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. [...]
Penn Virginia Corporation (NYSE: PVA - News) today announced that to better position itself for growth opportunities in its oil and gas business, as well as to improve corporate efficiency, it will undertake organizational changes in both its financial and oil and gas operations groups.
PVA will move its corporate accounting functions from Kingsport, TN to [...]
CALGARY, AB–(Marketwire - 10/16/09) - Blugrass Energy Inc. (OTC.BB:BLUG - News) is pleased to announce that Doral Energy Corp. (”Doral”) has entered into negotiations with Blugrass Energy, the owner(s) of the Cave Pool Unit located in Eddy County New Mexico, as a result of the October 12, 2009 closing by and between Blugrass Energy Inc. [...]
HOUSTON–(BUSINESS WIRE)–Anadarko Petroleum Corporation (NYSE:APC - News) today announced another successful appraisal well in the West Cape Three Points Block offshore Ghana. The Mahogany-4 well, which is the eastern-most appraisal of the Jubilee field, encountered more than 140 net feet of predominately oil pay in high-quality, stacked reservoir sands. The well is located approximately 5 [...]
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 [...]
PALO ALTO, Calif.–(BUSINESS WIRE)–Palo Alto Investors, LLC (“Palo Alto”) today expressed its ongoing support of Canadian Superior Energy Inc. (TSX, NYSE: SNG - News News) and its new strengthened Board of Directors. New Directors Kerry R. Brittain, Marvin M. Chronister, Dr. James Funk, Dr. William Roach, and Gregory G. Turnbull were elected at today’s annual [...]
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 [...]
DENVER–(BUSINESS WIRE)–Credo Petroleum Corporation (NASDAQ:CRED - News) today reported financial results for the quarter and nine months ended July 31, 2009.
For the third quarter, net income was $353,000, or $.03 per basic and diluted share, compared to $3,343,000, or $.34 per diluted share last year. Production increased 6% compared to last year, however, substantially lower [...]
-Bonanza Oil and Gas, Inc. (OTCBB:BGOI - News), an independent oil and gas company, is pleased to provide an update on its Apclark project located in Borden County, TX.
Westerly Exploration, operator for the Apclark Field, moved on location June 12, 2008 for the Jackson #1. The well was prepared for a re-stimulation of producing zones [...]
OKLAHOMA CITY, OKLAHOMA–(MARKET WIRE)–Jun 12, 2009 — Nitro Petroleum Incorporated (OTC BB:NTRO.OB - News) is pleased to announce that it has completed testing on its first Alberta well. On June 5, 2009, Nitro announced it was participating in a two well project. The first well has completed testing. The meters were pulled on June 9th [...]
