Latest Petroleum geology Stories

- Q1-13 OIL AND GAS SALES 21,700 MBOE PER DAY, 105% INCREASE Q-O-Q; 19% INCREASE SEQUENTIAL DENVER, April 15, 2013 /PRNewswire/ -- Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, today announced preliminary unaudited operational and financial results for the first quarter ended March 31, 2013. The Company also today reported the results of its regularly scheduled redetermination...

FORT WORTH, Texas, April 15, 2013 /PRNewswire/ -- Basic Energy Services, Inc. (NYSE: BAS) ("Basic") today reported selected operating data for the month of March 2013. Basic's well servicing rig count remained unchanged at 425. Well servicing rig hours for the month were 72,200 producing a rig utilization rate of 74%, compared to 71% and 78% in February 2013 and March 2012, respectively. During the month, Basic's fluid service truck count increased by five trucks to 967. Fluid...

NEW YORK, April 9, 2013 /PRNewswire/ -- Lighthouse Petroleum, Inc. (PINKSHEETS: LHPT), a growth oriented energy company focusing on the exploration and production of oil and gas, today announces the appointment of Gerard Danos as its President. Todd Violette, CEO of Lighthouse Petroleum, stated, "I am particularly excited to have Gerard Danos assume the responsibilities of President of Lighthouse Petroleum. Gerard's breadth of knowledge and management experience, coupled with his...

AUSTIN, Texas, April 9, 2013 /PRNewswire/ -- Imperial Resources, Inc. (OTCQB: IPRC) and its wholly owned subsidiary, Imperial Oil & Gas, Inc. (together the "Company", "Imperial") is pleased to announce that a consistent, better than expected average oil cut has been achieved at its Green Tide Salt Water Disposal Facility ("Green Tide"). As announced on February 11, 2013 the oil cut recovered from water accepted for disposal, although small in percentage terms, is projected to...

LAFAYETTE, La., April 8, 2013 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) announced today that it has contracted an ENSCO 8500 series dynamically positioned deep water drilling rig for Stone's Cardona oil development program at Mississippi Canyon 29. Drilling on the first Cardona well is expected to commence during the second half of 2013 followed by the drilling of the Cardona South well. Stone plans to tie back both wells to the 100% owned Pompano platform with production...

SALT LAKE CITY, April 8, 2013 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) announced today that the Company will make a presentation at the IPAA Oil and Gas Investment Symposium in New York on Monday, April 15, 2013. The presentation is scheduled for 9:35 a.m. Eastern time. A link to the webcast will be available on the homepage of the FX Energy website at www.fxenergy.com. For those unable to participate during the live webcast, the presentation will also be available for replay...

SALT LAKE CITY, April 8, 2013 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today reported on plans for three of its wells in Poland. Plawce-2 Frac Operations Underway Field operations are underway to frac three intervals in the Rotliegend and carry out three separate production tests. The project is expected to take approximately four to six weeks in total and results are anticipated in the latter part of May. Halliburton will carry out three separate fracs at intervals between...

FORT WORTH, TX, April 5, 2013 /PRNewswire/ - Breezer Ventures Inc.  (BRZV) (OTCQB:BRZV.PK) ("Breezer" or the "Company") is pleased to announce that a drilling rig has been moved to Well #2A of Callahan County, Texas and pre-drilling preparations are underway. In March 15, 2013, Breezer announced the purchase of it's sixth oil and gas interest: Well #2A in the Jackson Oil and Gas Fields. The location has been permitted and built.  Once the drill rig is set up, Breezer's field...

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...

HARRISBURG, Pa., April 3, 2013 /PRNewswire-USNewswire/ -- The Department of Environmental Protection today released detailed sampling and quality assurance plans for its ongoing comprehensive radiation study of oil and gas development. The agency will sample and analyze radioactivity levels of flowback waters, treatment solids, drill cuttings and drilling equipment, along with the transportation, storage and disposal of drilling wastes. Based on current data, regulations and industry...