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2014-07-08 08:33:53

CALGARY, July 8, 2014 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the fifth well in its 2014 Work Plan and Budget (the "2014 WP&B") has now spud and drilling is underway. The OzEpsilon-1 well is a vertical exploration well located in Exploration Permit 128. This is the fifth and final vertical test well to be drilled as part of the 2014 WP&B. All wells will include an extensive open hole evaluation program and up to...

2014-06-10 12:23:04

ST. JOHN'S, June 10, 2014 /CNW/ - The Research & Development Corporation (RDC) and Statoil Canada Ltd. are pleased to announce a collaborative investment in three new research and development projects with the potential to improve Arctic and harsh-environment offshore oil and gas operations in Newfoundland and Labrador and around the world. The total value of the projects is $3.9 million, including $2.4 million from Statoil Canada and $1.5 million from RDC. "This collaborative initiative...

2014-05-06 20:22:11

HOUSTON, May 6, 2014 /PRNewswire/ -- Statoil (OSE: STL, NYSE: STO) executive vice president for its North American operations Bill Maloney said today that the company has set a goal of recovering an average of 70% of the oil in its Johan Sverdrup field in the Norwegian continental shelf. "We've set a very large goal for oil recovery for Johan Sverdrup," says Maloney. "With the right technology and ingenuity, we believe 70% is achievable over the life of the field for this giant...

2014-05-06 20:22:09

HOUSTON, May 6, 2014 /PRNewswire/ -- Statoil (OSE: STL, NYSE: STO) announced today that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April. http://photos.prnewswire.com/prnvar/20140506/85098 "We consider Martin one of the top prospects in our global portfolio," says Jez Averty, senior vice president of exploration for Statoil in North America. "Since acquiring this prospect in 2012, we've advanced it in 20...

2014-05-05 23:03:23

Hart Energy's Offshore Executive Conference: Gulf of Mexico offers a strategic in-depth look at key happenings in the Gulf, emerging plays in both deep and shallow waters, as well as significant technologies and market trends. The day-long event is set for October 16, 2014, at The Westin Houston, Memorial City in Houston, Texas. Houston, Texas (PRWEB) May 05, 2014 Gulf of Mexico crude oil reserves will provide steady U.S. crude oil production from 2015 to 2040 thanks to upcoming...

2014-02-04 16:24:04

LAFAYETTE, La., Feb. 4, 2014 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today the appointment of Edward E. Abels, Jr. as Executive Vice President - General Counsel and Corporate Secretary, effective February 1, 2014. He will be based in PetroQuest's Corporate Headquarters in Lafayette, Louisiana. Prior to joining PetroQuest, Mr. Abels acted as General Counsel for Texas Crude Energy, LLC, was a shareholder at Greenberg Traurig, LLP in Houston, Texas and held various...

2014-02-04 08:24:22

HOUSTON, Feb. 4, 2014 /PRNewswire/ -- As part of the company's Heroes of Tomorrow Program, Statoil will sponsor the Stars Over Texas Stage and Rodeo Rockstar competition at this year's Houston Livestock Show and Rodeo(TM) (HLSR). Statoil's Heroes of Tomorrow program focuses on supporting talented young people in sports, culture and STEM (Science, Technology, Engineering and Math) to help them become heroes of tomorrow. "For the last three years Statoil has sponsored The Hideout at...

2013-11-21 23:02:52

Reportbuyer.com just published a new market research report: The Aluminium Market Analysis, Financials and Forecasting 2013-2023. London (PRWEB) November 21, 2013 Report Details The previous year has seen a continuation of volatility in aluminium market prices, with prices increasing from $1843 per tonne in August 2012, to a high of $2087 per tonne in December 2012, to current prices of $1842 per tonne. At current market prices, visiongain estimates that 33% of aluminium producers are...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.