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Latest Fossil fuels Stories

2013-11-07 23:02:21

Reportbuyer.com just published a new market research report: Offshore Drilling Industry in Europe to 2016 - Norway a Driving Force for the European Offshore Drilling Industry, Reserves and Development Projects London (PRWEB) November 07, 2013 Summary GBI Research, a leading business intelligence provider, has released its latest research, “Offshore Drilling Industry in Europe to 2016 - Norway a Driving Force for the European Offshore Drilling Industry, Reserves and Development...

2013-11-04 20:21:18

- Production increased 56% from 3Q 2012 to 59.3 MMcfe per day HOUSTON, Nov. 4, 2013 /PRNewswire/ -- Gastar Exploration Ltd. (NYSE MKT: GST) ("Gastar") today reported financial and operating results for the three-month and nine-month periods ended September 30, 2013. Net loss attributable to Gastar's common shareholders for the third quarter of 2013 was $3.9 million, or a loss of $0.07 per share. Excluding the impact of a $5.0 million unrealized hedging loss and...

2013-11-04 16:23:58

VANCOUVER, Nov. 4, 2013 /PRNewswire/ - TAG Oil Ltd. (the "Company") (TSX: TAO) and (OTCQX: TAOIF), reports that new wells in the Company's drilling program underway in the Taranaki Basin of New Zealand are showing encouraging results. These wells are part of an extensive New Zealand drilling campaign targeting significant hydrocarbon potential in lower risk shallow oil prospects and deeper high-impact gas-condensate prospects in the Taranaki Basin, and unconventional prospects in...

2013-10-23 23:30:36

Octagon 88 Resources Inc., is pleased to announce that the operator has decided to extend the horizontal drilling program by 200m for a total of 900m on the first primary production well DH 9-4-92-23-W5 on the Elkton formation’s erosional edge. The well is located in the Peace River Block of NW Alberta. ZUG, Switzerland (PRWEB) October 23, 2013 Octagon 88 Resources Inc., is pleased to announce that the operator has decided to extend the horizontal drilling program by 200m for a total of...

2013-10-21 08:24:53

HOUSTON, Oct. 21, 2013 /PRNewswire/ -- In its 12th year of honoring the upstream energy industry's top innovators and innovations, World Oil announced the winners of its 2013 World Oil Awards in 16 categories. Additionally, two awards were given to individuals for their contributions to the industry. Syham Bentouati, Petroleum Development Oman, won the 'Innovative Thinker' award for her contributions to the area of enhanced oil recovery technologies. In the 'Lifetime Achievement' category,...

2013-10-16 16:21:09

ZUG, Switzerland, Oct. 16, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported third quarter 2013 earnings of $282 million, or $1.10 per diluted share. Results for the quarter included the sale of the jackup rig Noble Lewis Dugger, which closed in July, a settlement relating to the 2010 acquisition of Frontier Drilling and an impairment charge taken on two submersible rigs. The net after tax gain for these items contributed approximately $63 million or $0.25 per...

2013-10-15 12:22:12

SPOKANE, Wash., Oct. 15, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTC: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce that its second consecutive successful oil well has been drilled in the recently-acquired Twin Bottoms Field Project in Lawrence County, Kentucky. The Gerald Grove H-3 well was drilled to a measured depth ("MD") of 4,461 feet and a true vertical depth ("TVD") of 1,175 feet. Logs and other measurement data indicate that...

2013-10-14 23:04:12

Reportbuyer.com just published a new market research report: Drilling Fluids (Oil-Based Fluids, Synthetic-Based Fluids And Water-Based Fluids) For Oil And Gas (Offshore & Onshore) Market - Global Industry Analysis, Size Share, Growth, Trends And Forecast, 2012 - 2018. London (PRWEB) October 14, 2013 Ever-increasing drilling activities coupled with a shift towards developing deep sea reserves across the world is expected to drive the global market for drilling fluids. Nanotechnology...

2013-10-14 08:21:30

AUSTIN, Texas, Oct. 14, 2013 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) announced today that it has been informed by its drilling partner, Cimarex Energy Co. (XEC), that preparations have been completed to file the application to permit the drilling of a fourth well in the East Lusk Federal Section 15 of Lea County New Mexico. Both companies are anxious for the Bureau of Land Management to re-open so this process can be completed. FieldPoint's Executive...

2013-10-10 16:22:34

ZUG, Switzerland, Oct. 10, 2013 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of October 10, 2013. The report, titled "Fleet Status Report," can be found on the Company's Web site www.noblecorp.com, under the "Investor Relations" section of the website. About Noble Corporation Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its...