Canada's Newmex becomes Pearl E&P

By OGJ editors
HOUSTON, Mar. 2 -- Newmex Minerals Inc., Calgary, changed its name to Pearl Exploration & Production Ltd., reflecting its transition to an oil and gas exploration and development company from a mining company.

Pearl's holdings include a 50% working interest in the San Miguel heavy oil development project in South Texas, a 45% working interest in the Palo Duro basin gas resource exploration project in North Texas, and varying interests in other US oil and gas production and exploration projects.

The holdings also include a plan of arrangement to acquire all outstanding shares of Pan-Global Energy Ltd., an oil and gas company holding a 95% interest in the Onion Lake production and development project along the Saskatchewan-Alberta border near Lloydminster.

Related Articles

Noble, Nepco signs gas supply deal for Leviathan production

09/04/2014 Noble Energy Inc., Houston, reported signing a nonbinding letter of intent (LOI) to supply natural gas from Leviathan field offshore Israel to Jord...

Nova Scotia prohibits hydraulic fracturing

09/04/2014

The government of Nova Scotia has imposed an indefinite ban on hydraulic fracturing onshore.

Statoil shuts down production from Huldra platform

09/03/2014 Statoil ASA has permanently shut down production from its Huldra field platform on PL051/052 in the North Sea. The platform’s production lifespan o...

Gas production set to resume at In Amenas gas facilities

09/02/2014 Statoil ASA and partners BP PLC and Algerian state-owned Sonatrach are set to resume “ordinary operations” at the In Amenas gas production facility...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected