Latest Energy News
Leed Petroleum Wins Bid In MMS Lease Sale
Leed Petroleum, an oil and gas exploration and production company focused on the Gulf of Mexico, has been confirmed as successful bidder in the Central Gulf of Mexico Minerals Management Services (MMS) lease sale 213.
Published: 18-Mar-2010
Delta Signs LOI To Sell Interest In Vega Area Assets
Delta Petroleum (Delta), an oil and gas exploration and development company, has entered into a non-binding letter of intent (LOI) with Opon International to sell a 37.5% non-operated working interest in its Vega area assets located in the Piceance basin for total consideration of $400m.
Published: 18-Mar-2010
Petrominerales To Case Candelilla-3 Well
Petrominerales, a 66% owned subsidiary of Petrobank Energy and Resources, has decided to case Candelilla-3 as a potential oil well. Candelilla-3 is the third well drilled into the company's discovery, Candelilla, on its Guatiquia block.
Published: 18-Mar-2010
Aminex Identifies Potential Oil, Gas Bearing Intervals At Shoats Creek
Aminex, a London-based upstream oil and gas company, has reported that the Olympia Minerals-1 well (OM-1) at Shoats Creek, Louisiana has reached total measured depth (MD) of 9,508ft. Wireline logs have identified several potential oil and gas bearing intervals in Cockfield sands between 8,200ft and 9,335ft.
Published: 17-Mar-2010
Signature Provides Update On Illinois Reef Prospect
Signature Exploration and Production has provided an update on the progress of its 25% working interest in ten off set wells located in Fayette and Macon counties of Illinois (the Illinois Reef prospect). The operator is in the process of completing the lease and expects to begin drilling in the third quarter of 2010.
Published: 16-Mar-2010
International Energy Merges With Standard Oil
International Energy has merged with Standard Oil Company USA (Standard Oil) of Dallas, Texas. The new corporate name will become Standard Oil Company USA with corporate offices located at 5430 Linden B Johnson, Suite 1200, Dallas, TX 75240.
Published: 16-Mar-2010
GeoPark Drills New Discovery Oil Well On Guanaco Prospect In Chile
GeoPark, a Latin American oil and gas exploration and production company, has revealed drilling and testing of a new discovery oil well on the Guanaco prospect at the Fell block in Chile. The company has a 100% working interest in the block.
Published: 16-Mar-2010
MDU Subsidiary Acquires Acreage In Bakken, Niobrara Formations
Fidelity Exploration & Production, a wholly-owned natural gas and oil production subsidiary of MDU Resources, has acquired additional leasehold interests in the Bakken area of western North Dakota and the oil shale play in the Niobrara formation in southeastern Wyoming and north-central Colorado.
Published: 16-Mar-2010
Wilon Resources Reaches Final Stage Of Preparation For Natural Gas Delivery
Wilon Resources, an energy exploration company with operations in the Appalachian Basin, has said that it is in the final stages of preparation for delivery of natural gas. The company has scheduled all projects to be completed and final inspections for the week of March 15, 2010 in anticipation of delivery.
Published: 16-Mar-2010
MDU Subsidiary To Acquire Natural Gas Properties Of Green River Basin
Fidelity Exploration & Production, the wholly owned natural gas and oil production subsidiary of MDU Resources, has signed a purchase and sale agreement to acquire producing natural gas properties located in the Green River Basin in Sweetwater and Carbon counties in southwest Wyoming.
Published: 16-Mar-2010
