Oil & Energy

UPDATE 1-Dragon Oil drops bid interest in Bowleven – Reuters India

LONDON Feb 28 (Reuters) – Turkmenistan-focused Dragon Oil will not make a bid for Bowleven, Dragon said, leaving the way open for others interested in Bowleven’s exploration assets offshore Cameroon. “The board of Dragon Oil announces that it is …

STOCKS NEWS EUROPE-Bowleven jumps on takeover hopes – Reuters UK

could be interested in approaching the Cameroon-focused oil explorer. Westhouse Securities analyst Andrew Matharu believes it’s likely that other companies are weighing up approaches for Bowleven. “I think it’s wide open. I think there’s a lot …

Nigeria: Caverton, Country Helicopter Firm, Begins International Operations – AllAfrica.com

Caverton, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month expand its operations to Cameroon as it has signed a five-year contract with the Cameroon Oil Transportation Company (COTCO). According to … Continue reading

Nigeria: Caverton Helicopters to Commence International Flight Next Month – AllAfrica.com

Lagos — Caverton Helicopters, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month, expand its operational reach beyond the country when it commences a five-year contract with the Cameroon Oil Transportation … Continue reading

Takeover Bids Boost Oil Shares – Motley Fool UK

Small oil companies generally don’t have enough money to develop … nice fit as Bowleven could draw upon Dragon’s cash stockpile to develop its discoveries in Cameroon and Gabon far more quickly than it could do under its own steam. … Continue reading

Nigeria: Caverton Helicopters Secures 5-Year Contract With Cameroon – AllAfrica.com

Caverton Helicopters, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month commence a five-year contract with the Cameroon Oil Transportation Company (COTCO). The contract is the first international contract to …

Nick Clegg backs NHS reform changes – The Guardian

Writing to MPs and peers ahead of a crucial debate in the Upper House on Monday afternoon, Mr Clegg insisted that changes put forward by Lib Dems would ensure the NHS “can never be treated like the gas, electricity, or … Continue reading

US Oil Sands Announces 2011 Year-End Results – Yahoo Finance

The Company’s leases are located within the Uinta Basin in Northeast Utah, which aside from extensive oil sands deposits, is also well known for its conventional oil and natural gas production. Consequently, oil field services are abundant and …

Caverton, Nigerian Helicopter Firm, Begins International Operations – THISDAY Live

Caverton, a leading provider of aviation services to the oil and gas sector in Nigeria, will from next month expand its operations to Cameroon as it has signed a five-year contract with the Cameroon Oil Transportation Company (COTCO). According to … Continue reading

Exxon’s Cotco Signs Transport Deal With Caverton Helicopters – Bloomberg

Caverton Helicopters, which services Nigeria’s oil and gas industry, signed a five-year deal with the Cameroon Oil Transportation Co., or Cotco, for pipeline surveillance and passenger transfer services, it said. Caverton will mainly secure …