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Saturday, November 21, 2009 1:52 PM

Afren

Type: Organization

Name: Afren

Nationality: United Kingdom

Fact Sheet: Fact Sheet for Afren

First Reported 11/20/2009 - Updated 11/20/2009 - 1 Documents

Follow up to Tornado in 2010

Dana Petroleum's Capital Markets Day in London has indicated to analysts and investor further plans for the future of the company including a further well next year in the West of Shetland region to follow up this year's Tornado discovery.Tornado was ... [Offshore247.com - 11/20/2009]

Entities: Tornado, Capital Markets, Evolution, Stena AB, Faroe Petroleum plc

First Reported 11/17/2009 - Updated 11/17/2009 - 6 Documents

Transocean Incorporated

Afren Hits Additional Pay at Ebok Appraisal ...

Afren and its partner Oriental Energy Resources have announced the completion of the Ebok-5 appraisal well.The Ebok-5 well, which was drilled by Transocean's jackup drilling unit, has been drilled to a total depth of 3,743'. The well encountered a total ... [Rigzone - 11/17/2009]

Entities: Afren, Osman Shahenshah, Transocean Incorporated, Amplitude

First Reported 11/17/2009 - Updated 11/17/2009 - 2 Documents

Fox-Davies Capital Newsflash including Aurelian, Afren, Petroceltic, Kryso, Angel Mining, Teriary Minerals and Diamondcorp

Aurelian Oil & Gas (AUL) and Europa Oil & Gas (EOG) announced the results of further evaluation of the Voitinel-1 well, Brodina concession, onshore Romania. On 26 October, it was announced that Voitinel-1 had tested dry gas at rates up to 85,000m3/d. ... [Proactive Investors.co.uk - 11/17/2009]

Entities: Afren, Minerals, Financial Services Authority, Romgaz

First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents

Petrofac Ltd

Petrofac bags BP maintenance

Petrofac has bagged a five year operations and maintenance contract with BP in the UK North Sea. The deal, worth 100 million, will cover the delivery of integrated maintenance management support services, plus planning, co-ordination and execution of ... [Offshore247.com - 11/17/2009]

Entities: Petrofac Ltd, BP plc, North Sea

First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents

BRIEF-Afren says Ebok-5 encountered further 54 ft of gross oil pay

LONDON, Nov 17 (Reuters) - Afren Plc:* Ebok-5 has encountered a further 54 ft of gross oil pay* Ebok-5 well results have exceeded pre-drill estimates* Has grown the resources base on ebok to a current recoverable reserves basein excess of 78 million ... [Forbes.com - 11/17/2009]

Entities: Afren, INXS, London

First Reported 11/03/2009 - Updated 11/04/2009 - 7 Documents (in Energy)

Afren Provides Corporate and Operational Update

Afren plc announces its intended Admission to the Official List and also provides an Operational Update.Admission to the Official ListAfren PLC gives notice of the intended cancellation of trading of its ordinary shares on the Alternative Investment Market ... [OilVoice - 11/04/2009]

Entities: Afren, Nigeria, Côte d'Ivoire, Admission

First Reported 11/10/2009 - Updated 11/10/2009 - 2 Documents

Afren raises £105m

The West Africa-focused oil and gas exploration company has raised £104.9m through a placing of new shares as it seeks to develop wells in south-east Nigeria and the Ivory Coast ... [FT.com - Energy - 11/10/2009]

Entities: Afren, Côte d'Ivoire, Nigeria

First Reported 11/04/2009 - Updated 11/05/2009 - 2 Documents (in Internet & IT)

Afren eyes bump up to LSE

London-listed oil and gas company Afren said it planned to move up to the London Stock Exchange's main market in early December, helping lift its shares today.The Africa-focused company was admitted to AIM, the junior market, in 2005 and has 16 assets ... [Upstreamonline.com - 11/05/2009]

