All posts for Finance

A new funding solution is needed for oil decommissioning

By Nicholas Newman At the time of writing, we are seeing an increasing number of media reports detailing the huge numbers of abandoned oil wells in Alberta and Texas.  In addition, governments and the industry are experiencing growing concern over the increasing costs of decommissioning and reinsta ...

Nicholas Newman

Posted 5 hours agoOpinion > DecommissioningFinancealberta +3

Company Accountant - Oil Exploration (WS/2430)

Location:                     UK - London Job Status:                 Permanent Start Date:                 ASAP Interview Date:          ASAP Open To:                    EU Nationals or UK work permit holders Job Overview:           A UK focused oil exploration Company targeting the discovery of ...

Working Smart - Working Smart Ltd

London   England   GB Permanent   An attractive salary of between £45K - £60K is on offer dependent on skills and experience.

Posted 15 hours agoJob > FinanceManagement AccountingOil and Gas +1

How improving their AFE (approval for expenditure request) process is saving an Egyptian Upstream Operator up to US$1.5 million annually

Egyptian Upstream Operator goes live with EnergyFlow AFE Automation and General Office processes fully integrated with INFOR SunSystems The Operator aims to improve compliance and reduce overspend by as much as 100%; which could result in an annual saving of up to US$1.5 million . TouchstoneEne ...

Marcus Kelly - TouchstoneEnergy

Posted 9 days agoPress > EgyptTouchstoneexploration +8

Africa’s oil and gas industry to meet at 16th Africa Independents Forum, London

London 15 March 2017 .  The 16th Africa Independents Forum, a key event on the international oil and gas calendar, will get underway in London on the 24th and 25th of May. This annual gathering of Africa's oil and gas upstream industry is an essential platform for reviewing the state of the in ...

Jodee Lourensz

Posted 9 days agoPress > OilgasLondon +9

Bridging the gap between ETRM (Energy Trading Risk Management) and back office accounting, tax, reporting and financial controls

Providing efficient and reliable back office accounting for the commodity trading industry. TouchstoneEnergy bridges the gap between ETRM (Energy Trading Risk Management) and back office accounting, tax, reporting and financial controls. By providing multi-dimensional analytics, multi-currency a ...

Marcus Kelly - TouchstoneEnergy

Posted 14 days agoPress > Commoditiescommodity tradingTouchstone +9

How TouchstoneEnergy is changing the face of Oil and Gas Accounting

A volatile oil price, capital intensive projects and constant change in regulation means that oil and gas companies are constantly fighting margin pressures. Inefficient financial processes are also common to many companies, and this has become a significant area where organisations can both cut ...

Marcus Kelly - TouchstoneEnergy

Posted 15 days agoPress > Hurricane EnergyTouchstoneAccounting +9

Group Management Accountant

Simpson Booth are recruiting for a Senior Group Financial Accountant & Senior Group Management Accountant for a Exploration & Production organisation to be located within London. Previous experience working within the Oil & Gas industry for an E&P company is essential, the ideal candidate will have ...

Alexander Chalke - Simpson Booth

London   England   GB Permanent   Very good basic plus package

Posted 19 days agoJob > AccountantManagement Accountingupstream +1

North African Oil and Gas Operator aims to save $1.5 million by tracking AFE spend

The Operator aims to improve compliance and reduce overspend by as much as 100%; which could result in an annual saving of up to US$1.5 million. TouchstoneEnergy's EnergyFlow provides seamless integration with Infor SunSystems which will assist further with budget control and compliance. Download ...

Marcus Kelly - TouchstoneEnergy

Posted 1 month agoPress > Touchstoneoil priceexploration +5

MasterClass in Financial Management for Projects & Contracts

This MasterClass explores the financial metrics that are commonly used and also examines the less frequently thought of financial impact of typical operating decisions and actions. Building on your competencies, you will examine the inner mechanics of how finance and accounting can impact your proje ...

Noor Azura

Kuala Lumpur   Federal Territory of Kuala Lumpur   MY 27 Feb 2017

Posted 2 months agoTraining > Financial MetricsFinancialFinancial Impact +5

Finance Director - Potential Board Position

Location:                    Flexible - Home office plus international travel   Job Status:                 Contract/Part time initially Start Date:                 ASAP   Interview Date:          ASAP Open To:                    All Nationalities Job Overview:            A start-up Oil and Gas C ...

Working Smart - Working Smart Ltd

    Contract   An attractive Day Rate is on offer

Posted 2 months agoJob > Oil and GasFinancemanagement +1

IFC and MIGA Support Sankofa Gas Project to Help Ghana Transition Power Generation to Natural Gas

Accra, Ghana, December 15, 2016 —IFC and MIGA, members of the World Bank Group, today announced the commitment of $517 million in debt and guarantees to support Ghana's Sankofa Gas Project, an integrated offshore oil and natural gas project that will provide a source of reliable, affordable energy ...

Stevan Jackson

Posted 3 months agoPress > Ghananatural gasFinance +1

Strategic Oil & Gas Ltd. Announces New Well Results and First Half of 2017 Budget

Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) announces its recent well results, capital budget for the first half of 2017 and provides a financing update. MUSKEG WELL 14-12 TESTS AT 810 BOED Strategic tested a third successful Muskeg well 14-12 at an average rate of 810 boe/d (59% oil) over a 4 da ...

OilVoice Press

Posted 3 months agoPress > Strategic Oil & GasWell Results2017 +1

Swift Energy Announces Sale of Remaining 25% Interest in Central Louisiana

Swift Energy Company (OTCQX: SWTF) (the “Company”) announced today that it has sold its remaining 25% interest in the Burr Ferry and South Bearhead Creek Fields in Central Louisiana. The net proceeds received by Swift Energy ($8.0 million, less customary closing adjustments) will be used to reduce ...

OilVoice Press

Posted 3 months agoPress > Swift Energy CompanyUnited StatesFinance +1

Spartan Energy Corp. Announces Closing of Previously Announced Strategic Light Oil Acquisition, 2017 Corporate Budget and Increase in Borrowing Base to $350 Million

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce the closing of its previously announced strategic light oil acquisition in southeast Saskatchewan from ARC Resources Ltd. (the "Acquisition"). The Acquisition includes ...

Katie Woodward - OilVoice

Posted 3 months agoPress > Spartan Energy CorpAcquisition2017 +2

Lightstream Announces Granting of Approval of Vesting Order to Sell Substantially All of the Company's Assets

Lightstream Resources Ltd. (the "Company" or "Lightstream") announces that the Court of Queen's Bench of Alberta has granted an approval and vesting order ("Approval and Vesting Order") for the previously announced purchase and sale of substantially all of the assets and business of Lightstream (the ...

OilVoice Press

Posted 3 months agoPress > Lightstream ResourcesAssetsCanada +2