Latest Extraction of petroleum Stories

Apache Reports Horizontal Drilling Successes in Canada's Kaybob Dunvegan Play

2012-11-20 08:23:14

HOUSTON, Nov. 20, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced promising drilling results in the Dunvegan oil reservoir in the Kaybob development area in Alberta, Canada. Kaybob is a prolific area located 310 miles (500 km) northwest of Calgary that contains 16 known productive horizons; the Dunvegan play is one of the primary targets. The most recent of four Kaybob Dunvegan development wells - the 1-35 - tested at a rate of 300 barrels of oil per...

Aztec Announces Brown County Production Increases

2012-11-08 12:24:07

HOUSTON, Nov. 8, 2012 /PRNewswire/ -- Aztec Oil & Gas, Inc. (Pink Sheets: AZGS) announced that Aztec gained control over operations of the Guthrie Ranch field in Brown County, Texas, effectively in early 2012. After that, there was a period of time needed to inventory, clean up the former operator's (Ziegler Peru Inc.) presence, and implement the typical standard operations in the field to which Aztec is accustomed. There also had to be electrical service and vendor transfers...

Bengal Energy Provides Update on Production Testing at Cuisinier Oil Field Production Tests Exceed Initial Estimates in Australia's Cooper Basin

2012-11-06 08:22:29

CALGARY, Nov. 6, 2012 /CNW/ - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to report that it has been advised by the operator of the Cuisinier Oil Field of initial production testing results from recently drilled wells. The Cuisinier Oil Field is located within the boundaries of the Barta sub-Block of Authority to Prospect ("ATP") 752P in the Cooper/Eromanga Basins in the State of Queensland, Australia. Bengal has a 25% working interest in the Cuisinier Oil...

Enhanced Oil Resources Provides Operations Update.

2012-10-16 11:22:14

HOUSTON, Oct. 16, 2012 /PRNewswire/ - Enhanced Oil Resources Inc. (TSX.V: EOR; OTCQX: EORIF) (the "Company") is pleased to provide the following update regarding the Company's operations for September. As previously reported, the Company's primary goals for 2012 are to increase production and reserves through infill drilling at the Milnesand oil field, located in Roosevelt County, New Mexico, to evaluate the Chaveroo oil field for potential infill drilling and to further the...

Apeks Fabrication introduces new Valveless Expansion Technology for supercritical and subcritical CO2 botanical essential oil extraction equipment

2012-09-14 06:23:25

COLUMBUS, Ohio, Sept. 14, 2012 /PRNewswire-iReach/ -- Apeks Fabrication recently developed Valveless Expansion Technology for their popular line of supercritical and subcritical (liquid) CO2 botanical essential oil extraction equipment. Valveless Expansion Technology (VET) combined with supercritical CO2 extraction methods represents the state of the art for essential oil extractions from botanical materials. VET utilizes a proprietary decompression mechanism for separation of the extracted...

Paradigm to Launch the Centurion One

2012-09-10 06:23:40

EUSTACE, Texas, Sept. 10, 2012 /PRNewswire/ -- It is with great pleasure that the management of Paradigm Oil and Gas, Inc. (OTC: PDGO) plans to launch the Centurion One Platform for exaction of oil from shallow formations. We expect to begin having the Centurion One operational within the next two weeks. Paradigm Management will be redesigning and rebuilding its mobile platform technology and deploying it as the Centurion One. "I believe we could begin making revenue for this product...

Mondial Ventures, Inc. Commences Well Workover and Development, Targets Proven Behind Pipe Oil and Gas Zone to Increase Production

2012-08-28 10:21:15

SCOTTSDALE, Ariz., Aug. 28, 2012 /PRNewswire/ -- Mondial Ventures, Inc. (OTCBB: MNVN) is pleased to announce the funding and initiation of a workover and development program to increase production on their recently acquired working interest in the oil producing property J.B. Tubb Leasehold Estate/Amoco Crawar Field. As previously announced on August 2, 2012, the Company plans to immediately increase and stabilize oil and natural gas production, with additional anticipated oil...

Enerplus Delivers Production Growth Through Second Quarter 2012

2012-08-10 02:20:38

All financial figures are unaudited and in Canadian dollars (CDN$) unless noted otherwise. All financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS"). This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to...

Lexaria Reports Continued High Oil Production Rates in July

2012-08-09 02:23:46

VANCOUVER, B.C., Aug. 9, 2012 /PRNewswire/ -- Lexaria Corp (OTCQB : LXRP) (CNSX : LXX) (the "Company" or "Lexaria") reports that the Belmont Lake Oil Field continues to perform strongly, producing 8,114 barrels of oil for the month of July. For the month of July 2012, the four oil wells at Belmont Lake together produced an average of 261.7 barrels per day, compared to 282.5 barrels per day in the month of June. "These past two months have delivered the highest oil production rates...

Treaty Energy Corporation to Finalize the Shelby County Texas Lease Acquisitions This Week

2012-07-31 06:22:02

NEW ORLEANS, July 31, 2012 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) (www.treatyenergy.com), a rapidly growing international energy company, today announced the $1.2 million funding required to complete the two-part acquisition of four new Oil & Gas Leases in Shelby County, Texas is in escrow and this transaction will be finalized this week. The acquisition of four new Oil & Gas Leases in Eastern Texas, and the plan to re-enter and re-complete the MADELEY F...