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Union Jack Oil plc announce resumption of production at Keddington Oilfield

Oilfield Technology

During June 2025, Keddington produced a total of 992 bbl of oil over 23 days of timed pumped production averaging 10.4 h/d with an average flow-rate of 43 bpd gross during the period. The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.

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Permian Resources Expands Delaware Basin Position with $608M APA Deal

Oil Gas Leads

The deal adds ~13,320 net acres and 8,700 net royalty acres to PR’s core position in Eddy County , boosting near-term production and providing long-term development upside. (PR) has announced a $608 million bolt-on acquisition from APA Corp. enhancing its footprint in New Mexico’s northern Delaware Basin.

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GKP outlines Payments to Govts for 2024

Iraq Business News: Oil & Gas

Royalties Royalties represent royalties paid in-kind to governments during the year for the extraction of oil. The terms of the royalties are described within the Shaikan PSC. Royalties have been calculated on the same basis as production entitlements.

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

Oil & Gas 360º

All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil. Boe may be misleading, particularly if used in isolation. USD-CAD and C$3 / GJ AECO.

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$608MM Deal: Is Permian Resources Quietly Becoming the Top Operator in the Delaware Basin?

Rextag

bbl Natural gas: $1.35/Mcf bbl Cash and Capital Metrics: Cash capex : $501 million Adjusted operating cash flow : $961 million Net cash from operations : $898 million Controllable cash costs : $7.54/boe The upside in natural gas was driven by elevated ethane rejection. Realized Pricing: Oil: $70.48/bbl Mcf NGLs: $23.90/bbl

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

Oil & Gas 360º

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.