Latest Fossil fuels Stories

ZUG, Switzerland, May 16, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that David W. Williams, Chairman, President and Chief Executive Officer, Noble Corporation, will present at the UBS Global Oil and Gas Conference in Austin, Texas, on Tuesday, May 21, 2013, at 8:40 a.m. Central Daylight Time. A live webcast and presentation slides will be available at the time of the presentation in the "Investor Relations" section of the Company's Web site...

Brookshire, Police, and Giddings All Complete Successful Initial Drillings Houston, Texas (PRWEB) May 15, 2013 Emerald Energy, an industry leader in Gulf Coast oil and gas joint ventures, has recently completed initial drilling projects on three new wells in 2013. The, Police, Giddings, and Brookshire wells all had successful tests and investors will begin seeing monthly checks soon. The Police Joint Venture The Police JV Well has finished its initial testing and drilling in Cleveland,...

SPOKANE, Wash., May 15, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the second well in the current drilling program at the East Slopes Project in Kern County, California. The Bear #6 well was drilled to 2,153 feet and we estimate there is approximately 25 feet of oil pay in the Vedder Sand. This drilling rig will now be moved to the Black #2 well location. The Company...

INVER GROVE HEIGHTS, Minn., May 15, 2013 /PRNewswire/ -- Blue Earth Resources, Inc. (OTCPINK: BERI), through its wholly-owned Petro Resources subsidiary, has completed a material expansion of its Louisiana acquisition announced on May 8, 2013. The initial acquisition involved a 37.5% WI (working interest) in Spider Field leases in DeSoto Parish, LA. BERI has now acquired an additional 25% WI in these 14 Spider Field wells for consideration of 8 Million shares of restricted common...

-- Project Continues Strategic Transformation of the Noble Fleet ZUG, Switzerland, May 14, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that the Company has been awarded a drilling contract by Statoil for a newbuild ultra-high specification jackup for use in the United Kingdom sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter of 2016. The total estimated value of the four year primary term...

AUSTIN, Texas, May 13, 2013 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT: FPP) announced today that, with its industry partners, drilling has begun on the Irby #1 vertical Wilcox test well that will be drilled to a depth of approximately 8,900 feet to the prospective reservoir. If successful, the well should be drilled and completed within the next 60 to 90 days and FPP will own a 10% working interest in the well. FPP also announced that it has signed an operating...

Industry Veteran Brings Nearly 20 Years of Global Finance, Operations, Marketing, and Strategic Corporate Development Experience to Parker HOUSTON, May 9, 2013 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that Christopher T. (Chris) Weber has been selected as senior vice president and chief financial officer, effective May 20, 2013. With nearly twenty years in the global drilling, oil and gas, and power industries, Mr. Weber brings extensive experience in...

ZUG, Switzerland, May 7, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that Jeffrey L. Chastain, Vice President - Investor Relations and Corporate Communications, Noble Drilling Services Inc., will present at the Citi Global Energy and Utilities Conference in Boston on Tuesday, May 14, 2013, at 12:20 p.m. Central Daylight Time. A live webcast and presentation slides will be available at the time of the presentation in the "Investor Relations" section of the...

SPOKANE, Wash., May 7, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the first well in the initiation of a six well drilling program at the East Slopes Project in Kern County, California. The Bear #5 Well was drilled to 2,300 feet and encountered approximately 30 feet of oil pay in the Vedder Sand. The Well is currently being completed and will be put on production within...

HOUSTON, May 6, 2013 /PRNewswire/ -- Far East Energy Corporation (OTCBB:FEEC) today announced the following coalbed methane (CBM) drilling progress on its Shouyang Block, located in Shanxi Province, Peoples Republic of China (PRC). A summary of the key developments through May 5, 2013 includes: Wells spudded in 2013: 13 (7 production wells and 6 appraisal wells) Wells that have reached total depth in 2013: 4 (3 production wells and 1 appraisal well, with 1 of these spudded in...