Tethys Petroleum Limited announce that following meetings with the Prime Minister of the Republic of Tajikistan it has signed a Protocol of Intent (“POI”) with the Ministry of Energy and Industry concerning the negotiation of a Production Sharing Contract (“PSC”) for exploration and production in certain prospective areas in the north of the country. In the POI it is agreed...
Copper Canyon Resources Ltd.and Egoli Resources Inc. (a private British Columbia Corporation) have agreed to amend Egoli’s option to earn a 75% interest in Copper Canyon’s wholly owned Abo Gold Property located in the Harrison Lake area of south-western British Columbia, approximately 130km east of Vancouver. Under the modified terms of the agreement, Egoli may earn a 75% interest in the...
Southern Star Energy Inc., a fast-growing exploration and production company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its A.S. Burt 20-1 Well with positive results. The well reached planned intermediate pipe depth of 9,530 feet on November 10, 2008. Subsequent to logging...
Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent to logging the Cotton...
Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the successful drill of the Cash Point 30-1 Well, which reached planned total depth (TD) of 9,500 feet on August 27, 2008. This well is located in the southern section of the company’s Sentell Field in Bossier Parish, Louisiana. Wireline logging and...
Ausam Energy Corporation announced that it has, through its wholly-owned subsidiary Noram Resources, Inc., signed an asset purchase agreement with a private company to acquire 20% undivided interest in certain oil gas properties which include approximately 19,500 gross acres (13,800 net acres) located in Caddo Parish, Louisiana, Miller County, Arkansas, and Cass and Marion Counties, Texas. The properties...
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum offers institutional investors,...
Aztec Oil & Gas, Inc. previously announced that the Company had completed the drilling of two new wells for its Aztec 2007A Limited Partnership. The wells, Williams #1 and #2, were drilled in Tyler County, West Virginia to a depth of approximately 5,000 feet each. Logs on both wells indicated substantial reserves. Today, Aztec is announcing that it has completed perforating and fracing of the...
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...
Billy Raley, CEO of Universal Energy Corp. announced that it has signed a participation agreement to expand the oil and gas exploration and production segment of the company into Southeastern Louisiana. “The signing of this agreement with YUMA Exploration and Production Company, Inc. on their Caviar prospect continues our growth strategy to acquire low risk in-field oil and gas rights that offset...