Hyperdynamics Corporation today announced that it has received encouraging preliminary results from an oil seeps study of the company’s 31,000-square-mile oil and gas concession offshore Guinea. The survey was conducted by TDI-Brooks International of College Station, Texas. “We conducted this study to survey projected sites of oil seepage in three areas of our concession,” said Ray...
Hyperdynamics Corporation announced that it has contracted TDI-Brooks International of Houston to conduct a comprehensive oil seeps study of the company’s 31,000-square-mile oil and gas concession offshore Guinea. The sample collection is expected to begin in mid-October. “We are conducting this study to survey known sites of oil seepage in three areas of our concession,” said Ray...
Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, on known oil accumulations containing...
Arctic Oil & Gas Corp., a petroleum exploration company, announce that The Company is a co-applicant for a group of offshore OCS and State leases in the Santa Barbara Channel covering known oil-gas deposits estimated to contain between 250 million to 500 million barrels of oil and gas equivalent. These resources have minimal geological risks being identified plays in known petroleum fields. Eventually...