CAVU Resources. Inc. (CAVU), which trades as issued an update regarding key production, operational and corporate developments.
Pacific Oil Company ("Pacific Oil"), is pleased to announce that it is in talks with a major energy producer with the goal of purchasing both wells and property boarding its 9600 acre Lacadena Project. The deal being discussed consists of 11 natural gas wells situated on 3,840 acres of energy rich land.
Athabasca Minerals Inc. ("Athabasca" or the "Corporation") is pleased to announce that it has received notification from Alberta Environment and Sustainable Resources Development ("ESRD") that the department has completed its review of Athabasca's silica sand surface material lease application at the Firebag project (the "Firebag Project"). The Firebag Project is located 139 km north of Fort McMurray, Alberta.
NAPE, the world’s largest E&P (upstream) expo, will bring together leading experts from government and industry to discuss the challenges and successes of today’s vibrant oil and gas industry at its popular NAPE Business Conference, presented by IHS, Wednesday, Feb. 5, at the George R. Brown Convention Center.
Reportlinker.com announces that a new market research report is available in its catalogue: Oil and Gas Exploration & Production Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2020, NAIC 211000
ARC Resources Ltd. ("ARC") announced today that it estimates fourth quarter production to be approximately 100,000 boe per day. This is record quarterly production volumes for ARC and is expected to contribute to record annual production of approximately 96,000 boe per day; meeting ARC's production guidance announced with its 2013 budget.
Pioneer Energy Services today announced it has renewed its drilling contracts with Ecopetrol for all eight of its drilling rigs in Colombia effective January 1, 2014. Pioneer recently operated six rigs for Ecopetrol under contracts that expired on December 31, 2013. The renewed contracts have a one-year fixed term and a slight improvement in day rates as compared to the current contracts.
Endeavour International Corporation ("Endeavour" or the "Company") today announced an update on the current production from the first well (W1) at the Rochelle field and the timing of the start-up of the second production well (E2).
Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that it has completed a 2-D seismic survey covering selected areas within the boundaries of its 1.4 million-acre oil and gas Concessions in the Caribbean Sea offshore Nicaragua.
Tethys Petroleum Limited ("Tethys"), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that it has received the appropriate Georgian governmental consent for the acquisition of a 56% interest in Blocks XIA, XIM and XIN (Project "Iberia") in eastern Georgia. Tethys also announced that it will exit Uzbekistan.
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