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Stream Oil & Gas to merge into TransAtlantic Petroleum

Stream Oil & Gas Ltd. (TSX-V: SKO) (“Stream” or the “Company”) is pleased to announce that it has entered into an Arrangement Agreement (the “Agreement”) to merge into TransAtlantic Petroleum Ltd (the “Transaction”). TransAtlantic,…

TANAP gas supply to increase by 2026

Europe is unlikely to be able to reduce its reliance on Russian natural gas for at least the next decade and even further, Fitch Ratings said on August 26. At best, the European Union may be able to avoid significant increasing of its…

Petromanas provides operational update

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced the filing of its financial results for the second quarter of 2014 and provided an update on its activities in Blocks 2-3 onshore Albania. The Company holds…

Bankers announces Q2 results

Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK) (AIM: BNK) is pleased to provide its 2014 second quarter financial and operational results. During the quarter, Bankers achieved a netback of $53.89 per barrel and free cash…

Onshore “oil seeps” in Greece and Albania

Energean new exploration areas in the west of Greece, by the Adriatic Sea, hold the most potential to transform the company from a minor oil and gas company into a fairly significant player. An arc extending north from southwestern Greece,…

Shah Deniz increases average gas production

The average daily gas production at Azerbaijan's giant Shah Deniz gas condensate field in the Caspian Sea is over 27 million cubic meters. "The volume of gas production in the field is high. It is now at the level of 27.3-27.4 million…

TAP Announces Progress

The Trans Adriatic Pipeline (TAP) is moving forward with its plans, issuing an official contract notice with a clear message: the project will not stop. ‘The scope of this particular Supply Contract will include manufacturing, testing…

Stream Oil & Gas Signed Letter of Intent

Stream Oil & Gas Ltd. (TSX-V: SKO) (“Stream” or the “Company”) announces that it has entered into a Letter of Intent (“LOI”) to arrange the issuance of a debenture of up to Cdn$5.0 million to Letho Resources Corp. ( TSX-V: LET)…

TAP launches new visual identity

The Trans Adriatic Pipeline (TAP) launched a new visual identity and website signifying the next phase of the project’s development, as preparations continue to build the 870km pipeline. TAP will be an important element of the Southern Gas…

Petromanas on Molisht-1: drilling up to 6000 meters

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided a further update on the drilling of the Molisht-1 well onshore Albania. The well is located on Blocks 2-3, in which the Company holds a 25% working interest…