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Last updated on April 24, 2014 at 17:35 EDT

Latest oil reserves Stories

2013-06-04 08:23:31

Ernst & Young's 6th annual US oil and gas reserves study reveals oil and gas producers boosted 2012 capital expenditures and production despite lower profits HOUSTON, June 4, 2013 /PRNewswire/ -- US oil and gas producers significantly increased exploration, development and acquisition spending in 2012 despite a 58% decline in after-tax profits that was largely driven by low natural gas prices, according to Ernst & Young's US oil and gas reserves study. The study analyzes US...

2013-05-09 12:23:58

HOUSTON, May 9, 2013 /PRNewswire/ - Enhanced Oil Resources Inc. (TSX.V: EOR; OTCQX: EORIF) (EOR or the "Company") is pleased to provide the following update regarding the Company's year-end 2012 oil and gas reserves and operations results for the first quarter of 2013. The Company's key business objectives for 2013 are to continue our focus towards increasing oil production and oil reserves at the Crossroads and Milnesand oil fields, to further evaluate the infill potential at the...

2013-05-03 08:22:26

HOUSTON, May 3, 2013 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will release financial results for its 3(rd) quarter of Fiscal 2013 after the market closes on Tuesday, May 7, 2013. An investor conference call to review the results will be held on Wednesday, May 8, 2013 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, Chairman and CEO, Sterling McDonald, Chief Financial Officer, and Daryl Mazzanti, Vice...

2013-05-01 16:25:36

HOUSTON, May 1, 2013 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of May 2013 and is payable on May 31, 2013 to holders of record at the close of business on May 15, 2013. The payment will be 1/12(th) of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference....

2013-04-30 08:23:52

CALGARY, Alberta, April 30, 2013 /PRNewswire/ -- Madalena Ventures Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide information on the Company's unconventional shale resources on its three land blocks within the Neuquen basin, Argentina. These resources were evaluated by Ryder Scott Petroleum Consultants Ltd. ("Ryder Scott") in a report dated effective December 31, 2012 (the "Resource Report"). All of the Company's international properties, which are...

2013-04-23 20:20:35

HOUSTON, April 23, 2013 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will present at the Burkenroad Reports Investment Conference to be held Friday, April 26, 2013 at the Westin New Orleans Canal Place Hotel in New Orleans. Robert S. Herlin, President and Chief Executive Officer, is scheduled to make a presentation at 9:30 a.m. Central Time. The presentation will be webcast live over the internet and can be accessed from...

2013-04-12 16:22:26

HOUSTON, April 12, 2013 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) announced today that it will present at the IPAA OGIS conference in New York City, to be held at the Sheraton New York at Times Square. Robert S. Herlin, President and Chief Executive Officer, is scheduled to make a presentation at 10:30 a.m. Eastern Time. He will be accompanied by Sterling McDonald, Chief Financial Officer. The presentation will be webcast live over the internet and can be...

2013-04-04 08:22:07

HOUSTON, April 3, 2013 /PRNewswire/ -- Harvest Natural Resources, Inc. (NYSE: HNR) (the "Company") today provided an operational update for its 32-percent-owned Venezuelan affiliate, Petrodelta, S.A. (Petrodelta) as well an update on Harvest's international exploration activity, reserves and corporate and financial reporting matters. VENEZUELA Total proved plus probable reserves on December 31, 2012, net to Harvest's 32 percent share of Petrodelta, were 100.23 million barrels of oil...

2013-04-02 16:23:00

HOUSTON, April 2, 2013 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of April 2013 and is payable on April 30, 2013 to holders of record at the close of business on April 15, 2013. The payment will be 1/12(th) of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference....

2013-03-27 20:22:43

CALGARY, Alberta, March 27, 2013 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company") (TSX: OER) is pleased to announce that, further to its press release dated September 17, 2012, it has signed binding documentation ("Final Agreements") with Oando Plc ("Oando"), to indirectly acquire, from Oando, equity interests in Oando Qua Ibo Limited ("OQI"), a Nigerian company established to hold a 40% participating interest in the Qua Ibo Marginal Field within Oil Mining...