The Board of Gladstone Pacific Nickel Limited announces that GPNL has entered into agreements to acquire 100% of the issued share capital of Egidia Pty Ltd (”Egidia”) and Dasines Pty Ltd (”Dasines”) (the “Acquisitions”), companies owned 100% by Mr Clive Palmer, in consideration for the issue of GPNL Shares representing a minimum of 50% of [...]

Northern Oil and Gas, Inc or well-known as Northern Oil, has recently told the press that it has participated in the successful completion of three wells in the emerging North Dakota Bakken play, bringing to eleven the total number of producing wells in which Northern holds an interest. Besides, Northern holds a working interest in [...]

Sonterra Resources, Inc and South Texas Oil Company, Sonterra Resources, with South Texas acting as contract operator, has spudded and is currently drilling below 5,000 feet total vertical depth (TVD) in the ST 127 Unit Well No. l under the new contract operating agreement. This well is the initial well in the Sydney/150 Deep Prospect [...]

Pantera Petroleum, Inc has recently told the press that its Sibley 84 #1 re-entry well drilling has achieved its target depth for the objective of commencing commercial gas production from the Devonian and Fusselman target pay zones. We plan to have Gray Wireline now log the well, and the new data will be correlated with [...]

Petrosearch Energy Corporation told the press that its wholly owned subsidiary, Barnett Petrosearch L.L.C., has closed on the sale of its 5.54455% limited partnership interest in DDJET Limited LLP (“DDJET”) to Cinco County Barnett Shale LLC (“Cinco”), one of the other two partners in DDJET, for a cash purchase price of $36,000,000. At closing the [...]

Hyperdynamics Corporation released a report saying that it has signed a new and more comprehensive engagement with the renowned Washington-based lobbyist law firm of Patton Boggs LLP. Hyperdynamics had originally engaged Patton Boggs over a year ago but the scope of the representation was primarily focused on helping the company develop more extensive relationships with [...]

Bonanza Oil and Gas, Inc, a Nevada Corporation, has just told the press that the strategic alliance between Bonanza Oil and Gas, Inc. and Westerly Exploration, Inc. As a result of the alliance with Westerly, and the merger with Black Pearl Energy, Inc., Bonanza Oil & Gas will develop two additional properties in West Texas. [...]

Crusader Energy Group Inc. told the press that effective on July 18, 2008 it entered into a five-year $250 million second lien term facility with JPMorgan Chase Bank, N.A., as administrative agent. The Second Lien Term Facility replaces our existing $30 million second lien term facility with UnionBanCal Equities, Inc. The Second Lien Term Loan [...]

Rex Energy Corporation told the press that the company has named Mark A. Butta as Vice President of Oil and Natural Gas Marketing and Transportation. A 25-year veteran in the oil and natural gas industry, Mr. Butta will oversee Rex Energy’s oil and natural gas marketing and transportation department and will report to William L. [...]

As of today at 0600 hours, the Davis Bintliff #1 is at a current measured depth of 12,263 feet on the 34th day of drilling operations. The rig is undertaking a wiper trip in preparation to run open hole logs and subsequent to this operation, 9 5/8” casing. Currently, operations are on schedule and meeting [...]