Posts Tagged ‘chief’

Solimar Energy production testing lighter oil pool in Kreyenhagen oil field

by Forex Rooton November 23, 2012 1:55 am BST
Solimar Energy production testing lighter oil pool in Kreyenhagen oil fieldSolimar Energy provides the following update for the company's 100% owned Kreyenhagen shallow oil field redevelopment project in the San Joaquin Basin, California. As a follow up to the previous announcements of establishment of production testing and a 3,101% increase

UPDATE 2-Brazil recovery widens current account gap in Oct-cenbank

by Forex Rooton November 22, 2012 6:51 pm BST
Thu Nov 22, 2012 1:51pm EST * Brazil posts larger-than-expected $5.4 bln c/a deficit * Economic recovery boosts imports and profit remittances* Foreign direct investment marks new record for OctoberBRASILIA, Nov 22 (Reuters) - Brazil's current account deficit widened more than expected in October as a recovering economy bolstered imports and

Vanoil Energy acquires Avana Petroleum for $15m

by on November 22, 2012 4:53 pm BST
Chief executive Aaron D’Este said the transaction was a transformational one for the explorer’s drive into East Africa, created a combined outfit holding blocks in four different basins in the highly-prospective region.The Vancouver-based, Toronto-listed explorer will get its hands on two key assets under the acquisition

Shoreline buys into Wattenberg oil

by on November 22, 2012 4:12 am BST
The Calgary-based company said it would purchase the non-operated 1.45% equity from a private US-based company for about C$ (US$12.5 million). The acquisition covers about 89 square kilometres in the Denver-Julesburg basin in Weld County, Colorado.Jointly operated by Anadarko Petroleum and Noble Energy, the Wattenburg project