Endeavour Launches Onshore U.S. Exploration Campaign

Endeavour International Corporation announced that the first exploration well of a new onshore exploration program focused in South Texas has resulted in a commercial discovery and the company’s first production in the United States. The initiative reflects a shift in strategy by Endeavour to pursue opportunities with shorter cycle times and lower costs that complement its growing North Sea asset... 

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EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 10-14, 2008

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,... 

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Is Particle Drilling’s Technology Worth a Drill Bit?

Particle Drilling Technologies Inc , based in Houston, Texas, is a development-stage oilfield service company in the process of commercializing its patented advanced drilling technology known as Particle Impact Drilling [PID]. Unlike earlier particle recovery systems, PID technology does not require high surface pressures””up to 11,000 psi””in order to give the small particle the velocity... 

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Allis-Chalmers Energy to Acquire Oil & Gas Rental Services

Allis-Chalmers Energy Inc. announced that it has entered into a definitive agreement to purchase substantially all the assets of Oil & Gas Rental Services, Inc., a Louisiana based corporation that provides rental tools to both offshore and onshore exploration and production companies. The consideration for the acquisition of the assets will consist of cash in the amount of $291 million and 3.2... 

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Allis-Chalmers Closes Acquisition of DLS Drilling Logistics & Services Company

Allis-Chalmers Energy Inc. (Amex: ALY – News) announced today the closing of its acquisition of DLS Drilling Logistics and Services Corporation, from Bridas International Holdings Limited, Bridas Central Company Limited and Associated Petroleum Investors Limited. The acquisition purchase price consisted of approximately $93.7 million in cash, 2.5 million newly issued shares of Allis-Chalmers’... 

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Delta Petroleum Corporation Announces Second Quarter Operating Results

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)... 

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EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 13 – 17, 2006

EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts,... 

Source Petroleum Announces Signing of Agreement for Major Acquisition

Source Petroleum, Inc. (OTCBB:SOPO), a Canadian oil and gas exploration and development company, announced today that it has executed a definitive agreement for the acquisition of Source Projects, Inc., a privately held oil and gas company headquartered in Calgary, Alberta. The acquisition, which is anticipated to be completed before the end of August 2006, will be a stock only transaction. Once completed,... 

EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 13 – 17, 2006

EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts,...