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Latest Extraction of petroleum Stories

2014-06-21 23:01:15

Demand for ultra-deep water rigs is very high and is increasing due to sustained high oil prices and also the desire of oil & gas companies to achieve production targets is driving the demand in all the regions. http://www.micromarketmonitor.com/market-report/ultra-deep-water-reports-5515041891.html (PRWEB) June 21, 2014 On the account of high prices, offshore oil and gas production has been gradually increasing over the decades and has picked up momentum strongly over the past few...

2014-04-29 08:27:49

TSXV Trading Symbol: MVN CALGARY, April 29, 2014 /PRNewswire/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide selected financial and operational information for the three months and year ended December 31, 2013 and the Company's 2013 year end reserves. Copies of the Company's consolidated financial statements for the year ended December 31, 2013, the related management's discussion and analysis and the Annual Information Form (the...

2014-04-28 08:23:40

TSXV Trading Symbol: MVN CALGARY, April 28, 2014 /PRNewswire/ - Madalena Energy Inc. (TSX-V: MVN and OTC: MDLNF) (the "Company" or "Madalena") is pleased to announce the results of a multi-rate production test for its CAN-15(h) horizontal well, which is the Company's second horizontal well drilled on its international assets in the Neuquén Basin in Argentina as well as a production update and drilling program update on its assets in the Neuquén Basin, Argentina:...

2014-01-16 00:20:20

CAMARILLO, CA, Jan. 15, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX), is providing an update on its Tishomingo Field, Caney oil shale operations in Oklahoma as well as its Polish shale gas project. Oklahoma - Tishomingo Field BNK's strategy for its 2013 Caney drilling program was to prove the productivity of the Caney formation in our Tishomingo field. The Company's efforts were focused on increasing the oil rate of each consecutive well, reducing...

2014-01-06 08:21:52

BEDFORD, Texas, January 6, 2014 /PRNewswire/ -- PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech") today announced that PTOG and their partner on this program have acquired all of the necessary equipment to rework four wells on the Nowata lease in Oklahoma. The company has spent more than $182,000.00 to date including Pump Jacks and Tank Barrels. They have repaired all the infrastructure, built new pads, and roads, and have hired the contractor to complete...

2013-10-29 11:09:11

After 10 years of production, shale gas in the United States cannot be considered commercially viable, according to several scientists presenting at the Geological Society of America meeting in Denver on Monday. They argue that while the use of hydraulic fracturing and horizontal drilling for "tight oil" is an important contributor to U.S. energy supply, it is not going to result in long-term sustainable production or allow the U.S. to become a net oil exporter. Charles A.S. Hall,...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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