In a statement, Bunge said that it is “not engaged in business combination discussions with Glencore Agriculture Limited or Glencore plc”
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Chief executive Paul Welch said the start of the year brought good momentum, and added that the company looks forward to capitalising on the opportunities ahead.
Sproule has already interpreted all available seismic and well data in the region surrounding block 2A.
Shareholders also approved a new remuneration policy that will lower performance incentives.
Falcon said it ended its first half in a strong financial position, with US$10.1mln of cash and no debt.
Well 144 is planned to drill down to 2,500 metres, with the target at a depth of 2,200 metres.
As post-well evaluation continues for the Liberia asset, COPL is now focussing on OPL 226 offshore Nigeria where it is hoping to drill an appraisal well.
Avanti issued 2.24mln units at seven cents per unit, raising C$156,660.
“We have an excellent gas discovery in our primary target, the Abu-Madi, and view the well results as a very significant success," says chief executive Paul Welch.
Revenues increased by 41% year-on-year, 36% quarter-on-quarter.
'The company has amassed a large concentrated land base within the Mannville trend in West Central Alberta'
“We are pleased to have completed this transaction...” said Tom Stabley, chief executive.
As part of a farm-out in 2016, PAE will fund 100% of the cost of a two well program
The first three months saw it earn $2.3bn, or an adjusted $1.23 per share
Madalena said it sold around 4.68mln escrowed shares in Point Loma Resources
The group issued 6.65mln units at 7 cents each for gross proceeds of $465,500
Baker is now interested in around 3.7mln shares, or 11.01% of the capital, compared to previously when he had around 4%.
New wells are planned at the Lalla Mimouna and Sebou projects later this year.
Joyner will be replaced by John Li as interim finance chief until a replacement is appointed.
Whilst the North American market is seeing an increase in activity, the company noted that seasonal weakness in international business was exacerbated by ‘cyclical headwinds’.
Closing of the fundraise is expected to take place in tranches, with tranche 1 expected to close tomorrow.
Citi has cut its stance on BP to 'neutral' and chopped its rating for Shell to 'sell' after scrutinising recent annual reports.
Production is expected to double over the next 12 months.
China-focused E&P Primeline Energy Holdings has hired broker CLSA Singapore Pte to provide strategic and financial advisory services, it said.
Eagle Ford was one of the most actively drilled targets in the U.S.