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Latest Geology of Oklahoma Stories

2013-12-20 12:21:14

Peregrine secures operated, non-operated oil and gas positions in western Oklahoma DALLAS and HOUSTON, Dec. 20, 2013 /PRNewswire/ -- Texas-based Peregrine Petroleum has completed a significant acquisition of operated and non-operated assets in Oklahoma's Anadarko Basin, one of North America's most abundant oil and natural gas regions. The Anadarko Basin deal between privately held Peregrine and Oklahoma-based Primary Natural Resources III LLC was closed on Dec. 19, 2013. Peregrine...

2013-01-17 08:21:35

HAMMOND, La., Jan. 17, 2013 /PRNewswire/ -- Lighthouse Petroleum, Inc. (OTC: LHPT) is pleased to announce it has advanced on its commitment to explore for oil in the Tuscaloosa Marine Shale. The initial investment in this Shale by Lighthouse was in 2012, and management of Lighthouse has made the decision to increase its investment going forward in 2013. While several elements played roles in Management's decision to expand, the Department of Natural Resources of Louisiana's belief that...

2012-12-03 08:23:00

LEVELLAND, Texas, Dec. 3, 2012 /PRNewswire/ -- (OTC PINK: LHPT) Lighthouse Petroleum, Inc. ("Lighthouse" or the "Company") is pleased to announce it is exploring the potential for oil recovery from the North Texas Black Shale. Management believes this exploration is taking the Company in a new aggressive direction and has expectations of Lighthouse becoming the leader in the North Texas Black Shale. Currently, Management believes Lighthouse may be the only company aggressively pursuing the...

2012-03-13 08:00:00

NEW YORK, March 13, 2012 /PRNewswire/ -- (OTC Pinks LHPT) Lighthouse Petroleum, Inc. during the first quarter of 2012 has successfully closed two transactions of the year. Lighthouse initial transaction was a purchase of a participation interest in a well in Lucy Lee Well located in St. Helena Parrish, Louisiana. The second transaction was the closing of the purchase of the Perry Lease and Perry "A" Lease. "I believe the foundation for Lighthouse's future growth has been laid...

2011-05-02 08:24:00

HOUSTON, May 2, 2011 /PRNewswire/ -- The Legend Natural Gas partnerships (composed of Legend Natural Gas II, LP, Legend Natural Gas III, LP and Legend Natural Gas IV, LP, collectively referred to as "Legend"), along with their equity sponsor Riverstone Holdings LLC ("Riverstone"), today announced the execution of several transactions which will significantly increase reserves and production, improve operational and administrative efficiencies and position Legend for future growth. Chief...

2010-11-04 00:01:00

JACK COUNTY, Texas, Nov. 4, 2010 /PRNewswire/ -- The Marble Falls limestone formation in Jack County, Texas, is yielding strong results for Halek Energy, LLC, an independent oil and gas exploration and production company based in Southlake, Texas. For the first full month of production in August, Halek Energy's Johnson 8H well generated oil production of 12,710 barrels and gas production of 48,557 thousand cubic feet, according to publicly available production data filed with the Texas...

2010-01-06 14:12:00

CLOVIS, N.M., Jan. 6 /PRNewswire/ -- New Mexico American Water's Board of Directors issued a proclamation last month, approving a comprehensive conservation plan for customers in Clovis. The proclamation comes as water levels in the Ogallala Aquifer, which is the only source of supply for Clovis residents, continue to decline. As a result, New Mexico American Water has seen a 10 percent average annual decline in its well pumping capacity compelling the company to increase the number of...

2009-06-10 11:18:00

Poll Finds Majority of Texans Oppose Politicians that Support Nuke Dump PERALTA, N.M., June 10 /PRNewswire-USNewswire/ -- Looking at the possibility of radioactive waste poisoning a vital source of drinking water for millions of Americans, a group called Save the Ogallala Aquifer (SOA) has formed to sound the alarm. The State of Texas recently granted a permit to Waste Control Specialists to dispose of radioactive waste in their Andrews County, Texas dump. The dump sits over the top of the...

2008-11-03 18:00:17

Parallel Petroleum Corporation (NASDAQ: PLLL) today announced its third quarter 2008 average net daily production, work-in-progress, revised 2008 and preliminary 2009 capital investment (CAPEX) budgets, and field operations update. In a separate press release issued today, Parallel announced its financial results for the third quarter ended September 30, 2008. The Company's financial and field operations conference call and webcast will be held Tuesday, November 4, 2008 at 2:00 p.m. Eastern...

2008-10-20 21:00:13

DENVER, Oct. 20 /PRNewswire-FirstCall/ -- Cimarex Energy Co. today announced the expansion of its Woodford Shale position in the Anadarko Basin of western Oklahoma. Cimarex has entered into an agreement with Chesapeake Energy Corporation to acquire 38,000 net acres for $180 million. The acreage is located in Blaine and Canadian counties, with 88% held by production and an average net revenue interest of 84%. After completing this transaction Cimarex will have 88,000 net...