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Independent Resources, Nostra Terra to Acquire Producing Egyptian Asset
Tuesday, October 06, 2015 Independent Resources and Nostra Terra Oil & Gas Company reach an agreement with TransGlobe Energy Corporation to acquire a 50% non-company operated interest in the East Ghazalat concession in Egypt.
Official: Libya's Oil Output Down To 300,000 Bpd
Monday, October 05, 2015 Libya's oil production has dropped to 300,000 barrels per day, mostly because of insecurity and closed pipelines, a top official said.
San Leon Hits Gas in Morocco amid Buyout Speculation
Wednesday, September 30, 2015 San Leon Energy hits gas in Morocco after receiving a bid approach that could lead to an offer being made for the company.
Sound Oil Makes Board Changes
Monday, September 28, 2015 Sound Oil appoints 2 new non-executive directors following the resignation of Andrew Hockey and Gerry Orbell.
East Libya to Punish Oil Companies Backing Rival Government
Thursday, September 17, 2015 Libya’s internationally recognized government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation’s crude deposits.