XTO Energy Inc. announced production results from wells drilled in multiple regions on its newly acquired property base. In the Bakken Shale play of North Dakota, the Company has now completed 5 wells with average production rates of 673 barrels of oil equivalent per day, primarily producing from the Middle Bakken shale section. In addition, [...]

Synergy Resources Corporation, a development-stage oil and gas exploration and production company, today announced that the Colorado Oil and Gas Conservation Commission had granted seven (7) drilling permits for wells included in leases for which Synergy has the option to purchase. The permits, granted on October 9, 2008, are for the Meyer prospect in Greeley, [...]

CREDO Petroleum Corporation reported that its financial condition is sound and that the company is well positioned to capitalize on opportunities that may arise due to recent events in the U.S. and world financial markets.
In July CREDO completed a $16,675,000 stock sale. Working capital is approximately $27,400,000, consisting primarily of cash and short term investments, [...]

Teton Energy Corporation and the other working interest owners at the Goliath Prospect (American Oil & Gas, Inc. (50%), Sundance Energy Australia Limited (5%) and privately held Evertson Energy Partners LLC (20%) have signed a participation agreement with Red Technology Alliance LLC (”RTA”), which gives RTA the option to fund 100% of the drilling, completion [...]

Zion Oil & Gas, Inc. of Dallas, Texas and Caesarea, Israel announced today that it and Aladdin Middle East have signed a drilling contract. Last week, Zion’s Chief Executive Officer, Richard Rinberg, and the President and Chief Operating Officer of Zion, Glen Perry, visited AME’s offices in Ankara, Turkey, in order to inspect AME’s rig [...]

Superior Well Services, Inc. announced that it entered into a definitive asset purchase agreement to acquire certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company. Pursuant to the terms of the agreement, Superior will acquire Diamondback’s pressure pumping, fluid logistics and completion, production and rental tools business lines for $270.0 million in cash, [...]

Frontier Oil Corporation announced today that its corporate headquarters in Houston, Texas are closed until further notice due to a loss of power suffered during Hurricane Ike. Frontier’s corporate function will continue from different locations. To reach a member of the Houston office, please contact Janet Hunter in Frontier’s Denver office at 303-714-0134.
Frontier operates a [...]

Atlas Pipeline Partners L.P. reported an update to its hedge positions for certain hydrocarbon volumes that it expects to generate in its Mid-Continent processing operations.
Based on current natural gas liquid (NGL) production, given recently added ethane and propane puts for the second half 2008 and full year 2009 periods, the total value of NGLs hedged [...]

On September 10, 2008 Brishlin Resources, Inc. acquired approximately 89% of the outstanding shares of Synergy Resources Corporation in exchange for 8,902,500 shares of its common stock and 1,042,500 Series A warrants.
Following the acquisition of Synergy, Ed Holloway, William E. Scaff, Jr., Benjamin Barton and Rick Wilber were appointed to Brishlin’s Board of Directors. Ed [...]

ONEOK Partners, L.P. announced plans to build a $70 million to $80 million natural gas liquids pipeline lateral, connecting the Denver-Julesburg Basin in northeastern Colorado with the Overland Pass Pipeline that is currently being constructed.
The 125-mile D-J Basin Lateral Pipeline is designed to transport as much as 55,000 barrels per day of raw natural gas [...]