Hunt Oil Company News

Recent Articles

Results 50 articles shown

Hunt Oil Company Says It Will Cut 10% Of Its Workforce
Thursday, April 07, 2016 Hunt Oil Company will cut 10% of its workforce amid reduced activity in the oil and gas sector, a company spokeswoman says.

Pluspetrol to Invest $500M in Peru Natgas Block
Monday, August 04, 2014 The Camisea Consortium plans to invest $500 million in the next two years to explore and develop natural gas block 88 in southern Peru.

KNOC Subsidiary Gathers Canadian Assets From Hunt
Wednesday, December 15, 2010 Harvest Operations Corp. and Hunt Oil Company of Dallas, Texas, are pleased to announce they have signed a definitive agreement for Harvest Operations Corp. to acquire producing and undeveloped assets from Hunt Oil Company of Canada (HOCC), Inc.

Total Fires Up 2nd Yemen LNG Train
Monday, April 05, 2010 The second train of Total's Yemen LNG project has started production, cementing the company's position as a top-tier global LNG producer.

Peru to Sign 20 Hydrocarbon Exploration Contracts in '10
Monday, December 28, 2009 Peru's mining ministry is set to sign 20 new hydrocarbon exploration contracts in 2010, said state newspaper El Peruano Monday.

Total Starts Up Yemen LNG Production
Thursday, October 15, 2009 Total announces that the Yemen LNG liquefaction plant started producing Liquefied Natural Gas (LNG) on October 15, 2009.

Repsol to Open Wallet for $6B Investment in Peru
Tuesday, May 05, 2009 Repsol's President, Antonio Brufau, said Tuesday that the Spanish oil company will raise its investment in Peru nearly threefold to $6 billion.

Australia Grants 13 Offshore Petroleum Exploration Permits
Monday, November 24, 2008 The Australian Government has granted 13 new offshore petroleum exploration permits representing A$500 million(around US $318 million) of investment in the sector.

FAR, Hunt Search for Drilling Partner for Offshore West Africa Field
Tuesday, July 22, 2008 Senegal Hunt's technical studies confirm multiple fan systems with mean OOIP estimates of 183 million barrels for a single fan/single reservoir case further enhances exploration potential offshore Senegal, West Africa.

XTO Ups Production Target, Sets Development Budget at $4.5B
Tuesday, June 10, 2008 XTO Energy increased its 2008 production growth target to 28-30% based on agreements to acquire Hunt Petroleum and Bakken Shale from Headington Oil. XTO also announced the 2009 development budget to be around $4-4.5 billion.

XTO Enters Merger Agreement to Acquire Hunt for $4.1B
Tuesday, June 10, 2008 XTO Energy Inc. announced that it has entered into a definitive merger agreement with privately-held Hunt Petroleum Corporation and other associated entities for $4.186 billion.

FAR and Hunt Oil Farm Out Opportunity Offshore Sengal
Tuesday, May 20, 2008 FAR and Hunt Oil Company continue a global marketing campaign aimed at securing a drilling partner on prospects defined by 3D seismic offshore Senegal.

Holloman to Spud Wells on Cooper
Wednesday, October 17, 2007 Holloman Energy has scheduled Hunt Oil's Hunt 3 drill rig for an anticipated spud date of November 15, 2007.

Fox Petroleum Joins JV
Thursday, October 11, 2007 Fox Petroleum has signed an agreement entering into a 22.5% joint venture interest in the Multi-Pay Gas Well called the Spears Gas Unit 2, Well #1 in the Gomez Field, Pecos County, Texas.

Hunt Denies His Political Ties Aided Kurdish Pact
Wednesday, October 03, 2007 Hunt Oil Co. Chief Executive Ray Hunt said his ties to the Bush family and the Republican Party didn't help his company cut a deal last month to explore for oil in Iraq's semiautonomous Kurdish region.

Hunt Oil Skirts Baghdad, Signs Deal with Kurds
Monday, September 10, 2007 Hunt Oil Co. has struck a deal to explore for oil in Iraq's semiautonomous Kurdish region, signaling a new willingness by some large Western companies to bypass the fractious government in Baghdad and deal directly with regional authorities.

Peru Okays $3.8B LNG Project's Main Pipeline
Monday, June 18, 2007 Peru's energy and mines ministry has authorized the Peru LNG consortium to install and operate the principal pipeline of its US$3.8bn LNG export project.

