Gulfoilandgas.com's coverage of unconventional fuels news and technologies. Topics include shale gas, oil shale, oil sands, CBM, tight oil, tight gas and heavy oil.
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GAC Closes Strategic Acquisition of JACOS
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Greenfire Acquisition Corporation (“GAC” or the “Company”) announces the successful closing of the strategic acquisition of Japan Canada Oil Sands Limited (“JACOS”), which includes a 75% working inter... |
 9/20/2021 - Oil Sands - Canada |
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Talon Energy Receives Gurvantes XXXV PSA Approval
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Talon Energy Limited (Talon) is pleased to advise that it has received formal notification from Telmen Resource JSC (Telmen) that the Gurvantes XXXV coal bed methane (CBM) Production Sharing Agreement... |
| 7/12/2021 - Coalbed Methane - Mongolia |
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Canadian Oil Sands Exceeds Pre-Pandemic Levels
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Canadian oil sands production has fully recovered from last year’s “COVID-19 Shock”—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. However, li... |
| 6/23/2021 - Oil Sands - Canada |
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Tomco Energy Announces Operational Update
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TomCo Energy plc (TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide a further update in respect ... |
| 6/14/2021 - Oil Sands - United States |
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Gas Use-Related Agreements Signed
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Alexey Miller, Chairman of the Gazprom Management Committee, Nikolai Shulginov, Minister of Energy of the Russian Federation, and Sergey Tsivilev, Governor of the Kemerovo Region – Kuzbass, entered in... |
| 6/4/2021 - Coalbed Methane - Russia |
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Petroteq Recommenced Production of Oil from the POSP
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Petroteq Energy Inc., an integrated oil ?company focused on the development and implementation of its proprietary oil-?extraction ?technologies, is pleased to announce that processing operations at it... |
| 5/27/2021 - Oil Sands - Canada |
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Ovintiv Closes Eagle Ford Asset Sale
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- Closed previously announced Eagle Ford asset sale
- Issued notice to fully redeem outstanding 2022 notes in June of 2021
- Announced intention to fully redeem outstanding 2021 notes at p... |
| 5/19/2021 - Shale Gas - United States |
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Sale of Shale Gas Project Interest in Canada
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Japan Petroleum Exploration Co., Ltd. (JAPEX) announced that its Board of Directors has resolved to sell 10% of all ownership interest in the North Montney Joint Venture which undertakes the shale g... |
| 5/13/2021 - Shale Gas - Canada |
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Petroteq Recommences Production from its Oil Sands Plant
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Petroteq Energy Inc., an integrated oil ?company focused on the development and implementation of its proprietary oil-?extraction ?technologies, is pleased to announce that its oil sands plant at Asph... |
| 4/28/2021 - Oil Sands - United States |
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Tomco Energy Announces Greenfield Update
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TomCo Energy plc (TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide a further update in respect ... |
| 4/27/2021 - Oil Sands - United States |
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Canadian Natural Resources Announces 2020 4th Quarter
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Commenting on the Company's 2020 results, Tim McKay, President of Canadian Natural stated "The impact of the COVID-19 pandemic effected the very way we conducted our lives and the way we operated our ... |
| 3/4/2021 - Oil Sands - Canada |
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Crown Point Terminates Merger Discussions with Centaurus
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Crown Point Energy Inc. has terminated merger discussions with Centaurus Energy Inc.. Crown Point has determined that it will not be proceeding with the previously announced merger of the two companie... |
| 2/25/2021 - Unconventional Resources - Argentina |
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Cenovus Reports 2020 Fourth Quarter & Full Year Results
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Cenovus Energy Inc. responded to extreme oil price volatility in 2020 by quickly reducing capital spending as well as strategically managing oil sands production and purchasing curtailment credits to ... |
| 2/9/2021 - Oil Sands - Canada |
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Ascent Resources Announces Slovenia Update
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Ascent Resources Plc, the onshore Caribbean, Hispanic American and European focused energy and natural resources company, notes the recent share price movement and provides an update in relation to it... |
| 2/5/2021 - Tight Gas - Slovenia |
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Maha Energy Announce LAK Ranch Book Value Impairment
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Maha Energy AB will incur a write down of the book value of its LAK Ranch heavy oil field in Wyoming, USA, on the Company’s balance sheet by approximately USD 20 million, subject to year-end audit rev... |
