Northern Oil and Gas, Inc. (OTCBB: NOGS) announced today that it has entered into an Agreement to acquire approximately 10,000 net mineral acres in the Appalachia Basin. The acreage is located in the “Finger Lakes” region in Yates County, New York. Seismic studies associated with the acreage show a highly fractured fault system in the […]
In the first quarter of 2007, Pogo Producing Company (Nachrichten) reported a net loss of ($21,195,000), or ($0.37) per share, on revenues of $351,406,000, compared to first quarter 2006 net income of $67,471,000, or $1.18 per share, on revenues of $373,538,000. Discretionary cash flow in the first quarter of 2007 was $163,574,000, down from $192,261,000 […]
Brigham Exploration Company announced the closing of a joint venture agreement with Northern Oil and Gas providing for Brigham’s participation in approximately 30,300 gross and 24,350 net acres in the Williston Basin. Roughly 5,120 gross and 3,000 net acres are located in Mountrail County North Dakota, providing potential step out and extensional drilling to […]
Northern Oil and Gas, Inc. announced today that it has signed a farm-out agreement with Rincon Exploration LLC to drill a Red River Formation test well in Sheridan County, Montana on Northern Oil acreage. Northern Oil’s share of drilling costs will be borne by Rincon and partners until casing of the well and Northern Oil […]
Northern Oil and Gas, Inc., announced today that it has signed a participation agreement with Kodiak Oil & Gas for the CB Teigen Trust 9-13 well in Sheridan County, Montana. This well is the first step-out well to Kodiak’s Larsh 2-13 discovery.
In a statement by Michael Reger, CEO of Northern Oil, “We are looking forward […]
Victory Energy Corporation announced today that it is working with Coastal Petroleum to start the permitting process for the second Lodgepole well.
The second Lodgepole well has been identified in Section 7, T36N-R37E, Federal Lands in Valley County, Montana. Victory will also apply for an exception as this well is just north of the southern boundary […]
Kodiak Oil & Gas Corp. (Amex: KOG; TSX Venture), an oil and gas exploration and production company with assets in the Green River and Williston Basins, today provided an update on its 2007 drilling program in the Vermillion Basin in Wyoming and in the Williston Basin in North Dakota.
Vermillion Basin — Wyoming
Completion operations continue on […]
Teton Energy Corporation has provided an update on the first well in the Williston Basin on its Goliath leasehold of approximately 90,000 gross acres.
Teton is participating in the drilling of its first prospect on its Goliath leasehold of approximately 90,000 gross acres, 14,500 net to the Company’s interest. The Champion 1-25H well, located in Section […]
Rolland Energy Inc. (TSX-V: VBS, the “Company”), an emerging junior oil and gas producer, announced today that it has acquired additional oil and gas assets adjacent to its Woodnorth properties where the Company currently has seven producing wells. The assets were purchased form Graceland Resources Ltd. and include a suspended well, a small building as […]
Flagship Energy Inc. (”Flagship” or the “Company”) is pleased to provide an operational update for the fourth quarter ended December 31, 2006. The major activity during the quarter was the construction of the $4 million Buck Lake sour gas pipeline. Flagship has retained a 70% working interest in the pipeline after a third party elected […]