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Apache Declares Cash Dividends

Apache has declared regular cash dividends on the company’s common shares. [Continue]

European Countries Reject Proposed Drilling Ban

Members of OSPAR have rejected an Atlantic deepwater offshore drilling ban proposed by Germany, according the media reports. [Continue]

Shale Gas Could Alter Balance between Russia, Europe

James Slutz said European shale gas may alter the geostrategic balance between Russia and Europe. [Continue]

Surge to Take Stake in Western Alberta

Surge has entered into an agreement with a major independent Canadian corporation to acquire a high working interest in the Valhalla South area located in western Alberta. [Continue]

Petrobras Primes Bit in Campos Basin

Petrobras awarded BassDrill with a 945 day contract for which the company has ordered a new semisubmersible tender assist unit. [Continue]

Analysis: Penn. Hydraulic Fracturing Program Well-Managed

The Pa. program regulating hydro-fracking of O&G wells is, over all, well-managed, professional and meeting its program objectives. [Continue]

Landrieu to Block Appointment Until Moratorium Lifted, Modified

Landrieu will block the nomination of Jack Lew to be the Obama Administration’s Director of the OMB until the moratorium on deepwater O&G drilling is lifted or significantly moved. [Continue]

Samson O&G Concludes Goshen County Transaction

Samson O&G has closed an additional portion of its previously announced Goshen County transaction, confirming that an additional US $6.3 million was received for delivery of drilling permits for three State leases. [Continue]

Whiting Petroleum Completes Offering of Senior Notes

Whiting Petroleum has completed a public offering of $350 million aggregate principal amount of its 61/2% senior subordinated notes. [Continue]

Commodity Corner: Oil, Natural Gas End the Week Higher

A positive change in a German business indicator helped to bolster the euro against the dollar Friday, which in turn gave crude oil a nice bump to end the week. [Continue]

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