Unconventional Resources News

Crown Point Terminates Merger Discussions with Centaurus
Argentina >> 2/25/2021 - 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...
STEP & UCS Agree to Deliver Post-Production Stimulation Services
United States >> 2/4/2021 - 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...
Imperial Provides Update on Unconventional Portfolio
Canada >> 11/30/2020 - 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...
Ovintiv Reports Strong 3rd Quarter 2020 Financial & Operating Results
Canada >> 10/28/2020 - Highlights:
- Posted $47 million of non-GAAP free cash flow and reduced net debt by $217 million during the third quarter, reaffirmed pledge that all excess cash flows will go toward debt reducti...
U.S. Energy Announces $8.5M Co-Development in the Permian Shale
United States >> 9/16/2020 - 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 ...
Callon Petroleum Announces 2nd Quarter Results
United States >> 8/4/2020 - 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% ...
DynaEnergetics Expands Portfolio of Well Perforating Solutions
United States >> 7/8/2020 - 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...
Empire Energy Provides NT Operations Update
Australia >> 7/1/2020 - 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. ...
Saudi Aramco Announces Regulatory Approval of Jafurah Gas Field
Saudi Arabia >> 2/22/2020 - 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...
Wood Secures A Two-year Extension on Unconventionals Program with Aramco
Saudi Arabia >> 1/21/2020 - Wood has secured a two-year extension to its in-Kingdom and out-of Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company (AOC) for its unconventional gas programme, extending award...
Award of Unconventional Concession at Puesto Rojas
Argentina >> 4/4/2019 - 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...
Department of Energy Announces $7M for Unconventional Oil & Gas
United States >> 5/30/2018 - The U.S. Department of Energy’s (DOE) Office of Fossil Energy has announced an award for a project to receive approximately $7 million in federal funding for cost-shared research and development in un...
Iran Finds 2 bln Barrels Shale Oil Reserves in Western Province
Iran >> 2/28/2017 - Iran has discovered major reserves of shale oil in the western parts of the country with a top official saying that the reserves are the first that have a feasible potential for production. ...
Indonesia Offering Three Unconventional Gil and Gas Blocks
Indonesia >> 10/31/2016 - Indonesia is offering three new unconventional oil and gas blocks on the islands of Sumatra and Kalimantan to potential bidders, an energy ministry official said. ...
Sanchez Energy Sells Non-Core Eagle Ford Shale Assets
United States >> 10/24/2016 - Sanchez Energy Corporation (Sanchez Energy) has executed a definitive agreement with Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) (Carrizo) to sell certain non-core assets in the Eagle Ford Shale. ...
Tlou Achieves Initial Independent Gas Reserve Certification
Botswana >> 10/12/2016 - Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM) has received an initial Independent Re...
ENAP & ConocoPhillips Exploit Unconventional Hydrocarbons in Magallanes
Chile >> 6/13/2016 - The National Petroleum Company (ENAP) signed a partnership agreement with US oil company ConocoPhillips for exploration and production of unconventional gas in the Coiron Block in the Magallanes Regio...
Apache With Shell Eye Egypt for Unconventional Gas in June
Apache With Shell Eye Egypt for Unconventional Gas in June Egypt >> 3/13/2016 - Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt’s Western Desert by the end of June even as Apache is cutting investment in the nati...
Egypt: Development of Unconventional Oil & Gas Resources
Egypt >> 11/29/2015 - Eng. Tareq El Molla, Minister of Petroleum and Mineral Resources inaugurated the proceedings of the seminar organized by the Egyptian Petroleum Association entitled "Development of Unconventional Reso...
Bashneft & Lomonosov Moscow State University Sign a Cooperation Agreement
Russia >> 11/16/2015 - Bashneft and Lomonosov Moscow State University (MSU) have signed a five-year Cooperation Agreement. The Agreement provides for cooperation between MSU and Bashneft in research aimed at tackling fundam...

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