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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

Facilities such as this will play an instrumental part in supporting marginal field production by facilitating crude exports and increasing revenue generation in Nigeria,” said the African Energy Chamber (AEC) in a statement. “As The terminal itself boasts a storage capacity of 750,000 barrels.

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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9

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ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

Oil & Gas 360º

It is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 The Company will be drilling its next well, Prospect I which is located onshore Namibia in Petroleum Exploration Licence 073 (PEL 73).

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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

Viper defines free cash flow margin as cash flow from operations less capital expenditures divided by total barrels of oil equivalents. an independent petroleum engineering firm, and comply with definitions promulgated by the SEC. at closing at strip pricing and decreasing thereafter; near-term net debt target of $1.5

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Presentation of Oil and Gas Information In respect of 2024 year-end reserves information contained in this press release, Strathconas reserves have been evaluated in accordance with Canadian reserve evaluation standards under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities (NI 51-101).

BBL
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.