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Last updated on April 21, 2014 at 9:29 EDT

Latest Hydrocarbon exploration Stories

2014-04-21 08:22:09

SALT LAKE CITY, April 21, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported today that it has completed a successful production test of the Tuchola-4K well. With 70 meters of the well open, gas was allowed to flow on three different chokes for several hours each, concluding with a twelve-hour flow. The three chokes were selected to limit production rates to approximately 5 million, 7.5 million and 10 million cubic feet of gas per day, respectively. At the conclusion of the...

2014-04-18 00:20:37

CALGARY, April 18, 2014 /PRNewswire/ -- Oando Energy Resources Inc. ("Oando Energy Resources" or the "Company") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced that, further to its press release dated March 28, 2014, the Company has paid a previously agreed upon deposit of $25 million for the extension of the outside completion date for the acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips (NYSE:...

2014-04-15 08:23:08

Reports Production Status on Fences Area Wells SALT LAKE CITY, April 15, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) reported that the Tuchola-4K well reached its primary objective, the lower Zechstein Ca1 formation at 2,740 meters, approximately 60 meters high to last year's Tuchola-3K well. The Tuchola-4K well was then cored and drilled to 2,810 meters, its current depth, with strong gas shows observed throughout. This 70 meter interval was then logged, showing gas...

2014-04-14 12:23:57

AUSTIN, Texas, April 14, 2014 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today reported that drilling of the second well in the Ranger Project has been completed ahead of schedule and plans to complete the well are underway. FieldPoint President, Phillip Roberson, stated, "We are pleased to announce the successful completion of the drilling phase of our second horizontal Taylor Serbin well, the Ranger 11A-1H. The well was drilled according to plan, with a...

2014-04-14 12:22:55

HOUSTON, April 14, 2014 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced the completion of its Blades 33H-1 (66.7% WI) well in Tangipahoa Parish, Louisiana. The well has achieved a peak 24-hour average production rate to date of 1,270 barrels of oil equivalent ("BOE") per day, comprised of 1,250 barrels of oil and 115 Mcf of gas on a 14/64 inch choke from an approximate 5,000 foot lateral. The well landed in the Company's lower target, was drilled and...

2014-04-11 08:21:51

CAMARILLO, CA, April 11, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce that the syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including GMP Securities L.P., TD Securities Inc., and Cormark Securities Inc. has exercised its over-allotment option to purchase an additional 900,000 common shares of the Company at a price of $2.20 per share for gross proceeds of $1,980,000. The over-allotment option was...

2014-04-08 08:24:37

Average Quarterly Production 19,900 bopd CALGARY, April 8, 2014 /PRNewswire/ - Bankers Petroleum Ltd. (Bankers or the Company) (TSX: BNK, AIM: BNK) is pleased to announce the Company's first quarter operational update. Production, Sales and Oil Prices Average production from the Patos-Marinza oilfield in Albania for the first quarter of 2014 was 19,911 barrels of oil per day (bopd), 3.2% higher than 19,303 bopd in the fourth quarter of 2013. Oil sales during the quarter...

2014-04-08 00:21:47

CAMARILLO, CA, April 7, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is providing an update on its Polish shale gas project as well as its Tishomingo Field, Caney oil shale operations in Oklahoma. Poland The fracture stimulation design for the first portion of the Gapowo B-1 well has been finalized, subcontractors have been selected and construction of surface equipment and water storage facilities are complete. The fracture stimulation equipment...

2014-04-03 08:23:25

"Powering America" will examine all aspects of energy, the environment and important issues affecting America's oil and gas industry. DALLAS, April 3, 2014 /PRNewswire/ -- Breitling Energy Corporation (OTC: BECC) (the "Company") today announced that its Chief Executive Officer, Chris Faulkner, will host Powering America, a weekly Sunday morning talk show on KFWB News Talk 980 broadcasting live from Los Angeles, California. Mr. Faulkner and his co-host Thomas Miller will speak with...

2014-04-03 04:20:16

THE HAGUE, April 3, 2014 /PRNewswire/ -- - Eastern Africa: The fast emerging oil and gas frontier region With a 35+ year track record in and on Africa, Global Pacific & Partners hosts this landmark meeting on Eastern Africa. Now in its 5th year, Global Pacific & Partners invites you to this annual event held in Nairobi, Kenya, providing unrivalled new insights into the upstream opportunities, open acreage, bid rounds, new ventures, oil/gas investments, key...