Energy bankruptcies fell below 50 filings in 2018
North American oil and gas bankruptcies fell to just 43 filings in 2018, down from 70 a year prior, according to the law firm Haynes and Boone.
Erin Energy
Erin Energy denies claims made in ‘inaccurate’ media reports
Houston-headquartered Erin Energy has branded several recent media reports about the Oyo field in Nigeria "inaccurate".
Petronas takes stake in FAR’s Gambian offshore licenses
Petronas has entered into an agreement to acquire a 40% stake in FAR’s A2 and A5 offshore licenses in Gambia, West Africa.
Drilling under way on Oyo well in Nigeria, Erin says
Erin Energy said today it had started drilling the Oyo North West well off Nigeria.
Erin Energy begins drilling Oyo-9 well
US firm Erin Energy said today that drilling had begun on a new well on the Oyo field off the coast of Nigeria.
Erin books rig for well offshore Nigeria
US firm Erin Energy has booked a rig for a drilling campaign offshore Nigeria.
Erin completes Nigeria well intervention work
Erin Energy has resumed production from the Oyo-8 well in Nigeria following the completion of well intervention work.
Erin agrees loan terms with lender
Erin Energy has obtained a waiver from Zenith back on the terms of its loan facility.
Erin Energy appoints new chairman and CEO
Erin Energy has appointed former Shell president John Hofmeister as its new chairman.
Erin eyes 500 million barrels of oil in Ghana fields.
US exploration company Erin Energy has revealed the latest volume estimate from its offshore Ghana is approximately 500 million barrels of oil.
Erin completes seismic survey off The Gambia
Erin Energy has successfully completed acquisition of a new 3D seismic survey off the coast of The Gambia.
Erin gets go ahead for Kenyan exploration
Houston-based exploration company Erin Energy has been given approval by the government of Kenya to begin the next phase of exploration on its onshore blocks, L1B and L16.
Erin Energy hit with losses during second quarter
Erin Energy was hit with a net loss of $9.2million in the second quarter of the year. The company said following tie-in of the Oyo-8 and Oyo-7 wells oil production had averaged 7,642 barrels per day. Erin Energy said it generated revenue of $15.3million from crude lifting in July and received an additional $26.5million as advance payment for a scheduled August lifting of Oyo crude this month.
Erin plans first oil mid-July
Erin Energy is set to lift its first oil from two Nigerian wells by the end of July.