Latest Hydrocarbon exploration Stories

Beach to fund 100% of an AUD$11.5 million drilling and 3D seismic program to earn 50% CALGARY, May 23, 2013 /CNW/ - Bengal Energy (TSX: BNG) ("Bengal", or the "Company") is pleased to announce that it has agreed to form a strategic joint venture (the "JV") for the exploration and development of its 100% owned Tookoonooka Block ("ATP 732") in the Cooper Basin of Australia with Beach Energy Ltd. ("Beach"), an Australian energy company (ASX: BPT). Highlights: --...

HOUSTON, May 22, 2013 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) announced today a natural gas discovery at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783 feet and encountered 184 feet of net natural gas pay in high-quality lower Miocene sands. The Karish well, located in the Alon C license approximately 20 miles northeast of the Tamar field, is in 5,700 feet of water. Discovered gross resources, combined with the de-risked...

TORONTO, May 21, 2013 /CNW/ - Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V: EOG, NSX: EOG) provides technical interpretation of recent oil proven by HRT Participações em Petróleo S.A ("HRT") in the Walvis Basin and announces appointment of David Dudkiewicz as Corporate Secretary of the Company. HRT announced last night the results from drilling its Wingat-1 Prospect which confirmed that the well established two different source rocks, and proved...

SALT LAKE CITY, May 21, 2013 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that the Tuchola-3K well flowed gas at rates ranging from 3.8 to 5.5 million cubic feet of gas per day with no water during a production test. The Company plans to collect the final data from the downhole pressure gauges and finish completing the well for production. "The Tuchola-3K test raises the real possibility of opening a significant new exploration play for us in Poland," said David Pierce,...

SPOKANE, Wash., May 20, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the third well in the current drilling program at the East Slopes Project in Kern County, California. The Sunday #5 well was drilled to 2,044 feet and encountered approximately 20 feet of oil pay in the Vedder Sand. The Company owns a 37.5% working interest in the Sunday #5 well. This drilling rig has...

CALGARY, Alberta, May 16, 2013 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil exploration and production in Nigeria, today announced results from the successful completion and testing of the Ebendo 5 well. The completion and testing of the Ebendo 5 well, which is expected to contribute an additional 2,500 barrels of oil per day ("bopd") gross (1,069 bopd net to OER), follows the successful resumption of 3,200 bopd gross (1,368 bopd...

Expands Land Position in Recôncavo Basin With Successful bids on Three Blocks in ANP Bid Round 11 CALGARY, May 16, 2013 /PRNewswire/ - Gran Tierra Energy Inc. (NYSE MKT: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today announced successful bids on three blocks in the recently completed 2013 Brazil Bid Round administered by Brazil's Agência Nacional de Petróleo, Gás Natural e Biocombustíveis  ("ANP").  The open and competitive...

CALGARY, Alberta, May 16, 2013 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER), a company focused on oil exploration and production in Nigeria, today announced that it will hold a conference call to discuss the operational and financial results for the quarter ended March 31, 2013. The conference call is scheduled for Friday, May 17, 2013 at 12:00 PM Eastern Daylight Time (10:00 AM Mountain Daylight Time). Mr. Pade Durotoye, Chief...

TORONTO, May 16, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce today that it has been awarded three blocks in Brazil's 11th Bid Round (the "Bid Round") organized by the Agencia Nacional do Petróleo, Gás Natural e Biocombustíveis of Brazil ("ANP"). The Company participated in the Bid Round through its wholly-owned subsidiary, Pacific Brasil Exploração e Produção de Óleo e Gás Ltda. The blocks awarded to the...

CALGARY, May 16, 2013 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX:OER), a company focused on oil exploration and production in Nigeria, today announced financial and operating results for the quarter ended March 31, 2013. The unaudited financial statements, notes and management's discussion and analysis (MD&A) pertaining to the period are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at http://www.sedar.com...