Oilbarrel Newsletter 24th July 2013

Oilbarrel Weekly Roundup 18th - 24th July 2013 61st Oilbarrel Conference Tuesday 3rd September 2013 Sponsored By Tuesday 3rd September 2013 ***NEW VENUE*** The Brewery Chiswell Street London EC1Y 4SD (Nearest stations are Moorgate, Barbican and Liverpool Street) SAVE THE DATE Click here to Register or contact support@oilbarrel.com If you are interested in Speaking or Sponsoring an Oilbarrel event  please contact; Sophie Barrowman - sophie.barrowman@oilbarrel.com T: 02075623362   Latest News News: July 24, 2013 Providence Resources Dented As Dunquin Wildcat Hits Water Not Oil Shares in Providence Resources took a hit on Monday, sliding 57.5 pence to 480 pence, on news that a much-anticipated wildcat had come back empty handed.  The supergiant Dunquin prospect in the southern Porcupine Basin off Ireland's west coast had long intrigued the industry because of its sheer scale: there had been talk that success here could transform European energy flows. Full story... News: July 23, 2013 Serica Energy Gearing Up For Major Drilling Phase After Successful Farm-Outs It has been some time since we last looked at Serica Energy, which is listed both on London’s AIM market and Canada’s TSX exchange. Back in late 2010, the company was contemplating the sale of its Indonesian assets, to focus on interests closer to home, in western Europe. Full story... News: July 23, 2013 Northern Petroleum's New MD Focuses On Corporate Governance And Delivering On Promises To Restore Investor Confidence After last month's bruising AGM, the new man in charge at Northern Petroleum has no illusions about the challenges ahead.  But Keith Bush, who joined the AIM-quoted company last year as COO as part of the succession planning for the retirement of long standing MD Derek Musgrove, is confident that the company's fortunes can recover. Full story... Features: July 22, 2013 Poweralternatives: Altona Energy Signs MoU To Acquire Coal Mining Interests In China As Its Flagship Coal-to-liquids Project In Australia Inches Towards Test Drilling In Q4 You wouldn't know it from the share price but AIM-quoted Altona Energy, now trading at under a penny a share, is steadily making progress with what was always going to be a long term scheme, its Arckaringa coal-to-liquids project in Australia. This is an ambitious and highly strategic project, designed to turn dirty coal into high quality synfuels with an associated carbon capture and storage facility.  Full story... News: July 22, 2013 Sound Oil Has Its First Material Discovery With Its Nervesa Well In Italy James Parson stepped up from being CFO of AIM- listed Sound Oil late in 2012. As CEO he has just announced the first material appraisal in Italy with the Nervesa well. This follows the likelihood of first production from the Rapagnano field, also in Italy. These drills presage a multi-well programme of a further three material wells lined up for 2013 and 2014 in that country Full story... Market Overview: July 19, 2013 WTI Narrows The Difference With Brent Crude To Just US$1 A Barrel As The American Driving Season Gets Into Full Swing Positive economic news is moving the oil market and while higher oil prices might please producers; the flip side is an anxious consumer base. In early trading on Friday, Brent crude was higher than US$109 with WTI catching up at above US$108 a barrel. Full story... News: July 18, 2013 Victoria Oil & Gas Confirms Year-End Production Guidance Despite Customer-End Bottleneck In Cameroon Victoria Oil & Gas may own a large gas-condensate field in the heart of an energy-starved industrial region but, as reflected in its under-pressure share price, down 47 per cent on year-ago levels, it is one thing to prove up a material resource, quite another to get it to customers with no history of burning gas.  The company's 95 per cent owned Logbaba gas-condensate field lies in the Doula region of Cameroon, where there's fierce demand for a reliable energy supply. Full story... Press releases July 24, 2013 - Mediterranean Oil & Gas Acquisition of Interest in Offshore Malta... July 24, 2013 - Europa Oil & Gas Director's Dealings July 24, 2013 - Northern Petroleum Plc Directorate Change July 24, 2013 - Range Resources Merger Update - Potential Sale of Russian... July 24, 2013 - Falcon Oil & Gas Ltd Statement re Possible Offer July 24, 2013 - IGas Plc Share Incentive Plan July 24, 2013 - IGas Plc Issued Share Capital  July 24, 2013 - Faroe Petroleum Director/PDMR Shareholding July 24, 2013 - Jubilant Energy Successful Test Results July 24, 2013 - Enegi Oil Fyne Oil Field Update  July 24, 2013 - Enegi Oil Newfoundland Farm-In Completed and £2.018m... July 23, 2013 - Europa Oil & Gas Update re French Exploration Permits July 23, 2013 - Northern Petroleum Plc Completion of GM-ES-4 Exploration Well  July 23, 2013 - Falcon Oil & Gas Ltd Falcon Oil & Gas Ltd-Hungary Drilling Update  July 23, 2013 - Max Petroleum Successful appraisal well at Uytas July 23, 2013 - Frontier Resources International Plc Operational Update: Zambia  July 23, 2013 - Bowleven Plc Etinde Exploitation Authorisation Application July 23, 2013 - Jupiter Energy Limited Appendix 5B July 23, 2013 - Jupiter Energy Limited Quarterly Update  July 23, 2013 - Target Energy Limited Target Secures Funding July 23, 2013 - Wessex Exploration Plc Drilling Report July 23, 2013 - Tullow Oil plc Drilling update - Mozambique and French... July 23, 2013 - Plexus Group 25% interest in UK Private Engineering Co... July 23, 2013 - Neon Energy Ltd Rig Mobilisation Vietnam Block 105 Cua Lo-1 July 23, 2013 - San Leon Energy Board Changes  July 22, 2013 - Range Resources Guatemala Update  July 22, 2013 - Ascent Resources Disposal of Italian Subsidiary July 22, 2013 - Bahamas Petroleum Company Plc Licences Renewed with Extended Tenure July 22, 2013 - Gulf Keystone Petroleum Statement on Agreement with M&G July 22, 2013 - Soco International Operations Update  July 22, 2013 - Sterling Energy Plc Results for the 6 months ending 30 June 2013 July 22, 2013 - Tower Resources plc Statement regarding results of Murombe-1... July 22, 2013 - Egdon Resources Union Jack Oil plc AIM Admission Document  July 22, 2013 - Ceres Power Holdings New Partnership Agreement with KD Navien July 22, 2013 - Magnolia Petroleum Excellent Production at First Jake Bakken... July 22, 2013 - Providence Resources Dunquin operational update July 22, 2013 - Plexus Group GBP 2.5M POS-GRIP Contract Win - Statoil  July 19, 2013 - IGas Plc Notice of AGM and Posting of Financial... July 19, 2013 - Beach Energy Hydrocarbon shows in El Salmiya2 well, Abu... July 18, 2013 - Ceres Power Holdings Second Price Monitoring Extn  July 18, 2013 - Tangiers Petroleum Ltd Quarterly Report June 2013  July 18, 2013 - Victoria Oil & Gas Plc Chief Executive Officer's Letter to... July 18, 2013 - JKX Oil & Gas Successful Recompletion of NN-71 Well in... July 18, 2013 - Nostra Terra Oil & Gas Company PLC Production at CT5 Exceeds Expectations  July 18, 2013 - Sound Oil PLC Appointment of Chief Financial Officer July 18, 2013 - Mediterranean Oil & Gas Operational Update July 18, 2013 - Falcon Oil & Gas Ltd Falcon Oil & Gas Ltd. Announces the... July 18, 2013 - Max Petroleum Borkyldakty Field Placed on Full Field... July 18, 2013 - Exillon Energy Drilling Update  Don't forget to visit our other website

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