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Latest Petroleum geology Stories

2014-10-23 08:27:30

HOUSTON, Oct. 23, 2014 /PRNewswire/ -- Radiant Oil & Gas, Inc. ("Radiant" or the "Company") (OTC: ROGI), an independent oil and gas exploration and production company focused on the onshore and shallow state waters of the U.S. Gulf Coast area, announced today the results of its mid-year reserve report conducted by Ralph E. Davis Associates ("R.E. Davis"). Highlights (as of June 30, 2014): -- NPV-10 of the Company's net reserves was $155 million, an increase of 32% from...

2014-10-23 08:27:13

SALT LAKE CITY, Oct. 23, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today announced that drilling has started at the Company's Angowice-1 well. The main target is a Devonian carbonaceous buildup similar on seismic expression to the productive horizon at the Company's Tuchola field. The Angowice-1 is planned to drill to a total depth of approximately 3,400 meters with multiple targets in the middle and lower Zechstein and the upper and middle Devonian. The well is testing one...

2014-10-21 12:25:32

VANCOUVER, Oct. 21, 2014 /PRNewswire/ - TANZANIA MINERALS CORP. (the "Company" or "TZM") (TSX-V: TZM.V) (FRANKFURT: TM0.F) is pleased to announce that it has acquired from Twigg Gold Ltd. ("Twigg") a 75% and 90% interest in the Igurubi and Msasa gold projects, respectively. Acquisition of Gold Assets TZM has acquired Twigg's 75% interest in the Igurubi Project and Twigg's 90% interest in the Msasa Project for a consideration of CAD $350,000 and 7 million common shares upon...

2014-10-21 08:26:00

LAKEWOOD, Colo., Oct. 21, 2014 /PRNewswire/ -- Pershing Gold Corporation (OTCQB: PGLC) ("Pershing Gold" or the "Company") is pleased to announce that its ongoing step-out core drilling program at Relief Canyon in Pershing County, Nevada continues to expand new high-grade gold zones in the North Target area, notably, RC14-203 (Relief Canyon 2014 drill hole 203) reported 0.119 ounces per ton ("opt") gold ("Au")/4.070 grams per tonne ("gpt") Au over 58.1 feet....

2014-10-20 20:23:32

CAMARILLO, CA, Oct. 20, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is providing an update on its Tishomingo Field, Caney shale oil operations in Oklahoma as well as its Polish shale gas project. Tishomingo Field, Oklahoma The Company's latest Caney shale oil well, the Hartgraves 1-5H well (100% interest) is flowing back after being completed with the Company's largest hydraulic stimulation to date. Over the last 5 days the well has been flowing at...

2014-10-14 16:23:29

Realigning Board of Directors Pursuant to Strategic Initiatives HOUSTON, Oct. 14, 2014 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas, today announced that it has completed the sale of its 100% working interest in oil and gas leases and wells/wellbores in Madison County, Texas for $700,000. The cash transaction includes approximately 450 net mineral acres primarily in the Buda and Glen...

2014-10-13 16:21:42

SALT LAKE CITY, Oct. 13, 2014 /PRNewswire/ -- American Sands Energy Corp. (OTCBB: AMSE, "AMSE" or the "Company"), an oil sands exploration and development company operating in Utah, is pleased to provide investors with an update on the permitting process for its Sunnyside Project. The Company originally submitted its Notice of Intention to Commence Large Mining Operations ("NOI") on March 5, 2014 and has been working with the state regulators through the permitting process. "Last...

2014-10-13 12:22:37

SALT LAKE CITY, Oct. 13, 2014 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN), today reported that drilling, coring and logging of the Karmin-1 well have been completed. Results of these operations show 30 meters of gas-saturated Rotliegend sandstone with porosity of up to 30%. The well flowed at a rate up to 6.7 mmcfg/d on a 22/64" choke with no water. It will now be completed for production and is expected to start producing early in 2016. PGNiG, the operator and 51% owner of...

2014-10-13 08:22:40

HOUSTON, Oct. 13, 2014 /PRNewswire/ -- OneSubsea(TM), a Cameron (NYSE:CAM) and Schlumberger (NYSE:SLB) company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project offshore Mexico. This is the first deepwater subsea field to be developed by Pemex. The scope of supply for the seven well system includes subsea production equipment and tooling. OneSubsea will also provide installation and commissioning services....

2014-10-10 08:21:27

FORT WORTH, Texas, Oct. 10, 2014 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of September 2014. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,800 producing a rig utilization rate of 71%, compared to 74% and 69% in August 2014 and September 2013, respectively. During the month, Basic's fluid service truck count increased by 21 to 1,045. Fluid...


Word of the Day
conjunto
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin