Mogul Energy International, Inc. announces that the company has commenced its drill program involving the Walpole properties located in southeastern Saskatchewan. Mogul Energy representative has confirmed that the first well has been spudded successfully. The first well is to be drilled to a total depth of 1100 meters testing the Torquay, Souris Valley and Bakken [...]
Delek US Holdings, Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, today confirmed that there has been one fatality resulting from a fire which occurred at the Company’s 60,000-barrel-per-day Tyler, Texas refinery on Nov. 20.
“We are deeply saddened by the loss of our friend and colleague. Our thoughts [...]
Daybreak Oil and Gas, Inc. a Washington Corporation, announce that the Sunday #1 well at the Company’s East Slopes Prospect in the San Joaquin Basin near Bakersfield, California has begun drilling.
The Company and its partners have contracted with Nabors Drilling USA to drill the well.
It is anticipated that the well will take approximately seven days [...]
CROWFLIGHT MINERALS INC. announce it has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX).
The listing is conditional on the Company providing certain documents to the Exchange. Following graduation, the common shares of the Company will continue to trade under the stock symbol CML.
Commented Mike Hoffman, President and CEO of [...]
The American Energy Group, Ltd. announced that Hycarbex-American Energy, Inc. has spudded the Yasin Exploratory Well #1 on Yasin Block. The American Energy Group, Ltd. owns an 18% gross royalty in the Yasin Block (2768-7) Concession. The working interest is co-owned by Hycarbex (85%), Hypak Asia (Pvt) Ltd. (10%) and Government Holdings (Pvt) Limited (5%).
As [...]
In consideration of the ongoing uncertainty in the uranium and securities markets, Energy Fuels has taken a number of steps to reduce its rate of spending. Energy Fuels’ capital preservation strategy is being implemented to ensure that the Company will be in place with strong, developed assets, ready to catch any significant upswing in the [...]
First Calgary Petroleums Ltd. announce that it has closed the plan of arrangement involving First Calgary, Eni Canada Holding Ltd., Eni S.p.A. and securityholders of First Calgary.
Under the terms of the arrangement, First Calgary shareholders receive C$3.60 cash for each common share held. In addition, on November 28, 2008 First Calgary will redeem all of [...]
FX Energy, Inc. reported that preliminary geophysical work has been conducted at the Sroda-6 well. The result of this initial work indicates that the optimum updip location may be out of reach for a well deviated from the original wellbore. Therefore, the well has been suspended pending the completion of additional geophysical work.
The geophysical data [...]
Golden Aria Corp. has been notified by Texalta Petroleum Ltd., the operator of our Wordsworth light oil project, that based on positive production testing a new Horizontal oil well has been placed on production.
During the 8 hour test period the well produced oil at a rate of about 257 barrels per day. With the tubing [...]
BPZ Resources, Inc. announced the spudding of the CX11-15D well in the Corvina field in the Company’s offshore Block Z-1 in northwest Peru.
The 15D will target the known oil and gas sands in an up dip position with the main objective of proving up a portion of the probable oil and gas reserves and giving [...]
