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ION Geophysical Acquires More Seismic Data in Danmarkshavn Basin

ION Geophysical Corporation (NYSE: IO) today announced that it has acquired 6,500 km of regional seismic data for sponsoring E&P clients in the Danmarkshavn basin offshore Northeast Greenland, adding to the 5,300 km of data the company acquired there last season.

15 Oct 2010

Oil States International to Acquire Shares of Australia-Based The MAC Services Group

Oil States International, Inc. (NYSE:OIS) announced today that its Board of Directors has unanimously approved a transaction under which Oil States will acquire all of the ordinary shares of The MAC Services Group Limited (ASX:MSL), a leading provider of remote accommodations for the natural resources industry in Australia.

15 Oct 2010

Shell Oil to Support Phase II of Brazilian BC-10 Project

Shell today announces investment to support phase II of the prolific Parque das Conchas (BC-10) project more than 100 kilometres (62 miles) off the coast of Brazil.

15 Oct 2010

Eagleford Energy Plans to Drill Vertically in Eagle Ford Shale in Zavala County, Texas

Eagleford Energy Inc. (OTCBB "EFRDF") has been notified by Dawsey Operating, LLC, a Texas based engineering and consulting firm, that the rig allocated to drill an initial test well of the Eagle Ford shale formation will mobilize onto location at the Company's Matthews lease in Zavala County, Texas starting tomorrow.

13 Oct 2010

Elk Hills Heavy Oil Discovers New Oil Field in Montana

Stellar Resources Ltd. (OTC Bulletin Board: SRRL), announced today that Elk Hills Heavy Oil LLC, has discovered a new oil field, which is to be named the Morris Field. The Morris Field is approximately 1,000 acres in size and is located within the 22,000 acre Elk Hills Project in Carbon County, Montana.

From Stellar Resources Limited 12 Oct 2010

Continental Resources Forecasts 20.6 MMBoe of Production in 2011

Continental Resources, Inc. (NYSE: CLR) today announced that it expects to produce 20.6 million barrels of oil equivalent (MMBoe) in 2011, an increase of 30 percent over expected production for 2010. The Company confirmed that 2010 total production is expected to be 15.8 MMBoe, in line with guidance.

12 Oct 2010

Gran Tierra Energy Reveals Initial Results of Moqueta-3 Well, Colombia

Gran Tierra Energy Inc. (NYSE Amex: GTE; TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced preliminary results of the Moqueta-3 delineation well in Colombia and an operations update for Colombia, Peru and Argentina.

8 Oct 2010