Entities: Afren, Nigeria, Osman Shahenshah, São Tomé and Príncipe

First Reported 11/04/2009 - Updated 11/04/2009 - 2 Documents (in Energy)

Afren Secures Offshore Nigerian Interest, Currently Drilling Ebok-5

Afren has provided an additional operational update regarding an acquisition of interest in the offshore Nigerian OPL 310 license and development of the broader Ebok-Okwok complex.Acquisition of an interest in OPL 310Awarded to indigenous company Optimum ... [Rigzone - 11/04/2009]

Entities: Afren, Oil Production, Nigeria, Petroleum

First Reported 11/04/2009 - Updated 11/04/2009 - 2 Documents

STOCKS NEWS UK-Oil company Afren up on move to LSE's main mkt

STOCKS NEWS Reuters Results diary Europe Real-time Equity News UK Stocks on the move UK smallcaps UK smallcaps news Shares in AIM-listed oil and gas company Afren Plc rise 10 percent, after the company says it expects to move up to the London Stock Exchange's ... [Interactive Investor International - 11/04/2009]

Entities: Afren, Wetherspoon, Diageo PLC, Refinancing

First Reported 11/10/2009 - Updated 11/11/2009 - 2 Documents

Fox-Davies Capital Newsflash including Patagonia Gold, Empyrean Energy, Afren, Kefi, Kalahari Minerals, Ariana, Serabi and Chromex

Afren (AFR) announced it intends to raise US$200m through a proposed placing of ordinary shares and the exercise of 40m warrants. The net proceeds of the Placing will be used to fund an accelerated appraisal and development of the broader Ebok-Okwok complex, ... [Proactive Investors.co.uk - 11/11/2009]

Entities: Afren, Minerals, Drilling Fluid, Financial Services Authority

First Reported 11/04/2009 - Updated 11/04/2009 - 3 Documents

BRIEF-Afren to cancel trading on AIM, move to main market

on aim list on LSE's main market expected in early December LONDON, Nov 4 (Reuters) - Afren Plc: ... [Interactive Investor International - 11/04/2009]

Entities: Afren, London

Quotes

...' Alhaji Mohammed Indimi, Chairman of Oriental, commented, "We are delighted with the successful results of the Ebok-5 appraisal well. Since Afren and Oriental established our partnership, we have grown the resources base on Ebok from a pre drill minimum economic field size of circa 25 million barrels to a current recoverable reserves base in excess of 78 million barrels. We look forward to further increasing our presence in the Ebok-Okwok area." Highlights

Afren Hits Additional Pay at Ebok Appraisal ... [Rigzone - 11/17/2009]

The source, who has now left the IEA, said "the fact was that there was not as much oil in the world as had been admitted. "We have already entered the 'peak oil' zone. I think that the situation is really bad," he added. "Many inside the organisation believe that maintaining oil supplies at even 90 million to 95 million barrels a day would be impossible but there are fears that panic could spread on the financial markets if the figures were brought down further, " he added. Resources Paris headquartered seismic group CGGVeritas saw revenue slump 31% in the third quarter this year to US $731 m and net income hit $12 m.[ ] â$¢ A an-based ship design group has decided to open a new office in Singapore as the Far East increases its importance to the offshore industry.[ ] â$¢ Austria's OMV reported a big slide in third quarter earnings due to falling crude prices and narrower refining margins.[ ] â$¢ London-listed n explorer Afren has signalled plans for a new US $200 million fund-raising round to finance future development.[ ] â$¢ Rig group Ensco International has announced a plan to move its headquarters from the US to the UK as part of a corporate restructuring programme to overcome time zone differences in its main areas of operations.[ ] â$¢ A whistleblower at the International Energy Agency claims the world is running out of oil faster than the official estimates indicate.The senior official claims that the reporting has been underplayed due to fear of triggering panic buying.[ ] â$¢ 10.11 4 .11 UK signs n agreement 2 .11 12.10 7 .10 Search search Top stories 10.11 10.11 10.11 10.11 10.11 10.11 10.11 10.11 10.11 10.11 Offshore.no 10.11 10.11 10.11 10.11 10.11 10.11 10.11 10.11 10.11 10.11 Â© 2008 Offshore Media Group AS. All Rights Reserved."

