Southern Star Energy Inc., a fast-growing exploration and production company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its A.S. Burt 20-1 Well with positive results. The well reached planned intermediate pipe depth of 9,530 feet on November [...]

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent [...]

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the Company experienced no interruptions in field operations, production, or drilling operations during or following the passage of Hurricane Gustav and Hurricane Ike. The Company experienced no damage to field equipment, and there were no [...]

Universal Energy Corp., a growth oriented U.S. oil and gas exploration and production company, announced today that a world renowned processing and development services provider has been selected to reprocess the proprietary seismic data at the Company’s Lone Oak prospect. The processing techniques will take four to six weeks to complete and will provide the [...]

Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today that gas and oil production quantities increased for the seventh consecutive month in July 2008. July 2008 production increased 83 percent over the first month of the second quarter 2008 which was also a 52 percent increase over the average [...]

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the successful drill of the Cash Point 30-1 Well, which reached planned total depth (TD) of 9,500 feet on August 27, 2008. This well is located in the southern section of the company’s Sentell Field [...]

Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today that gas production has continued increasing at both Caviar #1 and Caviar #4 since initial production began in July.
“We will continue to open up the wells and increase flow as we work them into their final production levels,” commented Billy [...]

Universal Energy Corp. is reported to have announced to the public that today the first test well at Lone Oak was not found to contain enough hydrocarbons for commercial production at this time. “Lone Oak #1 was the first of a four well package and we have already begun preparations to drill the second well,” [...]

a fast-growing E&P company with reserves and production from leases located in northern Louisiana, Southern Star Energy Inc, published a report saying that it closed on a $25 million Senior First Lien Secured Revolving Credit Agreement (Revolver) with Macquarie Bank Limited. Proceeds from this facility will be used to fund the development of Southern Star’s [...]

An emerging U.S oil and gas exploration and production company, Universal Energy Corp, published an update on drilling operations at its lone oak prospect in Galveston Bay, Texas. As of this morning, drilling at Lone Oak has reached a measured depth of 11,975 feet. Drilling is scheduled to be complete later this week to the [...]