Comstock Resources, Inc. (NYSE: CRK) ("Comstock" or the "Company") and Covey Park Energy LLC ("Covey Park") today jointly announced that Comstock has entered into an agreement under which Comstock will acquire Covey Park in a cash and stock transaction valued at approximately $2.2 billion, including the assumption of Covey Park's outstanding debt and the retirement of Covey Park's existing preferred units which in the aggregate total approximately $1.1 billion.
CGG, a leading geoscience company, is pleased to announce collaboration with Microsoft to deliver its geoscience products, data and services on Microsoft Azure and accelerate Exploration and Development workflows for its oil and gas company clients.
Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces it has entered into an agreement, subject to regulatory approval, to acquire substantially all of the assets of Devon Canada Corporation (“Devon”), for a cash purchase price of C$3.775 billion (subject to closing adjustments), with an effective date of January 1, 2019 and a targeted closing date of June 27, 2019.
TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada.
CGG is pleased to announce commencement of its first multi-client ocean bottom node (OBN) survey, taking CGG’s offshore data library to the next level of excellence.
Canada’s direct oil and gas workforce has become much leaner, shrinking from a peak of about 226,500 jobs in 2014 to forecasted employment of 173,300 in 2019 – a 23 per cent drop over the five-year period, according to a new report released today.
Aker Solutions has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia.
Pengrowth Energy Corporation (“Pengrowth” or the "Company") (TSX:PGF, OTCQX:PGHEF), today reported its results for the three and twelve months ended December 31, 2018 as well as its reserves as at December 31, 2018. Subsequent to the quarter the Company signed a letter of intent for third party development of a cogeneration facility to provide the electricity and steam required to expand production at our Lindbergh SAGD facility in two phases to 35,000 barrels per day ("bbl/d") by the end of 2023.
Petroteq Energy Inc.(the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated oil and gas company, is pleased to announce that it has completed its first maintenance turnaround at its oil sands processing facility (the “Plant”) located near Vernal, Utah, and has recommenced the production of oil from the Plant at 300-350 barrels/day.
Noble Energy, Inc. (NYSE:NBL) (“Noble Energy” or the "Company”) today announced fourth quarter and full-year 2017 financial and operating results.
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