News Archive for Renewable News

GE technology to boost output of Poland’s next utility-scale wind projects

GE (NYSE: GE) will supply 38 wind turbines for four wind projects in construction in Northern Poland. When operational, these projects, referred to collectively as Darlowo Wind Energy Center—Phase Two (Darlowo—Phase Two), will mark the first use of GE’s 2.5-megawatt class wind turbines that feature 103-meter rotors for high productivity in Poland. Read more…

Aztec announces successful drilling in montgomery county, Texas

HOUSTON, May 7, 2012 /PRNewswire/ — Aztec Oil & Gas, Inc. (Pink Sheets: AZGS) (“Aztec”) announced today the successful drilling of the Blackstone Southland #1 well, located in Montgomery County, Texas. The Blackstone Southland #1 well was drilled, logged, tested and cased in late November 2011. Read more…

Northern Oil and Gas, Inc. provides 2012 first quarter results, updated 2012 capital budget and operational updates

Northern Oil and Gas, Inc. (NYSE/AMEX: NOG) (“Northern Oil”) today announced 2012 first quarter financial results, an updated 2012 capital budget and other operational updates. Read more…

PANHANDLE OIL AND GAS INC. reports second quarter and six months 2012 results and mid-year reserve update

PANHANDLE OIL AND GAS INC. (NYSE: PHX) today reported financial and operating results for the Company’s fiscal second quarter and six months ended March 31, 2012. Read more…

Treaty Energy corporation completes funding for nine-well drilling program in Texas

NEW ORLEANS, May 7, 2012 /PRNewswire/ –Treaty Energy Corporation (OTCQB: TECO) (www.treatyenergy.com), a growth-oriented international energy company, announced a prior funding commitment for 5-Wells of 2,600 to 3,000 ft depth on its existing leases in Texas was extended to fund the full 9-Well Drilling Program. Read more…

Kodiak Oil & Gas Corp. provides upcoming conference schedule

Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, today announced management’s participation in upcoming investor conferences. Read more…

Caza Oil & Gas provides operational update

Caza Oil & Gas, Inc. (“Caza” or the “Company”) (TSX:CAZ)(AIM:CAZA) is pleased to provide an operational update on the Company’s drilling activities in southeast New Mexico. Read more…

Africa Oil announces Ngamia-1 well discovers additional oil in Kenya

Africa Oil Corp. (TSX VENTURE:AOI)(OMX:AOI) (“Africa Oil” or the “Company”) is pleased to provide the following update in respect of the previously announced oil discovery at the Ngamia-1 well on Block 10BB, Kenya. Africa Oil holds a 50% working interest in this block, which is operated by Tullow Oil plc (“Tullow”) which holds the remaining 50% interest. Read more…

PetroMagdalena announces resumption of operations in the province of Casanare

PetroMagdalena Energy Corp. (TSX-V: PMD-V) announces that production operations have resumed at its Cubiro Block located in the province of Casanare, with the blockade being lifted on the morning of Saturday May 5, 2012.  As previously announced on April 24, 2012, public roads in the province of Casanare were being blocked and this led to a lack of public order in the area, impacting production from PetroMagdalena’s Cubiro block.  No employees or contractors of the Company were involved. Discussions between all four levels of government are focusing on delivering a long term solution for the local communities. Read more…

Goodrich Petroleum provides first quarter 2012 financial and operating results

Goodrich Petroleum Corporation (NYSE: GDP) today announced financial and operating results for the first quarter ended March 31, 2012. Read more…

Roxi Petroleum provides preliminary results for the year ended 31 December 2011

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, has announced its preliminary results for the year ended 31 December 2011. Read more…

CGX provides results of Eagle-1 well offshore Guyana

TORONTO, May 7, 2012 /CNW/ – CGX Energy Inc. (TSX-V – OYL) (“CGX” or the “Company”) announces the results of the drilling of the Eagle-1 well on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”), offshore Guyana. The Eagle-1 well reached total depth of 4,328 metres on April 25th in the upper Cretaceous Maastrictian geologic zone on an 8 ½ ” diameter hole and with synthetic oil based mud drilling fluid.  During drilling, the Eagle-1 well encountered oil and gas shows through the objective Eocene and Maastrichtian geologic zones and at the, yet to be confirmed, Oligocene zone indicating an active petroleum system where generated hydrocarbons have migrated through the pre-Miocene section drilled by the well. Although wire-line logs provided encouraging results with high resistivities correlating with sandstones that had encountered oil shows, additional open hole logs were necessary to determine the nature of the fluids in those zones. Hence, CMR (combinable magnetic resonance) and MDT (modular formation dynamics) were run and both logs identified the presence of good quality sandstone reservoirs that unfortunately proved to be water bearing. Further analyses will be conducted to verify the geological age of the drilled section as well as the chemical composition of the recovered fluids. Read more…

Gran Tierra Energy Inc. provides first quarter 2012 results

CALGARY, May 7, 2012 /CNW/ – Gran Tierra Energy Inc. (“Gran Tierra Energy”) (NYSE Amex: GTE, TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced financial and operating results for the quarter ended March 31, 2012.  All dollar amounts are in United States dollars unless otherwise indicated. Read more…

Chevron commences operations on next-generation drillship in deepwater Gulf of Mexico

Chevron Corporation (NYSE: CVX) announced that the Pacific Santa Ana, a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. (NYSE: PACD). Pacific Santa Ana is the first drillship designed with the capacity to perform dual gradient drilling (DGD). Read more…

Promising new horizontal well production in logan county Oklahoma raises FTTN’s expectations

Promising early production from a new horizontal well in Logan County, Okla., has First Titan Corp. (OTCBB:FTTN) increasingly excited about the potential for its own assets in the region. Read more…

Tullow Oil announces Ngamia-1 well in Kenya Rift Basin discovers further oil

Tullow Oil plc (Tullow) announces that the Ngamia-1 exploration well onshore Kenya in Block 10BB has now been drilled to an intermediate depth of 1,515 metres and the total net oil pay encountered so far has increased to in excess of 100 metres across multiple reservoir zones. Read more…

Statoil provides 2012 first quarter results

Statoil’s  (OSE:STL, NYSE:STO) first quarter 2012 net operating income was NOK 57.9 billion, a 14% increase compared to NOK 50.8 billion in the first quarter of 2011. Read more…

Roxi Petroleum provides preliminary results for the year ended 31 December 2011

Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces its preliminary results for the year ended 31 December 2011. Read more…

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