NEW YORK--(BUSINESS WIRE)-- Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or the “Company”) announced that the U.S. Bankruptcy Court for the Southern District of New Yo
London, United Kingdom, January 16, 2019 - Seadrill Partners LLC ("SDLP" or "the Company") has secured a six well contract with three option wells for the West Vencedor offshore Cote d'Ivoire. Backlog for the firm portion of the contract is expected to be approximately $20 million with commencement expected in Q3 2019 and running through Q2 2020.
The net present value (PV10) of Matra Petroleum's proved net oil and gas reserves as per 31 December 2018 increased by 75% to 265 million USD (151 million USD*). Proved oil and gas reserves were estimated at 22,758 (20,964*) thousand barrels of oil equivalent ("MBOE"). The increase in value and reserves resulted from successful drilling, an acquisition and higher oil and gas prices.
JERSEY, Channel Islands, Jan. 16, 2019 (GLOBE NEWSWIRE) -- Serinus Energy plc (“Serinus”, “SEN” or the “Company”) (AIM:SENX, WSE:SEN), announces that the Company has confirmed that the Low Temperature Separation (“LTS”) unit and the Triethylene Glycol (“TEG”) unit (together, the “Units”) due for installation at its Moftinu gas plant in Romania have been loaded onto a freighter and have departed from Halifax, Canada, to Bremerhaven, Germany. Subject to weather in the Atlantic during shipment, the Units are expected to arrive in port approximately 6 to 10 days after departure. The Units will then be trucked to the Moftinu site in Romania for final assembly, testing and commissioning.
Lundin Petroleum AB (Lundin Petroleum) will publish its financial report for the fourth quarter 2018 on Wednesday 30 January 2019. For the fourth quarter 2018, Lundin Petroleum will expense pre-tax exploration costs of approximately MUSD 47 and recognise a net foreign exchange loss of approximately MUSD 164.
The fleet utilisation rate in the fourth quarter of 2018 was 63 per cent (Q4 2017: 36.1 per cent), up from 48 per cent in the third quarter of 2018 and at its highest since Q3 2015. The fleet utilisation for the year was 47.3 per cent (2017: 38.4 per cent).
Seitel Announces Sale of Its Canadian Seismic Data Library and Previews Fourth Quarter and Full Year 2018 Results
HOUSTON--(BUSINESS WIRE)-- Seitel, Inc. (the “Company” or “Seitel”), a leading provider of onshore seismic data to the oil and gas industry in North America, today announced the sa