Daily Archives: April 8, 2016

Oando Energy unit signs PSC for Block 12 off Sao Tome and Principe

Oando Energy Resources Inc., Calgary, through its 81.5%-held subsidiary Equator Exploration Ltd., has executed a production-sharing contract (PSC) with the National Petroleum Agency of Sao Tome and Principe (ANP-STP) for Block 12 in the Exclusive Economic Zone, taking an 87.5% participating interest. ANP-STP holds the remaining 12.5% as a carried interest. Read Full Article Here…

Alberta premier seeks national pipeline help

Warning of a $10-billion budget deficit, Alberta Premier Rachel Notley appealed for nationwide help securing approval of a pipeline linking her province’s oil sands with seaborne oil trade. Read Full Article Here For more great articles: Oil & Gas Journal – Transportation