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General Interest 2009 P12

  • 11/24/2009 -- Gran Tierra Energy appoints president
    Gran Tierra Energy Inc. appointed Julian Garcia as president of Gran Tierra Energy, Colombia.
  • 11/24/2009 -- MARKET WATCH: Gas price rises as crude closes flat
    Natural gas prices for December delivery gained in trading Nov. 23 as crude oil closed “flattish after failing to surpass $80[/bbl] resistance as a bullish October home sales report was tempered by a weak dollar,” said analysts at Raymond James & Associates Inc.
  • 11/24/2009 -- Eni buys Uganda interests from Heritage Oil
    Heritage Oil PLC has agreed to sell its Ugandan interests—a 50% working stake in Blocks 1 and 3A, which cover the northern and southern end of Lake Albert—to Italy's Eni SPA for as much as $1.5 billion.
  • 11/24/2009 -- Statoil compliance ends US bribery charges
    The US Department of Justice dismissed bribery charges against Statoil ASA after the company satisfied conditions under a deferred prosecution agreement (DPA) for 3 years.
  • 11/24/2009 -- Utility groups urge derivatives-reform caution
    Three trade associations representing natural gas and electric utilities urged leaders of two US Senate committees considering over-the-counter derivatives reform to not unwittingly cut utilities off from critical financial markets.
  • 11/24/2009 -- Israel
    Bontan Corp. Inc., Toronto, acquired through a subsidiary an indirect 71.63% working interest in two drilling licenses and one exploration permit in the Levantine basin in the eastern Mediterranean 40 km off Israel.
  • 11/23/2009 -- MARKET WATCH: Crude prices slide; gas prices inch up
    The front-month crude oil contract in the New York market fell Nov. 20, while the front-month gas contract made slight gains.
  • 11/23/2009 -- Brazil's Wahoo North presalt find extended
    A group led by Anadarko Petroleum Corp. found more than 90 ft of net oil pay at the Wahoo-2 (Wahoo North) appraisal-exploration well in the northern Campos basin in the same presalt interval as the Wahoo discovery.
  • 11/23/2009 -- Niko hikes Indonesia stake with Black Gold buy
    Niko Resources Ltd., Calgary, said it will hold an interest in 12.1 million net exploration acres in Indonesia and become one of the country’s larger holders of deepwater exploration acreage with acquisition of Black Gold Energy LLC, Sugar Land, Tex.
  • 11/20/2009 -- CNPC signs new agreements with Sudan
    China National Petroleum Corp., apparently shrugging off environmentalists’ concerns, has signed three oil and gas cooperation agreements with the government of Sudan.
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