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 [...]
Verenex Energy Inc. announce that it has submitted a Final Appraisal Report for the A1-47/02 Field to the Area 47 Management Committee which includes representatives of Verenex, Medco International Ventures Limited and the Libyan National Oil Corporation (”NOC”). The Report recommends that the field be declared commercial as a first step in advancing a 50,000 [...]
Lighthouse Petroleum, Inc. announce the acquisition of a 25% working interest in G2 Petroleum LLC’s Diamond Springs Prospect, located within the prolific Wind River Basin. The Diamond Springs Prospect comprises 3,300 gross acres of prospective oil and natural gas property in Fremont County, Wyoming. Independent geologic work has concluded that the property has the potential [...]
Surge Global Energy, Inc. announce that its wholly owned subsidiary, Surge Energy Resources, Inc., has concluded leasing approximately 640 acres in Crane County, Texas at a cost of about $140,000. Surge plans on drilling its first oil & gas discovery well on those leases within the next 30 days at a drilling cost of approximately [...]
Kentucky USA Energy, Inc., an early stage natural gas exploration and production company, announced today that the Company has commenced drilling at two additional well locations on its leasehold in western Kentucky. Drilling rigs have rigged up and spudded-in at the Hunter Wells #1 and Francis Grace #2 locations. Drilling at the J&J Johnston #1 [...]
McMoRan announced a successful production test at Flatrock No. 4 (location “C”). The production test, which was performed in the primary Rob-L section, indicated a gross flow rate of approximately 109 million cubic feet of natural gas per day (MMcf/d), 2,500 barrels per day of condensate and zero barrels of water, approximately 124 MMcfe/d (23 [...]
Allied Energy, Inc. provided the following report regarding its drilling, completion and production operations in Rogers County, Oklahoma for the following programs:
12-Well Program (USCBM)
The Begley #12-3 and Begley #12-4 wells are now in production with the Noble Brewer #12-1 and Noble Brewer #12-2 wells in the final stages of completion. Artificial lift systems are currently [...]
Allied Energy, Inc. provided the following update regarding its plans to drill two more wells in Pawnee County, Oklahoma.
Drill-site locations for the Foust #9-9 and Foust #10-9 have been excavated, built and are ready to be drilled in the very near future. The Company has secured a drilling rig to perform the drilling.
“We are tentatively [...]
Dynamic Resources Corp. has been informed by the operator of its Sentell Field project that it has successfully drilled and logged the targeted Haynesville interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached a total depth of 11,300 feet on October 14, 2008. This well is strategically located in the center section [...]
Corridor Resources Inc. reported that the South Branch G-36 exploration well is currently drilling ahead at a depth of approximately 2566 meters in the Frederick Brook shale. The well encountered a thick Hiram Brook formation within the interval 1380 meters to 2194 meters containing 33 meters of net natural gas bearing sands and a [...]
