Victory Energy Corporation (OTC BB:VYEY.OB) announced today it has engaged consultants, industry experts in horizontal drilling technology, for the Canyon Sandstone formation. The horizontal drilling evaluation is for the Corporation’s gas play in the Texas Permian Basin.
The consultants are optimistic that horizontal drilling can be successfully adopted for the Canyon Sandstone formation due to the [...]

Austral Pacific Energy Ltd. announces that it has reached agreement with a number of arms-length accredited investors to privately place up to 14 million equity units at US$0.50 each with each unit comprised of a common share and a 15 month half-warrant, each full warrant being exercisable at US$1.00 per common share. $5.61 million of [...]

Cardero Resource Corp. (”Cardero” or the “Company”) (Toronto:CDU.TO)(AMEX:CDY)(Frankfurt:CR5.F) is pleased to announce that, as part of the Company’s strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 (”LOI”) with Ethos Capital [...]

Williams Industries, Inc. (Other OTC:WMSI.PK) today announced results for the third quarter of Fiscal 2008, which ended April 30, 2008. The company had revenue of $9,491,000 and a loss of $465,000 or $0.13 per share, compared to the 2007 third quarter revenue of $11,474,000 and a loss of $660,000 or $0.18 per share. For the [...]

Victory Energy Corporation announces that the Corporation has started drilling the tenth well in the Canyon Sandstone gas play located in the Texas Permian Basin.
The drilling contractor has moved the drilling rig onto well # 166-7 over the weekend after the crew finished plugging and abandoning their initial attempt to drill the tenth well [...]

The program, which will be held in Dubai from 10 to 15 May 2008, is the first time it will be offered in the region.
The program uses current oil and gas industry examples to examine how management strategies and styles have changed as companies and workforces become more global and diverse.
With dramatic changes currently occurring [...]

Tamm Oil and Gas Corp. is pleased to announce the Company has acquired 100% ownership of 21 contiguous sections of land totaling 13,440 acres in the Peace River Oil Sands Area of NW Alberta. The company acquired 100% working interest in mineral rights on these lands which are prospective for heavy oil in the Debolt, [...]

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. [...]

PrimeWest Energy Trust announces that it is filing its Statement of Reserves Data and other Oil and Gas Information on Form 51-101F1 (the “Statement of Reserves”), the Report on Reserves Data by GLJ Petroleum Consultants Ltd. on Form 51-101F2 and the Report of Management and Directors on Reserves Data on Form 51-101F3, with the Canadian [...]

OAKLAND - The developer of the proposed coal-to-diesel plant in the Oakland area has signed a lease to mine local coal to supply the plant.
Energy development company American Clean Coal Fuels of Vancouver, Wash., signed the lease Wednesday with the Embarras Valley Coal Association.
“This is a major step forward,” said American Clean Coal Fuels President [...]