Latest Fossil fuels Stories
(TSX-V:CEX) CALGARY, Nov. 5, 2012 /CNW/ - Contact Exploration Inc. ("Contact" or the "Company") (TSX-V: CEX) is pleased to announce that the second Contact-operated horizontal Montney well (the "14-30 Well") has been successfully completed with a 14 stage water-based nitrogen foam frac. The well was flowed for 96 hours against anticipated gathering system pressure of approximately 1,100psi. During the final 24 hours of flow-back the well averaged gross production rates of 974...
ZUG, Switzerland, Nov. 1, 2012 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of November 1, 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...
TSX, NYSE MKT: BXE CALGARY, Nov. 1, 2012 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX: BXE) is pleased to provide the following an update on Q3 drilling results and Q3 production. Q3 production Third quarter 2012 sales volumes averaged 15,503 boe/d (weighted 34% to oil, condensate and NGLs and 66% to natural gas). Production for the month of October, based on field estimates, was 18,300 boe/d (weighted 34% to oil, condensate and NGLs and...
HOUSTON, Oct. 29, 2012 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN), a fast growing independent oil and gas company with a 95,000 net acre position targeting the liquids-rich Eagle Ford Shale, Pearsall Shale, Austin Chalk, and Buda Limestone, today provided a drilling and production update on the Company's third quarter production and operating activities. Sanchez Energy's estimated net production exit rate at September 30, 2012 was approximately 1,700 barrels of oil...
HOUSTON, Oct. 22, 2012 /PRNewswire/ -- Prices for natural gas liquids, or NGLs, have dropped precipitously this year amid growing supplies, weakening the profitability of a key driver of the U.S. shale development. Extracting NGLs, such as ethane, propane and butane, is still more attractive than producing dry natural gas, but it's not as robust as it was nine months ago, according to Ernst & Young's Oil & Gas Center's quarterly analysis. NGL production has surged over the...
ZUG, Switzerland, Oct. 17, 2012 /PRNewswire/ -- Noble Corporation (NYSE: NE) today reported third quarter 2012 earnings of $115 million, or $0.45 per diluted share, compared to $160 million, or $0.63 per diluted share, for the second quarter of 2012. For the third quarter 2011, the Company reported earnings of $135 million, or $0.53 per diluted share. Contract drilling services revenues for the third quarter of 2012 were $833 million compared to $848 million for the second quarter of...
SALT LAKE CITY, Oct. 9, 2012 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) issued an operations update on its activities in Poland. Kutno-2 Well The Kutno-2 well has reached a depth of 6,576 meters, 126 meters deeper than the projected total depth when the well was originally started. The well has encountered reasonably good gas shows and temperatures favorable for hydrocarbon presence throughout the Rotliegend section. However, the porosities seen in the well cores are not...
ZUG, Switzerland, Oct. 8, 2012 /PRNewswire/ -- Noble Corporation (NYSE: NE), a leading offshore driller, today announced it plans to report financial results for the third quarter 2012 on Wednesday, October 17, 2012, after the close of trading on the New York Stock Exchange. Copies of the Company's press release will be available on the Noble Web site at www.noblecorp.com. Noble also has scheduled a conference call and webcast related to its third quarter 2012 results on Thursday,...
ALBANY, New York, October 8, 2012 /PRNewswire/ -- New Report Added in ResearchMoz Reports Database Offshore Drilling Industry in the Americas to 2016 - Activity in Latin America Expected to Drive Expenditure in the Future [http://www.researchmoz.us/offshore-drilling-industry-in-the-americas-to-2016-activity-in-latin-america-expected-to-drive-expenditure-in-the-future-report.html ] GBI Research, a leading business intelligence provider, has released its latest research,...
ZUG, Switzerland, Oct. 4, 2012 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of October 4, 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 Noble Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract...
