BPZ Resources, Inc. announced the spudding of the CX11-15D well in the Corvina field in the Company’s offshore Block Z-1 in northwest Peru.
The 15D will target the known oil and gas sands in an up dip position with the main objective of proving up a portion of the probable oil and gas reserves and giving [...]
Royal Energy Resources, Inc. announce that the Company now owns a 3% overriding royalty interest in Niobara County, Wyoming. The overriding royalty interest encompasses over 80 mineral acres, and the oil and gas production will be developed by Black Diamond Minerals, LLC, a Denver Colorado based company.
“The field in Niobara County, Wyoming marks our fourth [...]
Lighthouse Petroleum, Inc. announce the acquisition of a 25% working interest in G2 Petroleum LLC’s Diamond Springs Prospect, located within the prolific Wind River Basin. The Diamond Springs Prospect comprises 3,300 gross acres of prospective oil and natural gas property in Fremont County, Wyoming. Independent geologic work has concluded that the property has the potential [...]
Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil.
Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil [...]
Carrizo Oil & Gas, Inc. and Avista Capital Partners announced that they have entered into a joint venture to pursue growth opportunities in the Marcellus Shale. Under the terms of the agreement, Carrizo and Avista have each committed to contribute up to $150 million in cash and properties to acquire and develop acreage in the [...]
Phillip Ware, President and Chief Executive Officer of Coastal Caribbean Oils & Minerals, Ltd. , announced today that the Company’s wholly owned subsidiary, Coastal Petroleum Company, and Western Standard Energy Corp. are continuing completion efforts on the shallow gas prospect well drilled last year on Coastal’s Valley County, Montana Leases. The Company also announced the [...]
Zoro Mining Corp. announce that it has entered into an agreement with Michael H. Kobler for potential project joint venture participation by Kobler in Zoro’s Escondida precious metals project located south of the port city of Caldera, approximately 60 km from Copiapo in Chile Region III. The agreement grants Kobler an exclusive 3 month period [...]
Mexco Energy Corporation announced it has purchased from Corlena Oil Company, its Carpenter #1 well. Said well is 1.6 miles west-northwest of the Company’s Mexco Steelhead #1 well in Loving County.
Nicholas C. Taylor, President and CEO of Mexco Energy Corporation, said, “The purchase of this leasehold furthers the Company’s ongoing efforts to acquire oil and [...]
Swift Energy Company reported that an initial airplane fly-over of our coastal Louisiana properties is currently being coordinated to assess the impact of Hurricane Gustav. As previously announced on Thursday, Swift Energy began implementing standard shut-down procedures in its coastal Louisiana properties due to weather risks from then approaching Tropical Storm Gustav. With the subsequent [...]
Frontera Resources Corporation, an independent oil and gas exploration and production company, today announced an update of operations at its Shallow Fields Production Unit, Block 12, Georgia.
Development drilling operations at the Mtsare Khevi Field have continued to progress since the completion of a multi-well workover program during the second quarter of 2008. Production results from [...]
