Latest Oil well Stories

HOUSTON, May 17, 2013 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) announced today that Son P. Vann, Vice President Investor Relations and Planning, will present at the UBS Global Oil and Gas Conference in Austin, TX, on Tuesday, May 21, 2013, at 2:05 p.m. EDT (1:05 p.m. CDT). Interested parties may listen to the presentation live over the Internet at http://www.herculesoffshore.com. Go to the "Investor Information" link and select "News & Events." To listen to the...

ZUG, Switzerland, May 16, 2013 /PRNewswire/ -- Noble Corporation (NYSE: NE) today announced that David W. Williams, Chairman, President and Chief Executive Officer, Noble Corporation, will present at the UBS Global Oil and Gas Conference in Austin, Texas, on Tuesday, May 21, 2013, at 8:40 a.m. Central Daylight Time. A live webcast and presentation slides will be available at the time of the presentation in the "Investor Relations" section of the Company's Web site...

HOUSTON, May 16, 2013 /PRNewswire/ -- Torchlight Energy Resources, Inc. (OTCQB: TRCH) announced today they have signed a contract providing them a 15% working interest in the emerging horizontal Hunton play. The Hunton formation is prevalent throughout central Oklahoma and has produced 114 million barrels vertically over the last several decades. This contract provides Torchlight with a 15% working interest in an AMI covering a total of 3,200 acres and is operated by Husky...

Treaty Energy Plans to Immediately Re-Enter the First of Five Wells on the Standard Lease in Taylor County and Expects a High Rate of Success Based on New Well Log Data and Historical Information. NEW ORLEANS, May 16, 2013 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) (www.treatyenergy.com), a growth-oriented international energy company, announced today the next step in the Company's hydrocarbon exploration program in West Texas. On May 9, 2013, Treaty Energy...

Brookshire, Police, and Giddings All Complete Successful Initial Drillings Houston, Texas (PRWEB) May 15, 2013 Emerald Energy, an industry leader in Gulf Coast oil and gas joint ventures, has recently completed initial drilling projects on three new wells in 2013. The, Police, Giddings, and Brookshire wells all had successful tests and investors will begin seeing monthly checks soon. The Police Joint Venture The Police JV Well has finished its initial testing and drilling in Cleveland,...

CALGARY, May 15, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its first quarter 2013 operating and financial results. ACHIEVEMENTS AND HIGHLIGHTS The Company achieved significant increases in both production and the oil and liquids proportion of production in the quarter.  The Company's core Michichi and Lloydminster areas now represent 65% of total production, and 77% of total oil and liquids production, compared to 10%...

FORT WORTH, Texas, May 15, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of April 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 73,700 producing a rig utilization rate of 72%, compared to 74% and 78% in March 2013 and April 2012, respectively. During the month, Basic's fluid service truck count increased by seven trucks to 974. Fluid...

SPOKANE, Wash., May 15, 2013 /PRNewswire/ -- Daybreak Oil and Gas, Inc. (OTCBB: DBRM) ("Daybreak" or the "Company"), a Washington corporation, is pleased to announce the results of the second well in the current drilling program at the East Slopes Project in Kern County, California. The Bear #6 well was drilled to 2,153 feet and we estimate there is approximately 25 feet of oil pay in the Vedder Sand. This drilling rig will now be moved to the Black #2 well location. The Company...

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...

TSX ticker symbol; BKX CALGARY, May 14, 2013 /PRNewswire/ - All amounts are in U.S. Dollars unless otherwise indicated: 2013 2012 % Earnings (Loss): $ Thousands $(5,320) $(3,520) L $ per common share $(0.04)...