| 2/4/2021 - Heavy Oil - United States |
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STEP & UCS Agree to Deliver Post-Production Stimulation Services
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STEP Energy Services Ltd. (“STEP”) and Universal Chemical Solutions, Inc. (“UCS”) are pleased to announce they have entered into an agreement that will facilitate the delivery of post-production stimu... |
| 2/4/2021 - Unconventional Resources - United States |
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Talon Petroleum Secures Option for Mongolian CBM Project
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Talon Petroleum has executed a binding offer letter with Telmen Resource JSC (Telmen) in respect of a farm-in for a 33% interest in the proposed Gurvantes XXXV Production Sharing Agreement (PSA), loca... |
| 2/3/2021 - Coalbed Methane - Mongolia |
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EOGEPL Dispatches 1st CNG to Bengal Gas Co
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Essar Oil and Gas Exploration and Production Ltd (EOGEPL), said it had filled and dispatched the first ever Compressed Coal Bed Methane (C-CBM) Natural Gas cascade truck for Bengal Gas Company’s maide... |
| 1/29/2021 - Coalbed Methane - India |
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Tlou Energy Announces Operational Report
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Tlou Energy Limited is an ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar. The Lesedi Power Project... |
| 1/28/2021 - Coalbed Methane - Botswana |
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2021 Budget to Achieve Nearly $1B of Synergies in 1st Year
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Cenovus Energy Inc. has delivered a disciplined 2021 capital budget focused on maintaining safe and reliable operations while positioning the company to drive enhanced shareholder value. The budget in... |
| 1/28/2021 - Oil Sands - Canada |
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Diversified Gas & Oil Announces Operations Update
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Diversified Gas & Oil PLC (DGOC) is pleased to announce the following operations and trading update confirming 2020 results are in line with market expectations. DGO also announces that it will releas... |
| 1/27/2021 - Shale Gas - United States |
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Acceleware Receives Support for Marwayne RF XL Pilot
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Acceleware® Ltd., a leading developer of technologies targeting low-cost and clean extraction of heavy oil and bitumen, including enabling the development of low-carbon initiatives, is pleased to anno... |
| 12/22/2020 - Oil Sands - Canada |
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TomCo Energy Provides Greenfield Update
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TomCo Energy plc, the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide an update in respect of Greenfield... |
| 12/18/2020 - Oil Sands - United States |
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Imperial Provides Update on Unconventional Portfolio
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Following annual review of its company business and strategic plan, Imperial has re-assessed the long-term development plans of its unconventional portfolio in Alberta, Canada and no longer plans to d... |
| 11/30/2020 - Unconventional Resources - Canada |
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Lonestar Announces Third Quarter 2020 Results
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Lonestar Resources US Inc.reported financial and operating results for the three months ended September 30, 2020.
HIGHLIGHTS
- Lonestar reported an 8% increase in net oil and gas prod... |
| 11/19/2020 - Oil Shale - United States |
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ADNOC and TOTAL Deliver First Unconventional Gas from the UAE
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The Abu Dhabi National Oil Company (ADNOC) and TOTAL, announced, the delivery of the first unconventional gas from the United Arab Emirates (UAE). The unconventional gas was delivered from the Ruwais ... |
| 11/11/2020 - Shale Gas - United Arab Emirates |
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Jemena Partners with Shale Gas Experts to Develop Beetaloo
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Leading energy infrastructure company, Jemena, will reveal at this year’s SEAAOC Conference, being held as part of the Northern Territory’s Resources Week, that it has signed a binding Memorandum of U... |
| 11/11/2020 - Shale Gas - Australia |
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Marathon Oil Reports Third Quarter 2020 Results
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Marathon Oil Corporation reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings ... |
| 11/4/2020 - Oil Shale - United States |
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Frontera Announces Third Quarter 2020 Results
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Frontera Energy Corporation reported financial and operational results for the third quarter ended September 30, 2020. All financial amounts in this news release are in United States dollars, unless o... |
| 11/4/2020 - Heavy Oil - Colombia |
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Callon Petroleum Announces 3rd Quarter 2020 Results
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Callon Petroleum Company reported results of operations for the three and nine months ended September 30, 2020.
