NATCHEZ, Miss.–(BUSINESS WIRE)–Callon Petroleum Company (NYSE: CPE - News) today announced details regarding its strategy shift to diversify its asset base to onshore in order to increase visible growth potential, including a 2010 capital budget of $61.7 million and its first acquisition in the North Louisiana Haynesville Shale play.
“We’ve been working on this strategy shift [...]

HOUSTON–(BUSINESS WIRE)–Halliburton (NYSE:HAL - News) announced today that it will present at the 2010 Credit Suisse Energy Summit on Wednesday, February 3, 2010, at 9:45 a.m. Central Time (8:45 a.m. Mountain Time).
Interested parties may listen to the presentation live over the Internet by accessing the link to the web cast at www.halliburton.com. Please go to [...]

Marathon Oil Corporation (NYSE: MRO) today is providing information on market factors and operating conditions that occurred during the fourth quarter of 2009 that could impact the Company’s quarterly financial results. The market indicators and Company estimates noted below and in the attached schedule may differ significantly from actual results. The Company will report fourth [...]

Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Lucas Energy, Inc.
Lucas Energy, Inc. (NYSE Amex: LEI) is an independent oil and gas company based in Houston, Texas with approximately 15,000 gross (12,000 net) acres of oil and gas leases in South Texas, primarily in the Gonzales County, Texas area. [...]

China Integrated Energy, Inc. (Nasdaq: CBEH; the “Company”), a leading non-state-owned integrated energy company in the People’s Republic of China, today announced that it will present at the Brean Murray, Carret & Co. China Growth Conference, to be held November 19-20, 2009, at the Millennium Broadway Hotel, 150 West 45th Street, New York City.
Mr. Alex [...]

Oil prices were essentially flat to end the week after Federal Reserve Chairman Ben Bernanke said this week that interest rates will have to be raised when the economy recovers in order to avoid inflation.
It has been the weak dollar that has attracted billions in investments in energy markets this year because oil is priced [...]

CALGARY, ALBERTA–(Marketwire - 09/11/09) - All values are in Canadian dollars and conversions of natural gas volumes to barrels of oil equivalent (boe) are at 6:1 unless otherwise indicated.
Provident Energy Trust (Provident) (TSX:PVE.UN - News) (NYSE:PVX - News) today announced that its September cash distribution of $0.06 per unit is payable on October 15, 2009 [...]

HOUSTON, TX–(Marketwire - 09/11/09) - Willbros Group, Inc. (NYSE:WG - News) announced today that Management will present at the D.A. Davidson Eighth Annual Engineering & Construction Conference in San Francisco to be held September 17 - 18, 2009.
The presentation will take place on Friday, September 18, 2009, at 7:45 a.m. Pacific Time (9:45 a.m. Central [...]

HOUSTON, Sept. 11, 2009 (GLOBE NEWSWIRE) — Lucas Energy, Inc. (NYSE Amex:LEI) an independent oil and gas company (the “Company”) based in Houston, Texas, today announced the commencement of drilling the Gescheidle No.1 well, Gonzales County, Texas, a re-entry of a horizontal Austin Chalk well.
The well was spudded on August 31, 2009 and is [...]

ANCHORAGE, Alaska–(BUSINESS WIRE)–ExxonMobil Production Company announced today that it has completed drilling and casing the surface section on the second well at Point Thomson. The well reached its target surface-section depth of 4,875 feet. Both wells are planned to be completed to their final depths by year end 2010. Additionally, construction work is progressing on [...]