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.

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).

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.

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 […]

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., 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 […]

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.

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 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 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.”