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Cross Border Resources reports increased oil volumes and PV-10 value in 2011 proved reserves
The SE LUSK 33 3H Well 2nd Bone Spring Cross Border owns a 37.5 working interest and 29.1 net revenue interest in the Cimarex Energy Co. operated SE LUSK 33 3H well that was successfully compl
Read moreAtwood Oceanics announces contract for the Atwood Beacon
The day rate for work offshore Israel will be 151000 with contract commencement expected in September 2012 in direct continuation of the current contract. The costs for the mobilization will be cov
Read morePetroMagdalena provides Azor-1X production and exploration update
Luciano Biondi Chief Executive Officer of the Company stated quotWe continue to make substantial progress with our first quarter exploration program. The result from the discovery at Azor is very
Read moreBaker Hughes announces January 2012 rig counts
The international offshore rig count for January 2012 was 307 up 8 from the 299 counted in December 2011 and down 1 from the 308 counted in January 2011. The last report of rig activity in Libya was
Read moreDeep Well seeks modification to regulatory approval, launches production plan, asks D&M to report reserves
The modification seeks to change the vertical Cyclic Steam Stimulation CSS earlier approved into a pilot project with test wells that use a horizontal application of CSS. It is anticipated that reg
Read moreEnergy industry leaders have shifted focus to wet gas & liquid shale plays
Industry leaders such as ExxonMobil and Chesapeake have made recent announcements about rapidly shifting their strategic focus and investment for development to the liquid rich and wet gas dominant sh
Read moreStrata Oil's 517 million/bbl Cadotte Project draws heightened industry interest
quotWe have had very productive conversations with several potential partners although we have rejected their proposals to date. Ultimately our goal is to engage and structure a partnership that d
Read moreInter Pipeline Fund announces February 2012 cash distribution
This distribution will be paid on or about March 15th 2012 to unitholders of record on February 23rd 2012. Inter Pipeline believes it is well positioned to maintain its current level of cash distri
Read moreAgreement between OD and Lekkerland Deutschland
Polski Koncern Naftowy ORLEN S.A. hereby informs that on 7 February 2012 ORLEN Deutschland GmbH signed an agreement with Lekkerland Deutschland GmbH Co. KG Europaallee 57 50226 Frechen Germany. O
Read moreFoxDavies views from the trading floor - Aminex, SOLO Oil and Lochard Energy
Aminex LONAEX and SOLO Oil LONSOLO finally issued a drilling update from the NTORYA1 well and it did not make for pleasant reading. The company said that its Ntorya1 exploration well in the R
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