Universal Power Corp. announced that further to its news releases dated June 24, 2008 and July 21, 2008 the transactions to acquire a 30% carried interest in Petroleum Exploration Licence (”EL”) 2815 off-shore Namibia and purchase an additional 70% of Kunene Energy (Pty) Ltd, (”Kunene Energy”) have now been completed.
Namibian Oil & Gas Assets
On February [...]
Mr. Arne Przybilla, President, Protec Industries Inc., announces that, following the signed agreements announced in last month’s news release, the Company has successfully arranged the financing for both Ukraine oil and gas projects. Protec has negotiated and signed a “Farm-Out” Joint-Venture (JV) Letter Agreement with Eurofund Capital Management Co. Ltd. and a high-profile 3rd party [...]
Gold Point Energy Corp. reported that it has commenced acquisition of a 130-mile 2D seismic survey in southern Ohio.
“The 2D seismic is the first step in evaluating potential exploration opportunities in this region. There are multiple objectives that produce gas, condensate and oil at shallow depths of 1,000 to 5,000 feet in this region. We [...]
Gold Point Energy Corp. reported today that it has engaged LO&G Consultants GmbH to perform a study of several Central European basins to identify potential for unconventional gas accumulations.
“Central Europe has multiple source and reservoir rocks that have potential for ‘unconventional gas resource’ plays. Compared with North America, the level of exploration activity is low [...]
EnDevCo, Inc., the Energy Development Company, announced today that preparations for the 2nd horizontal well at Short Junction Field have been completed. The drilling site for the upcoming WSJU #111 StH well has been prepared and is ready to accept the rig.
“There are multiple processes involved in preparing for a new well,” stated Chris A. [...]
On July 24, 2008, Access Energy Inc. announced that it intended to submit bids for all five of the oil sands exploratory permits covering approximately 810,000 acres that were posted for sale by the Province of Saskatchewan on May 29, 2008.
Yesterday, the Province of Saskatchewan announced that there were no successful bidders for these oil [...]
EnDevCo, Inc., the Energy Development Company, announce that it has executed an oil sale and purchase agreement with a major United States oil company. EnDevCo has agreed to sell and deliver crude oil and/or condensate produced from the Company’s Short Junction Field in Cleveland County, Oklahoma. Under the terms of the agreement, EnDevCo will receive [...]
Tri-Valley Corporation has published a report saying that the company has promoted three of its Tri-Valley Oil & Gas Co. subsidiary officers to support its expanding petroleum and mineral exploration and production projects. Joseph R. Kandle, former president and chief operating officer of Tri-Valley Oil & Gas Co., has been promoted to senior vice president [...]
An update on Oil and Gas Projects, Strategic Growth Initiatives and Key Future Milestones is provided by the company for other companies to refer and consult to. In addition to that publication, Rock Energy Resources, Inc’s management is going to host conference call and webcast.
Chairman and CEO of Rock Energy Resources Inc, Rocky Emeryan independent [...]
Sky Petroleum, an oil and gas exploration company, announces that it has named Michael D. Noonan, Vice President, Corporate, and a current member of the Board of Directors, as the company’s Caretaker Chief Executive Officer, replacing Brent D. Kinney, effective immediately. Noonan will act as the Principal Executive Officer for the Company on an [...]
