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Yahoo! Finance - 06/19/2013
Atwood Oceanics, Inc. ( ATW ) announced the pricing of senior notes worth $200 million due to mature in 2020. The Texas-based offshore drilling contractor also declared that the notes will carry a yearly interest of 6.5%. The offering is expected to close on Jun 21, 2013.
Atwood plans...
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Offshore Energy Today - 06/19/2013
Romanian drilling contractor GSP Offshore has announced it has become a full fledged member of the Russian Association of Drilling...
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Morningstar - 06/18/2013
Lenders looking to buy ATP Oil & Gas Corp.'s (ATPAQ) deep-water drilling assets have increased the cash portion of their $690 million bid, a move that could appease the bankruptcy judge overseeing ATP's Chapter 11 case.
In a Monday filing with U.S. Bankruptcy Court in Houston, lenders led by an affiliate of Credit Suisse Group AG (CS) said they would pay $55...
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Offshore Magazine - 06/18/2013
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Seeking Alpha - 06/18/2013
In Power Hedge's article, " Pacific Drilling: Strong Growth Potential And Undervalued Relative To Peers ", you can read about Pacific Drilling's ( PACD ) bull case. It summarizes something along the lines:
Including its existing modern rigs plus new rigs and contracts concentrated in ultra-deepwater, Pacific Drilling should be on course to have $600 million in EBITDA during 2015, whichâ–ª ...
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Marketwire, Inc. - 06/17/2013
Ithaca Energy Inc. (TSX VENTURE: IAE )
Not for Distribution to U.S. Newswire Services or for Dissemination
Stella Field Development Drilling Commences
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces the commencement of development drilling operations on the Stella field, with the first well on the field having been spudded using the Ensco 100 heavy dutyâ–ª ...
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Calgary Herald - 06/14/2013
A drilling boom in the Alberta Duvernay could lead to $1 billion in spending by drilling contractors, a report says.
Photograph by: Stuart Davis , Vancouver Sun
CALGARY — Growing activity in the Alberta Duvernay liquids-rich shale play is expected to spark $1 billion in investment by drillers contracted to probe its depths, a study says.
“We believe the current pace of activity...
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Yahoo! Finance - 06/14/2013
Offshore drilling giant, Transocean Ltd. ( RIG ), recently issued a Fleet Update Summary for the period commencing May 15, 2013 to date. The value of all the new deals and extensions in contracts, in the same time frame, is estimated to be roughly $262 million. The update covers the company's offshore drilling rig status and contract information.
Per the report, GSF Explorer, anâ–ª ...
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INQUIRER - 06/14/2013
A unit of Nido Petroleum Ltd. will be taking more time to drill into the West Calamian oil and gas block off northwest Palawan, in an area adjacent to the producing Malampaya gas field.
In a report posted on its website, Nido said its wholly owned subsidiary, Nido Petroleum Philippines Pty Ltd, had secured a six-month extension from joint venture partner PNOC Exploration Corp. (PNOC EC)...
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4-Traders - 06/13/2013
ASX ANNOUNCEMENT Service Contract 58 - Election to Drill Extension
Nido Petroleum Limited (ASX:NDO) ("Nido or the Company")...