Recent Highlights
- Delivered production of approximately 102.0 Mboe/d ... |
| 11/2/2020 - Oil Shale - United States |
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Cenovus Delivers Strong 3rd Quarter Operating Results
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Cenovus Energy Inc. continued to deliver strong operational performance and further improved its financial resilience in the third quarter by remaining committed to disciplined capital investment, cos... |
| 10/29/2020 - Oil Sands - Canada |
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Petroteq Positions Itself as a Provider of Clean Technology
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Petroteq Energy Inc. released its management’s vision of what gives the Company a unique advantage in the market as it positions itself as a provider of a clean technology for the recovery of oil from... |
| 10/14/2020 - Oil Sands - United States |
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Peregrine Continues Royalty Acquisitions in PA and WV
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Peregrine Energy Partners has announced the closing of producing royalty properties in the Marcellus Shale from multiple private sellers. The natural gas acquisitions in Tyler County, WV under Antero ... |
| 10/13/2020 - Shale Gas - United States |
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Carpentaria-1 Well Liquids Rich Gas Intersected
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Empire Energy Group Limited (“Empire”) is pleased to provide shareholders with an operational update on its 100% owned and operated Carpentaria-1 exploration well in EP187, located on
the eastern sid... |
| 10/12/2020 - Shale Gas - Australia |
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Devon Energy Completes Sale of Barnett Shale Assets
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Devon Energy Corp. has completed the sale of its assets in the Barnett Shale to Banpu Kalnin Ventures (BKV). Devon received a cash payment of $320 million from BKV at closing, after adjusting for a $1... |
| 10/1/2020 - Shale Gas - United States |
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TomCo Energy Provides Greenfield Update
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TomCo Energy plc, the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to provide an update in respect of Greenfield... |
| 9/24/2020 - Oil Sands - United States |
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U.S. Energy Announces $8.5M Co-Development in the Permian Shale
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U.S. Energy Development Corporation (U.S. Energy), an exploration & production (E&P) firm which provides direct investments in energy, announces the firm has acquired an interest in a horizontal well ... |
| 9/16/2020 - Unconventional Resources - United States |
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Closing of Asset Sale in Marcellus Shale Project
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Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo) announced that on Sep 4th, it closed a transaction to sell Marcell... |
| 9/7/2020 - Shale Gas - United States |
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Imperial Provides Kearl Operational Update
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Imperial is undertaking a controlled ramp down at its Kearl oil sands operation due to an ongoing outage on a third-party diluent pipeline related to a release that was detected on August 29, 2020. Al... |
| 9/2/2020 - Oil Sands - Canada |
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Ovintiv Ends JV with PetroChina & Becomes 100% Owner
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Ovintiv Inc. announced that its subsidiary, Ovintiv Canada ULC, has closed an agreement with PetroChina Canada Ltd. (PCC) to terminate the parties' joint venture and transfer the ownership and operati... |
| 9/1/2020 - Oil Shale - Canada |
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Alta Resources to Optimize Well Production with Ambyint
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Ambyint, the leader in well lifecycle production optimization, announced Alta Resources has selected Ambyint InfinityPL™ and SmartStream™ to provide advanced well optimization capabilities. Alta is a ... |
| 8/31/2020 - Oil Shale - United States |
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TomCo Energy Provides Greenfield Update
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TomCo Energy plc, the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to note the announcement earlier by Petroteq ... |
| 8/26/2020 - Oil Sands - United States |
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Lonestar Announces Second Quarter 2020 Results
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Lonestar Resources US Inc. reported financial and operating results for the three months ended June 30, 2020.
HIGHLIGHTS
- Lonestar responded to a collapse in crude oil prices during... |
| 8/16/2020 - Oil Shale - United States |
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Callon Petroleum Announces 2nd Quarter Results
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Callon Petroleum Company reported results of operations for the three and six months ended June 30, 2020.
