A fight to get a share of federal oil revenue for Louisiana is coming down to the wire, and supporters are making the last-minute push to anyone who will listen.
Advocates made their appeal Thursday to a group of more than 20 of the country’s lieutenant governors.
Flying high above New Orleans, Delaware’s lieutenant governor saw the [...]
The attorney general’s office has opened an investigation into the Viking Oil Co. of Winthrop after more than 1,000 customers may not receive heating oil deliveries for which they already paid up front.
NewsCenter 5’s Pam Cross reported that Viking Oil, a family-owned business, has been around for 30 years until Wednesday when it closed its [...]
Castle Rock Petroleum Ltd. has disposed of a natural gas well located in southeast Alberta for proceeds, after adjustments, of approximately $575,000. After the sale of this well, which contributed 85 mcf or 14 boe per day to Castle Rock’s sales volumes, Castle Rock’s sales volumes will be approximately 100 boe per day.
Boe’s may be [...]
A coalition of environmental groups has released a film which criticises the mining industry for its impact on New South Wales rivers and creeks.
The film points out that longwall mines that are too close to rivers or creeks can cause cracking in the bedrock, which cause the rivers to dry up.
It has also claimed the [...]
Double Eagle Petroleum Co. today announced that it has filed a universal shelf Registration Statement on Form S-3 with the Securities and Exchange Commission. The Company has no immediate plans to raise capital under the shelf Form S-3.
Once declared effective by the Securities and Exchange Commission, the universal shelf on Form S-3 will permit, but [...]
Lions Petroleum Inc. is pleased to announce the appointment of Mr. Eric H. Olsen, P. Eng., to its Board of Directors. Mr. Olsen received his Bachelor of Science Degree in Petroleum Engineering from Montana Tech, The University of Montana. He has been a member of the Society of Petroleum Engineers of AIME since 1972.
Mr. Olsen’s [...]
Analysts at UBS maintain their “buy” rating on Calvalley Petroleum Inc (ticker: DHB). The target price has been raised from C$9 to C$11.
In a research note published this morning, the analysts mention that the company has announced positive results for resource assessment of Block 9. Calvalley Petroleum’s total reported resources are ahead of the estimates, [...]
THE Petroleum Bill sailed through Senate yesterday while the Domestic Violence Bill went through its second reading before the upper House.
The Petroleum Bill, which seeks to regulate the fuel sector now awaits the assent of the President after it went through committee stage and third reading yesterday.
There were mixed views about the Domestic Violence Bill [...]
South Texas Oil Company has announced the drilling of three new wells.
South Texas Oil’s President, Murray Conradie stated, “As part of our evaluation of the DJ basin in Northeast Colorado, we have committed to our 75% participation in the drilling of 3 new wells. Drilling will commence next week of the Marilee State #11-16, 5,450 [...]
About half the oil and more than a quarter of the natural gas beneath 99 million acres of federal land are off-limits to drilling, the Bush administration says in a report that had been sought by industry to highlight environmental and other hurdles to development.
But environmentalists said the new study gives an impression that [...]
