Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Petroneft Receives Financing for Development on Licence 67
Russia >> 9/21/2020 - Following successful completion of the C4 extended well test at the Cheremshanskoye field on Licence 67 earlier this year, a non-binding Heads of Terms Agreement has been executed between the owner an...
PGS Provides Update on Status of Lenders' Negotiations
Norway >> 9/18/2020 - PGS ASA informed in its Q2 and preliminary first half 2020 results presentation that the Company was in negotiations with its lenders to preserve liquidity in light of the dramatic negative market cha...
OPT Enters Into New $12.5M Common Stock Purchase Agreement
United States >> 9/18/2020 - Ocean Power Technologies, Inc., a leader in innovative and cost-effective ocean energy solutions, has executed a new Common Stock Purchase Agreement (the "Purchase Agreement") with Aspire Capital Fund...
Fully Funded for Accelerated Work Program to Expand Production and Cashflow
Australia >> 9/18/2020 - Highlights:
- Capital raising well-supported and will raise a total of $15 million.
- Strong investor demand has enabled the conditional placement component to be increased to $7 million....
Armour Energy Provides Update on Capital Raising Program
Australia >> 9/18/2020 - Armour Energy has provided an update in relation to its capital raising program, as originally outlined in its previous announcement of 15 June 2020.

Capital Raising Program

...
ARENA Welcomes New Funding
Australia >> 9/17/2020 - The Australian Government announced new long term funding and an expanded focus for the Australian Renewable Energy Agency that will secure its future beyond 2022.

The Prime Minister and M...
Placing and Subscription to Raise £7 million
United Kingdom >> 9/17/2020 - Union Jack Oil plc, a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has raised £7 million by way of an oversubscribed placing and subsc...
Global Petroleum Announces Placing & Subscription to Raise GBP 1.40M
Namibia >> 9/16/2020 - Global Petroleum Limited is pleased to announce that it has successfully raised £1,327,500 million in aggregate before costs (the “Placing”), through the Placing of 177,000,000 Ordinary Shares (the “P...
Rockhopper Announces Half-year Results for the 6M to 30 June 2020
Falkland Islands >> 9/15/2020 - Rockhopper Exploration, the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce its results for the six months ended 30 June 2020.
...
Valaris plc Announces Expiration of Joinder Period
United Kingdom >> 9/15/2020 - Valaris plc announced that the joinder period under its Restructuring Support Agreement (the “RSA”) and Backstop Commitment Agreement (the “BCA”) has expired and that holders of 72% in aggregate princ...
Cheniere Announces Upsizing & Pricing of Inaugural Notes Offering
United States >> 9/15/2020 - Cheniere Energy, Inc. has upsized and priced its previously announced offering of Senior Secured Notes due 2028 (the “Cheniere Notes”). The aggregate principal amount of the offering has been increase...
Seadrill Announces Forbearance Agreements
United Kingdom >> 9/15/2020 - Seadrill Limited has entered into forbearance agreements with certain creditors in respect of the group's senior secured credit facility agreements, senior secured notes, and guarantee facility agreem...
Empyrean Completes £640,500 Placement
China >> 9/11/2020 - Empyrean Energy plc, the oil and gas development company with interests in China, Indonesia and the United States, advises that it has placed 14,233,334 new ordinary shares in the Company (the "New Or...
Valaris Announces Additional Support for Restructuring and Extension
United Kingdom >> 9/11/2020 - Valaris plc announced that holders of over 70% in aggregate principal amount of its senior notes (the “Consenting Noteholders”) have now executed the Restructuring Support Agreement (the “RSA”) and Ba...
Petrobras Collaborates with New Phase of Lava Jato Operation
Brazil >> 9/11/2020 - Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the Federal Police are investigating possible wrongdoing in connec...
Genel Energy Announces Intention to Refinance
United Kingdom >> 9/11/2020 - Genel Energy plc has engaged Pareto Securities to organise a roadshow with international credit investors. The Company may, subject to market conditions and acceptable terms on the new issue, rais...
European Energy Successfully Issues New Hybrid Green Bond
Denmark >> 9/10/2020 - European Energy A/S has closed the book on a new hybrid green bond at EUR 75 million at 6.125 per cent interest. The bond received significant attention from investors and was oversubscribed. ...
Husky Announces Review of West White Rose Project
Canada >> 9/9/2020 - Husky Energy announced a review of the West White Rose Project in the Atlantic region. The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the ...
Rex Signs Options Agreements to Fund Exploration Drilling of Two Wells
Norway >> 9/9/2020 - Rex International Holding Limited, a technology-driven oil company, announced that its direct wholly-owned subsidiary Rex International Investment Pte Ltd (“RII”) has entered into options agreements (...
PetroTal Provides Update on the Bretana Oil Field
Peru >> 9/9/2020 - PetroTal Corp. expects and is ready to reopen the Bretana oil field as soon as the ongoing discussions between the communities and the Government of Peru have been ratified, which is expected in the n...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.