oil and gas operations

Results 1 - 10 of about 28 news for the tag: oil and gas operations.

Synergy Resources Corporation and Brishlin Resources Announce Merger

September 11th, 2008

On September 10, 2008 Brishlin Resources, Inc. acquired approximately 89% of the outstanding shares of Synergy Resources Corporation in exchange for 8,902,500 shares of its common stock and 1,042,500 Series A warrants.
Following the acquisition of Synergy, Ed Holloway, William E. Scaff, Jr., Benjamin Barton and Rick Wilber were appointed to Brishlin’s Board of Directors. Ed [...]

TransAtlantic Petroleum Corp. Announces Change in Strategy and Capital Infusion

August 28th, 2008

TransAtlantic Petroleum Corp. announced that it is changing its operating strategy from a prospect generator to a vertically integrated project developer. To execute this new strategy, the Company has agreed in principle to acquire Longe Energy Limited (”Longe”), an entity associated with the Company’s Chairman, N. Malone Mitchell 3rd, in conjunction with a private placement [...]

TXCO Resources Reports Strong Pearsall Well Flows

August 7th, 2008

TXCO Resources Inc. provided initial test results on its Myers 2-683H well targeting the Maverick Basin’s Pearsall shale gas resource play.
Following completion of a five-stage fracture stimulation, the well (100 percent working interest through completion) flowed an average of approximately 3.5 million cubic feet of gas per day and 2,500 barrels per day of frac [...]

Wescorp’s Flowstar Technologies Launches Proprietary IFMWorks Web-based Hosting Solution

July 10th, 2008

Wescorp Energy Inc., an oil and gas technology solutions provider, is pleased to announce that Flowstar Technologies, a wholly-owned subsidiary, has launched its proprietary IFMWorks web-enabled hosting solution. IFMWorks system is designed to be used in a wide range of flow measurement and production data applications. It has the ability to collect data from remote [...]

Striker Oil & Gas Continues Revenue Growth Strategy

June 14th, 2008

Striker Oil & Gas, Inc. (OTCBB:SOIS) continues to build upon the investments made in 2007 for acquiring and developing new properties. We have experienced an increase in oil and gas production and reserves year to year from 2007 to 2008. We continue to implement our drilling program during 2008 as we continue our strategy to [...]

PetroSun BioFuels Announces Transaction With Icon Drilling

May 13th, 2007

PetroSun, Incorporated is pleased to announce that its wholly owned subsidiary, PetroSun BioFuels Australasia, has entered into a Letter of Intent with Icon Drilling of Brisbane, Australia. The purpose of the transaction is to create a publicly traded alternative fuel company in Australia. Icon Drilling is a wholly owned subsidiary of Icon Energy that is [...]

PetroSun BioFuels Announces Transaction With Icon Drilling

May 11th, 2007

PetroSun, Incorporated is pleased to announce that its wholly owned subsidiary, PetroSun BioFuels Australasia, has entered into a Letter of Intent with Icon Drilling of Brisbane, Australia. The purpose of the transaction is to create a publicly traded alternative fuel company in Australia. Icon Drilling is a wholly owned subsidiary of Icon Energy that [...]

Oil and gas drilling in Southwest Indiana at a 15-year peak

April 28th, 2007

Indiana State officials say Southwest Indiana is experiencing a boom in oil and gas exploration, with a peak number of wells drilled over the past 15 years.
The Indiana Department of Natural Resources Division of Oil and Gas released a report earlier this week that says oil and gas wells are being drilled in Indiana “At [...]

Rolland Energy to sell Technology Division for $1.4 million

April 27th, 2007

Looking to focus on its oil and gas operations, Rolland Energy Inc. is to sell its Technology Division Assets for $1.4 million cash to a private Canadian corporation (the “Purchaser”). In addition, the Purchaser is to assume and takeover all the existing client, supplier and employment contracts of the Technology Division, including any obligations associated [...]

Lawmakers consider drilling’s health impacts

March 10th, 2007

DENVER - Deb Meader said she never considered the potential health impacts when gas drilling rigs started springing up around Parachute.
Over the past 10 years, she said, she has suffered weakness, nauseous and burning eyes, and her granddaughter was born with congenital defects.
Two of her friends with a well in their back yard died of [...]


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