Emerald Bay Energy Inc. reported on recent drilling activities in Central Alberta. Drilling operations have now been completed at Dorenlee, Alberta (Township 43, Range 20 W4). The Company drilled three wells in succession at Dorenlee, targeting the Edmonton Sand, Horseshoe Canyon, Belly River, and Basal Belly River formations. Emerald Bay is the Operator as well [...]

Manas Petroleum Corp., a Baar, Switzerland based company, today announces its wholly owned subsidiary, DWM Petroleum AG, has signed a Production Sharing Contract (PSC) for Blocks 2 and 3 in Albania. The blocks cover approximately 3,400 km2 (approximately 850,000 acres). The Albanian government was represented by Mr. Genc Ruli the Minister of Economy, Trade and [...]

Emerald Bay Energy Inc. reported on recent drilling activities in Central Alberta.
Joffre, Alberta
At Joffre, the Company has drilled, cased and cemented its previously announced, 650 metre Horseshoe Canyon CBM well at Township 39, Range 25 W4. Cased-hole logging, perforation, stimulation, and testing operations are expected to begin within the next three weeks.
Lacombe, Alberta
At Lacombe, Township [...]

Emerald Bay Energy Inc. reported on recent drilling activities in Central Alberta.
Drilling operations have commenced at Chigwell, Alberta (Township 42, Range 25 W4), and will take about nine days to drill to an approximate depth of 1600 metres. Zones of interest will be the Edmonton Sand, Horseshoe Canyon, Belly River, Viking, Glauconitic, and Ellerslie. Emerald [...]

The Energy Resources Conservation Board of Alberta (ERCB) has just approved two well license applications at Dorenlee (43-20 W4), which now allows the Company to initiate its fourth quarter drilling program in Central Alberta. The Company confirms that it has secured the necessary drilling rig and anticipates it being on location shortly (on or about [...]

Shell has taken steps to notify current and former US employees of a misuse of some employee data. Shell discovered that four of its employees’ social security numbers were used to file false unemployment compensation claims with the Texas Workforce Commission (TWC). Shell’s investigation has led it to believe that an employee of a third-party [...]

Devon Energy Corporation announced today that it has received regulatory approval for the company’s second oil sands project in Canada. Construction of the 100 percent Devon-owned Jackfish 2 project will begin immediately.
Once fully operational in 2012, Jackfish 2 will produce about 35,000 barrels of oil per day through a recovery method known as Steam Assisted [...]

Shell Oil Company proudly announced that it has earned the top rating of 100 percent in the 2009 Corporate Equality Index (CEI), an annual survey administered by the Human Rights Campaign Foundation. Shell joins the ranks of 259 other major U.S. businesses that get top marks for their treatment of lesbian, gay, bisexual, and transgender [...]

Manas Petroleum Corporation announces that its wholly owned subsidiary DWM Petroleum AG has entered into a Letter Agreement for the Phase 2 Work Period on August 19, 2008.
DWM Petroleum AG has agreed to permit Santos to commence the Phase 2 Work Program prior to the end of the Phase 1 Work Period.
If Santos does not [...]

Allied Resources, Inc., an independent oil and gas producer, posted record financial results for the first half of 2008 due primarily to an increase in oil revenues.
Oil and gas revenues for the first six months of 2008 increased 78% to $693,152 from $390,292 for the comparative period in 2007. Income, before provision for income taxes, [...]