…  to pursue opportunities with shorter cycle times and lower costs that complement its growing North Sea asset base. The Cochran #1 …  focused on the acquisition, exploration and development of energy reserves in the North Sea and United States. For more information, …

…  Energy Corporation announces that following a series of operational …

…  interest owners include Questar Corporation and Cimarex Energy. “Marathon is encouraged by the results of the Brickyard prospect as …  drilling technology to reduce drilling days and well costs thereby improving overall well economics.” Marathon holds …  completion by more than 35 percent and reduced completion costs by 10 percent,” Bay added. For more information, visit the Company’s …

…  Williams Energy, Inc. provided an update on the drilling status of two Bossier wells. …  this area. The Company will record provisions for dry hole costs and impairment expense totaling approximately $20 million in the fourth …  of 2009. To date, the Company has incurred drilling costs of approximately $11.6 million on this well (100% working …

…  systems will increase profitability by cutting refining costs, saving energy, and increasing efficiencies,” said Roman Gordon Chairman and CEO of …

…  to increase its Net Asset Value. We are currently reducing costs in our operations, which should lead to lower finding and development costs (F&D) as well as lower lease operating expenses (LOE) in 2009. In …  of securing such financing and building a world class energy …

…  and intensive geological study of the area with aggregate costs approximating $600,000. While surface sampling of the area reflected …  to date simply do not justify further expenditure of time, energy and funds on the part of the Company. It appears that the Portuguese did …

…  signed a Memorandum of Understanding with the Ministry of Energy and Industry of the Republic of Tajikistan to takeover drilling …  Using a local subcontractor will significantly reduce costs and going forward we will upgrade the drilling equipment to further …

Canamens announce the signing of a suite of agreements - including an Association Contract, a Petroleum Agreement and a Reconnaissance Contract, along with associated permits and a licence - to explore for oil in Morocco. These agreements were signed in …

…  Energy, Inc. announced it has set its 2009 capital budget at approximately $23 …  a limited amount of new 3-D seismic. David Pierce, FX Energy’s President and CEO, said, “The 2009 budget provides a balanced mix of …  Poland, about $1 million to fund the initial construction costs for the Roszkow production facilities, and $13 million for seismic …