Friday, 29 April 2016
Ophir's Fortuna farm-out terminated
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On 29 th April 2016, Ophir announced that it had terminated its Fortuna farm-out discussions with Schlumberger. Back in January, Ophir a...
Thursday, 7 April 2016
Gran Tierra the Consolidator
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On 30 March, Gran Tierra announced the private offering of USD100 million convertible notes which successfully closed on 6 April. The new fu...
Tuesday, 22 March 2016
Further payments by the KRG
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DNO and Genel Energy announced on 22 March that the Tawke and Taq Taq participants have been paid by the Kurdistan Regional Government (“KRG...
Thursday, 18 February 2016
Troubles at Jubilee
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Jubilee FPSO On 18 th February, Tullow and Kosmos warned of a potential maintenance issue with the Jubilee FPSO’s turret. At this stage...
Monday, 15 February 2016
Senegal offshore reaches threshold for commerciality
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On 8th February, FAR Ltd announced an updated independent resource report (by RISC) of the SNE discovery offshore Senegal (Cairn 40%, Co...
Friday, 5 February 2016
KRG switches to PSC terms to conserve cash outflows to IOCs
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Kurdistan exports and payments to IOCs remain unpredictable with the situation subject to change on a daily basis. The Kurdistan Regional...
Thursday, 4 February 2016
Lundin CMD: Why doesn't the market understand?
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On 3rd February, Lundin Petroleum held its Capital Markets Day, which included new guidance on capex, opex, production profiles and 2016 ...
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