Posts Tagged ‘holdings’

Ezion sees profits rise

by on November 6, 2012 3:19 am BST
The company posted a net profit of US$14.8 million for the three months to 30 September, up 25.4% on the US$11.8 million booked during the same period last year.The rise in profits coincided with a 21.1% jump in revenue to US$38.6 million, compared to just under US$31.9 million generated during

NZOG loses out on Taranaki permit

by on October 24, 2012 3:15 am BST
NZOG earlier this month agreed to acquire the 6.667% interest in Block PEP 38451 from Global Resource Holdings (6.111%), and Randall Thompson (0.556%).At that time, Anadarko held a 50% operator stake and Hyundai Hysco 33.333%.NZOG said today  that Anadarko and Hyundai would share the extra equity, and

New Zealand Oil & Gas buy into Taranaki

by on October 10, 2012 10:55 pm BST
The deal, which includes a 5% carried interest, would see a 6.111% from Global Resource Holdings and a 0.556% from Randall C Thompson go to New Zealand Oil & Gas. The other two companies would continue to hold a 5% carried interest in the permit.Under the agreement, New Zealand

Riverstone commits $200m to Kerogen Exploration

by on September 27, 2012 1:46 pm BST
Established less than two years ago, Kerogen Exploration is focused on onshore unconventional oil and liquids in the United States and in Canada, where it operates under the name Black Shale Resources.Kerogen Exploration is led by Canadian upstream stalwart Murray Grigg as chief executive and former Shell veteran turned