Quarterly / Earnings Reports | Seismic | Second Quarter (2Q) Update | Capital Markets | Capital Expenditure | Drilling Program
Crown Point Development Spurred by High Gas Price
Crown Point Energy Inc. has announced its operating and financial results for the three and six months ended June 30, 2015.
During the first half of 2015 Crown Point completed the drilling of a 2014/2015 fourteen well development, recompletion and exploration drilling program, the drilling of a three well follow up drilling program and a 210 km2 3-D seismic program at Tierra del Fuego. Completion and tie in operations are expected to be finished in the third quarter. The Company is focused on the successful execution of our exploration and development program which we expect to deliver further gains in production. Natural gas production gains are being made with the background of improving domestic Argentine natural gas prices, and Argentina has stronger domestic oil prices than is…- ✓ Full news archive — U.S., Canada & international coverage
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Latin America News

Frontera Energy's Colombian Assets: A Contested Acquisition Emerges in Latin America's E&P Sector
Background Frontera Energy Corporation (TSX: FEC), a publicly listed Canadian holding company with upstream oil and gas operations in Colombia, has become the center of a contested acquisition…

Chevron, Quantum prepare joint bid for Lukoil’s international assets
Chevron and private equity firm Quantum Energy Partners are preparing a joint bid for the international assets of Russian oil major Lukoil, a package estimated to be worth…

Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS
Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS According to Reuters, Venezuela’s oil sector remains a high-potential but fragile opportunity: it holds massive…

Gran Tierra Energy To Step Down Activity in 2026
Gran Tierra Energy’s 2026 development plan reflects a step-down in spending and activity as the company transitions from fulfilling Ecuador exploration commitments in 2025 toward a free-cash-flow-focused program.…

Parex Advances Llanos Foothills Exploration Alliance with Ecopetrol
Parex and strategic partner Ecopetrol provided an update on their Llanos Foothills exploration program, noting that a full strategic alliance has effectively been achieved and that key Foothills…
South America News

Continental Resources to Acquire 90% Stake in Vaca Muerta Shale Concession
Continental Resources Inc. has agreed to acquire a 90% operating stake in the Los Toldos II Oeste block, a shale concession within Argentina’s Vaca Muerta formation, marking a…

Vaca Muerta 2025–2026: Acceleration, Optimization, and Strategic Impact
Vaca Muerta, Argentina’s premier shale play, is undergoing a major transformation under YPF’s aggressive growth strategy. As presented during YPF’s 2025 Investor Day, the next two years (2025–2026)…

Argentina/Vaca Muerta Developers to Double Well Activity; Increase Frac Fleets
YPF has set some ambitious goals to grow oil production to ~500mbo/d by 2030. To accomplish this the company plans to almost double well count in '26 from…

Hess Corporation First Quarter 2023 Results
Hess Corp. announced its first quarter 2023 results. Highlights Net income was $346 million, or $1.13 per share, compared with net income of $417 million, or $1.34 per…

Shell Fourth Quarter, Full Year 2022 Results
Shell plc reported its fourth quarter and full year 2022 results. Chief Executive Officer, Wael Sawan commented: "Our results in Q4 and across the full year demonstrate the…