India’s state-owned Oil and Natural Gas Corp. said it will notify four oil and gas discoveries in a month to the Directorate-General of Hydrocarbons.
The decision came at an ONGC board meeting Monday, an ONGC statement said Tuesday.
The board also cleared three major investments for growth-oriented projects, the statement said, adding these are the reconfiguration of [...]
Private energy major Cairn India Ltd. said Thursday it made two new oil and gas discoveries in Rajasthan state.
The company also announced the extension of its exploration activities in Rajasthan for another six months. Sharing the details of the oil and gas discoveries, a company statement said it made the discoveries in Kameshwari west-2 [...]
Leaders of Guyana and Suriname are eager to tap their underwater oil reserves, but the drilling won’t begin until a world court draws a maritime border to settle their territorial disputes.
The drilling could dramatically change the fortunes of the two nations if predictions about the abundance of oil and natural gas deposits prove true.
Final [...]
Universal Energy Resources, Inc. (the “Company”) announced today updated drilling operations through April 17th, 2007. The Company is a private venture formed by the principals of Grifco International, Inc. (Pink Sheets:GFCI - News) to take advantage of oil and gas production opportunities including 208 drill sites in Crockett County, Texas without risking and/or otherwise encumbering [...]
Universal Energy Resources, Inc. (the “Company”) announced updated drilling operations through Thursday, March 01. The Company is a private venture formed by the principals of Grifco International, Inc. (Pink Sheets:GFCI - News) to take advantage of oil and gas production opportunities including 208 drill sites in Crockett County, Texas without risking and/or otherwise encumbering the [...]
Energy companies are scrambling for drilling rights in north-central Alabama, where geologists have discovered a natural gas formation with the potential to rival any in the country.
Drillers have bought gas rights on 500,000 acres in and around St. Clair County during the past two years, paying up to $500 an acre plus a share of [...]
Shares in Husky Energy Inc. jumped more than 5 percent after the Canada’s No. 4 oil producer and refiner said it found what may be a massive natural gas field in the South China Sea.
Husky, which is majority-owned by interests controlled by Hong Kong tycoon Li Ka-shing, said late Wednesday a well it drilled with [...]
Canada’s Husky Energy Inc has discovered a significant deepwater gas reserve with its Chinese partner, China National Offshore Oil Corp (CNOOC), in the South China Sea near Hong Kong.
Based on preliminary analysis of drilling results, the discovery could contain a potential recoverable resource of four to six trillion cubic feet (120 billion to 180 billion [...]
