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Last updated on April 25, 2014 at 5:23 EDT

Latest Lea County Stories

2013-09-20 20:20:17

MIDLAND, Texas, Sept. 20, 2013 /PRNewswire/ -- Mexco Energy Corporation (NYSE MKT: MXC) today announced developments regarding certain oil and gas properties in New Mexico and Texas. Mexco Energy Corporation ("Mexco") has entered into an agreement with Concho Resources, Inc. ("Concho") to develop the Bone Spring formation using horizontal drilling and multi-stage fracture stimulation on acreage in southwestern Lea County, New Mexico. The first two horizontal wells of twelve...

2013-05-13 08:23:30

AUSTIN, Texas, May 13, 2013 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT: FPP) announced today that, with its industry partners, drilling has begun on the Irby #1 vertical Wilcox test well that will be drilled to a depth of approximately 8,900 feet to the prospective reservoir. If successful, the well should be drilled and completed within the next 60 to 90 days and FPP will own a 10% working interest in the well. FPP also announced that it has signed an operating agreement...

2011-12-20 18:00:00

January 12-13, 2012, Lea County Event Center, Hobbs, NM, EnergyPlex Conference Series 2012 HOBBS, N.M., Dec. 20, 2011 /PRNewswire-USNewswire/ -- On January 12 and 13, the Economic Development Corporation of Lea County and the New Mexico Tech University's New Mexico Center for Energy Policy will kick off the EnergyPlex Conference 2012 Series with Shale Gas & Conventional Gas: From Pennsylvania to New Mexico. This conference will discuss the issues surrounding the development of shale...

2011-08-24 08:15:00

HOBBS, N.M., Aug. 24, 2011 /PRNewswire/ -- International Isotopes Inc. (OTC Bulletin Board: INIS), a leading manufacturer of nuclear medicine products, is pleased to announce that it has completed the process for the receipt of property transferred from the State of New Mexico and Lea County to the Company. The Company now holds title to the property consisting of 640 acres located about ten miles west of Hobbs, NM. and about 25 miles from the URENCO USA enrichment facility in Eunice, NM....

2011-04-18 14:23:00

HOBBS, N.M., April 18, 2011 /PRNewswire-USNewswire/ -- Former Senator Pete V. Domenici will be the key note speaker at the Uranium Fuel Cycle Conference, April 27 in Hobbs, N.M. The N.M. Center for Energy Policy, which is a division of New Mexico Tech, in partnership with the Economic Development Corporation of Lea County and New Mexico Junior College, is organizing the conference to bring together leaders in nuclear-related mining, energy and waste management. Domenici has long been...

2009-08-18 12:47:00

WASHINGTON, Aug. 18 /PRNewswire-USNewswire/ -- Bill Melot, a resident of Hobbs, N.M., appeared in federal court today before Magistrate Karen B. Molzen in Las Cruces, N.M., on tax and false statement charges, the Justice Department and Internal Revenue Service (IRS) announced. Melot, a farmer who owns approximately 250 acres in Lea County, N.M., was charged with tax evasion, failing to file tax returns, corruptly impeding the IRS, and making false statements to the U.S. Department of...

2009-03-31 08:25:00

IDAHO FALLS, Idaho, March 31 /PRNewswire-FirstCall/ -- International Isotopes Inc. (OTC Bulletin Board: INIS) announces its selection of a site in Lea County, New Mexico, for the construction of International Isotopes' depleted uranium de-conversion and fluorine extraction processing facility. The site location is approximately 15 miles west of Hobbs, NM. INIS announced it's plans to construct the de-conversion facility in 2008 and has since been working on site selection, plant design, and...

2008-07-16 09:01:11

Arena Resources, Inc. (NYSE: ARD) ("Arena" or the "Company") today announced its operations update for the second quarter of 2008. During the second quarter, Arena drilled a total of 52 new wells, all of them being on its Fuhrman Mascho lease in Andrews County, Texas. In addition, the Company re-stimulated 12 existing wells on its Fuhrman Mascho lease. Sales for the quarter ended June 30, 2008 were approximately 562,000 BOE (Barrel of Oil Equivalents), as compared to sales of 385,318 BOE...