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Golar and Perenco Agree the Material Commercial Terms for the Floating Liquefied Natural Gas Export Project in Cameroon

Golar LNG Limited ("Golar") is pleased to announce that, further to the announcement on 24 December 2014 regarding the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures ("SNH") and Perenco Cameroon ("Perenco") for the development of a floating liquefied natural gas export project in Cameroon, agreement has now been reached with the support of the Boards of both Golar and Perenco on the material commercial terms and conditions for the project. 

Africa Energy Withdraws From Puntland, Somalia Blocks

Africa Energy Corp. (TSX VENTURE:AFE) ("Africa Energy", previously Horn Petroleum Corp., or the "Company") reports that it has provided notice to the Puntland State of Somalia advising of its intention to withdraw from the January 2007 productions sharing agreements ("PSAs") in respect of the Nugaal Block and the Dharoor Block, each made among the Company, the Government of Puntland and Range Resources, effective immediately.

New appointments and mergers at Ministry of Mines, Industry and Energy and GEPetrol will strengthen Equatorial Guinea oil sector

MALABO, Equatorial Guinea, June 29, 2015/ -- The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced new government appointments and mergers of key internal departments that will streamline its operations and contribute to an overall improvement of governance in Equatorial G

Sahara Group States Position on Offshore Processing Agreement (OPA) and Unfolding Events in the Oil & Gas Sector

Our attention has been drawn to the article in This Day Newspaper published in Nigeria on the 7th of June 2015with the headline: "Oil Traders, NNPC officials Interrogated, Watch Listed in Major Investigation."

Dana Gas Commences Drilling Campaign in Egypt

Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta. The Balsam-2 well is being drilled with the 2000 HP Egyptian Drilling Company’s Rig #48 and targets the Qawasim formation at a depth of 3200 m. 

Canadian Overseas Petroleum Limited Announces Liberia Update

Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX VENTURE:XOP) (LSE:COPL); along with its partner, ExxonMobil, remain committed to completing their work program and obligations under the LB-13 amended and restated Production Sharing Contract ("PSC") dated March 31, 2013. NOCAL and ExxonMobil, the operator, continue to meet regularly to discuss operations, Community and Social Responsibility activities and the fulfillment of the LB-13 work program, which has been affected by the Ebola Crisis.

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