Gulfoilandgas.com Unconventional Resources Newshttp://www.gulfoilandgas.com/Gulfoilandgas.com Unconventional Resources NewsCopyright 2017. All rights reserved.en-us60http://www.gulfoilandgas.com/webpro1/frame/GulfOil.gifgulfoilandgas.comhttp://www.gulfoilandgas.com/Wed, 23 Aug 2017 23:56:06 GMTBHP to Quit US Shale Business as Annual Profit SurgesTue, 22 Aug 2017 00:00:00 GMTBHP Billiton, the world's largest miner, reported a surge in underlying full-year profits and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=61133&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpTlou Energy Wins Mining Licence for Lesedi CBM ProjectMon, 21 Aug 2017 00:00:00 GMTTlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), has been advised that a Mining Licenc...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=61121&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpSanchez Energy to Sell Javelina Asset for $105 MillionThu, 17 Aug 2017 00:00:00 GMTSanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. The transaction is subject to customary te...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=61097&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpGreka Drilling Awarded Two New Contracts by PetroChina CNPCWed, 16 Aug 2017 00:00:00 GMTAIM-listed Greka Drilling, the largest independent and specialized unconventional oil & gas driller in Asia, has been awarded two new drilling contracts with PetroChina Huabei Oilfield (a subsidiary o...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=61019&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpChina to Build New Shale Gas Bases & Offer More Oil & Gas Block TendersTue, 15 Aug 2017 00:00:00 GMTChina is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=61015&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpBP Makes Mancos Shale Gas Discovery in New MexicoMon, 07 Aug 2017 00:00:00 GMTBP has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60936&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpTlou Energy Applies for Mining Licence for Lesedi CBM ProjectMon, 03 Jul 2017 00:00:00 GMTTlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), has lodged a Mining Licence Applicati...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60265&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpSanchez Energy to Sell Non-Core Marquis Asset in Eagle Ford ShaleFri, 16 Jun 2017 00:00:00 GMTSanchez Energy Corporation (Sanchez Energy) has sold its non-core Marquis asset in the Eagle Ford Shale to Lonestar Resources US, Inc. (Lonestar) for approximately $50 million of cash, subject to the ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=60014&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpCanada Invites Chinese Investment in Oil SandsFri, 09 Jun 2017 00:00:00 GMTThe Canadian government is inviting Chinese investment in its oil sands sector, Canada Natural Resources Minister Jim Carr said on Thursday, following a torrid six months in which $22.5 billion in for...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59822&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpApache Sells Canadian Oil Assets to Cardinal for C$330 MillionThu, 01 Jun 2017 00:00:00 GMTU.S. oil and gas producer Apache Corp is selling Canadian light oil assets to Canada's Cardinal Energy Ltd so it can focus on high-growth areas like the Permian basin shale play, an Apache spokesman s...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59628&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpShell Completes Divestment of Oil Sands Interests in CanadaWed, 31 May 2017 00:00:00 GMTRoyal Dutch Shell plc announces the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its i...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59613&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpS.Korea's SK Innovation Sees Oil Prices Staying Low, Eyes US CrudeTue, 30 May 2017 00:00:00 GMTSouth Korea's SK Innovation , which owns South Korea's top refiner SK Energy, said on Tuesday it expects U.S. shale output to keep oil prices low, and is looking for opportunities to bring in U.S. cru...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59600&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpFreedom initiates the drilling of its first horizontal Eagle Ford ShaleTue, 23 May 2017 00:00:00 GMTFreedom Oil and Gas Ltd (FDMQF) announced that it has commenced the drilling of the first well on its Dimmit County, Texas acreage targeting the Eagle Ford Shale. The well, Wilson BE #1, is the first ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59411&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpIndonesia Offers 15 Oil Blocks Amid Thin Industry InterestSun, 21 May 2017 00:00:00 GMTIndonesia is offering 15 conventional and unconventional oil and gas blocks to potential bidders, government officials said on Friday, hoping more flexible terms will help reverse flagging interest in...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59336&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpConocoPhillips Completes Sale of FCCL Partnership InterestWed, 17 May 2017 00:00:00 GMTConocoPhillips completed its previously announced transaction with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the m...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59284&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpSouth Africa to Award 1st Shale Gas Exploration Licences by End-SeptTue, 16 May 2017 00:00:00 GMTSouth Africa's government may award its first shale gas exploration licences by the end of September, after environmental objections delayed the process, a senior government official said. The five li...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59233&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpQuesterre Acquires Minority Interest in Red LeafThu, 11 May 2017 00:00:00 GMTQuesterre Energy Corporation (Questerre) has made a strategic investment in Red Leaf Resources, Inc. (Red Leaf). Through an agreement with one of the vendors, Whitehorn Resources Inc. (Whitehorn), Que...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59189&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpWintershall Starts First Pilot Well in ArgentinaThu, 11 May 2017 00:00:00 GMTWintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59202&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpSuncor to Apply to Build New Oil Sands Project in Northern AlbertaTue, 09 May 2017 00:00:00 GMTSuncor Energy, Canada's largest oil and gas producer, said on Monday it plans to submit an application to regulators for a new thermal oil sands project later this year, which could eventually produce...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59091&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urpOGA and EEEGR to Host Tight Gas HackathonMon, 08 May 2017 00:00:00 GMTThe Oil and Gas Authority (OGA), in conjunction with the East of England Energy Group (EEEGR), will host its second hackathon event in Norwich to bring operators and the supply chain together to focus...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=59102&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_urp