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2012-08-09 02:23:31

Ecuador IP-17 Drilling Activity Completed Successfully Note:  All figures are quoted in U.S. dollars unless otherwise noted. CALGARY, Aug. 9, 2012 /PRNewswire/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) is reporting today its financial results for the second quarter of 2012 and an update regarding its Ecuador operations. Second Quarter Financial Summary Ivanhoe Energy filed its quarterly financial report on Form 10-Q with the United States Securities and Exchange...

2012-08-08 10:26:33

HOUSTON, Aug. 8, 2012 /PRNewswire/ -- Dune Energy, Inc. (OTCBB: DUNR) today announced their mid-year proved oil and gas reserves increased from 13.1 MMBOE at year-end 2011 to 16.1 MMBOE at June 30, 2012 or a 21.5% increase. Mid-Year 2012 Reserves Total proved reserves at June 30, 2012 were 7,012 Mbbl and 54,420 MMcf or 16,082 MBOE. This proved reserve base was 46% oil. Proved Developed Producing (PDP) reserves were 2,216 Mbbl and 15,719 MMcf or 4,836 MBOE. Proved Developed Non-Producing...

2012-08-07 22:20:27

CALGARY, Aug. 8, 2012 /PRNewswire/ - Nexen Inc. (TSX, NYSE: NXY) today announced that we have completed the previously announced sale of a 40% interest in our northeast British Columbia shale gas assets to a consortium led by INPEX CORPORATION of Japan. The total consideration for the sale is $700 million, with 50% cash and a 50% capital carry, effective July 1, 2011. With the deal closed, Nexen now holds a 60% operated interest in the joint venture lands, which are located in the...

2012-08-07 10:23:08

HOUSTON, Aug. 7, 2012 /PRNewswire/ -- Gastar Exploration Ltd. (NYSE MKT: GST) ("Gastar") today reported financial and operating results for the three and six months ended June 30, 2012. Excluding non-cash impairment charges and unrealized hedging gains, adjusted net loss attributable to Gastar's common shareholders was $4.1 million, or $0.06 per diluted share for the second quarter of 2012. Including the effect of a non-cash impairment of natural gas and oil properties of $72.7 million and...

2012-08-02 02:24:45

LAFAYETTE, La., July 19, 2012 /PRNewswire/ -- In conjunction with PetroQuest Energy's (NYSE: PQ) release of its 2012 second quarter financial results, you are invited to listen to its conference call with management that will be broadcast live over the Internet on Thursday, August 2, 2012, at 9:30 a.m. Eastern time. The Company will release its results before the market opens on August 2, 2012. What: PetroQuest Energy Second Quarter 2012 Financial Results When: Thursday,...

2012-08-01 10:23:18

LAFAYETTE, La., Aug. 1, 2012 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the second quarter of 2012 and provided updated guidance. Some of the highlights include: Produced 40.5 MBoe (243 MMcfe) per day during the second quarter of 2012, which represents a 4% increase when compared to the second quarter of 2011. The volumes were impacted by shut-ins due to Tropical Storm Debby and greater than expected third party...

2012-07-26 14:23:40

SEATTLE, July 26, 2012 /PRNewswire-iReach/ -- The North American market for online learning products will grow to $27.2 billion by 2016, up from the $21.9 billion reached in 2011, according to a new report by Ambient Insight called, "The North America Market for Self-paced eLearning Products and Services: 2011-2016 Forecast and Analysis." This is the first in a series of syndicated regional reports published by Ambient Insight on the worldwide eLearning market. Ambient Insight will follow...

2012-07-19 02:22:26

LAFAYETTE, La., July 19, 2012 /PRNewswire/ -- In conjunction with PetroQuest Energy's (NYSE: PQ) release of its 2012 second quarter financial results, you are invited to listen to its conference call with management that will be broadcast live over the Internet on Thursday, August 2, 2012, at 9:30 a.m. Eastern time. The Company will release its results before the market opens on August 2, 2012. What: PetroQuest Energy Second Quarter 2012 Financial Results When: Thursday,...

2012-07-11 02:22:43

VANCOUVER, B.C., July 11, 2012 /PRNewswire/ -- Lexaria Corp (OTCQB: LXRP) (CNSX: LXX) (the "Company" or "Lexaria") is pleased to report the Belmont Lake Oil Field achieved record-high oil production during the month of June that was a material increase from any previous month. For the month of June 2012, the four oil wells at Belmont Lake together produced 8,755 barrels of oil, for an average of 282.5 barrels per day. Lexaria has current average production in excess of 105 b/d, net to...

2012-06-25 10:21:45

AUSTIN, Texas, June 25, 2012 /PRNewswire/ -- TAP Management Austin TX reviews the supply of oil from the nation's top oil-producing states. According to the Energy Information Administration, Texas, Alaska, California, North Dakota and Oklahoma accounted for roughly 56 percent of the United States' domestic oil production levels in 2011. Overall, oil production from these states increased in 2011, with Texas and North Dakota experiencing the largest gains. In fact, North Dakota recently...