First Australian: Processing Underway for Offshore Senegal Data
Tuesday, May 15, 2007 First Australian Resources Limited (FAR) reported Tuesday that Senegal Hunt Oil Co. has filed its quarterly reported submitted through Petrosen to the Ministry of Energy and Mines for the Republic of Senegal.

Largest-ever 3D Survey Offshore Senegal to Conclude This Week
Tuesday, March 20, 2007 First Australian Resources Limited (FAR) said that the acquisition phase of a 3D seismic survey offshore Senegal using the MV Symphony is due to be completed ahead of schedule on 25 March 2007.

Burren Reports 13% Jump in Earnings for 2006
Monday, March 19, 2007 Burren Energy on Monday issued its preliminary results for the year ended December 31, 2006.

Pancontinental Wins Offshore Namibia Permit
Friday, March 09, 2007 Pancontinental Oil & Gas NL has been awarded a 30,000 square kilometer offshore Reconnaissance License (RL) in the emerging hydrocarbon province, offshore Namibia.

Pemberton Wins Green Light to Kick Off Seismic Program
Monday, March 05, 2007 Pemberton Energy Ltd. said that surface land owners have agreed to let the company shoot its 3D seismic program on their lands. Moreover, Pemberton has received the necessary government permits for the survey.

First Australian: Offshore Senegal Seismic Begins
Friday, February 16, 2007 First Australian Resources Limited (FAR) said that the MV Symphony seismic vessel has begun acquiring seismic in the Rufisque, Sangomar, and Sangomar Deep blocks offshore Senegal.

Hunt Oil to tie in New Discovery to Pan Andean Platform
Friday, February 09, 2007 Hunt Oil has a new oil and gas discovery on High Island 31, 800 meters from the border of the Pan Andean High Island 30 Block offshore Texas.

Stratic Wins Four Blocks on UKCS
Friday, February 02, 2007 Stratic Energy Corporation said that its wholly-owned UK subsidiary, Stratic Energy (UK) Limited, has been awarded interests in four blocks in the recent United Kingdom Continental Shelf ("UKCS") 24th Seaward Licensing Round.

First Australian Reports Offshore Senegal Seismic
Monday, January 29, 2007 The MV Symphony seismic vessel is scheduled to commence acquiring seismic for FAR Offshore Senegal during the second week of February 2007.

CB&I Wins LNG Liquefaction Project in Peru
Tuesday, January 23, 2007 CB&I has been awarded a contract by Peru LNG S.R.L. for the engineering, procurement, fabrication, construction, and commissioning of a liquefied natural gas (LNG) liquefaction plant in Pampa Malchorita, Peru.

Hunt-led Consortium Launches Peru LNG Project
Monday, January 22, 2007 The Peru LNG project officially launched today by awarding to Chicago Bridge & Iron Company N.V. (CB&I) the engineering, procurement and construction (EPC) contract for a natural gas liquefaction plant valued in excess of US$1.5 billion.

Camisea Operator to Invest $85M in Pipelines
Thursday, December 14, 2006 Transportadora de Gas del Peru, or TGP, the company running Peru's Camisea natural gas and liquids pipelines, will invest $85 million in its pipeline system in 2007, the company's general manager said Thursday.

ICF Consulting Awarded Camisea Audit by IDB, CAF
Tuesday, September 26, 2006 The Inter-American Development Bank (IDB) and the Andean Development Corporation (CAF) have selected US firm ICF Consulting to conduct an environmental and social audit of the Camisea project in Peru.

Camisea Transport Audit Awarded to Germanischer for US$1.9mn
Thursday, September 14, 2006 Peru has awarded the audit contract for the Camisea natural gas and natural gas liquids transport system's construction quality to the Mexican unit of German industrial services company Germanischer Lloyd for US$1.9mn.

Peru Camisea Contract Talks to Wrap Up Soon
Monday, September 04, 2006 Contract talks between government officials and representatives from the consortia developing the Camisea natural gas project could be wrapped up early this week, Pluspetrol Peru Corp.'s general manager, Norberto Benito, said Monday.

Peru Kicks Off Contract Talks with Camisea Oil Companies
Thursday, August 17, 2006 High-level oil company officials and cabinet ministers started talks late Wednesday aimed at making changes to the contract regulating the Camisea natural gas fields.

CGG Awarded Seismic Contract for Work Offshore Senegal
Thursday, July 06, 2006 First Australian Resources reports that a contract for the acquisition of 2,000 square kilometers of 3D seismic data offshore Senegal has been awarded to GCC.

