crude oil exploration

Results 1 - 10 of about 182 news for the search terms: crude oil exploration.

Newfield Signs Interim Oil Sales Agreement With Big West

December 26th, 2008

…  Exploration Company signed an interim agreement to resume oil sales with Big West Oil Co. LLC, a subsidiary of Flying J Inc., for …  long as Big West is permitted to use its cash to purchase crude oil. Newfield anticipates that sales volumes under this agreement will …

Hess Announces Results of Africa Exploration Drilling

December 17th, 2008

…  license area. John O’Connor, President of Worldwide Exploration and Production, said, “The results of our drilling in Libya and …  production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum …

Gran Tierra Energy Announces US$198 Million 2009 Capital Program

December 11th, 2008

…  Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending …  is planned to continue, including support facilities, crude gathering lines, water lines, two pumping stations and storage …

Callon Petroleum Company Provides Operations Update

December 9th, 2008

…  end cash-on-hand, our senior secured credit facility and crude oil and natural gas hedges with a current cash value in excess of $20 million, …

Chevron Announces First Oil Production From Indonesias North Duri Field

November 26th, 2008

…  PT. Chevron Pacific Indonesia, has started producing crude oil from the North Duri Field Area 12 in Indonesia, where Chevron produces …

Newfield Exploration and Ecosphere Technologies Sign Water Recycling Services Agreement

November 24th, 2008

…  signed a water recycling services contract with Newfield Exploration Mid-Continent. Newfield Exploration is an independent crude oil and natural gas exploration and production company and a subsidiary of …

Gran Tierra Energy Announces Temporary Suspension of Production Operations in Its Costayaco and Juanambu Oil Fields, Colombia

November 24th, 2008

…  Tierra Energy Inc. a company focused on oil exploration and production in South America, announced that it has temporarily …  due to a general strike in the region. The resumption of crude oil deliveries to Orito is pending resolution of the strike and …

California Oil & Gas Corp Announces First Exploration Well Commenced Drilling, San Joaquin Basin, Southern California

November 24th, 2008

…  Oil & Gas Corporation announce that drilling has commenced on the Sunday Number …  Sunday Number 1 well is the first of a planned four well exploration drilling program by COGC and the current partners in the project …  which could contain 15 degrees API to 25 degrees API crude oil at a depth of about 2500 feet. As specified in the Joint Venture …

Verenex submits Final Appraisal Report and preliminary development plan for A1-47/02 Field in Libya

November 11th, 2008

…  International Ventures Limited and the Libyan National Oil Corporation (”NOC”). The Report recommends that the field be declared …  producing approximately 50,000 bopd (gross) of light sweet crude oil and 50 mmscfpd of natural gas. Verenex expects to submit final …

TransAtlantic Petroleum Corp. Announces Cash Takeover Offer for Incremental Petroleum Limited

October 27th, 2008

…  Stock Exchange under the symbol “IPM.” Incremental is an oil and gas company with its main operations in Turkey and some additional …  Corp. is engaged in the exploration and development of crude oil and natural gas properties in Morocco, Turkey and Romania. Common …


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