Posts Tagged ‘northern’

Northern Offshore provides update on Energy Endeavour

by Forex Rooton November 22, 2012 3:01 am BST
Northern Offshore provides update on Energy EndeavourNorthern Offshore announced that the company has received early notification from Maersk Oil and Gas that the Energy Endeavour will be released at the end of the well in progress on May 1, 2013.  The rig's accommodation unit does not meet new Danish Energy Authority

Output boost lifts DNO earnings

by on November 15, 2012 10:15 am BST
DNO International boosted earnings in the third quarter as revenue surged on the recovery of production from its Kurdistan and Oman assets, enabling the company to pass the 100,000 barrel-per-day gross output mark for the first time.Earnings before interest, tax, depreciation and amortisation increased to Nkr267 million ($46.3

Atlantic Petroleum makes move for Emergy

by on November 14, 2012 12:22 am BST
The proposed all-share takeover would value the Bergen-based explorer at $12.7 million. Emergy, an independent upstream company, is focussed on exploration on the Norwegian continental shelf.The company has been pre-qualified by the Norwegian Ministry of Petroleum & Energy as a licensee on the continental shelf, which

Sandridge investor urges sale, shake-up

by on November 8, 2012 6:39 pm BST
Hedge fund TPG-Axon, which said it owns more than 4.5% of Sandridge and has about $4 billion in assets under management, on Thursday sent the company a letter that also urges a shakeup of Sandridge's board, Reuters reported.The hedge fund repeatedly compared Sandridge to Chesapeake Energy, which has