The agreement signed with note holders, JED oil Inc, reported it to the press. the company has signed an Engagement Agreement with CB Securities Inc. (“CB Securities”) of Calgary to market JED’s northern Alberta oil and gas assets in the Steen River area of northern Alberta. The properties offered for sale produce approximately 1,400 [...]

Mainland Resources, Inc., a Nevada corporation has appointed Ernest G. Sorochan, P. Eng. as a Director of the Board effective July 17, 2008.
Ernest G. Sorochan is a Professional Engineer with a long history of project management, engineering oversight, economic evaluation and operational experience working for international oil and gas companies.
Mr. Sorochan has built a professional [...]

JED Oil Inc. (AMEX: JDO ) (“JED” or the “Company”) today announced that it signed a Term Sheet with the holders of its $40.24 million principal amount of 10% Senior Subordinated Convertible Notes (“Notes”) for the redemption of the Notes by September 30, 2008. The Term Sheet is attached to a Note Amending Agreement with [...]

Striker Oil & Gas, Inc. (OTCBB:SOIS) continues to build upon the investments made in 2007 for acquiring and developing new properties. We have experienced an increase in oil and gas production and reserves year to year from 2007 to 2008. We continue to implement our drilling program during 2008 as we continue our strategy to [...]

Western Standard Energy Corp., an oil and gas exploration company, is pleased to announce it has signed a Letter of Intent (‘LOI’) with Oil for America (‘OFA’) to option and acquire up to four additional Bakken and Lodgepole prospects on 1,280 acres in Stark County, North Dakota.
Depth of the Bakken objective in the area is [...]

Hawk Uranium Inc. is pleased to announce that Geotech Ltd., of Aurora, Ontario has commenced a 2,000 km helicopter-borne Time Domain Electromagnetic Geophysical Survey with a VTEM system over Hawk’s wholly owned Cluff Lake Uranium Project in Northern Saskatchewan. Geotech Ltd. has advised Hawk that it expects to complete this survey by the end of [...]

West Canyon Energy Corp., a Houston-based energy exploration and production company focused on high impact energy prospects in the continental United States, announced today that it has signed a Letter of Intent to acquire one-hundred percent (100%) working interest, in the Spring Creek Prospect.
On March 25, 2008 we entered into a letter of intent [...]

Parallel Petroleum Corporation has announced its estimated second quarter 2007 production, work-in-progress well operations, a change in its method of recognizing proved undeveloped (PUD) reserves related to its horizontal drilling gas projects and revised proved reserves as of March 31, 2007.
Estimated Second Quarter 2007 Production
Parallel’s estimated net daily production for the second quarter ended June [...]

Tyche Energy Corporation is pleased to report that as a result of its successful bid for the outstanding shares of Tyche Energy Inc., it has acquired varying working and royalty interests in producing and non-producing oil and gas properties located in southwestern Ontario and northeastern B.C.
Producing lands acquired include an 85% operated WI in [...]

Consolidated Oil & Gas, Inc., a publicly traded Energy and Exploration Oil & Natural Gas company, is pleased to announce they have entered into a contract to purchase existing oil production in the Taylor-Ina Field in Medina County, Texas. Existing production ranges from 240 to 270 barrels per month from approximately 14 well bores.
Consolidated plans [...]