Oilbarrel Newsletter 4th April 2013

Oilbarrel Weekly Roundup 27th March - 4th April 2013 59th Oilbarrel Conference Thursday 16th May 2013 Sponsored By: Thursday 16th May 2013 ***NEW VENUE*** The Brewery Chiswell Street London EC1Y 4SD (Nearest stations are Moorgate, Barbican and Liverpool Street) Presenting Companies Include: Hyperdynamics Nighthawk Energy Trinity Oil & Gas Click Here to Register or contact support@oilbarrel.com Master Investor 2013 - Register now!! Master Investor 2013, the UK’s leading investment show, returns on Saturday April 27th at the Business Design Centre in London. And as a Minesite subscriber you could be attending for free! To claim a free pair of tickets (worth £40) CLICK HERE and enter the Promotional Code OIL2013 For more details on the unrivalled speaker line up and exhibiting quoted companies visit the Master Investor website. Latest News News: April 04, 2013 New World Oil & Gas Secures US$8 Million Funding To Test The New Belize Well Or Drill Its Denmark Prospects When they come to look back on it, investors in London AIM quoted New World Oil & Gas might feel that the announcement on March 28  that the company had successfully raised US$8 million was a seminal moment in the group’s development. As broker Fox-Davies put it while commenting on the funding. Full story... News: April 04, 2013 Canada’s Sea Dragon Energy Wants More Africa Exposure As Egyptian Wells Deliver More Oil And Gas Canadian junior Sea Dragon Energy is enjoying steady and rising production in Egypt, despite the North African country’s ongoing political woes.The TSX Venture listed group, which is currently solely focused on the North African state, said this week that it’s net oil production during the month of January averaged 1,526 barrels per day (bopd). Full story... News: April 03, 2013 Jupiter Energy Surpasses Its Predicted Output Target With Four Of Its Kazakh Wells In Production A few years ago the current CEO of Jupiter Energy, Geoff Gander, finding acreage too tightly held in his native Australia for the kind of growth oil and gas start up he was wanting to found, looked elsewhere and finally alighted on Kazakhstan in Central Asia. Here he managed, in 2008, to acquire 100 per cent of the Block 31 permit, located in the oil-rich Mangistau Basin, close to the port city of Aktau. Full story... News: April 03, 2013 President Energy Enjoys Cash Boost From Louisiana Oilfields And Spies Additional Reserves In Argentina The past two years have seen President Energy switch the focus of its investments from the Lower 48 to more material projects in Southern America.  A game-changing acquisition in 2011 delivered producing properties with material upside in northwest Argentina while last year it staked a claim to high impact exploration acreage in Paraguay.  Despite the attractions of these new properties, the company retained its legacy assets in the US, where production is now running at 250 boepd, its highest level of three years Full story... News: April 02, 2013 Global Energy Development Learns From Its Initial CHOPS Setback And Seeks Farm-In Partner For Shale Development In Colombia Compared to many of its peers, Global Energy Development is in an enviable position, with robust production of over 1,300 bpd that has kept the company cash flow positive for its ten-year run on AIM, and, until recently, it boasted 2P reserves of 118 million barrels, one of the highest on AIM. Full story... News: April 02, 2013 Brazilian Indie HRT Spins The Drill Bit Off Namibia As It Launches International Oil Search Brazilian independent HRT is getting to grips with its high impact, high risk international portfolio off the south-western African coast. The company, which is listed in Brazil and also on Toronto’s Venture Exchange in Canada, announced last week that it is drilling ahead on the Wingat prospect offshore Namibia, through local subsidiary, HRT Walvis Petroleum. Full story... Market Overview: March 28, 2013 Oil Prices Waver A Bit Over Cyprus Banking Crisis As Cypriot citizens lined up to get access to a few hundred euros from their bank accounts, the oil price wavered slightly in advance of the Easter weekend.  Having gained more than US$4 this week, WTI was trading above US$96 with Brent Crude still priced just below US$110 a barrel on Thursday. Full story... News: March 27, 2013 Fastnet Oil & Gas Opens Data Room For Its Celtic Sea Acreage As It Readies For Large 3D Seismic Shoot To Built Portfolio Of Drill-ready Prospects, Including Kinsale Deep Providence Resources has been the catalyst behind a renewed surge of investment in the waters off Ireland, having unlocked the large Barryroe oilfield in the Celtic Sea and attached big names like ExxonMobil to a wildcat campaign.  Others are building on these successes, among them fellow AIM company Fastnet Oil & Gas.  