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News Categories: Finance and Investing News

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Beach Energy to Produce Up to 9.4 MMboe, Spend $470M in Capex in FY 2015
Tuesday, July 29, 2014 Beach Energy plans to produce 8.6 to 9.4 million barrels of oil equivalent and spend up to $470 million in capital expenditure in financial year 2015.

Post Oak Energy Capital Commits $150 Million to CP Exploration II, LLC
Monday, July 28, 2014 Post Oak Energy Capital announces that it is committed to a $150 million line of equity to CP Exploration.

Mexico's Pemex 2nd-Qtr Losses Widen to 52.2B Pesos
Friday, July 25, 2014 State-owned oil company Pemex reported a wider second quarter loss hurt by higher sales costs, declining asset values and higher taxes, the company said on Friday.

Thai PTTEP 2Q Net Profit Up 55%, Beats Forecast
Friday, July 25, 2014 PTTEP reports a 55 percent rise in second quarter net profit due to higher petroleum sales and firmer global oil prices.

Sources: Reach Energy Locks in Cornerstones for IPO
Thursday, July 24, 2014 Malaysia's Reach Energy, a special purpose acquisition company with no existing assets, locked in up to seven cornerstones for its $236.93 million IPO, two sources involved with the deal say.

Schlumberger Second-Quarter Profit Falls 24%
Thursday, July 17, 2014 Schlumberger, the world's largest oilfield services company, reports a nearly 24% fall in quarterly profit.