Whiting Declares Dividend

- Whiting Declares Dividend

Monday, August 15, 2011
Whiting Petroleum Corp.

Whiting declared a dividend of $1.5625 per share on its 6.25% convertible perpetual preferred stock. The dividend is payable on September 15, 2011 to holders of record on September 1, 2011.

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Anadarko Declares Dividend

- Anadarko Declares Dividend

Monday, August 01, 2011
Anadarko Petroleum Corp.

The Board of Directors of Anadarko declared a quarterly cash dividend on the company's common shares.

A dividend of 9 cents per share was declared on the company's outstanding common stock, payable Sept. 28, 2011 to stockholders of record at the close of business on Sept. 14, 2011.

The amount of future dividends for Anadarko common stock will depend on earnings, financial condition, capital requirements and other factors. The Board of Directors will determine dividends on a quarterly basis.

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Marathon Oil Declares Dividend

- Marathon Oil Declares Dividend

Wednesday, July 27, 2011
Marathon Oil Corp.

Marathon Oil has declared a dividend of 15 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Sept. 12, 2011, to stockholders of record on Aug. 17, 2011.

On June 30, Marathon Oil completed the spin-off of its downstream business as a completely independent company, Marathon Petroleum Corporation (NYSE: MPC). As previously announced, the previous MRO dividend of $0.25 per share per quarter will initially be paid as follows: 60 percent, or $0.15 per quarter, from MRO and 40 percent, or $0.20 per quarter, from MPC. This is reflective of the number of shares outstanding for each company, with approximately twice as many MRO shares outstanding as MPC shares outstanding. Future dividends will be subject to quarterly review by the respective boards.

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Halliburton Declares 3Q Dividend

- Halliburton Declares 3Q Dividend

Friday, July 22, 2011
Halliburton Co.

Halliburton has declared a 2011 third quarter dividend of nine cents ($0.09) a share on the company's common stock payable September 22, 2011 to shareholders of record at the close of business on September 1, 2011.

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Williams Declares Dividend

- Williams Declares Dividend

Wednesday, July 20, 2011
Williams Cos. Inc.

Williams' board of directors has approved a regular dividend of $0.20 per share on the company's common stock, payable Sept. 12, 2011, to holders of record at the close of business on Aug. 26.

The company has paid a common stock dividend every quarter since 1974.

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Pacific Rubiales Declares Cash Dividend

- Pacific Rubiales Declares Cash Dividend

Monday, June 13, 2011
Pacific Rubiales Energy Corp.

Pacific Rubiales announced a cash dividend in the aggregate amount of US $25,000,000 which translates to US $0.093 per common share. The dividend is payable on June 30, 2011 to shareholders of record as of June 17, 2011. The ex-dividend date is June 15, 2011. For shareholder trading on the Colombian stock exchange, the peso equivalency shall be calculated based on the exchange rate as certified by the "Superintendencia Financiera de Colombia" (the "SFC") on the date of monetization and will be published on the SIMEV website at the proper time.

Subject to approval from the Board of Directors, the Company expects to pay a dividend on a quarterly basis, with such decision being determined based on funds from operations, earnings, financial requirements, commodity price levels, legal requirements and other conditions existing in the future. This policy will continue to be reviewed by the Board of Directors, as needed, from time to time. Future dividends on Pacific Rubiales common shares are not guaranteed.

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Devon Declares Quarterly Dividend

- Devon Declares Quarterly Dividend

Wednesday, June 08, 2011
Devon Energy Corp.

Devon declared a quarterly cash dividend on Devon's common stock for the third quarter of 2011. The dividend is payable on September 30, 2011 at a rate of $0.17 per share based on a record date of September 15, 2011.

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ATP Declares Quarterly Dividend

- ATP Declares Quarterly Dividend

Friday, June 03, 2011
ATP O&G Corp.

ATP has declared a quarterly cash dividend on its 8.0% Cumulative Convertible Perpetual Preferred Stock. The dividend rate is $1.99 per share and is payable on July 1, 2011 to shareholders of record at the close of business on June 15, 2011.

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Hess Declares Quarterly Dividend

- Hess Declares Quarterly Dividend

Thursday, June 02, 2011
Hess Corp.

Hess declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on June 30, 2011 to holders of record at the close of business on June 16, 2011.

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Ensco Declares Quarterly Dividend

- Ensco Declares Quarterly Dividend

Tuesday, May 24, 2011
Ensco plc

Ensco has declared a regular quarterly cash dividend of US $0.35 per Class A ordinary share payable on June 24, 2011 to holders of Ensco's American depositary shares (ADS) as of the June 13, 2011 record date.

As previously reported, Ensco and Pride International each will hold special shareholder meetings on May 31, 2011 to vote on the merger of their companies, creating the world's second largest mobile offshore drilling fleet. The Ensco and Pride joint proxy statement/prospectus has been distributed to shareholders of both companies and the Ensco and Pride boards of directors have recommended that shareholders vote in favor of the merger.

As disclosed previously, votes for Ensco's special shareholder meeting on May 31, 2011 must be received by today, May 24, 2011, for the ADS depositary to properly record votes.

In preparation for the special shareholder meetings, Ensco and Pride have satisfied antitrust and securities regulatory requirements and Ensco has successfully completed a $2.5 billion senior notes offering, the net proceeds of which will facilitate the Pride acquisition.

If approved by the shareholders of Ensco and Pride at their respective May 31, 2011 special meetings, the merger is expected to close on the same day, at which point, with exceptions for certain U.K. residents, Pride stockholders will have the right to receive 0.4778 newly-issued shares of Ensco plus $15.60 in cash for each share of Pride common stock per the terms of the merger agreement.

