J.A.G. Mines Ltd. announces the filing on SEDAR of the geologist report following the Drilling Campaign on the Aubelle JAG’s property in Belleterre, Quebec in the Guillet Township. The report was prepared by Mr. Mehmet F. Taner, P.geologist Ph.D. It presents the results of the December 2007, 3,100 m diamond drilling campaign.
A total of 19 [...]
Petromin announce that current production from the Company’s recently completed second well at Gilby in Central Alberta is at approximately 2 Million Cu. Ft of gas per day with approximately 50 barrels of 32 degree light gravity crude oil per day adding $115,000.00 per month in net revenues to the Company which retains 16 2/3 [...]
Bow Valley Energy Ltd. announce that the Chestnut field in the U.K. North Sea commenced oil production on September 20, 2008. Bow Valley Petroleum (UK) Limited, a wholly-owned subsidiary of Bow Valley Energy Ltd., owns a 15.125% working interest in Block 22/2a which contains the Chestnut field.
The Chestnut field is located approximately 180 miles east [...]
U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that its board of directors has approved an expanded stock buyback program. The original buyback program had a maximum limit of $5 million while the new buyback program has been expanded by $3 [...]
Western Standard Energy Corp., an independent oil and gas exploration company is pleased to report promising initial results from operations conducted by Coastal Petroleum Co. at the Federal 1-19 well on the Starbuck East Shallow Gas Prospect, in Valley County, Montana.
According to the most recent report on operations at the Federal 1-19 well, the Judith [...]
Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the Company experienced no interruptions in field operations, production, or drilling operations during or following the passage of Hurricane Gustav and Hurricane Ike. The Company experienced no damage to field equipment, and there were no [...]
Saratoga Resources, Inc. announced that approximately 98% of its producing properties have resumed full production and product sales following Hurricane Ike. Saratoga previously announced, on September 17, 2008, that production on, and product sales from, select properties was not expected to resume for 7 to 10 days due to hurricane-related damage to third party processing [...]
Arabian American Development Co. provided an update on the effects of Hurricane Ike to its operations. The Company announced that it had sustained no material damage from the hurricane winds or flooding, power has been restored and it has restarted the manufacturing process effective September 17, 2008 at its South Hampton Resource facility. South [...]
Chevron Corporation announced that its subsidiary Chevron Africa Holdings Limited has agreed to sell Chevron Nigeria Holdings Limited to Corlay Global S.A, a Panamanian company owned by an African-based consortium composed of MRS Holdings Limited and Petroci Holdings. Chevron Nigeria Holdings Ltd. is a Bermudan company that holds 60 percent of the issued shares of [...]
T-3 Energy Services, Inc. provided an update on its Gulf Coast manufacturing and aftermarket service facilities following its initial impact assessment of Hurricanes Gustav and Ike. T-3 Energy’s Gulf Coast operations include eight out of its twenty-one operating facilities located throughout North America. These facilities were impacted both by power loss and personnel evacuations.
Taken together, [...]
