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ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE

28 mins ago DieselGasoil Comments Off on ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE
HOUSTON, TX, May 20, 2019 (GLOBE NEWSWIRE) — Isramco, Inc. (NASDAQ CM: ISRL) (the “Company,” “Isramco,” “we” or “our”) announced today that it has signed a definitive merger agreement with Naphtha Israel Petroleum Corporation Ltd. (“Naphtha”), Naphtha Holding Ltd. (“NHL”), I.O.C. – Israel Oil Company, LTD. (“IOC”) and Naphtha US Oil, Inc. (each a wholly Read More

Gran Tierra Energy Inc. Announces Pricing of $300 Million 7.750% Senior Notes Offering

28 mins ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Pricing of $300 Million 7.750% Senior Notes Offering
CALGARY, Alberta, May 20, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has priced its offering of $300 million aggregate principal amount of 7.750% Senior Notes due 2027 (the “Notes”) in a private placement to qualified institutional buyers in the United States pursuant to Rule Read More

Completion 2019 Share Repurchase Program

3 hours ago DieselGasoil Comments Off on Completion 2019 Share Repurchase Program
May 20, 2019 SBM Offshore reports that it has completed its EUR175 million share repurchase program. Between February 14, 2019 and May 20, 2019 a total of 10,422,259 common shares were repurchased, at an average price of EUR16.79 per share. Further detailed information regarding all individual transactions can be accessed via the Investor Relations Center Read More

‘Who is this woman?’ Kremlin denies any connection to scandal that brought down Austrian VC

7 hours ago DieselGasoil Comments Off on ‘Who is this woman?’ Kremlin denies any connection to scandal that brought down Austrian VC
The Kremlin has dismissed the notion that it played a role in a scandal that prompted the resignation of Austria’s vice-chancellor, noting that the videotaped discussion about a potential shady deal has no known links to Russia. “I can’t assess the appearance of this video because it doesn’t apply to either the Russian Federation or Read More

U.S. District Court Confirms Arbitration Award in favor of Vantage Drilling and Denies Petrobras’s motion to Vacate the Award

9 hours ago DieselGasoil Comments Off on U.S. District Court Confirms Arbitration Award in favor of Vantage Drilling and Denies Petrobras’s motion to Vacate the Award
HOUSTON, May 20, 2019 (GLOBE NEWSWIRE) — Vantage Drilling International (“Vantage” or the “Company”) announced today that U.S. District Court Judge Alfred H. Bennett of the Southern District of Texas granted Vantage Deepwater Company’s and Vantage Deepwater Drilling, Inc.’s petition to confirm its international arbitration award against Petroleo Brasileiro S.A. (“Petrobras”) and its subsidiaries Petrobras Read More

Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary

9 hours ago DieselGasoil Comments Off on Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary
OKLAHOMA CITY, May 20, 2019 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the “Company”) announced today that Patrick K. Craine has joined the Company as General Counsel and Corporate Secretary reporting to David M. Wood, President and Chief Executive Officer. Mr. Craine has over 20 years of extensive senior-level experience handling a Read More

PDC Energy President & CEO Bart Brookman Mails Letter to Shareholders

10 hours ago DieselGasoil Comments Off on PDC Energy President & CEO Bart Brookman Mails Letter to Shareholders
Reflects on PDC’s Strong Operational and Financial Performance, and Kimmeridge’s Deeply Conflicted Efforts to Replace Directors on the PDC Board with Less Qualified Candidates Urges Shareholders to Vote “FOR” All Three of Company’s Nominees on the WHITE Proxy Card DENVER, May 20, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or “the Company”) (Nasdaq: PDCE) Read More

TGS and PGS announce Torngat 3D offshore East Canada

16 hours ago DieselGasoil Comments Off on TGS and PGS announce Torngat 3D offshore East Canada
ASKER, NORWAY(17 May 2019) – TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada. Torngat 3D will cover approximately 3,287 km2 and encompasses sections of the open acreage included in the Labrador South November 2021 bid round. PGS’ Ramform Titan will perform the acquisition, utilizing Geostreamer® technology. The project is expected Read More

Russia’s Energy Minister Novak says too soon to discuss oil-cut options

1 day ago DieselGasoil Comments Off on Russia’s Energy Minister Novak says too soon to discuss oil-cut options
By Dina Khrennikova, Grant Smith and Salma El Wardany on 5/19/2019 Photo: Rusiian Energy Minister Alexander Novak. MOSCOW, LONDON and CAIRO (Bloomberg) — Oil producers meeting in Saudi Arabia, must assess the situation in the market before considering possible action such as extending output cuts, Russia’s Energy Minister Alexander Novak told reporters in the Red Read More

‘I was only child’: Russian oligarch denies links to woman in epicenter of Austrian leak scandal

1 day ago DieselGasoil Comments Off on ‘I was only child’: Russian oligarch denies links to woman in epicenter of Austrian leak scandal
Igor Makarov, a Russian oligarch whose supposed “niece” was filmed discussing alleged shady deals with the Austrian vice-chancellor, stated he has no family links to that woman as he was “an only child” in his family. “It is widely known that I was the only child in my family, and I have no nieces whatsoever,” Read More