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Last updated on April 23, 2014 at 12:06 EDT

Latest Arco Stories

2014-03-18 12:22:47

John Bell, Formerly of ARCO Oil and Gas Co., to Oversee Treaty's Oil and Gas Assets as Recommended by Inspire Energy Services NEW ORLEANS, March 18, 2014 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) (http://www.treatyenergy.com), a growth-oriented international energy company, today announced it has hired John Bell, formerly of ARCO Oil and Gas Co., to the position of Oil Field Operations Manager to oversee the Company's national and international oil and gas operations....

2014-02-18 08:24:20

SALT LAKE CITY, Feb. 18, 2014 /PRNewswire/ -- Richfield Oil & Gas Company (OTCQX: ROIL) ("Richfield" or the "Company"), an independent exploration and production company, has completed an extensive study of data related to its Liberty #1 discovery well in the Central Utah Overthrust. The study reviewed large volumes of data collected through services provided by Weatherford International, Halliburton, and Baker Hughes, as well as prominent energy scientists and laboratories. Based...

2013-10-29 12:22:27

SALT LAKE CITY, Oct. 29, 2013 /PRNewswire/ -- OTCQX: ROIL - Richfield Oil & Gas Company ("Richfield" or "Company"), an independent exploration and production company, has acquired two additional submersible pumps that will be installed in its Gorham Field located in Russell County, Kansas. In addition to the work that was previously announced on October 14, 2013, the addition of two additional submersible pumps will provide for increased production with the benefit of increasing...

2013-10-24 12:22:04

NEW ORLEANS, Oct. 24, 2013 /PRNewswire/ -- On Monday, October 21, Kanner & Whiteley, L.L.C. secured a class action settlement valued at up to $19.5 million on behalf of property owners and residents in Yerington, Nevada to resolve class members' property damage and medical monitoring claims against Atlantic Richfield Co. and BP America, Inc. involving groundwater contamination resulting from operations at the former Anaconda Mine Site. (Logo:...

2013-10-14 08:21:46

SALT LAKE CITY, Oct.14, 2013 /PRNewswire/ -- OTCQX: ROIL - Richfield Oil & Gas Company ("Richfield" or "Company"), an independent exploration and production company, has aggressively been working on its Kansas wells during the past 30 days. This work has included the installation of a submersible pump with the installation of a second cogeneration facility in its South Haven Field located in Sumner County, Kansas. These cogeneration facilities allow the Company to generate its...

2013-09-18 12:24:02

SALT LAKE CITY, Sept. 18, 2013 /PRNewswire/ -- OTCQX: ROIL - Richfield Oil & Gas Company ("Richfield" or "Company") has completed the installation of its second electricity cogeneration facility in its South Haven Field located in Sumner County, Kansas. The Company will now install a second submersible pump in its South Haven Field which is anticipated being installed this week, subject to coordination of services. Richfield owns a 100% working interest and a 78.5% net revenue...

2013-09-12 04:20:20

SALT LAKE CITY, Sept. 12, 2013 /PRNewswire/ -- OTCQX: ROIL - On September 10, 2013, Richfield Oil & Gas Company's ("Richfield" or "Company") Motion to Quash the Writ of Execution previously issued in favor of Nostra Terra Oil & Gas Company ("NTOG" ) was granted by the Russell County, Kansas District Court. The Court's Order entered September 11, 2013 (the "Order"), cancelled the sale of certain oil and gas leases and any other assets foreclosed or seized and previously...

2013-09-09 12:21:46

SALT LAKE CITY, Sept. 9, 2013 /PRNewswire/ -- OTCQX: ROIL - Richfield Oil & Gas Company ("Richfield" or "Company") responded today to reports recently circulated in the media regarding pending auction sales of certain properties by describing them as grossly exaggerated and misleading. On September 6, 2013, we tendered the cash sum of $1,303,347.84 as substitute collateral to fully satisfy an outstanding judgment and filed a Motion with the Court to quash the writ of...

2013-07-22 12:22:19

SALT LAKE CITY, July 22, 2013 /PRNewswire/ -- Richfield Oil & Gas Company (OTCQX: ROIL) ("Richfield" or the "Company") has received the completed study of its Liberty #1 discovery well from Baker Hughes GMI Geomechanics Services ("GMI"). As previously announced on April 30, GMI analyzed the geo-mechanics of the Liberty #1 Well, the natural fractures in the Twin Creek Limestone and Navajo Sandstone, reservoir permeability, and formation issues associated with relative...

2013-04-30 08:25:27

SALT LAKE CITY, April 30, 2013 /PRNewswire/ -- Richfield Oil & Gas Company (OTCQX: ROIL) ("Richfield" or the "Company"), has engaged Baker Hughes GMI Geomechanics Services ("GMI") to lead a team of technical consultants to evaluate the Liberty #1 Well in order to determine the next phase of operations, which is anticipated to result in commercial production.   GMI will be studying the geo-mechanics of the Liberty #1 Well, the natural fractures in the Twin Creek Limestone...