Recent Highlights
- Delivered production of approximately 108.7 Mboe/d (65% ... |
| 8/4/2020 - Unconventional Resources - United States |
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Cenovus Reports Second Quarter 2020 Results
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Cenovus Energy Inc. remained focused on financial resilience in the second quarter of 2020 and used the
flexibility of its assets and marketing strategy to adapt quickly to the changing external envi... |
| 7/23/2020 - Oil Sands - Canada |
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Elixir Energy Provides Operations Update
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Elixir Energy Limited is pleased to provide an update on its reinvigorated field work. As recently fore-shadowed, Elixir’s second year of field appraisal and exploration work has now started. The Nomg... |
| 7/10/2020 - Coalbed Methane - Mongolia |
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DynaEnergetics Expands Portfolio of Well Perforating Solutions
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DynaEnergetics, a business of DMC Global Inc. announced the addition of DS MicroSet and DS Liberator to its family of Factory-Assembled, Performance-Assured™ well-perforating products. These highly di... |
| 7/8/2020 - Unconventional Resources - United States |
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Empire Energy Provides NT Operations Update
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Empire Energy Group Limited is pleased to update shareholders regarding the upcoming EP187 ‘Carpentaria-1’ exploration drilling campaign in the Northern Territory’s Beetaloo sub-Basin. ... |
| 7/1/2020 - Unconventional Resources - Australia |
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Generation License Conditions Received from BERA
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Tlou Energy Limited is an ASX, AIM and BSE listed company focused on generating cleaner power in Botswana for supply into the local and regional power markets. Tlou Energy has received the Electricity... |
| 6/18/2020 - Coalbed Methane - Botswana |
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CNX Provides Operational Update
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CNX Resources Corporation announced an operational update. CNX continues to optimize its long-term intrinsic value per share by safely and compliantly generating free cash flow (FCF) per share on a re... |
| 6/11/2020 - Shale Gas - United States |
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Edge LNG Expands in Marcellus with Largest Project to Date
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Edge Gathering Virtual Pipelines 2 LLC (Edge LNG) has been selected by EXCO Resources to capture and liquefy gas from a stranded well in the Marcellus Shale. Initial operations are underway and expect... |
| 6/10/2020 - Shale Gas - United States |
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Ascent Resources Provides Slovenian Strategy Update
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Ascent Resources plc, the onshore Caribbean, Hispanic American and European energy and natural resources company, is pleased to announce its updated strategy for its Slovenian portfolio.
F... |
| 5/28/2020 - Tight Gas - Slovenia |
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Saudi Aramco Announces Regulatory Approval of Jafurah Gas Field
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Saudi Aramco announces regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province, the largest non-associated gas field in the Kingdom of Saudi Arabia to da... |
| 2/22/2020 - Unconventional Resources - Saudi Arabia |
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Elixir Energy Reports Positive Results at Nomgon CBM Well
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Elixir Energy Limited provides an update on its drilling operations in its 100% owned Nomgon IX CBM PSC. Elixir’s key objective for its first exploration campaign has been to discover thick gassy coal... |
| 2/5/2020 - Coalbed Methane - Mongolia |
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Springs Road SR-01 Shale Exploration Well Results
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IGas is delighted to announce highly encouraging core analysis results from its SR-01 exploration well at Springs Road in North Nottinghamshire. The well is a significant step forward in the developme... |
| 6/27/2019 - Shale Gas - United Kingdom |
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Tlou Energy's Downstream EIS Approved for Lesedi CBM Project
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Tlou Energy Limited is pleased to announce that Botswana's Department of Environmental Affairs ("DEA") has approved the Environmental Impact Statement ("EIS") for up to 20MW Coal Bed Methane ("CBM") P... |
| 5/1/2019 - Coalbed Methane - Australia |
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Award of Unconventional Concession at Puesto Rojas
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Phoenix Global Resources plc, the upstream oil and gas company offering its investors direct exposure to Argentina's Vaca Muerta shale formation and other unconventional resources, is pleased to annou... |
| 4/4/2019 - Unconventional Resources - Argentina |
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Petroteq Announces Continuous Asphalt Ridge Production
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Petroteq Energy has been continuously producing in excess of 500 barrels a day for the last two weeks. This is a significant milestone as the Company demonstrates the commercial viability of its first... |
| 3/29/2019 - Oil Sands - Canada |
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Springs Road-1 Reaches Total Depth
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Egdon Resources plc is pleased to report the main points from the announcement made this morning by IGas Energy plc (“IGas”) as they concern the Springs Road-1 (“SR-01”) well on license PEDL140, in w... |
| 3/28/2019 - Oil Shale - United Kingdom |
