Mogul Energy International, Inc. announces that the company has commenced its drill program involving the Walpole properties located in southeastern Saskatchewan. Mogul Energy representative has confirmed that the first well has been spudded successfully. The first well is to be drilled to a total depth of 1100 meters testing the Torquay, Souris Valley and Bakken [...]
Veraz Petroleum Ltd. announce that it has partnered with Petrominerales Ltd., a 76% owned subsidiary of Petrobank Energy and Resources Ltd., a Colombian based exploration and development company to jointly explore the concession on which Veraz is currently conducting activities in the Ucayali Basin of east central Peru (”Block 126″).
Under the transaction, Petrominerales will pay [...]
Kodiak Oil & Gas Corp., an oil and gas exploration and production company with assets in the Green River Basin of southwest Wyoming and Colorado and the Williston Basin of North Dakota and Montana, today provided a Vermillion Basin production update and announced the pending completion of rig mobilization in its Bakken oil play.
Vermillion Basin [...]
Synergy Resources Corporation, a developmental stage oil and gas exploration and production company, today announced that it is scheduled to participate with a consortium of companies in a new oil and gas well. Participating with Synergy in this well are Kerr-McGee Oil & Gas Onshore LP and Petroleum Exploration & Management, LLC. The well is [...]
Mariner Energy, Inc. announced that drilling is complete on its Surge prospect, a deepwater exploratory well located on Garden Banks Block 334 in the Gulf of Mexico. The well was successfully drilled to a total depth of approximately 15,000 feet but failed to encounter hydrocarbons in commercial quantities and was plugged. Mariner operated the well [...]
Continental Energy Corporation announced that it has acquired an interest in a new production sharing contract in Indonesia.
Pursuant to a joint bid agreement with Adelphi Energy Limited and GeoPetro Resources Company, the group’s joint venture company, ACG (South Bengara-II) Pte. Ltd., signed a new PSC for the South Bengara-II block. Continental’s wholly [...]
Verenex Energy Inc. announce that it has submitted a Final Appraisal Report for the A1-47/02 Field to the Area 47 Management Committee which includes representatives of Verenex, Medco International Ventures Limited and the Libyan National Oil Corporation (”NOC”). The Report recommends that the field be declared commercial as a first step in advancing a 50,000 [...]
Western Standard Energy Corp., an oil and gas exploration company, announced that it has entered into an agreement with East Dickinson Oil and Gas Co. to acquire a package of ten State of North Dakota oil & gas exploration leases in and around Dickinson, North Dakota. Western Standard has also acquired one State of North [...]
Laredo Petroleum, a rapidly growing independent oil and gas company with headquarters in Tulsa, Oklahoma, today announced that it has closed a second round of equity financing of up to $300 million with Warburg Pincus LLC, the global private equity firm, along with Laredo Petroleum’s senior management team. Funding of this line of equity will [...]
Mogul Energy International, Inc. announced its plans to begin drilling on the exploration program involving the Walpole properties located in eastern Saskatchewan. Mogul has contracted the company CODECO to complete this drill program. Mogul Energy representative stated, “The licensing on the first drill location is complete and we expect the second drill location licensing process [...]
