Orbit Petroleum announces that effective October 20th, 2008 the Board of Directors has named Mike Myers as President of Orbit Petroleum, Inc. and President of the Company’s wholly owned subsidiary, Orbit Petroleum, Inc., Oklahoma, which is currently under a petition for reorganization under Chapter 11 of the United States Bankruptcy Code in Federal Court in [...]

Six nominees to the Colorado Oil and Gas Conservation Commission, including a Garfield County representative, were confirmed by a Senate committee on Tuesday, despite protests from Republicans that they weren’t given enough information on their views.
The six were nominated by Gov. Bill Ritter after lawmakers expanded and revamped the commission to make it more responsive [...]

Foothills Resources, Inc. announced that commercial production has started from the Foothills California Vicenus 1-3 well in the Grizzly Bluff natural gas field in Humboldt County, California. The well was placed on production on January 15, 2007 and has been producing at daily rates between 30,000 and 180,000 cubic feet of gas and 20 barrels [...]

Foothills Resources, Inc. announced that it had commenced the acquisition of a 3D seismic survey over the Grizzly Bluff natural gas field in the Eel River Basin, Humboldt County, California.
Data acquisition started on January 9th and is expected to be completed in approximately ten days. An area of about 13 square miles is being [...]

Pegasus Oil & Gas Inc. (formerly NDT Energy Ltd.) (”Pegasus” or the “Company”) announced today that the previously announced Reorganization of the Company by way of a Plan of Arrangement (the “Arrangement”) became effective on June 23, 2006.
Pursuant to the Reorganization, former holders of common shares of NDT Energy Inc. (”NDT”) received, for each outstanding [...]