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Latest Natural resources Stories

2013-12-10 08:23:38

WAYZATA, Minn., Dec. 10, 2013 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE MKT: NOG) ("Northern") is providing a drilling and completion update for the month of November 2013. DRILLING AND COMPLETIONS UPDATE During the month of November, Northern participated in 62 gross (4.8 net) wells that were completed and placed into production. Through the first two months of the fourth quarter, Northern had completed 127 gross (9.5 net) wells. These additions bring Northern's...

2013-12-09 08:23:42

HOUSTON, Dec. 9, 2013 /PRNewswire/ -- Liberty Energy Corp. (OTCQB: LBYE) ("Liberty" or "the Company") an independent oil and gas company targeting onshore Texas oil conventional plays with a current focus on the Fort Worth Basin, today announced that the Company has executed terms on the acquisition of producing oil & gas leases in Archer County, Texas. The Archer County lease covers 140 Acres with 21 oil wells and 2 injection wells. The lease has current production of a range...

2013-12-04 08:24:45

HOUSTON, Dec. 4, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Tidewater Subsea (Tidewater) to supply a fleet of six work-class ROV systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies' Schilling Robotics business unit and are expected to be delivered before the end of 2013. The contract value is approximately $30 million in revenue. FMC Technologies will supply integrated Heavy...

2013-11-27 08:21:38

PLAN INCLUDES DRILLING UP TO 12 HORIZONTAL WELLS IN 2014 AUSTIN, Texas, Nov. 27, 2013 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today announced that it has entered into a Joint Exploration Agreement with Riley Exploration Group of Blanchard, OK. Under the terms of the agreement, the companies plan to pool their interests within geographical boundaries of the Serbin Field located in Lee and Bastrop Counties, Texas (the Area of Mutual Interest, or AMI), and to...

2013-11-21 16:23:00

HOUSTON, Nov. 21, 2013 /PRNewswire/ -- Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) today announced that the Mid-Con 6H well in its Hunton Limestone oil play reached a peak 24-hour gross initial production ("IP") rate of 1,442 barrels of oil equivalent ("BOE") per day and averaged 1,133 BOE per day (86% crude oil) over the last 10 days. The Mid-Con 6H well was completed in early October and reached peak production 45 days after flow-back operations commenced. The well...

2013-11-19 08:23:17

HOUSTON, Nov. 19, 2013 /PRNewswire/ -- Deep Down, Inc. (OTCQX: DPDW) ("Deep Down"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced today it has received orders for Steel Tube Flying Leads and associated services in the Gulf of Mexico and West Africa. (Logo: http://photos.prnewswire.com/prnh/20121204/LA23242LOGO) The first order is for fourteen (14) steel flying leads and ancillary...

2013-11-15 08:21:38

BROSSARD, QC, Nov. 15, 2013 /CNW Telbec/ - Ressources et Energie Squatex Inc. (¨Squatex¨) is pleased to announce the discovery of a significant reservoir rock which could contain a large quantity of conventional natural gas in the Lower St. Lawrence area. While carrying a stratigraphic coring program which started in 2010 to evaluate the oil and gas potential of its licences, important porous dolomitized limestone zones of hydrothermal origin containing gas (89%Methane) were met...

2013-11-12 12:22:43

HARRISBURG, Pa., Nov. 12, 2013 /PRNewswire-USNewswire/ -- Advanced deterioration and escalating rehabilitation costs will force breaching of the dam that once formed Gunter Valley Reservoir in Franklin County, the Department of Conservation and Natural Resources (DCNR) announced today. Built in the early 1960s, the dam across Trout Run in Tuscarora State Forest was beset with concrete cracking and seepage. The 26-acre lake once formed by the high-hazard dam was drained by DCNR in...

2013-11-12 12:22:28

HOUSTON, Nov. 12, 2013 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that Gary Rich, president and chief executive officer, will present at the Barclays Select Series 2013: Select Growth Conference in New York, NY. The Company's presentation is scheduled to begin at 1:10 p.m. EST (12:10 p.m. CST) on Tuesday, Nov. 19. (Logo: http://photos.prnewswire.com/prnh/20050620/PARKERDRILLINGLOGO) A link to the live presentation and copies of supporting materials that...

2013-11-06 00:20:18

PARIS, November 6, 2013 /PRNewswire/ -- Signs of continued improvement in offshore vessel demand Revenues up 8.6% vs. 3rd quarter 2012 and up 12.2% vs. first nine months 2012 partly as a result of contract renewals at improved rates - Revenue increased 8.6% versus third quarter 2012 benefiting from fleet increases and steady utilization rates -...