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Jeff Loskorn named Partner at Cawley, Gillespie & Associates

CG&A

We are thrilled to announce thatJeff Loskorn, a senior reservoir engineer with our firm since 2014, has been named a Partner at Cawley, Gillespie & Associates. Jeff has consistently demonstrated excellence in his field, serving both public and private clients across the country.

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Petrel Resources Raises £250,000 for Iraq Oil Projects

Iraq Business News: Oil & Gas

The security situation in Iraq continues to improve, while an investment slow-down since 2014 has led to potential improvements on contract terms which should improve scope for development. The dramatic growth in North American fracked output between 2005 and 2014 is less of a concern for OPEC exporters.

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Nigeria Oil Industry Overview

Drillers

The country’s first field began producing in 1958 at a rate of 5,100 BPD. company has a 40-60 joint venture with the NNPC, which is the majority shareholder, and stakes in several offshore fields, including several deepwater blocks that have yet to be developed. How did this happen? Exxon comes next: the U.S.

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Supreme Court Punts on Important Arbitrability Question

The Energy Law

2014), another case involving an arbitration clause which incorporated the AAA rules and explicitly exempted certain claims from arbitration. In reaching its decision, the Fifth Circuit looked to the Second Circuit’s decision in NASDAQ OMX Grp., UBS Securities, LLC , 770 F.3d 3d 1010 (2d Cir.

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Ninth and Fifth Circuits Split on Issue of Punitive Damages Under Maritime Law

The Energy Law

2014) (en banc). In reaching its decision, the Ninth Circuit was required to distinguish the recent en banc Fifth Circuit McBride decision, which reached the opposite conclusion in 2014. Compare McBride v. Estis Well Service , 768 F.3d 3d 382 (5th Cir. Apex Marine Corp. , 19 (1990) on this area of law.

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U.S. Fifth Circuit Greenlights Contribution Action for Purely Economic Damages Under Oil Pollution Act (OPA)

The Energy Law

Settoon arose out of a February 2014 collision on the Mississippi River near Convent, Louisiana. Liskow & Lewis has extensive experience counseling parties in the wake of spill events of all levels of severity and is a recognized leader in this field.

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Louisiana Department of Revenue Targets Energy Companies in Rash of Oil Severance Tax Audits

The Energy Law

According to one 2014 study, the total direct and indirect impact on the state is approximately $73.8 The value of the oil is the higher of: (1) The gross receipts received from the first purchaser, less charges for trucking, barging and pipeline fees, or (2) the posted field price. billion in taxes to the State, about 14.6%

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