News Archive for Oil and Gas News

Blackhawk Offshore brings new expertise to key offshore markets

A new management team and a change of focus lie behind the re-launch as Blackhawk Offshore of an established UK-based services company.
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FTTN Explores New Shale Gas Opportunities in Poland

First Titan Corp. (OTCQB: FTTN), an emerging energy development company, announced today that it is exploring new opportunities in Poland, where recently-discovered shale gas reserves are sparking a new European energy boom. Read more…

Newfield Exploration to present at upcoming events

THE WOODLANDS, Texas, Nov. 10, 2011 /PRNewswire/ — Newfield Exploration Company (NYSE: NFX)is scheduled to present at the following events. A live webcast of the presentations and the accompanying slides will be made available through Newfield’s website at http://www.newfield.com. Read more…

Deep Down reports third quarter 2011 results

HOUSTON, Nov. 10, 2011 /PRNewswire/ — Deep Down, Inc. (OTC QB: DPDW) (“Deep Down” or the “Company”), an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today reported $606 thousand of net income for the third quarter of 2011, an improvement of $5.0 million, or greater than 800 percent, over the same period in 2010. Read more…

Energy Crime Stoppers Expands to Pennsylvania’s Marcellus Shale

HOUSTON, Nov. 10, 2011 /PRNewswire/ — Energy Crime Stoppers, an anti-crime program launched three years ago in Texas by the Energy Security Council (ESC), expands into Pennsylvania.  The announcement was made today by officials of ESC and Pennsylvania (PA) Crime Stoppers.   Energy Crime Stoppers will concentrate resources and publicity throughout the Marcellus Shale, a formation rich in natural gas that has attracted intense drilling and production activity. Read more…

Southern Star announces a binding open season for the Canadian Blackwell Expansion project

OWENSBORO, Ky., Nov. 10, 2011 /PRNewswire/ — Southern Star Central Gas Pipeline, Inc. (Southern Star) is pleased to announce the commencement of its Binding Open Season for additional firm transportation capacity originating in western Oklahoma and the Texas Panhandle.  “Southern Star is geographically positioned to easily add incremental pipeline capacity for transporting gas supply from the developing Granite Wash area in western Oklahoma and Texas. The Canadian Blackwell Expansion project will ultimately provide increased supply diversity for our customers and their markets at a competitive rate,” said Philip Rullman, Vice President & Chief Commercial Services Officer. Read more…

RAK Petroleum provides update on the Saleh project

RAK Petroleum Public Company Limited, the exploration and production company, today announced temporary suspension of drilling operations on the Saleh-5 well offshore Ras Al Khaimah following consultations with partner RAK Gas LLC which this week exercised its full 30 percent back-in option to the field redevelopment project by agreeing to pay its prorata share of past and forward costs. Read more…

Gazprom commences large UGS facility construction

Today Gazprom has commenced the Bednodemyanovskoye underground gas storage (UGS) facility construction. Read more…

Rodinia Oil Corp. Announces Annual General Meeting Results

CALGARY, Nov. 10, 2011 /CNW/ – (TSXV: ROZ) – Rodinia Oil Corp. (“Rodinia”) is pleased to announce that all of the resolutions put forward in the Instrument of Proxy were passed at its Annual and Special Meeting of shareholders held earlier today. The full text of each resolution is contained in the Management Information Circular, which is available on Rodinia’s website. The directors re-elected to the Board were Robert Iverach, Paul Bennett, Dr. James Buckee, Martin McGoldrick and Kent Jespersen. Read more…

ENVIRONMENTAL DEFENCE Statement on U.S. government’s decision to delay TransCanada’s proposed Keystone XL pipeline

TORONTO, Nov. 10, 2011 /CNW/ – Statement from Environmental Defence Executive Director Dr. Rick Smith on U.S. government’s decision to delay TransCanada’s proposed Keystone XL pipeline: Read more…

Delay disappointing but Keystone XL merits approval

CALGARY, Nov. 10, 2011 /CNW/ – The Canadian Association of Petroleum Producers today said the U.S. government’s decision to re-examine alternate routes for the proposed Keystone XL oil pipeline from Canada to the U.S. Gulf Coast is disappointing given the three years of extensive analysis already completed and after the U.S. government’s own environmental impact assessment determined the proposed Keystone XL pipeline routing would not have an undue environmental impact. Read more…

Athabasca Oil Sands Corp. Reports 2011 Third Quarter Results

CALGARY, Nov. 10, 2011 /CNW/ – Athabasca Oil Sands Corp. (TSX: ATH) announces it has filed its financial statements and management’s discussion and analysis (MD&A) for the three and nine month periods ended September 30, 2011. These documents can be retrieved electronically from AOSC’s website (www.aosc.com) and later this morning from SEDAR (www.sedar.com). Read more…

Questerre Implements Unconventional Oil Strategy in Third Quarter

Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) reported today on its financial and operating results for the third quarter of 2011. Read more…

Antrim Energy Inc. Announces 2011 Third Quarter Financial and Operational Results

Antrim Energy Inc. (“Antrim” or “the Company”) (TSX:AEN) (AIM: AEY), an international oil and gas exploration and production company, today reported its financial and operational results for the three and nine month periods ended September 30, 2011.
Oil and gas revenue, net of royalties, was $7.5 million for the nine months ended September 30, 2011 compared to $8.5 million for the same period in 2010. Net revenue decreased as a result of lower oil and gas sales volumes partially offset by higher oil and gas prices. Antrim generated cash flow from operations of $1.1 million for the nine months ended September 30, 2011 compared to $1.5 million for the same period in 2010. Read more…

ADX Sidi Dhaher-1 mean contingent oil in place resource estimate of 51 million barrels

ADX Energy Limited  (ASX:ADX) is pleased to announce the completion of the Operators’ revised mapping and volume calculations utilizing a new seismic interpretation integrating well results from the recent Sidi Dhaher well. Read more…

Shell Pipeline announces Houma to Houston reversal project is progressing

HOUSTON, Nov. 10, 2011 /PRNewswire/ — Shell Pipeline today announced that it received a very encouraging response to its non-binding solicitation of interest period for firm capacity on the Houma-to-Houston pipeline system reversal project (“Ho-Ho Reversal“).  The indicative response from shippers for the Houston to St. James, LA route was greater than the firm pipeline space offered.  Based on this favorable response, Shell Pipeline is planning to seek binding firm capacity commitments from shippers for this project through an open season in early 2012.  Read more…

PETRONAS and Shell sign Heads of Agreement for new enhanced oil recovery production sharing contract

PETRONAS and Shell sign Heads of Agreement for  new enhanced oil recovery production sharing  contract. Read more…

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