gas reserves

Results 1 - 10 of about 114 news for the tag: gas reserves.

New Frontier Energy, Inc. Completes Testing Federal 12-1 Well at Focus Ranch Unit

October 27th, 2008

New Frontier Energy, Inc., a natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States, today announced that it has finished preliminary testing of the Federal 12-1 well at the Focus Ranch Unit.
“We are pleased with the initial results for the Federal 12-1 well, and we [...]

Stealth Continues to Grow Shale Gas Production and Signs Farm-in Agreement for Nova Scotia Coal Bed Methane Properties

October 22nd, 2008

Stealth Ventures Ltd. announce an increase in gas production from that reported previously, primarily due to tie-in operations on its current 70 well program at Wildmere, Alberta. Since the inception of the play in early 2006 Stealth has progressed from a conceptual technology play to a commercial producing asset, and production growth is now the [...]

BPZ Energy Announces Senior Debt Funding of $15 Million from IFC

October 20th, 2008

BPZ Resources, Inc. announced it has received funding of the $15 million tranche of senior debt with the International Finance Corporation (IFC).
The IFC $15 million facility is the first tranche of two credit facilities totaling $215 million. As previously announced, Natixis, a French bank, has received credit committee approval to lead the second tranche [...]

BPZ Energy Announces Senior Debt Funding of $15 Million from IFC

October 20th, 2008

BPZ Resources, Inc. announced it has received funding of the $15 million tranche of senior debt with the International Finance Corporation (IFC).
The IFC $15 million facility is the first tranche of two credit facilities totaling $215 million. As previously announced, Natixis, a French bank, has received credit committee approval to lead the second tranche of [...]

Stealth Shale Gas Operations Update: Hitting Budget and Production Targets

September 26th, 2008

Stealth Ventures Ltd. announce that its production is rapidly growing beyond its second quarter average of 236 BOE/D, primarily due to tie-in operations on its current 70 well program at Wildmere, Alberta. Since the inception of the play in early 2006 Stealth has progressed from a conceptual technology play to a commercial producing asset, and [...]

Arctic Oil & Gas Corp.: Government Officials Should Vote for Energy Prosperity, Not Energy Poverty

September 17th, 2008

Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, [...]

Global Deepwater Offshore Trends and Analysis: The Evolution and Current Status of Deepwater Offshore Oil and Gas Industry

August 18th, 2008

Research and Markets has announced the addition of the “Global Deepwater Offshore trends and Analysis” companyprofile to their offering.
Summary
Global Deepwater Offshore Report helps to understand the evolution and current status of deepwater offshore oil and gas industry, and its future direction. With most of the onshore regions reaching a peak in terms of reserves and [...]

New ‘Voyager’ Company to Explore Natural Gas Midstream Opportunities

August 7th, 2008

Tenaska Capital Management, LLC (TCM), has announced the formation of Voyager Midstream, LLC, a Houston-based company dedicated to developing, acquiring and managing midstream natural gas industry assets in a market where growth opportunities are increasing.
Voyager Midstream, staffed by a team of natural gas industry veterans, will focus nationwide on investments in the broad midstream sector [...]

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 [...]

Marathon Signs Agreement to Sell Interest in Heimdal Area Offshore Norway for $416 Million

July 9th, 2008

Marathon Oil Corporation announced that it has entered into a definitive agreement with Centrica plc, the parent company of British Gas, under which Centrica will purchase Marathon’s non-operated interests in the Heimdal infrastructure, related producing fields and associated undeveloped acreage offshore Norway. The transaction, which has a total value of $416 million and an [...]