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...
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...
Cubic Energy, Inc. Participates in Additional Chesapeake Horizontal Haynesville Shale Well
Cubic Energy Inc. said it has accepted a proposal to participate in the horizontal drilling of Chesapeake’s Clingman Acres 11H well. This well is located in the Johnson Branch Field of Caddo Parish, Louisiana, and will be horizontally drilled to a measured depth of 17,000 feet, followed by a Haynesville Shale completion. The Clingman Acres 11H is located in Section 11, Township 15 North –...
Goodrich Petroleum Announces Mid-Year Reserves, Angelina River Trend Acquisition and Haynesville Shale Activity Update
Goodrich Petroleum Corporation announced that it has received its fully engineered mid-year 2008 reserve report, completed the acquisition of additional acreage in the Angelina River Trend in Nacogdoches County, Texas and provided a Haynesville Shale activity update. MID-YEAR RESERVES The Company has received its fully engineered mid-year reserve report from Netherland, Sewell & Associates, Inc....
Swift Energy Reports on Current Impact from Hurricane Gustav
Swift Energy Company reported that an initial airplane fly-over of our coastal Louisiana properties is currently being coordinated to assess the impact of Hurricane Gustav. As previously announced on Thursday, Swift Energy began implementing standard shut-down procedures in its coastal Louisiana properties due to weather risks from then approaching Tropical Storm Gustav. With the subsequent strengthening...
Kodiak Energy, Inc. – Lucy License Extension Approved and Work Programs Initiated
Kodiak Energy, Inc., operating in British Columbia (“B.C.”) as Kodiak Bear Energy, Inc., submitted an application to the B.C. Oil and Gas Commission (“OGC”) for an extension to test the Muskwa shale gas potential on its leases. On August 12, 2008, Kodiak and partners received the formal extension approval from the OGC. Kodiak and partners are immediately moving forward with...
Ausam announces agreement to purchase oil and gas assets
Ausam Energy Corporation announced that it has, through its wholly-owned subsidiary Noram Resources, Inc., signed an asset purchase agreement with a private company to acquire 20% undivided interest in certain oil gas properties which include approximately 19,500 gross acres (13,800 net acres) located in Caddo Parish, Louisiana, Miller County, Arkansas, and Cass and Marion Counties, Texas. The properties...
EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 10-14, 2008
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum offers institutional investors,...
Aztec Oil & Gas Announces Completion and Production of the First of Two New West Virginia Wells
Aztec Oil & Gas, Inc. previously announced that the Company had completed the drilling of two new wells for its Aztec 2007A Limited Partnership. The wells, Williams #1 and #2, were drilled in Tyler County, West Virginia to a depth of approximately 5,000 feet each. Logs on both wells indicated substantial reserves. Today, Aztec is announcing that it has completed perforating and fracing of the...
Index Oil and Gas Inc. Signs Letter of Intent On Shadyside Prospect
Index Oil and Gas, Inc. , announced that the Company, via its wholly owned Index Offshore LLC subsidiary, has signed a letter of intent to participate in the first exploration well in the Shadyside prospect, a highly significant opportunity for Index. On February 7, 2007, Index signed the Letter of Intent anticipating the Company’s participation in the Shadyside Prospect, located in St. Mary...
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Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
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American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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