PATTERSON-UTI ENERGY, INC. reported that for the month of August 2008, the Company had an average of 278 drilling rigs operating, including 265 rigs in the U.S. and 13 rigs in Canada. For the two months ended August 2008, the Company had an average of 273 drilling rigs operating, including 261 rigs in the U.S. [...]
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 [...]
The Arkansas Department of Environmental Quality is working to establish guidelines for drilling companies along the Fayetteville Shale.
Companies must now obtain permits from the state’s Oil and Gas Commission to drill for natural gas in the formation, which stretches across much of northern Arkansas. They also must get letters of authorization from the state to [...]
The Arkansas Department of Environmental Quality is revamping proposed regulations that would provide uniform rules for drilling companies along the Fayetteville Shale, Director Teresa Marks said Friday.
Over the next few weeks the department will work with industry representatives and others to revamp the regulations that were first proposed earlier this month, Marks told members of [...]
PATTERSON-UTI ENERGY, INC. reported that for the month of February 2007 the Company had an average of 257 drilling rigs operating, including 243 rigs in the U.S. and 14 rigs in Canada. For the two months ended February 2007 the Company had an average of 262 drilling rigs operating, including 247 rigs in the U.S. [...]
Triangle Petroleum Corporation continues to actively explore in Western Canada through its wholly owned Canadian subsidiary, Elmworth Energy Corporation (”Elmworth”). Elmworth’s corporate objective is to focus on building a solid production and cash flow base for the Company in the near term. The Alberta Deep Basin drilling programs will complement the longer term production opportunities [...]
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 [...]
Arkansas State University-Searcy, a technical campus of ASU-Beebe, will hold an Energy Training Council (E.T.C.) Safety Training course on Aug. 12. This course is designed for people interested in working for the Gas Drilling Industry.
The class will be offered from 8 a.m. to 7:30 p.m. Tuition is $100, which includes materials. This is a ten-hour [...]
Cygnus Oil and Gas Corporation has announced the appointment of three new members to its Board of Directors - Mr. Ted E. Davis, Mr. Ralph D. McBride, and Mr. Alfred J. Moran. The Cygnus Board is now composed of four independent directors in addition to our Chairman and CEO.
Mr. Ted E. Davis retired in 2000 [...]
