Final Partnership Closed under Aztec X O&G Drilling Program
Aztec closed, on August 31, the final partnership under its Aztec X Oil & Gas Drilling Program.

Kallisto Purchases Additional Interest at Crossfield Project
Kallisto announced two property transactions at its Crossfield, Alberta Viking oil project.

Lukoil Makes Advance Payment for $1.2B Loan
Lukoil has made partial advance payment for a loan of USD 1.2 billion attracted in August 2009.

Nabors Receives Commitments for $700MM Unsecured Revolving Credit Facility
Nabors announced the receipt of commitment letters with respect to an unsecured revolving credit facility with an aggregate principal amount of up to $700 million.

ShaMaran Posts Private Placement
ShaMaran has agreed to sell, on a non-brokered, private placement basis an aggregate of up to 111.2 million common shares.

Range Resources Declares Quarterly Dividend
Range Resources declared a quarterly cash dividend on its common stock.

Fortune Oil Acquires Natural Gas, LNG Businesses
Fortune Oil has entered into an agreement with Everthriving Investment to acquire 65% of the share capital of 3 of its subsidiaries.

Seadrill Reports $933MM in 2Q10 Revenues
"We now are turning our backlog into revenues we are proud to report the highest quarterly EBITDA in our company's history," commented Alf C. Thorkildsen.

Lukoil: No Plans to Buy All of its Shares from ConocoPhillips
Lukoil Holdings won't execute in full its option to buy back its shares from ConocoPhillips, the oil company's VP told reporters.

Range Resources Redeems $200MM in Senior Notes
Range Resources has completed the redemption of all $200 million in outstanding principal amount of its 7.375% Senior Subordinated Notes.

ShaMaran Acquires Stake in Iraqi Block
ShaMaran has entered into a Subscription Agreement and a Shareholders Agreement with Aspect, whereby ShaMaran has acquired a one third stake in General Exploration Partners, a wholly owned subsidiary of Aspect.

Schlumberger Finalizes $11B Merger with Smith International
Schlumberger has closed its merger with Smith International. It has issued approximately 176 million shares pursuant to the merger, representing a transaction value of approximately $11 billion.

JKX Ramps Up Production in First Half 2010
"We have delivered improved results for the half year while accelerating our development programs on our two deep gas licenses in Ukraine and Russia respectively," said Dr. Paul Davies.

Santos Sees 94% Increase in 1H10 Net Profits
Santos announced a net profit of $198 million after tax for the half year ended June 30, 2010, up 94% on the previous half year.

Dana Finishes Strong in 1H10
"Dana performed very strongly in the first half. We have delivered interim profits which are in excess of full year 2009, we have also grown reserves by 54MM barrels of oil equivalent through new discoveries and via acquisition," said Tom Cross.

Aubin Reports 30% Increase in Turnover for 2009/10
Aubin has reported major year-on-year growth, recording a rise in turnover of more than 30% to £4.3million for 2009/10 (year end July).

Nordic Sells Lloydminster Assets to Western Plains
Nordic has executed a sale agreement with Western Plains Petroleum with respect to the sale of a 66 2/3% interest in the Company's land holdings and heavy oil wells to Western Plains.

Santos Seeks to Sell 15% of Gladstone LNG Project
Santos hopes to sell 15% of its proposed LNG proj. to customers after it reported an expected surge in 1H profit underpinned by higher oil prices.

Baker Hughes Gets DOJ Nod for GOM Asset Sale
Baker Hughes has received notice that the DOJ has approved Superior Energy Services as the purchaser of vessels and certain assets in the GOM.

Petrobras Reports $8.6B in 1H10
Petrobras announced its consolidated results of the first half of 2010. The consolidated net income reached US $8.6 billion in the 1H10.