Petrobras will look to borrow in currencies other than the U.S. dollar if it decides to sells bonds again this year, although Chinese yuan-denominated bond will likely have to wait.
Oando Energy Services Limited has announced the deployment of one of its swamp rigs, OES Passion, to execute a two year drilling contract with Shell in the Niger Delta.
Chief Executive Bob Dudley maintains he is prepared to settle "on fair and reasonable terms" ahead of the limitation and liability trial scheduled to begin in New Orleans at the end of this month.
The capital of Petropuli, which owns a 50% participating interest in the Morichito Block located in the Llanos Basin, Colombia, was acquired by Deep Core Inc.
The 2012 to 2013 drilling program is designed so that Kodiak is positioned to have nearly all of its acreage held by production by mid-2013, eliminating leasehold expiry across much of its 155,000 net acre position in the Williston Basin.
"We will build further momentum in fiscal 2012 by setting new drilling records, with 85 gross (37 net) oil wells currently on our drilling schedule," said Michael D. Davis.