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2014-07-08 08:33:53

CALGARY, July 8, 2014 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the fifth well in its 2014 Work Plan and Budget (the "2014 WP&B") has now spud and drilling is underway. The OzEpsilon-1 well is a vertical exploration well located in Exploration Permit 128. This is the fifth and final vertical test well to be drilled as part of the 2014 WP&B. All wells will include an extensive open hole evaluation program and up to...

2014-06-10 12:23:04

ST. JOHN'S, June 10, 2014 /CNW/ - The Research & Development Corporation (RDC) and Statoil Canada Ltd. are pleased to announce a collaborative investment in three new research and development projects with the potential to improve Arctic and harsh-environment offshore oil and gas operations in Newfoundland and Labrador and around the world. The total value of the projects is $3.9 million, including $2.4 million from Statoil Canada and $1.5 million from RDC. "This collaborative initiative...

2014-05-06 20:22:11

HOUSTON, May 6, 2014 /PRNewswire/ -- Statoil (OSE: STL, NYSE: STO) executive vice president for its North American operations Bill Maloney said today that the company has set a goal of recovering an average of 70% of the oil in its Johan Sverdrup field in the Norwegian continental shelf. "We've set a very large goal for oil recovery for Johan Sverdrup," says Maloney. "With the right technology and ingenuity, we believe 70% is achievable over the life of the field for this giant...

2014-05-06 20:22:09

HOUSTON, May 6, 2014 /PRNewswire/ -- Statoil (OSE: STL, NYSE: STO) announced today that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April. http://photos.prnewswire.com/prnvar/20140506/85098 "We consider Martin one of the top prospects in our global portfolio," says Jez Averty, senior vice president of exploration for Statoil in North America. "Since acquiring this prospect in 2012, we've advanced it in 20...

2014-05-05 23:03:23

Hart Energy's Offshore Executive Conference: Gulf of Mexico offers a strategic in-depth look at key happenings in the Gulf, emerging plays in both deep and shallow waters, as well as significant technologies and market trends. The day-long event is set for October 16, 2014, at The Westin Houston, Memorial City in Houston, Texas. Houston, Texas (PRWEB) May 05, 2014 Gulf of Mexico crude oil reserves will provide steady U.S. crude oil production from 2015 to 2040 thanks to upcoming...

2014-04-28 12:23:37

CALGARY, April 28, 2014 /PRNewswire/ - (TSX-V: PFC) - PetroFrontier ("PetroFrontier") is pleased to announce that the OzAlpha-1 well located in Exploration Permit 104 in the Northern Territory, Australia has been successfully drilled and cased by Statoil Australia Theta B.V. (the "Operator"). All of the planned open hole well evaluation activities have been completed and are now being analyzed. A total of 196 metres of core were recovered in a continuous coring process, which...

2014-03-18 08:24:14

-- Results for the third quarter of fiscal 2014 include those of Statoil Fuel & Retail for the period from October 14, 2013 to January 31, 2014 (110 days) while results for the third quarter of fiscal 2013 included Statoil Fuel & Retail's results for a period of 123 days. -- Net earnings of $182.3 million for the third quarter of fiscal 2014, up 28.2%. Excluding non-recurring items for both...

2014-02-17 08:23:21

LONDON, Feb. 17, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: The Offshore Oil and Gas Decommissioning Market 2013-2023 Report Details Offshore oil and gas decommissioning is a growing activity globally. Much growth has been seen in the Gulf of Mexico market due to the 2010 NTL idle iron regulations and an abundance of redundant offshore installations. However, other locations are increasingly becoming significant markets. The North Sea, in...

2014-02-04 16:24:04

LAFAYETTE, La., Feb. 4, 2014 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today the appointment of Edward E. Abels, Jr. as Executive Vice President - General Counsel and Corporate Secretary, effective February 1, 2014. He will be based in PetroQuest's Corporate Headquarters in Lafayette, Louisiana. Prior to joining PetroQuest, Mr. Abels acted as General Counsel for Texas Crude Energy, LLC, was a shareholder at Greenberg Traurig, LLP in Houston, Texas and held various...

2014-02-04 08:24:22

HOUSTON, Feb. 4, 2014 /PRNewswire/ -- As part of the company's Heroes of Tomorrow Program, Statoil will sponsor the Stars Over Texas Stage and Rodeo Rockstar competition at this year's Houston Livestock Show and Rodeo(TM) (HLSR). Statoil's Heroes of Tomorrow program focuses on supporting talented young people in sports, culture and STEM (Science, Technology, Engineering and Math) to help them become heroes of tomorrow. "For the last three years Statoil has sponsored The Hideout at...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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