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 set at approximately 3,400 ft depth, the well produced about 234 barrels of total...
Flint Energy Services Ltd. announced that the Company has been awarded two contracts to provide fluid hauling and pressure and vacuum services to two major oil producers in Northeast Alberta valued at $125 million (Canadian dollars) over the next five years. The first, a five year contract, worth an estimated C$15 million annually, is with an existing customer in Northeast Alberta. This contract will...
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...
To strengthen its world-class product and service offerings, Caterpillar Inc. is aligning its machine product and marketing organizations to sharpen customer focus, position the company to achieve its 2010 and Vision 2020 goals and build deep expertise in product development. “We are well-positioned for long-term success,” said Caterpillar Chairman and CEO Jim Owens. “And Team Caterpillar...
Capital City Energy Group Inc. has announced that its wholly owned subsidiary, Avanti Energy Partners LLC, will complete plans for a five-well natural gas drilling program in the fourth quarter and commence drilling in the first quarter of 2009. The drilling package will target the Clinton Sandstone in the Appalachian Basin. The Clinton Sandstone is less than 4,000 feet deep and will be drilled on...
Exxon Mobil Corporation announced today a donation of $1.5 million for disaster relief assistance in Louisiana resulting from Hurricane Gustav. “The physical damage from Gustav’s hurricane force winds has been devastating, particularly in south Louisiana,” said Rex W. Tillerson, chairman and chief executive officer. “Hundreds of thousands of people will be without power for several more weeks...
Capital City Energy Group, Inc. announced that it has applied for listing of its shares of common stock on the American Stock Exchange LLC (AMEX). Although no assurances can be given that the Company’s common stock will be accepted for listing, the Company believes that it meets the quantitative standards for original listing under the standards listed in the Amex Company Guide. “The submission...
TECO Energy announced the formation of a new subsidiary, SeaCoast Gas Transmission, LLC, to develop and own a high-volume Florida intrastate natural gas transmission pipeline. Natural gas continues to play a major role in serving the incremental energy needs in the State of Florida, and this new subsidiary provides TECO Energy with an opportunity to participate in a business line that compliments its...
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,...
Omni Energy Services Corp. said Tuesday that its seismic drilling backlog remains strong at more than $56 million. Additionally, the Company said that milder than expected weather conditions during the early part of this year have contributed to better than expected production activity. Commenting on the increased seismic drilling backlog and increased production activity, James C. Eckert, Chief Executive...