Central Gulf of Mexico Sale 198 Nets $581,820,861 in High Bids
Tuesday, June 13, 2006 The Minerals Management Service has accepted high bids valued at $581,820,861 and awarded 392 leases to the successful high bidders who participated in Oil and Gas Lease Sale 198.

Camisea Partners Start Drilling Pagoreni Field
Monday, June 05, 2006 Pluspetrol has started drilling works on the first of six wells on the Pagoreni field on Peru's block 56, Peruvian media reported.

Drilling Slated to Begin Saturday at Peru's Gas Block 56
Wednesday, May 17, 2006 Drilling is slated to begin Saturday at Peru's natural gas Block 56, Pluspetrol Peru Corp.'s general manager Norberto Benito said Tuesday.

Exec: IDB Could Decide Camisea II Loan Amount in September
Monday, May 15, 2006 The Inter-American Development Bank (IDB) could decide in September the amount of the loan it may provide to finance the second stage of the Camisea project, Camisea II, local press quoted consortium Peru LNG president Carlos del Solar as saying.

Hunt Signs E&P Contract for Block 76 in Peru
Wednesday, May 03, 2006 Peru's hydrocarbons promotion agency Perupetro has signed an E&P contract with US oil company Hunt Oil for block 76.

Ministry Set to Launch Camisea Audit Tender After 5th Spill
Thursday, March 09, 2006 Peru's energy regulator Osinerg has completed preparing the bidding rules for an audit of the construction of the Camisea pipeline project and will call for bids in coming weeks.

Peru LNG Holds Official Signing and Site Dedication with President Toledo
Thursday, January 12, 2006 Peru LNG announced that a ceremony was held today at Pampa Melchorita with special guests President Alejandro Toledo of Peru; for the purpose of dedicating the Liquefied Natural Gas Plant construction site and signing the Investment Agreement.

Perupetro Signs 6 E&P Contracts, Brings Total to 14 in 2005
Wednesday, December 14, 2005 Peru's hydrocarbons promotion agency Perupetro signed six exploration and production contracts on Tuesday with four companies, the last such agreements to be signed this year.

Osinerg Could Sanction TGP Over Pipeline Spills in Peru
Tuesday, December 13, 2005 Peru's energy regulator Osinerg will hire an international consulting firm to carry out an emergency review of the Camisea project's natural gas liquids (NGLs) pipeline operated by TGP after four spills in the past 15 months.

Hunt Oil & ExxonMobil File for Arbitration on Yemen Field
Monday, November 21, 2005 Hunt Oil and ExxonMobil announced that arbitration has been filed with the International Chamber of Commerce in Paris against the Republic of Yemen in response to Yemen's expropriation of Block 18 (the Marib Al-Jawf Block) in Yemen on Nov. 15, 2005.

Launch of Peru LNG Remains on Schedule
Friday, November 11, 2005 The news report yesterday regarding a Peru LNG EPC contract was not attributable to any authority within Peru LNG, and in fact the project remains on schedule to be launched by the end of the year 2005.

Yemen LNG Development Launched
Monday, August 29, 2005 The government of Yemen has approved the development plan for the Yemen LNG liquefied natural gas project. The shareholders in Yemen LNG will build a liquefaction plant in the port of Balhaf on the southern coast of Yemen.

Hunt Oil Signs Exploration Contract in Namibia
Tuesday, August 23, 2005 Hunt Oil Company, through its wholly owned subsidiary Namibia Hunt Oil Company, signed a Petroleum Agreement today with the Republic of Namibia.

Repsol YPF to Market Gas from Camisea Project in Peru
Monday, August 01, 2005 Repsol YPF has signed a firm agreement with the North American oil company Hunt Oil to develop the Peru LNG and Camisea field gas project.

Repsol YPF to Participate in Camisea Project and Peru LNG
Thursday, June 02, 2005 Repsol YPF has signed a Memorandum Of Understanding with the North American petroleum company Hunt Oil regarding Repsol YPF's future participation in Peru LNG and Camisea.

Gas Supply Contract Signed for Peru LNG Project
Thursday, March 03, 2005 Hunt Oil Company, as operator of the Peru LNG Project, announced that Peru LNG has signed definitive agreements to purchase 620 MMCFD of gas from the consortium of companies that constitute the upstream license holders in the Greater Camisea area of Peru.