Ecosphere Technologies, Inc., a diversified water engineering and services company, announces today it has signed a water recycling services contract with Newfield Exploration Mid-Continent. Newfield Exploration is an independent crude oil and natural gas exploration and production company and a subsidiary of Newfield Exploration Co. Ecosphere and Newfield had previously entered into a three month [...]

Gastar Exploration Ltd. together with joint venture partner Eastern Star Gas announced the results from the latest exploratory corehole drilled on license PEL 238 located in New South Wales, Australia.
The Edgeroi-1 corehole was drilled approximately 26 miles north of the existing Bibbliwindi and Dewhurst areas and intersected a total of more than 70 feet of [...]

Miller Petroleum, Inc. announced that it had finalized a drilling contract with Atlas Energy Resources, LLC. This is a two year agreement that will utilize two Miller drilling rigs operating in the East Tennessee area of the Appalachian Basin.
Miller CEO Scott M. Boruff commented that, “This contract solidifies our relationship with Atlas who is one [...]

United Reef Limited announce that it has been provided with a report from General Reef Corporation updating GRC’s recent drilling activity and other corporate matters. United Reef owns a 40% equity interest in GRC. GRC has a farmin and option agreement with EnCana Oil & Gas Partnership for certain farmin rights on 40.6 sections (25,000 [...]

WSP Holdings Limited, a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (”Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, today announced that it established a new wholly-owned subsidiary, Bazhou Seamless Oil Pipes Company [...]

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, [...]

South Texas Oil Company provided an interim operations update and asset overview. With the appointment of new management in late June 2008, the Company has clearly defined its core operating areas and plans for growing production and reserves.
Overview
South Texas Oil is an independent oil and natural gas exploration and production company with three core operating [...]

FieldPoint Petroleum Corporation announced that on October 6, 2008, its Board of Directors authorized the Company to repurchase shares of its Common Stock at an aggregate cost not to exceed $150,000. Stock purchases may be made in open market or privately-negotiated transactions, if and when management determines to effect purchases. Repurchases shall occur subject to [...]

Toro Ventures, Inc. reports that the third shipment of oil has been shipped to the oil purchaser from its Crown lease. The Crown 1 & 3 wells have been producing with no down time. The Company has installed all pipes for the gas discovery on the Crown # 3 well. Interfin Gas Gathering Corporation has [...]

Bow Valley Energy Ltd. announce that the Chestnut field in the U.K. North Sea commenced oil production on September 20, 2008. Bow Valley Petroleum (UK) Limited, a wholly-owned subsidiary of Bow Valley Energy Ltd., owns a 15.125% working interest in Block 22/2a which contains the Chestnut field.
The Chestnut field is located approximately 180 miles east [...]