East West与NIS在罗马尼亚开始钻井作业。Pannonian盆地EX-7 Periam区块的第一口钻井于2017年1月21日开钻,该钻井的主要目标是勘探常规石油天然气储层,钻井总深度为2500米,包括两块原生地质储层和三块次生地质储层。当钻探到含油气储层后开始进行电缆测井。预计50至60天完成钻井及井测工作。在勘探的第一阶段以及第二阶段,NIS负责提供全部的资金支持,此后该公司可获得区块内85%的股份。
Royale Energy, Inc. (OTCQB:ROYL) Royale and privately held Matrix Oil Corporation jointly announced today that they have entered into a Letter of Intent to merge in a combined stock and assumption of debt transaction. The $41.5 million transaction remains subject to completion of due diligence reviews and customary definitive documentation and the approval of the shareholders of both companies. The companies seek to complete the merger in the fourth quarter of 2016.
With oil and gas properties in the Sacramento, San Joaquin and Los Angeles Basins of California and the Permian Basin of Texas, Matrix brings to Royale an experienced technical and operations team along with a producing property set with substantial development upside. As of March 31, 2016, Matrix had total proved reserves of 12.2 million barrels of oil equivalent with a PV10 value of $102.8 million based on SEC Pricing. The Matrix reserve report prepared by Netherland, Sewell & Associates, Inc. includes over 80 proven undeveloped drilling locations mostly in the Los Angeles Basin. At closing, the combined company should have estimated daily production of approximately 650 barrels of oil equivalents per day. The company will retain the Royale Energy name with Matrix becoming a wholly owned subsidiary of Royale. Matrix will continue to operate from its current Santa Barbara, CA office.
'This combination of two great California companies is a persuasive value proposition for each company's shareholders. The combination of Royale's great shareholder base and 30-year operating history, with Matrix's strong management team, technical expertise, current production and solid reserve base provides our company with the catalyst we needed for strong continuous growth,' said Harry Hosmer, founder and Chairman of Royale. 'This transaction will strengthen us financially and strategically position us for further acquisitions. In addition, this transaction places us squarely on the path for qualification and timely application to re-list on NASDAQ.'
'Matrix is looking forward to closing this transaction and becoming an integral part of Royale's future. Being a part of a publicly traded company brings us the long term capital optionality required to unlock the exceptional reserve base Matrix has built over the last 17 years. With our recent acquisition of Sansinena Field, Matrix now controls over 40 million barrels of 3P reserves along the Whittier Fault in eastern Los Angeles County,' said Johnny Jordan, President of Matrix. 'Our founders and major stakeholders are all committed to closing this transaction and being a part of a unified California oil and gas focused growth story.'
California Resources Corp(NYSE: CRC)和Macquarie Infrastructure and Real Assets (MIRA)已经组建一战略合资公司,投资1.6亿美元开发加利福尼亚油气资产,主要是San Joaquin盆地。根据双方,MIRA可能将其总投入增加到3亿美元。(CRC,4月19日消息)