Latest Peak oil Stories
Interface Consulting analyzes world oil production levels and price per barrel averages against 30 years of Offshore Technology Conference attendance records HOUSTON, May 21, 2013 /PRNewswire/ -- Interface Consulting International, Inc., a leading construction and engineering consulting firm, once again helped break attendance records during the 44(th) annual Offshore Technology Conference held May 6-9, 2013, at Reliant Park. Turnout broke last year's 30-year high with over 104,800...
VANCOUVER, May 14, 2013 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports that TAG's 100%-controlled Ngapaeruru-1 exploration well has reached a total depth of 1417 meters after successfully drilling through the Waipawa and Whangai source rock formations, the main objective of the well. Excellent mud gas shows - which indicate the presence of gas zones or soluble gas in oil - were recorded between the intervals of 1140 - 1295m (155m gross hydrocarbon column)....
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)...
Can the United States free itself of dependence on foreign oil? Bakken’s big boon and new technology advancements may actualize this reality sooner, rather than later, says Quality Mat and other industry companies. Beaumont, TX (PRWEB) May 10, 2013 Fracking, new shale discoveries and efficient technological advancements are making some question the reality of America’s self sufficient energy status, as rig mat companies and energy analysts reflect on, respectively, firsthand...
This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Cautionary Note Regarding Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Operational Information" and "Non-GAAP Measures" at the end of this news release for information regarding the presentation of the financial and operational...
HOUSTON, May 9, 2013 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today reported net income attributable to VAALCO of $7.2 million or $0.12 per diluted share for the first quarter of 2013 compared to net income attributable to VAALCO of $9.0 million or $0.15 per diluted share for the comparable period in 2012. First quarter 2013 revenues were $44.1 million compared to $45.3 million in the first quarter of 2012. (Logo: http://photos.prnewswire.com/prnh/20100316/NY71495LOGO)...
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...
CALGARY, Alberta, May 7, 2013 /PRNewswire/ -- TSXV Trading Symbol: MVN Madalena Ventures Inc. (the "Company" or "Madalena") (TSX VENTURE: MVN) announces that it has posted a new corporate presentation for investors, and interested parties, on its website at http://www.madalena-ventures.com. This new presentation provides an overview of both Madalena's International and Domestic assets. The Company also announces that the annual general and special meeting of...
LAFAYETTE, La., May 6, 2013 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the first quarter of 2013. Some of the highlights include: Two deep water drilling rig contracts were secured for the Stone operated projects in the proximity of its Pompano platform. The Diamond Ocean Victory is scheduled to drill the Amethyst exploration prospect starting in September 2013 and an ENSCO 8500 series rig is anticipated to commence...
HOUSTON, May 6, 2013 /PRNewswire/ -- While a global career has long been a calling-card of the oil and gas industry, advances in real-time communications and ease of transportation has transformed many of the world's energy hubs into more desirable destinations for progressing careers of energy professionals. According to nearly 8,000 oil and gas professionals responding to Rigzone, Dubai tops the list of cities with the brightest future, followed by two North American stalwarts,...
