GlobeNewswire Press

  1. Cenovus Achieves Landmark Business Milestone

    Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that on July 10, 2019 the company reached one billion barrels of cumulative production from its Foster Creek and Christina Lake oil sands facilities in northern Alberta.

  2. W&T Offshore Announces Acquisition Of Producing Properties In The Gulf Of Mexico

    W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) announced today that it has entered into a purchase and sale agreement with ExxonMobil Corporation ("ExxonMobil") to acquire their interests in and operator ship of oil and gas producing properties in the eastern region of the Gulf of Mexico (“GOM”), offshore Alabama, and related onshore processing facilities for $200 million.

  3. Foothills Exploration Inc. Updates On 7,000 Acre, 87 Well Acquisition

    Foothills Exploration, Inc. (OTC.QB: FTXP) (the “Company,” or “Foothills”), an independent oil and gas exploration company engaged in acquiring and developing oil and natural gas properties in the Rockies today provided an update on its proposed acquisition of 7,000 acres and 87 oil and gas wells in Montana.

  4. Comstock Resources To Become Haynesville Basin Leader With Acquisition Of Covey Park Energy For $2.2B

    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.

  5. CGG Announces Collaboration With Microsoft To Deliver Cloud-Based Geoscience Data And Technologies

    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.

  6. Canadian Natural Resources Limited Announces The Acquisition Of Substantially All Of The Assets Of Devon Canada Corporation

    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.

  7. TGS And PGS Announce Torngat 3D Offshore East Canada

    TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada.

  8. CGG Begins First Multi-Client Ocean Bottom Node Survey In Mississippi Canyon, Gulf Of Mexico

    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.

  9. Uncertainty For Canada’s Oil And Gas Workforce Will Continue With Market Access Constraints, Says PetroLMI Report

    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.

  10. Aker Solutions Wins FEED Contract For Subsea Compression System

    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.