AEL offer for Adelphi is closed

The Directors of ARC Energy Limited* (“AEL”) today announced that AEL’s Offer for Adelphi has closed. At the close of the Offer, AEL held or controlled 94.837% of Adelphi Shares.

Well Integrity Test Commences on MC252 well

Following installation of the capping stack and in line with the procedure approved by the National Incident Commander and Unified Area Command, the well integrity test on the MC252 well commenced today (July 15).

Texas Mutual Insurance Company Urges Worker Safety During Gulf Shore Cleanup

Now in its third month, the Gulf Coast oil spill has created many safety hazards for wildlife and for people involved in cleanup efforts. Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, urges employers and employees helping out with the oil spill to take extra precautions during these efforts.

iStore to Launch Digital Oilfield Software as a Service

The Information Store (iStore) today announced Digital Oilfield Express (DOX),the first Digital Oilfield offering delivered online through a subscription price model. The new service will bring key exploration and production (E&P) business functionality to the thousands of small businesses that comprise the U.S. independent oil and gas producer market. This announcement was made at Microsoft’s […]

NEW FREE WHITEPAPER: THE SIGNIFICANCE OF MERCURY IN THE GAS INDUSTRY

A new whitepaper has been published by SGS United Kingdom Ltd outlining some of the most important aspects relating to the sampling and measurement of Mercury.

Earthstone Energy, Inc. Receives FINRA Approval for Name Change

Earthstone Energy, Inc., formerly Basic Earth Science Systems, Inc. (Earthstone, Basic or the Company) (OTC:BSIC) (BULLETIN BOARD: BSIC) , reported today that it has received formal approval from the Financial Industry Regulatory Authority (FINRA) to change its name to, and trade under the name, Earthstone Energy, Inc. As of June 1st FINRA changed their internal […]

TapOil announces commencement of Belait North 3D seismic program - Brunei Block M

Tap Oil Limited (ASX Code: TAP) has commenced field operations for a 3D seismic survey in Block M, onshore Brunei as part of its exploration and development program.

BP stops flow of oil into Gulf of Mexico

Oil is no longer spewing into the Gulf of Mexico — at least temporarily — as BP Plc said it choked off the flow from its undersea well that ruptured in April and caused the worst offshore oil spill in U.S. history.

Doral Energy Adds 960 Acres of Adjacent Oil and Gas Properties to Existing 6,800 Acre Producing Oil and Gas Portfolio

Doral Energy Corp. (OTCBB:DRLY) (”Doral” or “the Company”) announced today that it has closed on an additional 960 acres adjacent to its existing production located within Southeastern New Mexico. The acreage is comprised of three leases with a total of 17 wellbores and 1 salt water disposal well. Of the 17 wells, 4 wells are […]

NOIA President Applauds Successful Capping of Gulf Oil Spill

NOIA President Randall Luthi today issued the following statement on the capping of the Gulf oil spill:
“This is by far the best news we have heard in about 86 days. I am sure that industry, their families and neighbors are all collectively taking a sigh of relief and uttering a prayer of thanks.”