Equatorial Guinea has ratified the PSC for Block EG-06 signed in Jan-2016 with ExxonMobil and GEPetrol. The EG-06 Block is located offshore Bioko Island, immediately north of Block R and adjacent to the international border with Nigeria.
Anadarko Petroleum has completed the sale of certain CO2 enhanced oil recovery (EOR) properties to KKR and Fleur de Lis Energy (NYSEARCA:FDL). The assets are located in the Powder River and Green River Basins of Wyoming.
Saipem announced that it has entered into a JV with Nigeria's Dangote Group.
Perpetual Energy has sold its interest in the West Edson asset in West Central Alberta to Tourmaline Oil for 6.75 million Tourmaline common shares worth approximately C$259 million (US$205 million).
Veresen has raised $200 million through its bought deal offering of 8,000,000 Series E Cumulative Redeemable Preferred Shares at a price of $25.00 per share.