The company is currently producing slightly more than 300 barrels of oil equivalent per day.

TH Hill provides quality assurance, engineering and training services to minimize the risk of structural and mechanical failure of both onshore and offshore drilling equipment.

Purvin & Gertz provides technical, commercial and strategic advice globally to clients in the crude oil, petroleum refining, natural gas, natural gas liquids, petrochemical and power generation industries.

New advisory team led by Finnie and Dardis launches with mandate from Kinder Morgan to sell El Paso's E&P assets at end of $38-billion merger.

To run this new division, BNP has named David Marcell and Dane Isenhower managing directors for the A&D Group.

Williamson leaves R. Lacy Services Ltd. where he was VP, business development.

BDO will provide advice on maximizing the value of Sentry's oil and gas assets, identify potential mergers and acquisitions and formulate financing strategies for the company.

"Remington has presented Petro Lucre with a unique opportunity to be in involved in an early-stage oil and gas development company," says John Mink, general manager, Petro Lucre.

The Special Committee cautions its shareholders and others considering trading in its securities that no decisions have been made with respect to the $4.4-billion proposal.

The group's activities will be conducted through newly formed subsidiary Galway Asia, headed by regional managing director Veldanda Rao.