Energy Solutions International, Inc., a world-leading supplier of software solutions that optimize operational and commercial performance of oil and gas pipelines, announced that PEMEX Gas y Petroquimica Basica (PGPB) selected PipelineManager® software for comprehensive management of its 12,000 kilometers of natural gas, liquid petroleum gas and petrochemical pipelines. PGPB is one of four divisions of [...]
Global Industries, Ltd. announced that it has been awarded a project from Petroleos Mexicanos (Pemex) for pipeline work in Pemex’s Ixtal Field in the Bay of Campeche.
The project, worth approximately US$75 million, is scheduled to begin in October and be completed by the end of January, 2009. Global will be utilizing the Shawnee as the [...]
Cano Petroleum, Inc has recently told the press about the results of its Fiscal Year End Reserves as prepared by Miller and Lents, Ltd., its new independent petroleum engineer. Proved developed producing (PDP) reserves increased 25% to 10.6 million barrels of oil equivalent (BOE) up from 8.5 million BOE (after FY ’08 production of 0.5 [...]
UHC New Mexico Corp., a subsidiary of United Heritage Corp., sold its producing and non-producing oil and gas properties in the Permian Basin on March 30 to Midland, Texas-based Cano Petroleum Inc.
The properties were sold for $7 million in cash and 404,204 shares of Cano’s restricted stock. The stock can not be traded for a [...]
Polaris Geothermal Inc., a renewable energy geothermal power producer, is pleased to announce that its subsidiary, Polaris Energy Nicaragua (”PENSA”), has entered into well drilling contracts for the drilling of production and re-injection wells to triple its generation capacity at the San Jacinto geothermal field in Nicaragua.
The first of the contracts was entered into with [...]
Jeff Johnson, Chairman & CEO, of Cano Petroleum Inc. , will be featured live on Market News First (http://www.mn1.com) for an exclusive interview with the MN1 news team. The interview is scheduled for Jan. 15, 2007 at 4:00PM CST.
Cano Petroleum Inc., an independent oil and gas company, engages in the acquisition, development, and operation of [...]
US Petroleum Depot, Inc., a subsidiary of Universal Property Development and Acquisition Corporation, has finalized the infrastructure design and is preparing to permit its petroleum storage facilities located in the Port of Brownsville, Texas and will soon launch the planned trading of petroleum condensate produced in Mexico by Petroleos Mexicanos (PEMEX) (www.pemex.com).
The storage facility [...]
