Newfield Signs Interim Oil Sales Agreement With Big West

Newfield Exploration Company signed an interim agreement to resume oil sales with Big West Oil Co. LLC, a subsidiary of Flying J Inc., for deliveries of black wax production from its Monument Butte oil field in the Uinta Basin of the Rockies. Volumes to be delivered range from 9,000 – 14,000 BOPD. This compares to previous deliveries of approximately 9,000 BOPD. The new arrangement provides for... 

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Cabot Oil & Gas Provides Marcellus Update, East Texas Waiting on Frac Proppant

Cabot Oil & Gas Corporation announced that its Marcellus initiative in northeastern Pennsylvania is gaining momentum and is currently producing over 13 Mcfe per day. Most recently, Cabot completed its first Marcellus horizontal well with a measured depth of 8,925′ and a horizontal leg at 2,000′ using a six-stage frac. The result was a 24-hour average initial production rate of 6.4... 

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Brownstone Joint Ventures With Laramie Energy LLC in Piceance Basin

Brownstone Ventures Inc. and its joint venture partner, Dejour Enterprises Ltd. announced they have signed a joint venture agreement with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (6,300 net to Brownstone) in an area at the northwest edge of the Piceance Basin. Under... 

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Dejour Enterprises Selects Laramie Energy LLC to Joint Venture in the Piceance Basin

Mr. Hal Blacker, President & COO of Dejour Energy USA Inc. announces a joint venture agreement has been signed with Laramie Energy II LLC, a privately funded Exploration and Production Company with corporate offices in Denver Colorado. The joint venture involves approximately 22,000 gross acres (15,700 net to Dejour) in an area at the northwest edge of the Piceance Basin. Under the terms of the... 

Lexam Explorations Inc.: Finding of No Significant Impact Reached for Baca Project

LEXAM EXPLORATIONS INC. announce that the United States Fish and Wildlife Service (USFWS) has issued a Finding of No Significant Impact (FONSI) for Lexam’s Baca Project located in south-central Colorado. The USFWS’ decision was reached based on the results of an Environmental Assessment (EA) conducted by the Service under the National Environmental Policy Act (NEPA). The USFWS environmental... 

South Texas Oil Company Provides Interim Operations Update

South Texas Oil Company provided an interim operations update and asset overview. With the appointment of new management in late June 2008, the Company has clearly defined its core operating areas and plans for growing production and reserves. Overview South Texas Oil is an independent oil and natural gas exploration and production company with three core operating areas: — The Gulf Coast... 

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JAG Media Holdings, Inc. Announces Letter of Intent for the Merger of BlueCreek Energy, Inc.

JAG Media Holdings, Inc. announced that it has entered into a non-binding letter of intent with BlueCreek Energy, Inc. and several other parties, pursuant to which BlueCreek will merge with a wholly-owned subsidiary of JAG Media. In consideration of the merger, the shareholders of BlueCreek would receive at the closing a number of shares of JAG Media’s common stock, which upon issuance would... 

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Northwest Pipeline and Transco Announce Expiration of Exchange Offers

Northwest Pipeline GP, a majority owned subsidiary of Williams, and Transcontinental Gas Pipe Line Corp., a wholly owned subsidiary of Williams, today announced the expiration of exchange offers for certain of their outstanding notes at 5 p.m. EDT. Northwest announced that 100 percent of its privately placed outstanding 6.05-percent senior notes due 2018 were tendered and will be exchanged for newly... 

U2009 Global Uranium Symposium Announced

The U2009 Global Uranium Symposium will be held May 9-13, 2009 at the Keystone, Colorado Resort & Conference located in the scenic Rocky Mountains, a two-hour drive from Denver International Airport and near several other ski resorts, lakes and snowcapped mountains. The symposium will bring together uranium industry professionals and students representing the beginning of the nuclear fuel cycle... 

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Superior Well Services, Inc. Agrees to Acquire Oilfield Service Assets from Diamondback Holdings, LLC

Superior Well Services, Inc. announced that it entered into a definitive asset purchase agreement to acquire certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company. Pursuant to the terms of the agreement, Superior will acquire Diamondback’s pressure pumping, fluid logistics and completion, production and rental tools business lines for $270.0 million in cash,... 

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