Latest Barnett Shale Stories

STATE COLLEGE, Pa., Feb. 25, 2013 /PRNewswire/ -- Eclipse Resources Operating, LLC ("Eclipse Resources") is pleased to announce the addition of Oleg Tolmachev to its management team in the role of Vice President, Drilling and Completions. Mr. Tolmachev joins Eclipse Resources with extensive oil and gas experience and most recently served as the Senior Asset Manager, Utica Shale with Chesapeake Energy Corporation where he was responsible in leading an asset team comprised of land,...

PLANO, TX, Feb. 14, 2013 /PRNewswire/ - Santa Fe Petroleum, Inc. (the "Santa Fe") (OTCBB: SFPI) is pleased to announce it has purchased additional oil and gas leases with plans for additional drilling.  Santa Fe's Lease Acquisitions now total approximately 1,704 acres. On February 11, 2013, Santa Fe completed the purchase of multiple leases totaling approximately 1,628 in the area of its test well in North Central Texas.  This purchase, plus the existing 76 acres that Santa Fe...

HOUSTON, Jan. 7, 2013 /PRNewswire/ -- Post Oak Energy Capital, LP (Post Oak), through investment partnerships it manages, today announced its partnership with Refinery Specialties, Inc. (RSI) through a purchase of a majority stake in the company. Formed in 1989, RSI has evolved from a chemical company serving the refinery industry into an oilfield services company providing well site services, including formulating, blending, selling and providing technical support for...

SCOTTSDALE, Ariz., Jan. 3, 2013 /PRNewswire/ -- EGPI Firecreek, Inc. (OTCBB: EFIR) announced summary highlights for year 2012 and marks development plans for year 2013. Wrap up for the year 2012: EGPI continued its consolidation and wrap up activities for the exit and recovery from its business segments related to signalization, lighting, and telecom via its 2011 sell off of South Atlantic Traffic Corporation (SATCO) and Terra Telecom. EGPI continued the integration and ramp up...

TULSA, Okla., Dec. 26, 2012 /PRNewswire/ -- BlueStone Natural Resources II, LLC has closed on six major transactions since its formation in February, increasing proved reserves to more than 100 BCF equivalent. In total, BlueStone Natural Resources II, LLC now operates more than 500 wells located in South Texas and the Barnett Shale, with net production of more than 25 million cubic foot equivalent per day. BlueStone Natural Resources II, LLC still has capacity for additional...

LEVELLAND, Texas, Dec. 3, 2012 /PRNewswire/ -- (OTC PINK: LHPT) Lighthouse Petroleum, Inc. ("Lighthouse" or the "Company") is pleased to announce it is exploring the potential for oil recovery from the North Texas Black Shale. Management believes this exploration is taking the Company in a new aggressive direction and has expectations of Lighthouse becoming the leader in the North Texas Black Shale. Currently, Management believes Lighthouse may be the only company aggressively...

SCOTTSDALE, Ariz., Nov. 5, 2012 /PRNewswire/ - EGPI Firecreek, Inc. (OTCBB: EFIR) announced today it has signed a Definitive Agreement to prepare and conduct drilling programs aimed at the Barnett Formation in West Central Texas with CUBO Energy, PLC nominee/assignee Mondial Ventures, Inc. ("MNVN"). As previously reported, initial plans are to prepare ground work to conduct a 3-D Seismic study for 240 acres covering the Boyette property in Shackelford County, Texas and the...

SCOTTSDALE, Ariz., Nov. 5, 2012 /PRNewswire/ - Mondial Ventures Inc. (OTCBB: MNVN) announced today it has signed a Definitive Agreement to acquire a 50% working interest and participate in the development of a 240 acre Oil lease known as the Boyette property located in Shackelford County, Texas. The agreement calls for Mondial to provide $175,000 for the acquisition of the working interest and to prepare the ground work to conduct a 3-D Seismic study on the 240 acres. The seismic...

AUSTIN, Texas, Sept. 4, 2012 /PRNewswire/ -- Imperial Resources, Inc. (OTCQB: IPRC) and its wholly owned subsidiary, Imperial Oil & Gas, Inc. (together the "Company", "Imperial") is pleased to announce that its Green Tide Salt Water Disposal Facility ("Facility", "Green Tide") is now open for business. During the course of last week the Company continued to carry out numerous tests at the Facility in conjunction with completion of minor remedial works. Water was disposed of at...

IRVING, Texas, Aug. 17, 2012 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced today that it has spud the Breitling-Turner #4 in Hardeman County, Texas. The Prospect was delineated using geological and geophysical techniques and data gained from the drilling of the first three Breitling-Turner wells. The wells are located within a 640-acre closure mapped at the Holmes Sand and the Mississippian...