Zion Oil & Gas, Inc. of Dallas, Texas and Caesarea, Israel has recently reported that Aladdin Middle East (”AME”) and Zion have amended their June 18 protocol to extend to September 1, 2008 the date by which they are to sign a drilling contract. The extension is necessary due to delays encountered in preparing and [...]

Glen Rose Petroleum Corporation which was also known as formally United Heritage Corporation, announced that it has just received a going concern opinion from its auditor relating to its financial statements filed on July 14, 2008 with its Form 10-K or the period ended March 31, 2008. That opinion from Hein & Associates LLP states:The [...]

North American Galvanizing & Coatings, Inc. announced record earnings for the first six months and the second quarter of 2008. The second quarter of 2008 is the Company’s tenth consecutive quarter of record earnings.
Consolidated net earnings for the 2008 second quarter were $3.4 million ($.27 per share), compared with $2.2 million ($.17 per share) in [...]

Offshore Rig Fleet contract status of ENSCO International report can be accessed through their oficial website. In the report of contract status of ENSCO’s offshore rig fleet includes information on The company’s estimated rig availability, contract duration or future day rates, customers or contract status.
ENSCO, headquartered in Dallas, Texas, owns and operates a modern fleet [...]

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 [...]

Franklin Mining, Inc. Chairman and President, William A. Petty, is pleased to announce that a letter of agreement has been signed with Synfuels International, Inc., Dallas, TX. Mr. Petty and Mr. Ben R. Weber, Jr, CEO and Chairman of Synfuels, yesterday reached an agreement addressing the environment and steps to be taken prior to finalizing [...]

Refining stocks rose as investors took a fresh look at the sector after a Deutsche Bank analyst raised his rating on Holly Corp. and Tesoro Corp.
Analyst Paul Sankey hiked his ratings on Holly and Tesoro to “Hold” from “Sell.” He upgraded the stocks because they were relatively cheap, not because of any major change by [...]

An oil tax increase this summer is unlikely to slow drilling in western North Dakota’s promising Bakken oil shale, which is leading the state toward an oil production record, industry officials say.
Prices that have soared above $120 a barrel will make the tax increase easier to tolerate, said Jeff Herman, of [...]

The chief financial officer of offshore drilling company Ensco International Inc. exercised options for 15,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.
In a Form 4 filed with the SEC, James W. Swent III reported he exercised options for the shares Friday for $27.31 to $33.55 apiece and then sold [...]

U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due [...]