Lighthouse Petroleum, Inc. announce the acquisition of a 25% working interest in G2 Petroleum LLC’s Diamond Springs Prospect, located within the prolific Wind River Basin. The Diamond Springs Prospect comprises 3,300 gross acres of prospective oil and natural gas property in Fremont County, Wyoming. Independent geologic work has concluded that the property has the potential [...]

Approach Resources Inc. reported that an estimated 17.3 million cubic feet equivalent per day of natural gas, net to the Company, was shut in from the Company’s Ozona Northeast field as of September 11, 2008. The shut-in was caused when Chevron Phillips Chemical Company’s natural gas liquids and fractionation facility at the Sweeny complex, located [...]

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 [...]

Enbridge Inc. and BP Pipelines Inc. announced they have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facilities and new pipeline construction where required.
The new delivery system is expected to be in service [...]

Swift Energy Company announced that it has signed an agreement to purchase from Crimson Energy Partners, L.P., a privately held company, oil and natural gas interests in Dimmit County in South Texas for $47 million. The interests in Crimson’s Briscoe “A” lease and wells are located on 5,140 acres adjacent to existing Swift Energy production [...]

Evolution Petroleum Corporation reported record production for the fiscal fourth quarter and year ended June 30, 2008 (”Q4 08″ and “FY 08″).
Sales volumes for Q4 08 were 18,237 barrels of oil and natural gas liquids (”BO”) and 53 million cubic feet of natural gas (”MMCF”), or 27,095 barrels of oil equivalent (”BOE”). This is an [...]

Louis Dreyfus Highbridge Energy LLC (LDH Energy), announced today that one of its operating subsidiaries, LDH Energy Cyrus River Terminal LLC, has purchased the Big Sandy River Dock – a coal facility in Kenova, West Virginia - from Kanawha River Terminals LLC.
“This facility will provide LDH Energy with a merchant platform to connect coal consumers [...]

Eagle Rock Energy Partners, L.P. announced that it has approximately a $6 million receivable from certain subsidiaries of SemGroup, L.P. (collectively “SemGroup”) related to its June sales of condensate. Last week, SemGroup filed petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code and accordingly, the Partnership’s receivable associated with its June sales of [...]

Whiting Petroleum Corporation has published a report to the media today that record second quarter 2008 net income of $80.4 million, or $1.90 per basic and diluted share, on total revenues of $345.8 million. This compares to second quarter 2007 net income of $26.5 million, or $0.72 per basic and diluted share, on total revenues [...]

The Hiland companies, Hiland Partners, LP told the press that The Board of Directors of Hiland Partners GP, LLC, the managing general partner of Hiland Partners, LP, today announced an increase in its cash distribution for the second quarter of 2008. The declared quarterly distributions on the Partnership’s common and subordinated units will increase to [...]