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Latest Piceance Basin Stories

2011-08-03 08:22:00

CALGARY, Aug. 3, 2011 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to announce that it has spudded its first well, "Baldwin-2", in the Southern Georgina Basin in the Northern Territory, Australia. PetroFrontier began drilling Baldwin-2 on the morning of Wednesday August 3, 2011, Australian Central Standard Time. Baldwin-2 is located in the southwestern part of EP 103 in the Southern Georgina Basin. PetroFrontier has a 100% working interest in EP...

2011-08-02 15:00:00

DENVER, Aug. 2, 2011 /PRNewswire/ -- Antero Resources today announced a revised 2011 outlook. This same revised outlook was filed with the SEC in an 8-K on July 27, 2011, prior to launching and pricing our senior note offering which closed on August 1, 2011. Based on current production levels, increased well recoveries in the Marcellus Shale and Piceance Basin, improved visibility into timing on infrastructure projects in progress in the Marcellus Shale and Piceance Mesaverde Plays,...

2011-07-28 07:00:00

DENVER, July 28, 2011 /PRNewswire/ -- Delta Petroleum Corporation (Delta or the Company) (NASDAQ Capital Market: DPTRD), an independent oil and gas exploration and development company, announced today that it retained Netherland Sewell & Associates, Inc. (NSAI or Netherland Sewell) to provide independent engineering of the Company's proved, probable and possible reserves and resources in support of the Company's strategic alternatives process. NSAI has recently concluded its...

2011-07-25 07:00:00

DENVER, July 25, 2011 /PRNewswire/ -- Delta Petroleum Corporation (Delta or the Company) (NASDAQ Capital Market: DPTR), an independent oil and gas exploration and development company, announced today that the 2C-433D well began producing hydrocarbons on Wednesday, July 20, at a choke-restricted rate of 5.4 million cubic feet of gas per day (MMcf/d) with 8360 psi of flowing tubing pressure. Gas sales from the well began on Thursday, July 21. The well continues to produce at a choke...

2011-07-21 17:56:00

DENVER, July 21, 2011 /PRNewswire/ -- Antero Resources announced today that its proved reserves at June 30, 2011 increased 10% to 3.6 Tcfe while proved, probable and possible reserves (3P) increased by 37% to 14.3 Tcfe. Antero also announced that it has increased its natural gas hedge position since May 2011 to 465 Bcfe with an average NYMEX-equivalent price of $5.92 per MMBtu. Proved Reserves At June 30, 2011, Antero added 194 Bcfe of proved reserves through the drill bit and 168 Bcfe...

2011-07-06 05:50:00

DENVER, July 6, 2011 /PRNewswire/ -- Delta Petroleum Corporation (Delta or the Company) (NASDAQ Capital Market: DPTR), an independent oil and gas exploration and development company, announced today the initiation of a strategic alternatives process. Carl Lakey, Delta's President and CEO stated, "With the June 28 closing of the $43.2 million sale of non-core, non-operated assets located in Texas and the DJ Basin, Delta has now completed the transformation to become essentially a pure...

2011-06-17 07:00:00

DENVER, June 17, 2011 /PRNewswire/ -- Delta Petroleum Corporation (Delta or the Company) (NASDAQ Capital Market: DPTR), an independent oil and gas exploration and development company, announced today that it has entered into a Purchase and Sale Agreement (PSA) with Wapiti Oil & Gas, L.L.C. (Wapiti) to sell its remaining non-operated interests in various non-core assets for $43.2 million. The transaction is expected to close by the end of June. The non-operated, non-core assets to be...

2011-05-31 06:00:00

DENVER, May 31, 2011 /PRNewswire/ -- Antero Resources today announced a revised 2011 capital budget and outlook and updated its hedge position. 2011 Capital Budget Antero's board of directors has approved a $126 million increase in the Company's capital budget for 2011. Antero's revised capital budget for 2011 is $685 million and includes $519 million for drilling and completion, $86 million for the construction of gathering pipelines and facilities and $80 million for leasehold...

2011-04-12 14:52:00

HOUSTON, April 12, 2011 /PRNewswire/ -- Sharewell Energy Services, a division of Sharewell L.P. announced today that it just completed the drilling of a well in the Rocky Mountain area with its proprietary Electro-Magnetic Measurement While Drilling System (EM MWD) (Electro-Trac(TM)) to a depth in excess of thirteen thousand feet (13,000 feet). This is a record depth for Sharewell's state-of-the-art EM MWD technology. Electro-Trac(TM) successfully steered and surveyed the above well to a...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.