Posts Tagged ‘agreement’

Statoil signs gas supply agreement

by on November 20, 2012 6:54 am BST
Under the agreement Statoil, which claims to be the second largest supplier of gas to Europe, will deliver a total of 45 billion cubic metres of gas to Wintershall over a 10-year period.Statoil did not provide the financial details of the deal but said the gas was priced “at competitive

Vanguard Natural Resources to acquire properties in Montana

by on November 16, 2012 3:06 am BST
Vanguard Natural Resources to acquire properties in MontanaVanguard Natural Resources today announced it has entered into a definitive agreement with an undisclosed seller to acquire certain non operated oil and natural gas assets in Montana for a purchase price of $131.0 million. However, the properties under the agreement are subject

Total’s Khalij share drops

by on November 14, 2012 2:18 pm BST
Total has signed a heads of agreement with Qatar Petroleum which keeps the supermajor at the Khalij field for another 25 years after the initial deal was set to expire in 2014.However, whereas Total currently operates the field with a 100% stake, the extension sees its interest slide to 40% with

Comet spuds third Galilee well

by on November 13, 2012 2:39 am BST
The Cernan-1 well is being drilled in ATP 1015P as part of a staged farm-in Comet entered into earlier this year with Queensland Energy Resources (QER).Under the agreement, Comet can potentially earn up to a 75% interest in the Lake Galilee farm-in area, which covers 825 square kilometres