Flint Energy Services Ltd. announced that the Company has been awarded two contracts to provide fluid hauling and pressure and vacuum services to two major oil producers in Northeast Alberta valued at $125 million (Canadian dollars) over the next five years.
The first, a five year contract, worth an estimated C$15 million annually, is with an [...]

Continental Energy Corporation announced that it has acquired an interest in a new production sharing contract in Indonesia.
Pursuant to a joint bid agreement with Adelphi Energy Limited and GeoPetro Resources Company, the group’s joint venture company, ACG (South Bengara-II) Pte. Ltd., signed a new PSC for the South Bengara-II block. Continental’s wholly [...]

Freedom Financial Holdings, Inc. CEO Brian Kistler announced that the company has completed the first field Research project for Curton Capital Corporation.
“Unlike the ‘Heavy Oil’ located in Southwest Missouri, the oil in Shale is quite light with a gravity over 40. However, getting the oil to flow from Shale has presented some unique challenges as [...]

Oil Purification Systems, the leader in fluid cleaning technology, today announced the formation of a new Oil and Gas Business Unit, and the appointment of Steve Carroll as president of the group. The newly formed business unit was established to provide additional support for OPS’ current and prospective customers in the oil and gas industry.
Carroll [...]

Michael Baker Corporation provided the following response to the Chapter 11 bankruptcy filing of one of its Energy segment’s managed services clients, Storm Cat Energy (USA).
“As indicated in Michael Baker Corporation’s Form 10-Q for the quarter ended September 30, 2008, which was filed with the Securities and Exchange Commission on the morning of November 10, [...]

Mammoth Energy Group, Inc. announced the results from the first well in its 8 well project located near the Arkansas River in Pawnee County, Oklahoma. This first well was drilled to a depth of 1688′ and had commercially viable amounts of oil in the Layton from 1542′ to 1551′. The well was acidized and treated [...]

Det norske oljeselskap ASA (OSE:DETNOR) reported operating revenues in Q3 2008 in the amount of MNOK 102.2, as compared to MNOK 19.4 in the same quarter in 2007. The operating loss amounted to MNOK 108.3. The net income in the period was MNOK 5.6. In the corresponding quarter last year, the company reported an operating [...]

Epsilon Energy Ltd., announced that it had purchased 1,000,000 of its Common Shares through a combination of open market and block trades at an average cost of $0.83 per Common Share between October 1, 2008 and November 7, 2008. Under terms of the Normal Course Issuer Bid approved by the Toronto Stock Exchange (”TSX”) on [...]

Western Standard Energy Corp., an oil and gas exploration company, announced that it has entered into an agreement with East Dickinson Oil and Gas Co. to acquire a package of ten State of North Dakota oil & gas exploration leases in and around Dickinson, North Dakota. Western Standard has also acquired one State of North [...]

Miller Petroleum, Inc. announced that it had finalized a drilling contract with Atlas Energy Resources, LLC. This is a two year agreement that will utilize two Miller drilling rigs operating in the East Tennessee area of the Appalachian Basin.
Miller CEO Scott M. Boruff commented that, “This contract solidifies our relationship with Atlas who is one [...]