StatoilHydro, the second largest natural gas supplier to Europe and Chesapeake Energy Corporation, the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore unconventional gas opportunities worldwide.
Under these agreements StatoilHydro will initially acquire a 32.5% interest in Chesapeake’s Marcellus shale gas acreage covering 1.8 million net acres (7,300 [...]

Chesapeake Energy Corporation and BP America announced the execution of a Letter of Intent for a joint venture whereby BP will acquire a 25% interest in Chesapeake’s Fayetteville Shale assets in Arkansas for $1.9 billion. The assets have current daily net production of approximately 180 million cubic feet of natural gas equivalent and include approximately [...]

Gulf Onshore, Inc. announced that its Board of Directors has appointed R.Wayne Duke, Earl Moore and Mark Smith as directors. The board also appointed Mr. Moore as Chief Executive Officer and Mr. Smith as Chief Financial Officer. Dean Elliot has resigned as an officer and director for personal reasons. The Company has also formed a [...]

A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment.
Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska.
The recently released assessment shows [...]

Parallel Petroleum Corporation has announced its estimated second quarter 2007 production, work-in-progress well operations, a change in its method of recognizing proved undeveloped (PUD) reserves related to its horizontal drilling gas projects and revised proved reserves as of March 31, 2007.
Estimated Second Quarter 2007 Production
Parallel’s estimated net daily production for the second quarter ended June [...]

Over the past 18 months, Triangle Petroleum Corporation has progressed from a raw startup company to a thriving exploration company that has drilling programs planned in four core project areas. Two of these projects are in shale gas areas (Barnett in Texas and Fayetteville in Arkansas) which we believe will provide us with a [...]

Company Commences Drilling Program in Fayetteville Shale Gas Project
Triangle Petroleum Corporation is pleased to announce the following development in its wholly owned subsidiary, Triangle USA Petroleum Corporation (”Triangle USA”).
Triangle USA is pleased to announce the commencement of drilling operations on its Fayetteville Shale program located in Arkansas. This first well has resulted from a pooling [...]

Delta Petroleum (Nachrichten) Corporation , an independent energy exploration and development company (”Delta” or “the Company”), today reported operating results for the second quarter and first half of 2006.
RESULTS OF OPERATIONS
For the quarter ended June 30, 2006, the Company reported net income of $4.2 million, or $0.08 per fully diluted share, and EBITDAX (defined below) [...]

Companies working hard to squeeze more energy out of area rocks
Producing natural gas from shale — a thin, nonporous rock — is the newest wrinkle at some of Oklahoma’s biggest energy companies and a source of energy some say could be vital to meeting U.S. demand.
Encouraged by the explosive growth of natural gas production [...]

Vista Gold Corp. (Nachrichten) Toronto is pleased to announce that a mineral resource analysis for the Batman deposit at the Mt. Todd gold mine was completed on June 26, 2006, by Gustavson Associates of Boulder, Colorado, in accordance with Canadian National Instrument 43-101 standards under the direction of Mr. John Rozelle, an independent Qualified Person, [...]