Mr. John Squarek, President & CEO of Tanager Energy Inc. ("Tanager"), is pleased to report that Tanager has completed the production test on its first well at Joffre at a stabilized rate of 290 BOE/d (235 barrels per day of oil and 325 mcf/d of gas). Tanager is the operator and holds a 50% interest in this project with Viking Investments Group, Inc. holding the other 50%.
BE Resources Inc. ("BE" or the "Company") announces that it continues to take active steps towards completing its intended joint venture (the "Joint Venture") with Cunningham Energy, LLC ("Cunningham"), of Charleston, West Virginia to acquire approximately 425 acres of oil leases in the Stringtown, Rock Creek, and Green Creek oil fields (collectively known as the "Oil Leases") within the Smithfield District in West Virginia, and not less than approximately 400 additional acres to be agreed upon, contiguous to the Oil Leases, with a further first right of refusal to acquire additional oil leases to be agreed, being a minimum of 1,000 acres in area and allowing for a potential of up to an additional 15 horizontal oil wells, as announced by news release dated July 31, 2014.
BNK Petroleum Inc. is providing an update on its Tishomingo Field, Caney shale oil operations in Oklahoma as well as its Polish shale gas project.
The CO2 EOR market report by Transparency Market Research provides an in-depth analysis of the Permian Basin CO2 EOR industry. The report provides comprehensive analysis of CO2 EOR fields, operators and their production capacities and also provides the forecasts and estimates for the Permian Basin CO2 supply market by volume.
Pacific Rubiales Energy Corp. provided today an exploration update highlighted by initial test results in the Kangaroo-2 appraisal well, located in the shallow offshore, Santos Basin, Brazil.
Golconda Resources Ltd. (the "Corporation" or "Golconda") announces that it has entered into a definitive purchase and sale agreement (the "PSA") with Kasten Energy Inc., a Calgary-based private oil and gas company ("Kasten"), that provides for the sale of the Corporation's interest in the joint venture agreement among the Corporation, Kasten and Tri-Rez Ebay Energy Ltd. (the "JVA") with respect to oil and gas exploration and development on approximately 1,600 acres of lands in the Cold Lake area in northeast Alberta (the "Asset Sale Transaction").
BE Resources Inc. ("BE" or the "Company") announces that it continues to take active steps towards completing its intended joint venture (the "Joint Venture") with Cunningham Energy, LLC ("Cunningham"), of Charleston, West Virginia to acquire approximately 425 acres of oil leases in the Stringtown, Rock Creek, and Green Creek oil fields (collectively known as the "Oil Leases") within the Smithfield District in West Virginia, and not less than approximately 400 additional acres to be agreed upon, contiguous to the Oil Leases, with a further first right of refusal to acquire additional oil leases to be agreed, being a minimum of 1,000 acres in area and allowing for a potential of up to an additional 15 horizontal oil wells, as announced by news release dated July 31, 2014.
Arabella Exploration, Inc. ("Arabella" or the "Company"), an oil and gas E&P company focused on the Southern Delaware portion of the Permian Basin, today announced that it has acquired additional working interests in its properties from existing working interest holders.
Tethys Petroleum Limited ("Tethys" or "the Company") is pleased to announce the next phase of the seismic acquisition programme planned to identify the location of the first deep well to be drilled has commenced.
Nighthawk, the US focused oil development and production company, announces an update on production and drilling at its 100% controlled and operated Smoky Hill and Jolly Ranch projects in the Denver-Julesburg Basin, Colorado.
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