Less oil than estimates admit [Offshore247.com - 11/11/2009]

More Content

sort by: Date \| Relevance
Follow up to Tornado in 2010 [Offshore247.com - 11/20/2009]
Nigeria \| Oil \| The biggest reform of all [Africa Confidential - 11/19/2009]
Crude Oil Nears $80 after API Supply Data Adds ... [Proactiveinvestors United Kingdom RSS feed - 11/18/2009]
Lower prices hit Dong Energy [Offshore247.com - 11/17/2009]
Afren Hits Additional Pay at Ebok Appraisal ... [Rigzone - 11/17/2009]
Afren Hits Additional Pay at Ebok Appraisal Well [Rigzone - 11/17/2009]
Ebok well boosts reserves base to 78 m bbl [Offshore247.com - 11/17/2009]
Afren completes the Ebok-5 appraisal well offsh... [Scandinavian Oil-Gas Magazine - Full Feed - 11/17/2009]
Appraisal hits more oil pay at Ebok [Upstreamonline.com - 11/17/2009]
Petrofac bags BP maintenance [Offshore247.com - 11/17/2009]
Crude Prices Fall Back After Monday’s Dollar In... [Proactiveinvestors United Kingdom RSS feed - 11/17/2009]
Fox-Davies Capital Newsflash including Aurelian... [Proactive Investors.co.uk - 11/17/2009]
Fox-Davies Capital Newsflash including Aurelian... [Proactiveinvestors United Kingdom RSS feed - 11/17/2009]
Afren Completes the Ebok-5 Appraisal Well Offsh... [OilVoice - 11/17/2009]
BRIEF-Afren says Ebok-5 encountered further 54 ... [Forbes.com - 11/17/2009]
You Are Not Too Old For Shares [Motley Fool UK - 11/12/2009]
Afren Raises 105M In Equity Sale [Institutional Investor - 11/11/2009]
Cookson, Yell, HSBC Up in London [123Jump - 11/11/2009]
Afren joins the Aim graduates [Investors Chronicle - 11/11/2009]
Fox-Davies Capital Newsflash including Patagoni... [Proactive Investors.co.uk - 11/11/2009]
Afren raises £104.9 million through placing [Scandinavian Oil-Gas Magazine - Full Feed - 11/11/2009]
Less oil than estimates admit [Offshore247.com - 11/11/2009]
Talk of Rio Tinto selling packaging arm [Telegraph - 11/10/2009]
Afren raises £105m [FT.com - Energy - 11/10/2009]
Afren raises £105m [FT.com - Companies Africa - 11/10/2009]
Afren cashes up for projects [Upstreamonline.com - 11/10/2009]
Afren PLC - Exercise of Founders' Warrants [Morningstar UK - 11/10/2009]
UPDATE 2-Afren raises 104.9 mln stg via placing... [Reuters UK - 11/10/2009]
Afren placing to raise $200m [Business Financial Newswire - 11/10/2009]
Afren Placing Raises £104.9 million [OilVoice - 11/10/2009]

Blogs

sort by: Date \| Relevance
Morgan Stanley Tells Clients To Keep Snapping U... [Clusterstock - 11/02/2009] Morgan Stanley is telling UK clients to maintain or increase their exposure to oi: We are overweight Energy. Since mid-September the energy sector has been the ...
Energy Blast - April 16, 2009 [Robert Amsterdam - 04/16/2009] The Moscow Times reports that Energy Minister Sergei Shmatko has accused Norilsk Nickel and two other private companies of reneging on investments in electricity. ...

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Afren