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... 

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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Repsol Now Applying Advanced Seismic Imaging Technology to Energy Exploration in Gulf of Mexico and Brazil

Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil. Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil industry,... 

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CREDO Updates Calliope and Drilling Operational Activities

CREDO Petroleum Corporation updated operational activities. James T. Huffman, President, stated, “Since the last operational update, we have made good progress on both our drilling and Calliope projects. CREDO has recently drilled seven wells of which four are producers, yielding a 57% success rate. A total of eight new wells are either awaiting completion or pipeline connection. Twelve wells are... 

Unicorp Announces Drilling is Expected to Begin on Its Second Well on Its North Edna Prospect and Provides Update

Unicorp, Inc. announces that drilling is expected to begin during the month of May on its second well on its North Edna prospect, located in Jefferson Davis Parish, Louisiana, and provides an update. The initial well, the Lejuene No. 1, has been producing for over eight months and is currently producing in excess of 100 barrels of oil per day. Based upon geological mapping from data gathered from the... 

Parallel Petroleum Announces 1Q 2007 Earnings & Operations Conference Call & Webcast

Parallel Petroleum Corporation will host a conference call to discuss the Company’s financial and operational results for the first quarter ended March 31, 2007, on Thursday, May 10, 2007, at 2:00 p.m. Eastern time (1:00 p.m. Central time). This call will be webcast by Thomson/CCBN and will be accessible at Parallel’s web site at www.plll.com. The webcast will also be distributed through... 

Unicorp Announces Participation in Multi-Well North Cayuga Prospect With Potential Gross Reserves of 1,000,000 Barrels of Oil and 4 Bcf of Gas

Unicorp, Inc. announced that it has entered into an agreement to participate in the North Cayuga Prospect located in Henderson County, Texas. The Cayuga Prospect will be drilled to a depth of approximately 9000 feet to initially test the Rodessa Bacon Lime zone. This prospect has the potential for eight wells and potential gross reserves of 1,000,000 barrels of oil and 4 Bcf of gas. Unicorp will have... 

Triangle Petroleum’s CEO Outlines Corporate and Exploration Progress

Over the past 18 months, Triangle Petroleum Corporation has progressed from a raw startup company to a thriving exploration company that has drilling programs planned in four core project areas. Two of these projects are in shale gas areas (Barnett in Texas and Fayetteville in Arkansas) which we believe will provide us with a strong and repeatable base of drilling opportunities. Another project area... 

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Parallel Petroleum’s CEO Larry C. Oldham to Present at John S. Herold Pacesetters Energy Conference

Parallel Petroleum Corporation today announced that its President and CEO, Larry C. Oldham, will present at The 15th Annual John S. Herold Pacesetters Energy Conference. The conference will be held at the Hyatt Regency, located at 1800 East Putnam Avenue in Old Greenwich, Connecticut, Tuesday through Thursday, September 26-28, 2006. Mr. Oldham will present at the conference on Thursday, September...