drilling

Results 41 - 50 of about 150 news for the tag: drilling.

Proxy Governance Recommends Grey Wolf Stockholders Vote for the Merger with Basic Energy Services

July 10th, 2008

Grey Wolf, Inc. announced that Proxy Governance, Inc., a leading independent proxy voting advisory firm, has recommended that Grey Wolf stockholders vote in favor of the proposed merger with Basic Energy Services, Inc. at the upcoming Special Meeting of Stockholders scheduled for July 15, 2008. As previously announced, Egan-Jones also has recommended that Grey Wolf [...]

FX Energy Provides Drilling Update on Grundy-2 Well

July 10th, 2008

FX Energy, Inc. reported that the Company’s Grundy-2 well is currently drilling in the Rotliegend sandstone at a depth of 4,625 meters. The top of the Rotliegend was encountered 100 meters higher than expected. The well has now drilled 385 meters of Rotliegend with gas shows throughout and no appearance of water.
Current plans are to [...]

Continental Resources Reports Improved Results From Its Second Well in the Three Forks/Sanish Formation in the North Dakota Bakken

July 10th, 2008

Continental Resources, Inc. announced initial results from its Mathistad 1-35H well completed in the Three Forks/Sanish formation in the North Dakota Bakken Shale area. The McKenzie County well, in which Continental has a 40% working interest, is the second that the Company has completed in the Three Forks/Sanish formation in North Dakota.
“The Mathistad 1-35H commenced [...]

Oriental Granted Additional Uranium Exploration Licenses in South Korea

July 9th, 2008

Oriental Minerals Inc. is pleased to announce the grant of three uranium exploration and mining licenses known as Daejeon 80 (Reg. No. 77073), Geumsan 81 (Reg. No. 77072) and Goisan 116 (Reg. No. 77074) in the Ogcheon region of South Korea.
These are the second set of uranium licenses granted to a foreign company in South [...]

Oromin Announces Prospective Oil Resources at Its Santa Rosa Prospect in Argentina

July 9th, 2008

Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (”Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in [...]

Golden Share Provides an Update on its Exploration Programs

July 9th, 2008

Golden Share Mining Corporation is pleased to provide an update on its on-going exploration programs.
The Company is advancing four projects and intends to execute three drill programs before the end of the year. Golden Share is sufficiently funded to achieve this objective and adequate field personnel are available. A diamond drilling contract has been awarded [...]

Goodrich Petroleum Prices 3,000,000 Share Public Offering

July 9th, 2008

Goodrich Petroleum Corporation announced the pricing of its previously announced offering of 3,000,000 shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission.
All of the shares offered will be sold at a price to the public of $64.00 per share. Net proceeds from the offering, estimated at $183.9 [...]

Harvest Natural Resources Announces Lease Acquisition - Bay Exploration Area

July 9th, 2008

Harvest Natural Resources, Inc. announced the successful acquisition of significant additional leasehold covering its prospective Bay Exploration Area located near Galveston, Texas. This completes the lease acquisition phase in this area. Harvest and its partners now control a major position in the Bay prospective area containing 13 identified leads in the regionally prolific Frio and [...]

Oceaneering Announces Shell Perdido Contract

July 9th, 2008

Oceaneering International, Inc. announced it has recently been awarded a contract by Shell for the fabrication and installation of subsea hardware on Shell’s ultra-deepwater Perdido Regional Development project in the U.S. Gulf of Mexico (GOM).
Engineering and fabrication of the hardware to be provided under the contract has commenced. This hardware includes 29 flowline and well [...]

Universal Energy Corp. Provides Drilling Update #5 for Lone Oak Prospect

July 9th, 2008

Universal Energy Corp., announced an update on drilling operations at its Lone Oak prospect in Galveston Bay, Texas. Installation of 7 5/8″ intermediate casing is now complete to a total measured depth of 11,470 feet. Drilling will commence later in the week to the target measured depth of 12,615 feet.
Billy Raley, Chief Executive Officer of [...]