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20 May 18
Argentina invites oil companies to submit offshore proposals
Argentina has called on oil companies to submit proposals for offshore exploration areas, the country’s official gazette said on Friday, looking to exploit under-explored parts of the country’s continental shelf and other potential oil basins.
20 May 18
US: Rex Energy initiates sale process for all remaining assets - files voluntary petitions under Chapter 11
Rex Energy has announced that, following its previously announced strategic review, it has decided to begin an orderly sale process for its remaining assets in order to maximize their long-term value and prospects. To facilitate the sale and address its debt obligations, the Company initiated voluntary proceedings under Chapter 11.
18 May 18
Canada: ION announces new 2D multi-client program offshore Canada
ION Geophysical has announced a new 2D multi-client program offshore Grand Banks in Newfoundland, Canada. GrandSPAN will integrate with two other ION BasinSPAN programs in the area, providing a contiguous regional seismic data set in excess of 20,000 km offshore northeast Canada.
18 May 18
Argentina: Echo Energy announces gas discovery at ELM-1004 in Fraccion C, Argentina
Echo Energy has announced the successful completion of drilling of the ELM-1004 exploration well at the Company's Fracción C asset, onshore Argentina and a gas discovery for the first well in its four well exploration campaign.



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