Latest Fossil fuels Stories

SALT LAKE CITY, Dec. 27, 2012 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that the drilling rig from the Kutno-2 well has been moved to the Tuchola-3K location and drilling operations are underway. The main target reservoir of the Tuchola-3K well is the Main Dolomite at a projected depth of 2,550 meters. The well is also planned to test a Devonian oil target at a depth of approximately 3,150 meters. The Tuchola-3K well is located on the Company's 100% owned Edge...

HOUSTON, Dec. 20, 2012 /PRNewswire/ -- Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has been awarded a twelve-month contract extension by Salamander Energy (Bualuang) Limited ("Salamander") for the jackup Atwood Mako. The extension is priced at a day rate of $155,000 and begins September 9, 2013. The Atwood Mako commenced its initial twelve month drilling services contract with Salamander on September 9, 2012 for operations offshore Thailand. With the...

TSXV Trading Symbol: MVN CALGARY, Dec. 18, 2012 /PRNewswire/ - Madalena Ventures Inc. and its wholly owned subsidiary Madalena Austral SA ("Madalena" or the "Company"), is pleased to provide an update on its drilling operations in the Neuquén basin, Argentina. On the Coiron Amargo Block (35% working interest), the CAN-8 development well located 800 meters south east of the existing CAN 7 oil producer on the northern portion of the block (i.e. Coiron Amargo Norte), has been...

TSX-V:CEX CALGARY, Dec. 13, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) announces that the first Contact-operated horizontal Montney well at 13-17-63-5 W6 (the "13-17 Well") was placed on production on December 1, 2012.  The Company is pleased to report that during the first seven days of production the 13-17 Well averaged 200bbls of wellhead condensate/mmcf natural gas.  Contact expects additional liquids recoveries at the third party gas...

HOUSTON, Dec. 12, 2012 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) announced today it has commenced drilling operations with Rig 273, the first of two Arctic Alaska Drilling Unit (AADU) rigs the Company has developed to safely and efficiently perform in environmentally sensitive, harsh arctic environments. Rig 273 initiated operations earlier this week under the terms of the Company's five-year contract with BP. The Company's second AADU, Rig 272, remains on schedule for...

ZUG, Switzerland, Dec. 10, 2012 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported that it has entered into two separate Definitive Agreements for the sale of two standard jackup drilling units. The first agreement, for the 300-foot water depth capable jackup Noble Lewis Dugger, is with a wholly-owned subsidiary of Goimar S.A. de C.V., a private company in Mexico that owns and operates supply vessels, platform drilling rigs and jackups. This unit is being sold for $61...

Fully Funded US$247 Million Capital Program in Albania CALGARY, Dec. 10, 2012 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce its 2013 capital program of US$247 million, to be fully funded with funds generated from operations. This represents a record annual activity level and takes Bankers cumulative capital investment in Albania to over $1 billion. The budget has been approved by the Company's Board of Directors...

ZUG, Switzerland, Dec. 6, 2012 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of December 6, 2012. The report, titled "Fleet Status Report," can be found on the Company's Web site www.noblecorp.com, under the "Quick Links" section of the homepage. About NobleNoble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract...

DENVER, Dec. 5, 2012 /PRNewswire/ -- Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, today provided an interim corporate update on recent completion and drilling activities. Interim Completion Operations Update Kodiak completion operations in the Williston Basin continue with two full-time, 24-hour-per-day crews. During the fourth quarter through November 30, 2012, the...

HOUSTON, Nov. 28, 2012 /PRNewswire/ -- ATWOOD OCEANICS, INC., announced today that the Company's President and CEO, Robert J. Saltiel, will make a presentation to institutional investors at the Jefferies 2012 Global Energy Conference on Wednesday, November 28, 2012 in Houston, Texas. A copy of the Company's presentation can be viewed on the Company's website at www.atwd.com. Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of...