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 [...]

Oil prices finished about where they began, after jumping more than $2 earlier on reports of lower U.S. oil stockpiles and an Iranian missile test.
Light, sweet crude for August delivery rose a penny to settle at $136.05 a barrel on the New York Mercantile Exchange, but prices shifted between positive and negative territory as traders [...]

Pluris Energy Group Inc. is pleased to announce that on July 4, 2008, the Company’s wholly owned Argentine subsidiary, Pluris Sarmiento Petroleo SA executed a definitive Purchase and Sale Agreement (the “Agreement”) with Clear S.R.L. of Comodoro Rivadavia, Argentina (”Clear”) to purchase a 75% operating interest in the Cerro Negro concession, Chubut Province, Argentina.
The Agreement [...]

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 [...]

Franklin Mining, Inc. Chairman and President, William A. Petty, is pleased to announce that a letter of agreement has been signed with Synfuels International, Inc., Dallas, TX. Mr. Petty and Mr. Ben R. Weber, Jr, CEO and Chairman of Synfuels, yesterday reached an agreement addressing the environment and steps to be taken prior to finalizing [...]

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 [...]

Plains Exploration & Production Company announces the dates and times of two upcoming events at which members of management will address the investment community:
– PXP will release second quarter 2008 results on Wednesday, August 6, 2008 before the market opens and will host its quarterly conference call that morning at 8:00 a.m. Central time.
Investors [...]

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 [...]

El Paso Corporation announced an expansion of the Colorado Interstate Gas Company (CIG) natural gas pipeline transmission system that serves the Raton Basin. CIG’s Raton Expansion will provide approximately 130 million cubic feet per day (MMcf/d) of incremental firm capacity from the Las Animas County, Colo., area of the growing Raton Basin northward along the [...]

ONEOK, Inc.’s three distribution companies, Kansas Gas Service, Texas Gas Service and Oklahoma Natural Gas, have been recognized as top performers by the American Gas Association in the area of emergency response.
This recognition is part of AGA’s 2008 Operations Best Practices Benchmarking Program, which is considered to be one of AGA’s most valuable programs.
“We are [...]