Mainland Resources, Inc., a Nevada corporation reports that its JV Partner and operator has commenced drilling operations on the first JV well to evaluate potential of the Haynesville Shale gas formation on Mainland’s Louisiana leases.
Mainland Resources, Inc. holds interest in approximately 2,695 net acres, which form part of the East Holly Field in DeSoto Parish, [...]

Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, [...]

Mainland Resources, Inc., a Nevada corporation has signed a Letter Agreement to acquire 5000 net acres in Mississippi where the Company plans to drill the first test well to evaluate the potential Haynesville Shale gas formation in the region.
Under the terms of the Letter Agreement, Mainland Resources, Inc. will acquire 100% Working Interest and 75% [...]

Evolution Petroleum Corporation reported record production for the fiscal fourth quarter and year ended June 30, 2008 (”Q4 08″ and “FY 08″).
Sales volumes for Q4 08 were 18,237 barrels of oil and natural gas liquids (”BO”) and 53 million cubic feet of natural gas (”MMCF”), or 27,095 barrels of oil equivalent (”BOE”). This is an [...]

Gastar Exploration Ltd.’s neighborhood’s beautiful day, The post-person delivers, dogs bark, the sun sparkles and the coal beds are full of methane. Not only that, the next-door neighbors find a fortune under their backyard patio. Like the realtors say: location, location, location.
Gastar, a natural gas explorer and producer operating onshore in the United States and [...]

Mainland Resources, Inc., a Nevada corporation has appointed Ernest G. Sorochan, P. Eng. as a Director of the Board effective July 17, 2008.
Ernest G. Sorochan is a Professional Engineer with a long history of project management, engineering oversight, economic evaluation and operational experience working for international oil and gas companies.
Mr. Sorochan has built a professional [...]

Kazakhstan banned the export of all refined oil products, as the energy-rich Central Asian nation grapples with soaring fuel costs.
The announcement, made by Prime Minister Karim Masimov at a government meeting, comes just days after opposition parties called on his government to resign amid what they call a worsening economic climate.
Kazakhstan has huge oil and [...]

North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.
A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency’s 1995 estimate of 151 million barrels [...]

Saudi Arabia’s Western Way For Industrial Development yesterday said it had signed three agreements with Gerald Metals of the US to help it develop an estimated $4bn aluminum complex on the country’s Red Sea coast.
Under the agreements, Connecticut-based Gerald and its affiliates will supply bauxite to Western Way’s aluminum refinery and offtake all aluminium produced [...]

Consolidated Oil & Gas, Inc., a publicly traded Energy and Exploration Oil & Natural Gas company, is pleased to announce they have entered into a contract to purchase existing oil production in the Taylor-Ina Field in Medina County, Texas. Existing production ranges from 240 to 270 barrels per month from approximately 14 well bores.
Consolidated plans [...]