Marathon Announces Natural Gas Discovery in New Area of Oklahoma
… flowed at an initial rate of 5.2 million cubic feet of gas per day. Marathon is the well operator and holds approximately 57 percent …
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Clayton Williams Energy Provides Operations Update on Bossier Drilling
… Lee Fazzino #2 well which has produced 34.6 Bcf of natural gas since first production in 2001. The well has been drilled to a total …
Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil
… to increase the efficiency of refining crude petroleum to gasoline, kerosene, diesel, jet fuel and other valuable hydrocarbon-based … Technologies. “During our testing 5 to 15% more diesel and gasoline was produced from the same barrel of crude oil using our …
PetroHunter Energy Corporation Closes Sale of Interest in Producing Properties
… of its 50% working interest in eight producing oil and gas wells to Robert L. Bayless, Producer LLC (”Bayless”), for $2.3 million, … oil and gas leases and related interests in oil and natural gas properties, including approximately 20,000 net mineral acres in …
Providence Drills Well on Its Val Verde Prospect
… primary objective is the Ellenberger Formation, a gas bearing zone between 14,500 and 16,000 feet identified by Providence … Royalty Corp.” well, which was drilled in 1982, confirms gas in the area covered by Providence’s 3D seismic coverage. While drilling …
Gulf Resources Agrees to Acquire Bromine and Crude Salt Manufacturing Assets
Gulf Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in the People’s Republic of China, today announced that one of its wholly-owned subsidiaries Shouguang City Haoyuan Chemical Company Limited has signed a …
Crosshair & Target Agree to Combine to Create a Solid North American Uranium Asset Base
Crosshair Exploration & Mining Corp. and Target Exploration & Mining Corp. have entered into a Letter Agreement to combine their businesses to create a well-funded, low-cost, growth-oriented, uranium exploration and development company with a defined timel …
Revett Receives Approval of Rock Creek Environmental Assessment
Revett Minerals Inc. 67% held subsidiary, Revett Silver Company, and its wholly owned subsidiary RC Resources Inc. is pleased to announce it has received notice from the Montana Department of Environmental Quality (MDEQ) that the draft Environmental Assess …
Aegean Marine Petroleum Network Inc. Announces Expansion Plans in Morocco
Aegean Marine Petroleum Network Inc. announced that Horizon Tangiers Terminal S.A. (HTTSA), a special purpose consortium, has named Aegean as the exclusive bunkering company for the new port in Tangiers, Morocco. The agreement, which is scheduled to become …
SemGroup Clarifies Restructuring Process
SemGroup, L.P. issued the following statement today to clarify the company’s restructuring process, which began in July 2008 when SemGroup and certain subsidiaries voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The compan …
