Kodiak Oil & Gas Corp., an oil and gas exploration and production company with assets in the Green River Basin of southwest Wyoming and Colorado and the Williston Basin of North Dakota and Montana, today provided a Vermillion Basin production update and announced the pending completion of rig mobilization in its Bakken oil play.
Vermillion Basin [...]
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 [...]
Gastar Exploration Ltd. together with joint venture partner Eastern Star Gas announced the results from the latest exploratory corehole drilled on license PEL 238 located in New South Wales, Australia.
The Edgeroi-1 corehole was drilled approximately 26 miles north of the existing Bibbliwindi and Dewhurst areas and intersected a total of more than 70 feet of [...]
El Paso Corporation announced the California Public Utilities Commission (CPUC) has given final approval to Pacific Gas and Electric Company (PG&E) to proceed with an agreement announced last year to obtain 375,000 dekatherms per day of capacity on the Ruby Pipeline for the delivery of natural gas to PG&E’s gas and electric customers.
The unanimous CPUC [...]
U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]
Beacon Energy Corporation a wholly owned subsidiary of Beacon Redevelopment Industrial Corporation announced today that it has entered negotiations to acquire a 950 acre track of property with coal mining rights/reserves in Pennsylvania.
The company is very confident that current negotiations will result in the successful execution of a purchase agreement immediately with a closing to [...]
Evolving Gold Corp. announce that it has successfully graduated to the Tier 1 issuer level on the TSX Venture Exchange, effective Monday, November 3, 2008.
As defined in TSXV Policy 2.1, Tier 1 is the TSX Venture Exchange’s premier tier and is reserved for the most advanced listed companies with the most significant financial resources. [...]
XTO Energy Inc. announced production results from wells drilled in multiple regions on its newly acquired property base. In the Bakken Shale play of North Dakota, the Company has now completed 5 wells with average production rates of 673 barrels of oil equivalent per day, primarily producing from the Middle Bakken shale section. In addition, [...]
Storm Cat Energy Corporation reported that it failed to make its required quarterly interest payment when due on September 30, 2008, and such failure has continued for a period of 30 days, with respect to its Series A and Series B Subordinated Convertible Notes each due March 31, 2012. The failure of Storm Cat to [...]
FieldPoint Petroleum Corporation announced completion of a gas test well in South Texas. The well is flowing in the Middle Wilcox formation.
FieldPoint’s President and CEO, Ray D. Reaves said, ”FieldPoint and its industry partners are excited to have this successful completion on schedule. I believe the initial results support drilling a second well on this [...]
