Latest Petroleum production Stories

HOUSTON, April 10, 2013 /PRNewswire/ -- Shale Experts, the online information portal, consulting service and research solution focused on unconventional energy resources, today announced the launch of their online tool, designed to provide information about the global unconventional oil and gas marketplace. Key features of the Shale Experts online portal include an M&A transactions database, rig data, a midstream infrastructure projects database (MIPD), GIS data, maps and news....

PITTSBURGH, April 10, 2013 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) unveiled modifications to a drill rig that enhance operator and employee safety and align with the company's core values of safety and continuous improvement during set-up of a rig on one of its drill sites in Buchanan County, Va., in late March. (Logo: http://photos.prnewswire.com/prnh/20120416/NE87957LOGO) The modifications, which involve the use of hydraulic tongs for pipe handling, are designed to reduce...

HOUSTON, April 10, 2013 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its 2013 First Quarter financial results on Wednesday, May 1. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. CDT (11:00 a.m. EDT) to review the details of the report. Those interested in listening to the call by telephone may do so by dialing (480) 629-9818. Alternatively, the call can be accessed through...

TORONTO, April 9, 2013 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to provide an update on its 2013 year-to-date operations and exploration activities. In summary, the Company expects to report record production volumes in the first quarter 2013, with production at the top of its annual guidance range.  Exploration well activity year-to-date includes ten wells, with one currently drilling. This has resulted in four significant...

LAS VEGAS, April 8, 2013 /PRNewswire/ -- Bayport International Holdings, Inc. (OTCPINK: EXTO). Today we are pleased to announce the signing of a Contract to purchase an interest in 2 oil wells to be drilled in the Milford Lease, Forest County, Pennsylvania. Permit numbers 30 and 68 have been issued as per Pennsylvania oil gas. The interest is for 5.0% WI and 3.75% NRI to be acquired in each of the two wells, a total of 10.0% working interest and 7.5% net revenue interest. Revenue...

Average Quarterly Production 16,900 bopd and Credit Facility Extension CALGARY, April 5, 2013 /PRNewswire/ - Bankers Petroleum Ltd. (Bankers or the Company) (TSX: BNK) (AIM: BNK) is pleased to announce the Company's first quarter operational update. Production, Sales and Oil Prices Average production from the Patos-Marinza oilfield in Albania for the first quarter of 2013 was 16,916 barrels of oil per day (bopd), 4.7% higher than 16,163 bopd in the fourth quarter of 2012. ...

- Ticker Symbol Changed from UYMG to PTOG on OTC Pink Sheets - EAST HANOVER, N.J., April 3, 2013 /PRNewswire/ -- PetroTech Oil and Gas, Inc., (OTC Pink: PTOG), an oil and gas property acquisition and services company announced that it has legally changed its name From Unity Management Group Inc. to PetroTech OIL & GAS, INC. and its stock ticker symbol has been changed to "PTOG". The company previously acquired Unity Management Group, Inc., (OTC Pink: "UYMG") through a reverse...

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...

HOUSTON, April 3, 2013 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2013, the Company had an average of 190 drilling rigs operating in the United States and 9 rigs in Canada. For the three months ended March 31, 2013, the Company had an average of 188 drilling rigs operating in the United States and 11 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number...

TULSA, Okla., April 2, 2013 /PRNewswire/ -- CAVU Resources, Inc. (CAVU) which trades as (OTC Pink: CAVR) announced earnings for the year ended December 31, 2012 of $.0019 per share, fully diluted. Earnings for the year ended December 31, 2011 were $.01 per share, which were enhanced by a much larger gain on sale of equipment. Net Sales Revenue was $734,168 versus $627,148 in 2011. To view the filings go to www.otcmarkets.com. CAVU CEO, Louis Silver stated, "2012 was a year of...