Kosmos Energys Hyedua-2 Appraisal Well Flows 16,750 Barrels of Oil Per Day

January 12, 2009 Filed Under: Oil and Gas  
Kosmos Energys Hyedua-2 Appraisal Well Flows 16,750 Barrels of Oil Per Day

Kosmos Energy announces that the Hyedua-2 appraisal well offshore the Republic of Ghana on the Deepwater Tano Block in the Jubilee Field flowed at a maximum stable flow rate of 16,750 barrels of oil per day (bopd) of 37-degree API gravity crude and approximately 21 million cubic feet per day of associated natural gas during a successful drillstem test. The well confirms a significant extension of the... 

Anadarko Announces Ghana Test Well Flows Nearly 17,000 Barrels of Oil Per Day

January 12, 2009 Filed Under: Oil and Gas  
Anadarko Announces Ghana Test Well Flows Nearly 17,000 Barrels of Oil Per Day

Anadarko Petroleum Corporation announced a successful drillstem test (DST) at the Hyedua-2 appraisal well in the deepwater Jubilee field offshore Ghana. The well, located in approximately 4,090 feet of water on the Deepwater Tano License, flowed at a stable rate of 16,750 barrels of 37-degree API gravity crude oil and approximately 21 million cubic feet per day of associated natural gas from a single... 

Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil

January 7, 2009 Filed Under: Oil and Gas  
Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil

Cavitation Technologies, Inc. has filed a patent for rapid modification of crude oil. It is proven that cavitation in fluids provide superior mixing and may significantly accelerate rates of chemical reactions and processes. By applying this concept to oil refining industry the company was able to increase the efficiency of refining crude petroleum to gasoline, kerosene, diesel, jet fuel and other... 

Gran Tierra Energy Announces US$198 Million 2009 Capital Program

December 11, 2008 Filed Under: Mining Investment, Mining Stocks, Oil and Gas  

Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending program of US$198 million for exploration and production development operations in Colombia, Peru, and Argentina for 2009. This budget includes the drilling of seven exploration wells and six development wells in Colombia, in addition to seismic acquisition programs in Colombia,... 

Petromin brings on dual producer at Gilby and adds $115,000.00 per month in net revenue

September 22, 2008 Filed Under: Oil and Gas  

Petromin announce that current production from the Company’s recently completed second well at Gilby in Central Alberta is at approximately 2 Million Cu. Ft of gas per day with approximately 50 barrels of 32 degree light gravity crude oil per day adding $115,000.00 per month in net revenues to the Company which retains 16 2/3 percent interests in the dual producing well. These Gilby wells are... 

Chevron Announces Agreements to Develop the Hebron Heavy Oil Project Offshore Newfoundland and Labrador

August 20, 2008 Filed Under: Oil and Gas  

Chevron Canada Limited, a wholly owned subsidiary of Chevron Corporation, today announced on behalf of itself and its co-venturers the completion of legal agreements with the Government of Newfoundland and Labrador to develop the Hebron heavy oil project offshore the East Coast of Canada. The Hebron field is located 340 km offshore the province of Newfoundland and Labrador in 92 metres of water. Discovered... 

Glen Rose Petroleum Corporation on Udit option

July 22, 2008 Filed Under: Mining Services, Oil and Gas  

Glen Rose Petroleum Corporation which was also known as formally United Heritage Corporation, announced that it has just received a going concern opinion from its auditor relating to its financial statements filed on July 14, 2008 with its Form 10-K or the period ended March 31, 2008. That opinion from Hein & Associates LLP states:The Company has limited capital resources and no significant revenue... 

Oromin Announces Prospective Oil Resources at Its Santa Rosa Prospect in Argentina

July 9, 2008 Filed Under: Oil and Gas  

Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (“Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in the Province... 

United States Announces Clean Air Act Settlement With Two Oil and Gas Companies In Illinois

April 6, 2007 Filed Under: Oil and Gas  

The United States government and the state of Illinois today reached a Clean Air Act (CAA) settlement with oil producers Rex Energy Operating Corp. and PennTex Resources Illinois, Inc. which will result in reduced emissions from the companies’ facilities in Illinois. The settlement is the result of an exposure investigation which was initiated in response to citizen complaints, and requires the... 

BPZ Energy Reports Successful Oil and Gas Tests on CX11-21XD Well

March 8, 2007 Filed Under: Oil and Gas  

BPZ Energy, Inc. announced the results of tests conducted on the CX11-21XD well in the Corvina field located offshore northwest Peru. The well tested at a rate of 40 million cubic feet per day (MMcfpd) of natural gas and 3,150 barrels of crude oil per day (bopd). A total of four Drill Stem Tests (DST) were conducted on separate potential pay zones covering 413 feet from the Lower and Upper Zorritos...