Peyto Exploration & Development Corp. (TSX:PEY) is pleased to present the results and analysis of the independent reserve report effective December 31, 2011. The evaluation encompassed 100% of Peyto’s reserve assets and was conducted by InSite Petroleum Consultants.
ConocoPhillips [NYSE:COP] today announced that, as part of its ongoing strategy to create shareholder value, it has entered into an agreement to sell its Vietnam business unit for a total of $1.29 billion plus customary working capital adjustments.
HOUSTON, Feb. 16, 2012 /PRNewswire/ — Ultra Petroleum Corp. (NYSE: UPL) continued to deliver solid financial and operating performance for both the fourth quarter and full-year 2011. Highlights for the quarter include:
HOUSTON, Feb. 16, 2012 /PRNewswire/ — Shell today announces a successful appraisal operation at its Appomattox discovery in the deepwater Gulf of Mexico. The appraisal well in Mississippi Canyon block 348, in approximately 7,257 feet of water, was drilled to a total depth of 25,851 feet and encountered approximately 150 feet of oil pay.
Nexen Inc. (TSX, NYSE: NXY) today reported 2011 fourth quarter and annual operating and financial results, and provided a progress update on its strategic priorities for 2012.
HOUSTON, Feb. 16, 2012 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) today reported that record production and strong oil prices combined to generate record full-year 2011 earnings of $4.5 billion or $11.47 per diluted common share, up 50 percent from $3 billion or $8.46 per share in 2010.
Standard Exploration Ltd. (the “Corporation”) (TSX VENTURE:SDE) is pleased to announce it has commenced the drilling of the Test Well pursuant to the Farmin Agreement as previously announced in the Corporation’s press release dated October 27, 2011. The horizontal Montney oil well is projected to take 10 days to drill and will be completed using […]
WesternZagros Resources Ltd. (TSX VENTURE:WZR) (”WesternZagros” or “the Company”) has made an oil discovery in the Upper Fars Formation at the Mil Qasim-1 exploration well in the Kurdistan Region of Iraq.
Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated contract value is NOK 350 million.
Caza Oil & Gas, Inc. (”Caza” or the “Company”) (TSX:CAZ)(AIM:CAZA), the exploration, appraisal, development and production company, is pleased to provide an operational update regarding its San Jacinto Property in Midland County, Texas.