Talon Metals Granted Rights to New Potash Exploration Licences

Talon Metals Corp., announce the granting of two new exploration licences for potash and to provide an update on the Sergipe Potash Project located in Sergipe State, Brazil. In a news release dated May 25, 2009, the Company announced the acquisition of the Sergipe Potash Project and immediately commenced a detailed review of the available technical data. Subsequently, Talon submitted an application... 

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American Energy Resources Discovers Mid-Continent Oil in Gove County, Kansas

American Energy Resources, an established industry player in the mid-continent region for oil and gas exploration and drilling, announced the discovery of significant oil. The oil well, christened Bonita Springs 4A is located eight miles southeast of Oakley in Gove County, Kansas. This is the second oil well to successfully produce resources for American Energy Resources within the last month. “This... 

Meridian Reports Status Update On Weeks Bay No. 15 Well

The Meridian Resource Corporation announced that the Weeks Bay No. 15 well was recently placed on production. This well, located in Iberia Parish in the Weeks Island field, was sidetracked and drilled to approximately 8,900 feet measured depth and logged approximately 43 feet of overall prospective oil pay in the Miocene sand section. The well was put online last week and has produced at an average... 

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Credo Petroleum Confirms New Field Discovery

Credo Petroleum Corporation today reported that it has confirmed a previously announced new field discovery and that additional drilling is scheduled. The prospect, consisting of 1,400 gross acres, was identified using subsurface geology and 3-D seismic. The new field has produced about 40,000 barrels of oil since coming on line in mid-January. Credo owns an 85% working interest. James T. Huffman,... 

Brinx Announces First Well in the 2008-3 Program Intercepts 200 Feet of Gross Pay

Brinx Resources has announced that the first well in Ranken Energy’s 2008-3 drilling program, the Selman #1-21, was drilled and reached a total depth of 6842 feet on January 28, 2009. Open logs were run on the well and indicate a gross pay interval with gas shows from 6046′-6051′ in the Gibson Sand and from 6054′-6234′ and 6444′-6460′ in the Viola Formation.... 

Marathon Announces Natural Gas Discovery in New Area of Oklahoma

As part of the Company’s targeted expansion into key resource plays of North America, Marathon Oil Corporation announced that it has participated in a successful step-out discovery well on the Brickyard prospect, located in the northeast area of the Anadarko Basin, targeting the Woodford Shale resource play in Canadian County, Oklahoma. The Cana No. 1-15H discovery well was drilled to a true... 

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FX Energy Sets 2009 Capital Budget at $23 Million; Drilling Activity to Continue at 2008’s Elevated Level

FX Energy, Inc. announced it has set its 2009 capital budget at approximately $23 million. The Company expects to fund this budget with cash on hand and cash flow from operations for the year with no increase in debt or equity. The bulk of the capital budget will be devoted to the Company’s operations in the Fences Concession area in Poland. The Company expects to continue growing its reserves... 

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Gran Tierra Energy Announces US$198 Million 2009 Capital Program

Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending program of US$198 million for exploration and production development operations in Colombia, Peru, and Argentina for 2009. This budget includes the drilling of seven exploration wells and six development wells in Colombia, in addition to seismic acquisition programs in Colombia,... 

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Manas Petroleum Announces Phase 1 in Kyrgyz Republic Completed

Manas Petroleum Corp. announces that Farmee Santos International Holding Pty Ltd completed the first of two exploration phases for 5 blocks in the Kyrgyz Republic. According to the farmin agreement between Santos and Manas` 100% subsidiary DWM Petroleum AG, Santos committed to spend during the first phase US$ 10 million for geological studies, reprocessing of up to 5,000 km 2-D seismic and 1,000 km... 

California Oil & Gas Corp Announces First Exploration Well Commenced Drilling, San Joaquin Basin, Southern California

California Oil & Gas Corporation announce that drilling has commenced on the Sunday Number 1 well in the San Joaquin basin of Southern California. The well spudded Friday, November 21, 2008 utilizing Nabors Drilling USA Rig Number 472. Drilling should be completed in less than seven days. The Sunday Number 1 well is the first of a planned four well exploration drilling program by COGC and the... 

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