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Latest oil reserves Stories

2014-08-14 20:21:33

HOUSTON, Aug. 14, 2014 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a quarterly dividend of $0.10 per share of common stock and further reported year-end reserves as of June 30, 2014 with comparisons to the prior year. Dividend A cash dividend of $0.10 per share of common stock will be paid on September 30, 2014 to common stockholders as of September 15, 2014. At this time, we are uncertain as to the tax treatment of this dividend. Dividends during Fiscal...

2014-07-16 20:22:05

LONDON, July 16, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:Pressure Pumping Market by Types (Hydraulic Fracturing, Cementing, Others), North America Resource Type (Conventional, Unconventional), North America Well Type (Horizontal, Vertical) & Geography - Global Trends & Forecasts to...

2014-07-15 16:23:32

DENVER, July 15, 2014 /PRNewswire/ -- -- Mid-year 2014 proved reserves increased by 19% to 9.1 Tcfe (13% liquids) from year-end 2013 -- Proved developed reserves increased by 37% to 2.8 Tcfe (12% liquids) -- Pre-tax PV10 of proved reserves including hedges increased by 28% to $9.0 billion -- 3P reserves increased by 7% to 37.5 Tcfe (15% liquids) -- Pre-tax PV10 of 3P reserves including hedges increased by 24% to $26.4 billion -- Utica...

2014-06-24 08:23:54

HOUSTON, June 24, 2014 /PRNewswire/ -- EY's seventh annual US oil and gas reserves study reveals multiple indicators that the US oil and gas industry is emerging from years of volatility prompted by the global financial crisis and subsequent recession. While there was a slight decrease in capital spending, US oil and gas reserves each increased by 9% in 2013, oil prices remained strong and natural gas prices showed improvement. The annual study looks at US exploration and production...

2014-06-09 08:23:26

Key well targeting substantial up-dip potential of the Banan Discovery CALGARY, June 9, 2014 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") today announces that the Banan-2 appraisal well ("BAN-2") has been spudded in the Hawler license area in the Kurdistan Region of Iraq. Oryx Petroleum is the operator and has a 65% participating and working interest in the Hawler license area. Commenting today, Henry Legarre, Oryx Petroleum's Chief...

2014-05-05 08:22:34

VANCOUVER, May 5, 2014 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF) announces that the Gisborne District Council has granted TAG consent to drill the Waitangi Valley-1 well (TAG 100%), located in Petroleum Exploration Permit 38348 in the East Coast Basin, New Zealand. Earthwork activities are already underway to build an access road and drilling pad, with construction expected to be fully complete and drilling rig mobilized to the site by the end of June. Waitangi Valley-1 will...

2014-04-29 08:27:49

TSXV Trading Symbol: MVN CALGARY, April 29, 2014 /PRNewswire/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide selected financial and operational information for the three months and year ended December 31, 2013 and the Company's 2013 year end reserves. Copies of the Company's consolidated financial statements for the year ended December 31, 2013, the related management's discussion and analysis and the Annual Information Form (the...

2014-04-21 20:20:49

HOUSTON, April 21, 2014 Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will release its third quarter 2014 financial results after the market closes on Wednesday, May 7, 2014. An investor conference call to review the results will be held on Thursday, May 8, 2014 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, Chairman and CEO and Randy Keys, Senior Vice President and CFO. Date: Thursday, May 8, 2014...

2014-04-13 23:00:28

Kurdistan region 'Iraq', — Iraq's largely autonomous Kurdistan region opened the doors to a joint venture refinery operation between Black Diamond Oil Co. and the Rezhwan Co. The new oil refinery will start refining Taq Taq crude oil next week with 1,500 tons being refined on a daily bases. Erbil Kurdistan (PRWEB) April 13, 2014 Kurdistan region 'Iraq', — Iraq's largely autonomous Kurdistan region opened the doors to a joint venture refinery operation between...

2014-03-13 08:24:24

2013 a Transformational Year with Growth Accelerating in 2014 CALGARY, March 13, 2014 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") (TSX: OXC) today announces its financial and operational results for the year ended December 31, 2013. Highlights: -- A 2013 net loss of $185.8 million ($2.04 per share) vs $58.5 Million ($2.10 per share) in 2012, due to extensive exploration and appraisal activity, including...


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