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2011-07-13 07:00:00

DENVER, July 13, 2011 /PRNewswire/ -- Gasco Energy, Inc. (NYSE Amex: GSX) today provided an interim operations update on its Riverbend Project in Utah's Uinta Basin and on its California projects in the San Joaquin Basin. Riverbend Project Second Quarter 2011 Operations Update Completion Operations Gasco is finalizing the federal drilling permits for its two Green River Formation oil wells, (GSX-operated / 100% WI). The Company is satisfying all of the well permitting requirements that...

2011-07-07 07:00:00

HUNTSVILLE, Tenn., July 7, 2011 /PRNewswire/ -- Miller Energy Resources, Inc. ("Miller"), (NYSE: MILL) announced today that its wholly owned subsidiary, Cook Inlet Energy, led by David Hall, has successfully completed the rework of the RU-7 crude oil well from its offshore Redoubt Shoals Field. The work-over consisted of replacing an electrical submersible pump and wellbore optimization. The RU-7 well has demonstrated an initial production of 250 barrels of oil per day (BOD), which more...

2011-07-06 08:30:00

NEW ORLEANS, July 6, 2011 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today reports to its stakeholders on progress in Texas, Belize and Kansas. Stephen L. York, President and COO of Treaty Energy Corporation, stated, "Treaty Energy has now commenced selling oil through its wholly owned subsidiary and operating company, C & C Petroleum Management, LLC. Due to the measure of time required to transfer all of the...

2011-07-05 06:10:00

COSTA MESA, Calif., July 5, 2011 /PRNewswire/ -- Force Fuels Inc (OTC-BB:FOFU) -- The Company announces the signing of an engagement Letter with Carroll Energy to prepare the preliminary Geological reports needed to drill 15 new wells on the properties Force Fuels acquired. This program will require reserve analysis, geological evaluations, reservoir mapping, historical production analysis, and log interpretations. These services will include well completion, work over services, roustabout...

2011-06-20 10:00:00

HOUSTON, June 20, 2011 /PRNewswire/ - Enhanced Oil Resources Inc. (TSXV: EOR) is pleased to provide the following update regarding the Company's activity for the first six months of 2011. The Company had previously announced, on January 19, 2011, that its principal focus for 2011 is the accelerated development of the Company's oil reserves at the Milnesand, Chaveroo and Crossroads oil fields. Specifically, during 2011 the Company intends to focus on: 1. Commencing the...

2011-06-13 07:36:00

HUNTSVILLE, Tenn., June 13, 2011 /PRNewswire/ -- Miller Energy Resources, Inc. ("Miller") (NYSE:MILL), a high growth oil and natural gas exploration, production and drilling company, announced today that it had closed on a two year, $100 million credit facility with Guggenheim Corporate Funding, LLC, Citi and Bristol Investment Fund, Ltd. Munger, Tolles and Olson, LLP advised Miller on the transaction. The credit facility, which provides for an initial borrowing base of $35 million, is...

2011-05-17 07:45:00

COSTA MESA, Calif., May 17, 2011 /PRNewswire/ -- Force Fuels, Inc. (OTCBB: FOFU) announces that they have completed the refurbishing of 10 existing oil wells that have been shut down for several years on an existing property located in Montgomery County, Kansas. The initial oil production numbers from the wells have been as the Company has anticipated. With these types of numbers we expect another 10 wells being reopened in the next 15 days. "We are very excited about the results that...

2011-05-16 16:46:00

PORTLAND, Maine, May 16, 2011 /PRNewswire/ -- Magellan Petroleum Corporation (the "Company") (NASDAQ: MPET) (ASX: MGN) provided updates to its current operations and commercial transactions. Amadeus Basin Fields Production volumes, net of royalties, were 0.172 BCF of gas and 13,084 Bbls of oil for the quarter ended March 31, 2011 in Australia. Following the termination of the Mereenie Gas Sales Agreement last year, and in anticipation of the end of the Palm Valley Gas Sales...

2011-05-10 07:15:00

KELOWNA, British Columbia, May 10, 2011 /PRNewswire/ -- Lexaria Corp. (the "Company" or "Lexaria") is pleased to announce its participation in its first Tuscaloosa well, targeting deeper oil and gas horizons. For the first time since commencing oil and gas drilling operations in Mississippi in 2005, Lexaria has taken an interest in a well that is targeting the Tuscaloosa "A" sand at a depth of approximately 12,000 feet. This is, to date, the deepest well that Lexaria has been involved in,...

2011-05-01 00:09:03

Texas has produced more oil than any other state, and to date remains the largest daily producer. Big K Energy has been utilizing the most advanced exploration and production technologies for oil recovery from the first oil boom in Texas. More importantly Big K Energy is taking advantage of significant opportunities for incremental recovery in advanced exploration and production technologies. A report on oil production in Texas states, "On average only 35 percent of original oil in place...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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