Latest Oil reserves in the United States Stories
CALGARY, June 11, 2013 /PRNewswire/ - Madalena Ventures Inc. (the "Company" or "Madalena" (TSX VENTURE: MVN) is pleased to provide the following update: International Update - Curamhuele Block Extension Following an application and approval process through the first half of 2013, the exploration period for Madalena's 90% W.I. Curamhuele block has been extended by way of an official decree signed by the Province of Neuquén in Argentina. This one year extension until...
WASHINGTON, June 16, 2011 /PRNewswire-USNewswire/ -- Legislation designed to speed the opening of the National Petroleum Reserve-Alaska to production of oil and natural gas should be approved as part of a larger effort to make more U.S. energy resources available to serve the American people, the president of NPRA, the National Petrochemical & Refiners Association, testified today before a congressional committee. (Logo: http://photos.prnewswire.com/prnh/20110309/MM60639LOGO) NPRA...
CUSIP # 678046 10 3 NYSE Amex: BQI CALGARY, May 17 /PRNewswire/ - Oilsands Quest Inc. (NYSE Amex: BQI) ("Oilsands Quest," "OQI" or "the Company") today released new independent resource estimates for its Wallace Creek property, which support the Company's view that Wallace Creek has the potential to support a 30,000 barrel-per-day commercial oil sands project. The estimates were prepared by McDaniel & Associates Consultants Ltd. ("McDaniel"), at the request of...
The U.S. Geological Survey assessment on the economic recoverability of undiscovered, conventional oil and gas resources within the National Petroleum Reserve in Alaska (NPRA) and adjacent state waters is now available online. This economic analysis is based on a 2010 USGS resource assessment that determined how much undiscovered, conventional oil and gas in the NPRA is technically recoverable. These reports provide updates from the USGS 2003 economic analysis and 2002 resource assessment of...
DENVER, May 10 /PRNewswire-FirstCall/ -- Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company"), a global energy company focused on acquiring, exploring and developing acreage positions of unconventional and conventional oil and gas resources, today announced the results of the recently completed Ryder Scott Company-Canada Resource Report, dated May 3 2010, on the Beetaloo Basin Project in the Northern Territory (NT), Australia (the "Beetaloo Basin Project") entitled "Falcon Oil...
ENID, Okla., Feb. 25 /PRNewswire-FirstCall/ -- Continental Resources, Inc. (NYSE: CLR) completed fiscal 2009 with strong operating results for the fourth quarter, generating net income of $49.5 million, or $0.29 per share, compared with net income of $416,000, or $0.00 per diluted share, for the fourth quarter of 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20080505/LAM014LOGO) Harold Hamm, Chairman and Chief Executive Officer, said the strong fourth quarter 2009 results position...
DENVER, Oct. 27 /PRNewswire-FirstCall/ -- Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company"), a global energy company focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources, announced that Ryder Scott Company provided a letter to Falcon, dated October 23, 2009 (the "Letter"), which supports the Ryder Scott Company-Canada Resource Analysis Report, dated August 5, 2009, effective date July 1, 2009...
DENVER, Aug. 18 /PRNewswire/ -- Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company"), a global energy company focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources, today announced the results of the recently completed Ryder Scott Company-Canada Resource Analysis Report ("Report") on the Company's Beetaloo Basin Project in the Northern Territory (NT), of Australia as of July 1, 2009. Based on all available...
By Jerry Shottenkirk Crude oil prices have been on a solid decrease, but Continental Resources isn't flinching. The Enid-based oil producer on Thursday said it has added 36,000 net acres to its already dominant standing in the Bakken Shale area of the northern United States. Continental increased its share of the area to 577,000 net acres and is the largest player in the area. Others include EOG, XTO, Hess, Marathon, Whiting and ConocoPhillips. Crude oil topped out at more than $147.37...
Woodside Petroleum has announced that production has begun from the company-operated Vincent oil project off North West Cape, Western Australia. Vincent is in production license WA-28-L and has estimated recoverable reserves of about 73 million barrels of oil. It was discovered by Woodside in 1998 and is being developed in phases. The hook-up, testing and commissioning of the Maersk Ngujima-Yin floating production storage and offloading facility has been completed, and over the coming weeks...
