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Apache Sells Canadian Oil Assets to Cardinal for C$330 Million
CA >>  6/1/2017 - U.S. oil and gas producer Apache Corp is selling Canadian light oil assets to Canada's Cardinal Energy Ltd so it can focus on high-growth areas like the Permian basin shale play, an Apache spokesman s...

Wintershall Starts First Pilot Well in Argentina
AR >>  5/11/2017 - Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, ...

Questerre Acquires Minority Interest in Red Leaf
JO >>  5/11/2017 - Questerre Energy Corporation (Questerre) has made a strategic investment in Red Leaf Resources, Inc. (Red Leaf). Through an agreement with one of the vendors, Whitehorn Resources Inc. (Whitehorn), Que...

Questerre Provides Update on its Jordan Oil Shale Project
JO >>  5/1/2017 - Questerre Energy Corporation (Questerre) reported on an essential test of mechanical rock properties for its oil shale in Jordan. ...

YPF & Schlumberger Signed Agreement to Invest $390M in Vaca Muerta
AR >>  4/12/2017 - Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Angel Gutierrez, signed an agreement to start a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquen. ...

Drilling of Vaca Muerta Oil Resource Play
AR >>  3/17/2017 - Madalena Energy Inc. (MDLNF) is pleased to announce the commencement of the first horizontal multi-frac re-entry (the Re-entry Program) in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CA...

Oil Prices Continued to Fall
AT >>  6/14/2017 - The crude price of OPEC basket stood at $46.01 a barrel on Tuesday, compared with $45.93 the previous day. In May 2017, OPEC said it would extend an 1.8 million barrel per day cut to oil output by ni...

Amec Foster Wheeler Wins Contract with China’s GPEC for Oil Shale Fired CFB Boilers
JO >>  4/18/2017 - Amec Foster Wheeler has been awarded a new contract by China Energy Engineering Group Guangdong Power Engineering Co., Ltd. (“GPEC”), for the design and supply of two circulating fluidized-bed (CFB) s...

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