Harvest Natural Resources Commences Drilling Operations Antelope Project in Utah
Harvest Natural Resources, Inc. announced commencement of drilling operations on the Bar F No. 1-20-3-2 well on Harvest’s Antelope project located in the Uinta Basin of northeastern Utah. Mobilization of Unit Drilling Corporation Rig # 109 to the drilling location commenced in early June and the well is expected to spud approximately June 15. The permitted depth of this exploration well is 18,000...
Meridian Reports Status Update On Weeks Bay No. 15 Well
The Meridian Resource Corporation announced that the Weeks Bay No. 15 well was recently placed on production. This well, located in Iberia Parish in the Weeks Island field, was sidetracked and drilled to approximately 8,900 feet measured depth and logged approximately 43 feet of overall prospective oil pay in the Miocene sand section. The well was put online last week and has produced at an average...
Terrawest Energy Corp. Announces Natural Gas Discovery
Petromin Resources Ltd., a progressive international Petroleum and Natural Gas Exploration and Production Company announce that Terrawest Energy Corp. (TWE) has tapped into what may be a massive new unconventional natural gas resource in China. The company discovered significant gas-bearing shale and multiple coal seams in its LHG 08-03 well drilled in November 2008. TWE holds a 47% interest in a production...
Tethys Petroleum: Protocol Signed for Northern Tajikistan Areas
Tethys Petroleum Limited announce that following meetings with the Prime Minister of the Republic of Tajikistan it has signed a Protocol of Intent (“POI”) with the Ministry of Energy and Industry concerning the negotiation of a Production Sharing Contract (“PSC”) for exploration and production in certain prospective areas in the north of the country. In the POI it is agreed...
Kentucky USA Energy, Inc. Reaches Total Depth on Hunter Wells #4
Kentucky USA Energy Inc., an early stage natural gas exploration and production company, announced that the Company has reached total depth (“TD”) of 2,732 feet on its Hunter Wells #4 well located on its leasehold in the New Albany Shale. The well has been evaluated and determined to be commercially viable and the wells’ drilling log confirms that there is approximately 166 feet of shale formation...
Brinx Announces First Well in the 2008-3 Program Intercepts 200 Feet of Gross Pay
Brinx Resources has announced that the first well in Ranken Energy’s 2008-3 drilling program, the Selman #1-21, was drilled and reached a total depth of 6842 feet on January 28, 2009. Open logs were run on the well and indicate a gross pay interval with gas shows from 6046′-6051′ in the Gibson Sand and from 6054′-6234′ and 6444′-6460′ in the Viola Formation....
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...
McMoRan Exploration Co. Updates Gulf of Mexico Exploration and Development Activities
McMoRan Exploration Co. updated its Gulf of Mexico exploration and development activities, including drilling progress at the Flatrock No. 5 development well, the Flatrock No. 6 delineation well and Tom Sauk exploratory well, results from the Northeast Belle Isle exploratory well and current production rates. McMoRan also announced that the rigs are on location at the high-impact Gladstone East and...
Friendly Energy Acquires Ten Natural Gas Drilling Sites, Options Forty Additional Sites
Friendly Energy Exploration. announces that it has acquired ten natural gas drilling sites and optioned forty additional sites located in the Molly Murphy Gas Field, Crockett County, Texas. The company will be targeting the Wolfcamp Sand structure, which is determined to be located near the 5500-foot depth zone. Based upon production figures of wells in the same field, producing from the targeted Wolfcamp...
Epsilon Energy Ltd. Updates Its Shares Purchased to Date Under Its Normal Course Issuer Bid
Epsilon Energy Ltd., announced that it had purchased 1,000,000 of its Common Shares through a combination of open market and block trades at an average cost of $0.83 per Common Share between October 1, 2008 and November 7, 2008. Under terms of the Normal Course Issuer Bid approved by the Toronto Stock Exchange (“TSX”) on September 29, 2008, Epsilon may purchase up to a total of 2,000,000...
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