With backing from some of the team behind Cove Energy, the AIM start-up that went stratispheric on the back of supergiant gas finds offshore Tanzania, Fastnet  has made a good start since its IPO in June 2012, securing large tracts of exploration acreage offshore Ireland and Morocco. Full story... News: March 27, 2013 InfraStrata Gears Up To Drill Its First Oil And Gas Exploration Wells While Not Abandoning its Gas Storage Projects Entirely The financials in the interim results for AIM listed InfraStrata plc for the six months ending January 31 2013 are nothing to write home about. But nobody thought that they would be. Losses fell from £1.18 million in the first half year to January 2012 to £0.79 million for the comparable period ending January 31 2013. InfraStrata is in the business right now of planning and building ambitious projects, so it is not generating lots of money. The important thing is it still has around £900,000 in cash, which is enough to pay the wages and other overheads while it gets on with its grand schemes. Full story.. Press releases April 04, 2013 - Infrastrata Acquisition of interests by Corfe Energy  April 04, 2013 - Roxi Petroleum Plc $40 million equity investment update April 04, 2013 - Ithaca Energy Inc Officers' Share Purchases  April 04, 2013 - Central Petroleum Ltd Central Farmout to Santos Moves Ahead April 04, 2013 - Central Petroleum Ltd Central Expands Shale Gas Play and... April 04, 2013 - Petroceltic International Italian Operational Update April 04, 2013 - Caza Oil & Gas, Inc Operational Update April 04, 2013 - Lochard Energy Holdings in Company April 03, 2013 - DECC Statement Michael Fallon Response To SSE Fine  April 03, 2013 - PA Resources UK Limited Carla exploration well commences in Block... April 03, 2013 - Bankers Petroleum Director/PDMR Shareholding April 03, 2013 - Argos Resources Ltd 2012 Annual Report  April 03, 2013 - Roxi Petroleum Plc Operational Update April 03, 2013 - AWE Limted AWE increases Sugarloaf 2P Reserves by 67% April 03, 2013 - Central Petroleum Ltd Central Petroleum Consolidates Interest in... April 03, 2013 - Green Dragon Gas Reserves Update April 02, 2013 - Bankers Petroleum Annual Information Update  April 02, 2013 - Ceres Power Holdings Grant of Share Options April 02, 2013 - Tethys Petroleum 2012 Annual Results and Operations Update April 02, 2013 - Petrel Resources Technical Update April 02, 2013 - Sefton Resources Reserves and Oil Production Increases  April 02, 2013 - Max Petroleum Successful Development Well  April 02, 2013 - Edge Resources Production Update April 02, 2013 - Volga Gas plc Preliminary Results April 02, 2013 - Bowleven Plc IM-5 preliminary testing update April 02, 2013 - Geopark Holdings Ltd Blocklisting Interim Review April 02, 2013 - CBM Asia Development Corp CBM Asia Updates CAD15 Million... April 02, 2013 - Heritage Oil plc... Farm-In Agreement April 02, 2013 - Geopark Holdings Ltd Block Listing Return March 28, 2013 - Northcote Energy Final Results  March 28, 2013 - Magnolia Petroleum Operations Update March 28, 2013 - Trap Oil Directorate Change March 28, 2013 - Antrim Energy Inc. Annual Report 2012  March 28, 2013 - Jupiter Energy Limited New Financing Arrangement March 28, 2013 - Trap Oil Final Results  March 28, 2013 - Providence Resources Notification of Interest in Share Capital March 28, 2013 - Enegi Oil Interim Results March 28, 2013 - Aminex Plc Preliminary Results March 28, 2013 - Caza Oil & Gas, Inc Final Results  March 28, 2013 - Tower Resources plc Final Results March 28, 2013 - The Parkmead Group Interim Results March 28, 2013 - Empyrean Energy Drawndown under Macquarie debt facility  March 28, 2013 - 3Legs Resources Director/PDMR Shareholding  March 28, 2013 - New World Oil & Gas Placing to raise £6.3 million March 28, 2013 - Falcon Oil and Gas Falcon Oil & Gas Ltd. Announces Admission... March 28, 2013 - Coastal Energy Co 2012 Financial Results & Operations Update  March 28, 2013 - Serica Energy plc Columbus Export Route Update March 28, 2013 - Trap Oil Group plc Directorate Change March 28, 2013 - Iofina plc Atlantis Water Project March 27, 2013 - DECC GOVERNMENT SETS OUT PLANS TO CUT EMISSIONS... March 27, 2013 - Antrim Energy Inc. Antrim Energy Inc. Reports 2012 Results... March 27, 2013 - Petrel Energy Petrel enters Cardium tight oil project March 27, 2013 - Talon Petroleum Talon announces President, CEO and... March 27, 2013 - Petrel Energy Trading Halt March 27, 2013 - FAR Limited FAR Secures Additional Acreage Offshore Kenya March 27, 2013 - Pantheon Resources Half Yearly Report March 27, 2013 - 3Legs Resources Notice of EGM and Shareholder Circular March 27, 2013 - Rockhopper Exploration Proposed Cancellation of Share Premium... March 27, 2013 - EnQuest Plc Final Results March 27, 2013 - Sterling Energy Plc Publication of Report & Financial... March 27, 2013 - Soco International Director/PDMR Shareholding  March 27, 2013 - Global Energy Development 2012 Annual Results March 27, 2013 - TomCo Energy Plc Trading Update Don't forget to visit our other website

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