… 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 for 4.3 million barrels of recoverable oil, with a revenue potential …
… President and Chief Executive Officer of Coastal Caribbean Oils & Minerals, Ltd. , announced today that the Company’s wholly owned … with 80-acre spacing. The same report has estimated potential recoverable resources to be approximately 220 BCF of gas from two …
… on $5.89 per Mcf for natural gas reserves and $86.61 for oil reserves, which are roughly equivalent to today’s prices. Reserve … in other categories which provide significant upside potential. Currently, the company has open natural gas hedge positions for …
… working interest owners at the Goliath Prospect (American Oil & Gas, Inc. (50%), Sundance Energy Australia Limited (5%) and privately … RTA join us in the next phase of developing the Bakken potential within our Goliath acreage position. Recent advancements in drilling …
… Co. flowed at an average rate of 1,001 barrels of crude oil equivalent per day (boepd) from the TFS formation during its initial week … wells should give us a much better understanding of the potential of the TFS formation in this area.” The Ronholdt is located east of …
… Region and our team already recognizes tremendous upside potential for development,” stated Bob R. Simpson, Chairman and Chief Executive … exploitation and development of quality, long-lived oil and natural gas properties in the United States. Its properties are …
… Ohio. “The 2D seismic is the first step in evaluating potential exploration opportunities in this region. There are multiple objectives that produce gas, condensate and oil at shallow depths of 1,000 to 5,000 feet in this region. We expect to …
… a 50% ownership of the approximately 2,800 gross acres within the Area of Mutual Interest (”AMI”) identified as the Geary Prospect lands … that has already produced in excess of 300,000 barrels of oil from 2 wells. In the immediate area of the Geary Prospect, millions of … mapped exploration plays with significant upside potential. Visit our website at …
… pressures and additional multiple coal bed methane and oil/gas formations being discovered in the Collins Hemi 1 well in Woodson … back rate in this process and is less than 1/6 of the potential rate of production to an equivalent of 22 BOEs per day. The well’s …
… Point Energy Corp. reported today that it has engaged LO&G Consultants GmbH to … a study of several Central European basins to identify potential for unconventional gas accumulations. “Central Europe has … Point Energy Corp. is engaged in the development of oil and gas projects in the U.S., South America and Europe. The Company has …