Assuming the merger closes as planned on May 31, 2011, the US $0.35 regular quarterly cash dividend noted above also will be paid on the Ensco shares issued to the former Pride stockholders to holders of Ensco's American depositary shares (ADS) as of the June 13, 2011 record date.

At the Annual General Meeting of Shareholders held today, the vote of a sufficient number of shares were cast to approve all proposals as recommended by the Board of Directors, including the non-binding advisory votes by a majority of shares to approve the compensation of our named executive officers and to hold non-binding advisory shareholder votes on the compensation of our named executive officers every year.

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Apache Declares Dividends

- Apache Declares Dividends

Wednesday, May 18, 2011
Apache Corp.

Apache has declared regular cash dividends on the company's common shares and 6% Mandatory Convertible Preferred Stock, Series D.

The dividend on the common shares is payable on Aug. 22, 2011, to stockholders of record on July 22, 2011, at the rate of 15 cents per share.

The dividend on the Series D preferred stock is payable Aug. 1, 2011, to holders of record on July 15, 2011, at the rate of $15 per share, which is equivalent to 75 cents per depositary share, each representing 1/20th of a share of Series D preferred stock. The depositary shares are traded on the New York Stock Exchange under the ticker APA/PD.

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Sterling Declares Force Majeure at Black Sea Blocks

Sterling Declares Force Majeure at Black Sea Blocks

Thursday, April 28, 2011
Sterling Resources Ltd.

Sterling Resources has declared Force Majeure on its Midia and Pelican Blocks in the Black Sea after the Company has been unable to undertake Petroleum operations for reasons outside of its control.

In early 2011, after extensive and lengthy efforts, the Company finally obtained from the relevant Governmental authorities the environmental and drilling permits necessary for operations on the Midia and Pelican Blocks. The National Agency of Mineral Resources ("NAMR") has given approval to a 2011 work program based on which Sterling is obligated to undertake certain offshore activities which include the drilling of 2 offshore wells, acquiring 1,050 linear kilometers of 2D seismic and undertaking investigations and studies to bring the Ana and Doina discoveries forward for development.

However, in July 2009 the Romanian Parliament passed a law requiring construction permits for certain offshore activities. Sterling has sought clarification of this requirement from relevant authorities, as the activities contemplated under the 2011 work program clearly appear to have aspects that will require a construction permit. It is Sterling's view that, after having received responses from certain relevant governmental authorities, that the authorities are currently unable or unwilling to provide construction permits for offshore oil and gas activities.

The effect of this situation, which the Company views as political in nature, is to render it impossible for the Company to undertake Petroleum Operations at the present time. Sterling has thus issued a notice to NAMR, stating that the total lack of clarity on the applicable procedure and authority for issuance of construction permits constitutes an event of Force Majeure under the Concession Agreement.

Under the terms of the Concession Agreement NAMR must, within 15 days of this notification, either agree with the invocation of Force Majeure, the effect of which would be to extend the duration of the Concession Agreement, or reject the Company's invocation putting the two parties into a dispute resolution procedure which could ultimately be decided in international arbitration.

Mike Azancot, Sterling's Chief Executive Officer, said, "Despite this unfortunate situation we look forward to working with the NAMR and other Romanian authorities to find a resolution that will allow the Company to fulfill its obligations, preserve its rights and ultimately achieve success for the Company and the people of Romania. With a satisfactory resolution achieved, we are hopeful that we can advance our plans to undertake further exploration on these very prospective blocks and bring Ana and Doina to production within 3 years. This will bring significant benefits to Romania in terms of greater energy self-sufficiency, the likely award of construction and oil service contracts to local companies, and encouraging a wide range of companies to explore offshore Romania."

ExxonMobil Declares Dividend for 2Q

ExxonMobil Declares Dividend for 2Q

Wednesday, April 27, 2011

ExxonMobil Corp.

ExxonMobil declared a cash dividend of 47 cents per share on the Common Stock, payable on June 10, 2011 to shareholders of record of Common Stock at the close of business on May 13, 2011.

This second quarter dividend compares with 44 cents per share paid in the first quarter of 2011.

Through its dividends, the corporation has shared its success with its shareholders for more than 100 years and has increased its annual dividend payment to shareholders for twenty-nine consecutive years.

Diamond Offshore Declares Quarterly Dividend

Diamond Offshore Declares Quarterly Dividend

Thursday, April 21, 2011
Diamond Offshore Inc.

Diamond Offshore has declared a special quarterly cash dividend of $0.75 per share of common stock and a regular quarterly cash dividend of $0.125 per share of common stock. Both dividends are payable on June 1, 2011 to shareholders of record on May 2, 2011.

The Board reiterated its stated policy of considering paying special cash dividends, in amounts to be determined, on a quarterly basis. Any determination to declare a special dividend, as well as the amount of any special dividend that may be declared, will be based on the Company's financial position, earnings, earnings outlook, capital spending plans, and other relevant factors at that time.

Lukoil Declares Force Majeure Offshore Cote d'Ivoire

Lukoil Declares Force Majeure Offshore Cote d'Ivoire

Monday, April 04, 2011

OAO Lukoil

LUKOIL released an official force majeure notification under the PSA terms with regards to the CI-205 offshore geological prospecting project to the Government of Cote d'Ivoire, relevant ministries and Oranto Petroleum and PETROCI Holding partner companies.

LUKOIL Overseas will resume active operations under the CI-205 project as soon as the situation in Cote d'Ivoire subsides.