is Marathon's 28th discovery on Angola Blocks 31 and 32. ...
DENVER, Oct. 15 /PRNewswire-FirstCall/ -- DCP Midstream Partners, LP the Partnership today announced an update assessment of the impact of hurricanes Gustav and Ike on its Discovery system as well as an update on the previously announced pipeline integrity project ongoing at its Douglas pipeline in Wyoming. ...
TULSA, Okla., Oct. 10 /PRNewswire-FirstCall/ -- Williams Partners L.P. today announced the second update of the Discovery system following the hurricanes in the Gulf of Mexico as well as the expected effect on its financial results. As previously announced, Discovery's offshore gathering system sustained hurricane damage...
Double Shelf-Slope Break Discovered Offshore Guinea HOUSTON -- Hyperdynamics Corporation (AMEX:HDY) announced today that its geosciences team's interpretive work, completed so far this year on its 2008 2D seismic, has at least tripled its total number of prospects over what was known from earlier work. Both Structural and...
HOUSTON -- Anadarko Petroleum Corporation (NYSE:APC) today announced a pre-salt discovery at the Wahoo prospect offshore Brazil in the Campos Basin. The 1-APL-1-ESS well is located on block BM-C-30 in approximately 4,650 feet of water approximately 25 miles southeast and syncline separated from Petrobras' previously announced pre-salt discoveries at the...
A MISSING diver sparked a sea search involving three lifeboats. The alarm was raised yesterday when a diver was picked up by the boat Farne Discovery and said he had lost contact with his dive buddy. Both men had walked into the sea from the shore...
Petronas of Malaysia operates the offshore Block 1, where the Diyarbekir oil and gas field is producing 15,000 b/d of crude oil and about 20 MCF/d of gas mostly associated and partly not associated with the oil output. Crude oil production is said to rise considerably, from 10,000 b/d in...
Partnership Also Provides Initial Expected Financial Effect TULSA, Okla., Sept. 22 /PRNewswire-FirstCall/ -- Williams Partners L.P. today announced an update of the Discovery system following Hurricane Ike in the Gulf of Mexico. Williams Partners owns 60 percent of the Discovery system, which includes an...
AAquarius Platinum 387.75p (up 22.75p, 6.23per cent) Considering options to take part in South African industry consolidation, but is not planning offer for Lonmin. ACompass 349p (up 5.5p, 1.6 per cent) Exane BNP Paribas positive ahead of update, due later this month. AITV 49.9p...
Canadian Superior Energy Inc. ("Canadian Superior") (TSX: SNG)(AMEX: SNG) announced today, as Operator of the "Intrepid" Block 5c, that on August 28, 2008, it successfully spudded the "Endeavour" well with the Kan Tan IV semi-submersible drilling rig. The "Endeavour" well is located approximately 5.2 miles north from the recently announced...
Challenger Energy Corp ("Challenger") (TSX VENTURE: CHQ) (AMEX: CHQ), announced today that on August 28, 2008, the "Endeavour" well was successfully spudded with the Kan Tan IV semi-submersible drilling rig. The "Endeavour" well is located approximately 5.2 miles north from the recently announced "Bounty" natural gas discovery on Block 5c,...
Beijing, China-based China National Offshore Oil Corp. Ltd. CNOOC has acquired a new oil and gas discovery named Bozhong BZ 29-5 in the Yellow River Mouth Sag of Bohai Bay. The wildcat BZ29-5-1, which was drilled on structure BZ 29-5, encountered oil pay zones of 26.2 meters. The well...
[ILLUSTRATION OMITTED] SETTLED BY AMERINDIANS AND CULTIVATED by African slaves and East Indian indentured servants, Trinidad was fought over and ruled by Spanish pirates and British invaders during the 1700s. Migrants from French islands, China, Portugal, Venezuela, and Syria soon followed to try their luck. By the late...
Canadian Superior Energy Inc. ("Canadian Superior" or the "Company") (TSX: SNG)(AMEX: SNG) is pleased to announce its financial and operating results for the three months ("Q2 2008") and six months ended June 30, 2008. Recent highlights: - Canadian Superior as Operator of the "Intrepid" Block 5c offshore Trinidad announced a...
Challenger Energy Corp. ("Challenger") (TSX VENTURE: CHQ)(AMEX: CHQ), announced today that it has made a significant natural gas discovery with the drilling and production testing of the "Bounty" exploration well. The "Bounty" exploration well was drilled to a total depth of approximately 17,360 feet and encountered gas bearing horizons with...
Canadian Superior Energy Inc. ("Canadian Superior") (TSX: SNG)(AMEX: SNG) as Operator of the "Intrepid" Block 5c offshore Trinidad announced today that it has made a significant natural gas discovery with the drilling and production testing of its "Bounty" exploration well. The "Bounty" exploration well was drilled to a total depth...
Structural Changes Will Allow For Greater Flexibility, Expanded Geographic Reach NEW YORK -- Daylight Forensic & Advisory announced today that it is planning to increase its strategic alliances to allow it to offer a wider array of geographic and client service delivery options, including off-shoring of large compliance,...
Articles 2008-08-12
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