ATP Oil & Gas Corporation and its wholly owned subsidiary ATP Oil & Gas (UK) Limited announced that it has entered into a sale and purchase agreement for £265 million or approximately $430 million with EDF Production UK Limited (“EDF”), a subsidiary of EDF International of France, for certain of ATP’s UK assets in the [...]

Allied Energy, Inc. provided the following report regarding its drilling, completion and production operations in Rogers County, Oklahoma for the following programs:
12-Well Program (USCBM)
The Begley #12-3 and Begley #12-4 wells are now in production with the Noble Brewer #12-1 and Noble Brewer #12-2 wells in the final stages of completion. Artificial lift systems are currently [...]

Coastal Media announced several actions it has recently taken including changing its name to Blugrass Energy Inc. and changing its stock symbol to (OTCBB:BLUG). Blugrass also announced the appointment of Leslie Schaefer as President and Director and Grace Sutherin as Chief Administrative Officer.
Blugrass Energy corporate offices will be located in Lexington, Kentucky. Blugrass Energy is [...]

Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, [...]

Allied Energy, Inc. announced today that it has begun drilling its 2nd location in Pawnee County, Oklahoma.
“We expect to reach total depth for the #8-9 Foust in the next couple of days and are confident in the results we have seen thus far in Pawnee County,” said Allied’s President, Steve Stengell.
“Given the present and future [...]

Allied Energy, Inc. announced today that it has drilled the Foust #7-9 well located in Pawnee County, Oklahoma to a total depth of 3,000 +/- feet and encountered oil and/or gas shows in at least five conventional reservoirs.
The Foust #7-9 is currently in the completion process and is anticipated to establish commercial oil production in [...]

Elixir Petroleum and Gawler Resources Limited have agreed to merge their businesses to create a balanced, diversified oil and gas exploration and production (’E&P’) company, listed on the ASX and AIM and capitalized at approximately A$35.0 million (£14.4 million) at today’s share prices. Elixir shareholders will represent 52% of the enlarged company and Gawler shareholders [...]

GREEN RIVER - An exploratory drilling project proposed in north Sublette County is drawing opposition from conservationists and others who say oil and gas development doesn’t belong within the Bridger-Teton National Forest’s Wyoming Range.
“If they drill these wells, it’ll be the beginning of the end for the Wyoming Range,” said Dan Smitherman, an outfitter with [...]

GREEN RIVER - A small exploratory drilling project proposed for the Wyoming Range in north Sublette County is spotlighting the conflict between energy development and preservation in western Wyoming.
Conservationists and others are objecting to the drilling project and say oil and gas development doesn’t belong within the Bridger-Teton National Forest’s Wyoming Range. They view [...]

JACKSON - The Jackson Hole Chamber of Commerce says it opposes oil and gas development in the Bridger-Teton National Forest.
The chamber on Wednesday wrote to forest Supervisor Kniffy Hamilton stating that energy development on forest lands would hurt recreation and the regional economy.
More than half of the 3.4 million acre forest is open to [...]