Arawak Energy Company News

Recent Articles

Results 25 articles shown

Arawak Terminates MENA Strategic Cooperation Agreement with Gulfsands
Arawak Energy terminates strategic cooperation agreement with Gulfsands Petroleum for the Middle East and North Africa.
7:00 PM EST | January 25, 2015
Kazakh E&P Co Arawak Ceases Trading on LSX, Directors Step Down
Arawak Energy announced that following the successful offer by Rosco S.A. to acquire all of the outstanding common shares of Arawak, the company's shares have been delisted from trading on the London Stock Exchange.
8:00 PM EST | April 23, 2009
Arawak Releases 2008 Reserves Summary
Arawak's total working interest production in 2008 was 4.17 million boe, or 11,393 barrels of oil equivalent per day. At the beginning of March 2009, Arawak was producing approximately 14,300 boepd.
8:00 PM EST | March 10, 2009
Arawak Resumes Production at 4 Kazakh Fields
Arawak is resuming oil production at its four operated fields in Kazakhstan.
7:00 PM EST | January 21, 2009
Arawak Slashes Oil Production from 4 Kazak Fields
Arawak has temporarily curtailed oil production at its four operated fields in Kazakhstan as a result of the continuing high taxation and export duty provisions levied by the authorities in Kazakhstan.
7:00 PM EST | December 04, 2008
Arawak's Production Output Rises in Kazakhstan Fields
Arawak Energy's net production has risen to approximately 12,750 barrels of oil per day following a rise in produced volumes at the Akzhar and Besbolek fields in Kazakhstan.
8:00 PM EST | October 15, 2008
Kazakhstan Approves Arawak's Akzhar, Besbolek Development
Arawak Energy announced that the government regulatory authority in Kazakhstan, the Central Committee for Development, has approved the technical plans of development for the Akzhar and Besbolek oil fields.
8:00 PM EST | September 24, 2008
Arawak Acquires 40% Stake in Saigak Field
Arawak Energy Limited has completed the acquisition of Saigak Investments BV, a company that has a 40% participating interest in the Saigak field in Western Kazakhstan, from Vitol BV.
8:00 PM EST | June 09, 2008
Arawak Hails High Production Rates in Russia, Kazakhstan
Arawak Energy Limited had total production from Kazakhstan and Russia in the first quarter 2008 averaging more than 11,820 bopd.
8:00 PM EST | April 22, 2008
Arawak Snags Sotchemyu Block Adjacent to Existing Russian Blocks
Arawak Energy Corporation announced the acquisition of a 100% interest in the South Sotchemyu Block in the Komi Republic in northern Russia adjacent to the company's existing producing assets.
7:00 PM EST | November 28, 2007
Arawak Hits Again in Kazakhstan
Arawak Energy has encountered three oil-bearing horizons at Besbolek and two oil-bearing intervals at Akzhar field.
8:00 PM EST | October 15, 2007
Arawak Discovers Oil at Besbolek Block in Kazakhstan
Arawak Energy has made a discovery on its 100% owned Besbolek block in Kazakhstan. Exploration well No. 50 has discovered oil in a previously untested structure in the south of the block.
8:00 PM EST | July 22, 2007
Arawak to Acquire Stake in Saigak
Arawak Energy Corp. has entered into an agreement, subject to certain conditions, under which it expects to acquire Saigak Investments BV (SIBV), a company that has a 40% participating interest in the Saigak field in Western Kazakhstan.
8:00 PM EST | June 04, 2007
Arawak Acquires Second Exploration Block this Month
Arawak Energy Corporation announced its second acquisition this month: a 100-percent interest in the Kymbozhyuskaya Block (the "Block") in the Komi Republic of Russia, close to the Company's existing producing fields.
7:00 PM EST | December 18, 2006
Arawak Graduates to the TSX
("Arawak" or the "Company") is pleased to announce that the Company has received conditional approval from the Toronto Stock Exchange ("TSX") for the listing of its common shares on the TSX, subject to meeting the final TSX listing requirements.
7:00 PM EST | October 30, 2006
Arawak Finds Oil on North Irael Block in Russia
Arawak Energy reports that Recher-Komi no. 61, an exploration well in the North Irael block has found oil, proving up a new pool in the block.
8:00 PM EST | September 27, 2006
Arawak Reports Strong Second Quarter
Arawak Energy Corporation (the "Company" or "Arawak") said that it had a very positive second quarter.
8:00 PM EST | August 16, 2006
Arawak Acquires Additional Oil field in Komi Republic
Arawak Energy has signed a binding agreement to purchase a 50% interest in the North Irael field in the Komi Republic in the Russian Federation.
8:00 PM EST | May 07, 2006
Valkyries Says Sotchemyu-Talyu Field Sets New Production Record
Valkyries Petroleum says three new wells were drilled and completed in the first quarter of 2006 and have resulted in setting a new production record for the field of 7586 barrels of oil per day.
8:00 PM EST | April 18, 2006
Arawak Unit Resumes Production at Besbolek Block in Kazakhstan
Arawak Energy has received a favorable response from relevant government departments in Kazakhstan and the decision has been made to resume full production from the Besbolek block.
8:00 PM EST | April 09, 2006
Arawak Gets Approval for Expansion of the Akzhar Area in Kazakhstan
Arawak Energy says that following a favorable decision the contract area for the Company's largest field in Kazakhstan, Akzhar, has been expanded to 73 square kilometers.
7:00 PM EST | January 03, 2006
Arawak Inks E&P Contract for Alimbai Block in Kazakhstan
Arawak Energy has signed a contract for the exploration and production of hydrocarbons for the Alimbai field, between the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan.
7:00 PM EST | December 13, 2005
Arawak Announces Latest Well Results in Azerbaijan
Arawak Energy's associate Gobustan Operating Company Ltd. has announced the results of the latest appraisal well, Duvanny 104, completed in October 2004.
7:00 PM EST | November 23, 2004
Arawak Releases South West Gobustan Reserves Report
Arawak Energy has released the summary results of an independent reserves evaluation of the South West Gobustan Exploration, Development and Production Sharing Agreement area completed by Ryder Scott Company.
8:00 PM EST | April 28, 2004
Gobustan Completes Seismic Survey in Azerbaijan
Gobustan Operating Company has completed the acquisition of 2D seismic covering the entire Coastal block in Azerbaijan.
7:00 PM EST | March 22, 2004