Latest oil and gas Stories

INVER GROVE HEIGHTS, Minn., May 15, 2013 /PRNewswire/ -- Blue Earth Resources, Inc. (OTCPINK: BERI), through its wholly-owned Petro Resources subsidiary, has completed a material expansion of its Louisiana acquisition announced on May 8, 2013. The initial acquisition involved a 37.5% WI (working interest) in Spider Field leases in DeSoto Parish, LA. BERI has now acquired an additional 25% WI in these 14 Spider Field wells for consideration of 8 Million shares of restricted common...

LONDON, May 7, 2013 /PRNewswire/ -- The bi-annual Oil & Gas Global Capital Confidence Barometer released today highlights that nearly half (44%) of the 152 oil and gas company executives surveyed believe the global economic situation is improving, up from 27% in October 2012. Notably, oil and gas companies are generally more optimistic than the broader global sample of 1,600 respondents in 50 countries. However, only 27% of the respondents expect to undertake any M&A...

WASHINGTON, May 2, 2013 /PRNewswire-USNewswire/ -- A new organization comprised of National Park Rangers introduced itself to the country, Monday. Park Rangers for Our Lands (PROL), the brainchild of leader Ranger Ellis Richard, will work to create public awareness of the threats America's current drilling policies pose to National Parks. Richard created the organization after hearing numerous stories from rangers serving in Western parks of how oil and gas drilling is encroaching...

Announces Completion of Five New Wells AUSTIN, Texas, April 30, 2013 /PRNewswire/ -- Victory Energy Corporation (OTCQB: VYEY), an independent, growth oriented oil and gas company, today provided a drilling operations update on key properties for Aurora Energy Partners ("Aurora") which the Company manages and in which it owns a 50 percent interest. Three new wells have been placed on production since the beginning of the year: Cotter #1 (Lightnin'), Morgan #1 and University 7 #1...

OTTAWA, April 29, 2013 /PRNewswire/ - Neptec Technologies Corp., a spin-out of Neptec Design Group Ltd., an award-winning space flight technology company and NASA Prime Contractor, today announced that it will be exhibiting its new OPAL-360 series of obscurant-penetrating 3D laser scanners at the Planetary and Terrestrial Mining Sciences Symposium, held in conjunction with the Canadian Institute of Mining 2013 Convention, at the Metro Toronto Convention Centre from May 5 to 8....

Current Production is in Excess of 6,000 BOE/d HOUSTON, April 23, 2013 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN), a fast growing independent oil and gas company targeting the liquids-rich Eagle Ford Shale, Pearsall Shale, Austin Chalk, and Buda Limestone, today provided an operations update on the Company's activities. Summary Highlights Estimated first quarter 2013 production of 355 MBOE, an increase of 106% over the previous quarter and an increase of 320% as...

HOUSTON, April 18, 2013 /PRNewswire/ -- The National Law Journal has named Burleson LLP to its "Midsize Hot List," focusing on the Houston-based energy law firm's rapid growth since 2009 and the ever-expanding range of capabilities it brings to oil and gas companies. The Journal chose just 20 firms for the list. In the accompanying feature story, it said the selected firms "in no way are stuck in the shadows cast by their giant competitors" and added that they are defined by a "keen...

HOUSTON, April 16, 2013 /PRNewswire/ -- Torchlight Energy Resources, Inc. (OTCBB:TRCH), an independent oil and gas company headquartered in Houston, Texas, released their year-end 2012 oil and gas reserves report, which was prepared by Netherland, Sewell & Associates, Inc. in accordance with the definitions and regulations of the Securities and Exchange Commission. The reserves report covers only the Marcelina Creek Field located in Wilson County, TX where the Company currently...

HOUSTON, April 12, 2013 /PRNewswire/ -- CAMAC Energy Inc. (NYSE MKT: CAK), a U.S.-based energy company engaged in the exploration, development and production of oil and gas in Africa, today announced a net loss of $2.9 million, or $0.02 per diluted share for the quarter ended December 31, 2012. For the same period in 2011, CAMAC Energy reported a net loss of $1.7 million, or $0.01 per diluted share. For the year ended December 31, 2012, CAMAC Energy reported a net loss of $6.1...

MINOT, N.D., April 10, 2013 /PRNewswire/ -- The 3(rd) Annual Bakken Investor Conference brings together oil and gas companies and investors along with real estate developers and investor to connect and explore emerging investment opportunities in the Bakken Shale play. The conference affords the attendees the advantage to: Discover high-growth investment opportunities. Identify investments with unique revenue models. Obtain the latest data on market conditions and development...