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Rolland Energy acquires additionnal oil and gas assets
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. provides fourth quarter 2006 activity update and first half 2007 guidance
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 […]
Statoil, Norsk Hydro Planning Merger
Norwegian Oil Companies Statoil and Norsk Hydro Plan Merger.
Norwegian oil companies Statoil ASA and Norsk Hydro ASA on Monday announced plans to merge their offshore oil and natural gas units in a nearly $30 billion (23 billion euro) deal they said would create the world’s largest offshore oil operator.
Prime Minister Jens Stoltenberg welcomed the deal […]
Hiland Partners Signs Agreement to Develop Mid-Stream Assets for Woodford Shale Play
Hiland Partners, LP (Nasdaq: HLND - News) today announced the signing of an agreement to construct and operate gathering pipelines and related facilities associated with the development of a portion of the acreage owned by Continental Resources, Inc (”Continental”) in the Woodford Shale Play in the Arkoma Basin of southeastern Oklahoma.
Hiland Partners’ plans are to […]
Mission Oil & Gas and Crescent Point Energy Trust rethink $730M merger deal
The federal government’s decision to tax new income trusts has given Mission Oil & Gas Inc. (TSX:MSO) and Crescent Point Energy Trust (TSX:CPG.UN) cause to rethink their proposed $730-million merger.
The companies said Monday they “have been evaluating the tax consequences of the proposed changes to the Income Tax Act.”
Kodiak Oil & Gas updates Williston Basin activity
Kodiak Oil & Gas Corp. (AMEX & TSX Venture: KOG), an oil and gas exploration and production company with assets in the Green River and Williston Basins, today provided an interim operations update on its 2006 drilling program in the Williston Basin in Montana and North Dakota.
Bakken Prospect - McKenzie County, ND
Kodiak recently completed drilling […]
American Oil & Gas commences drilling at Goliath Project
American Oil & Gas, Inc. reports that drilling activity has commenced in its Goliath project with the spudding of the Evertson AOG Champion 1-25H well. This well, in which American owns a 50% working interest, is located in Williams County, North Dakota and is the first of two currently planned, multi-lateral horizontal wells targeting the […]
American Oil & Gas Commences Drilling at Goliath Project and Provides Drilling and Completion Updates
American Oil & Gas, Inc. (Amex: AEZ - News) reports that drilling activity has commenced in its Goliath project with the spudding of the Evertson AOG Champion 1-25H well. This well, in which American owns a 50% working interest, is located in Williams County, North Dakota and is the first of two currently planned, multi-lateral […]
International Sovereign Energy Corp.: Operations and Drilling Update
International Sovereign Energy Corp. (the “Company”) (TSX:ISR) reports that at Medicine River, Alberta (5 - 30 - 38 - 2W2 - 92.5% WI) the well has been fracture stimulated in the Belly River zone and early flowtest results indicate gas rates of up to 1 mmcf/d (165 BOED). The Company is exploring the potential to […]
