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Latest Hydrocarbon exploration Stories

2014-09-22 12:22:32

CGX ENERGY INC. (TSX-V | OYL) TORONTO, Sept. 22, 2014 /CNW/ - CGX Energy Inc. (TSX-V - OYL) ("CGX Energy" or the "Company") announced today that it has entered into a seismic contract with Prospector PTE. Ltd. ("Prospector") to conduct a 3,116.74 km(2) 3D seismic survey on the Company's 100% owned Demerara Block, offshore Guyana. The contract terms are attractive and represent one of the most extensive 3D seismic studies ever conducted in this area. The aggregate cost of this...

2014-09-19 12:22:25

SALT LAKE CITY, Sept. 19, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) (NASDAQ: FXENP), today announced that its Board of Directors has declared a quarterly cash dividend payment on the Company's 9.25% Series B Cumulative Convertible Preferred Stock (the "Series B Preferred Stock"). The quarterly dividend on the Series B Preferred Stock is payable on October 31, 2014, to holders of record at the close of business on September 30, 2014. The quarterly dividend payment on the...

2014-09-18 12:23:45

AUSTIN, Texas, Sept. 18, 2014 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT: FPP) today provided an update on recent drilling activity. FieldPoint successfully recompleted its University Z1 well in Andrews County Texas. The well formerly produced from the Devonian formation but was perforated and acidized in the Wolfcamp zone and has begun to produce oil. The jet pump was re-installed, but a casing repair will be required before the well begins full production. The...

2014-09-17 20:20:50

Bakken Net Unrisked Resource Potential Totals 4.1 Billion Boe, More Than 17x Greater than Current Bakken Proved Developed Reserves OKLAHOMA CITY, Sept. 17, 2014 /PRNewswire/ -- Continental Resources, Inc. (the "Company") (NYSE: CLR) plans to conduct its 2014 Investor and Analyst Day meeting tomorrow, Thursday, September 18, 2014 at 8:00 a.m. CT. An audio webcast and presentation materials will be available before 8:00 a.m. CT on the day of the event and can be found on the Company's website...

2014-09-17 16:23:21

HOUSTON, Sept. 17, 2014 /PRNewswire/ -- Hyperdynamics Corp. (NYSE: HDY) announced today the resignation of Lord David Owen as a member of its Board of Directors. Lord Owen also served on the Nominating and Corporate Governance and Governmental Relations committees of the Board. Ray Leonard, Hyperdynamics' President and CEO, commented, "Hyperdynamics has been fortunate to have had Lord Owen as a director since September 2009. Lord Owen's expertise in international government...

2014-09-16 04:20:32

TSX: TAOOTCQX: TAOIF VANCOUVER, Sept. 16, 2014 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF), reports the Company has agreed that after encountering extreme drilling conditions, including high pressure shallow hydrocarbon zones, in the interest of safety, the surface section of the Waitangi Valley-1 well, located in Petroleum Exploration Permit 38348, will be plugged and abandoned. CEO Garth Johnson commented; "Waitangi Valley-1 encountered very high hydrocarbon zone...

2014-09-15 16:23:36

SALT LAKE CITY, Sept. 15, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that the Lisewo-2 well has started production at an initial gross rate of over 3 million cubic feet of gas per day (Mmcf/d). The Company's 49% share of this new production represents a 12% increase over the Company's average daily rate of 12.9 Mmcf/d equivalent during the first half of 2014. The Lisewo-2 well was completed in December 2013 and started delivering gas to the Lisewo facility just...

2014-09-08 12:22:52

Growing Industry Support Affirms Integrated Concept TULSA, Okla., Sept. 8, 2014 /PRNewswire-USNewswire/ -- The Society of Petroleum Engineers (SPE), the American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG) announced an attendance of more than 5,000 oil and gas professionals at the 2(nd) Unconventional Resources Technology Conference (URTeC) held 25-27 August at the Colorado Convention Center in Denver, CO. More than 230 companies also...

2014-09-03 08:24:51

HOUSTON, Sept. 3, 2014 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) today announced the execution of a non-binding Letter of Intent (LOI) to supply natural gas from the Leviathan field, offshore Israel, to the National Electric Power Company Ltd. (NEPCO) of Jordan. Under terms of the LOI, Noble Energy and the Leviathan partners will supply a base gross quantity of 1.6 trillion cubic feet (Tcf) of natural gas from the Leviathan field over a 15-year term. Sales volumes under the...

2014-09-03 08:24:11

Full Resumption of Production, Sales, Development Drilling and Facilities Construction at Demir Dagh CALGARY, Sept. 3, 2014 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Group") today announces an update for its operations in the Hawler license area of the Kurdistan Region of Iraq ("Kurdistan Region"). Commenting today, Oryx Petroleum´s Chief Executive Officer, Michael Ebsary, stated: "We are very pleased that tangible improvements to the security...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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