Oil & Gas Drilling & Exploration Industry News Minimize

Fri, 03 Sep 2010 10:00:08 -0500

PRNewswire - PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today reported that for the month of August 2010, the Company had an average of 180 drilling rigs operating, including 171 rigs in the United States and 9 rigs in Canada.


Fri, 03 Sep 2010 06:00:00 -0500

Marketwire - Caza Oil & Gas, Inc. (TSX:CAZ)(AIM:CAZA) ("Caza" or the "Company") is pleased to announce that scheduled drilling has commenced on the initial test well at the Windham (Wolfberry) prospect in Upton County, Texas.


Fri, 03 Sep 2010 05:04:29 -0500

Business Wire - Empire Energy Corporation International (Empire) (Pink Sheets:EEGC) announced on Friday, September 3rd, 2010, that after consultation and coordination with the Company’s drilling contractors and GEFCO, the rig’s manufacturer, and through their renewed confidence in Empire’s financial strength obtained through diversification and anticipated bond sales, Empire has scheduled recommencement of its 12-hole drilling program.


Thu, 02 Sep 2010 20:45:59 -0500

CBC - The opposition Parti Québécois is demanding an immediate moratorium on drilling and exploration for shale gas in the province.


Thu, 02 Sep 2010 14:45:04 -0500

PRNewswire - Parker Drilling (NYSE: PKD) announced today that David C. Mannon, president and chief executive officer, and W. Kirk Brassfield, senior vice president and chief financial officer, will present at Barclays Capital CEO Energy Conference in New York, New York.


Thu, 02 Sep 2010 14:16:50 -0500

Marketwire - Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL) today gave a brief update on its operations in Kazakhstan focused on its oil exploration and appraisal program.


Thu, 02 Sep 2010 12:30:00 -0500

Marketwire - Eagle Star Minerals Corp., (TSX VENTURE:EGE)(FRANKFURT:E6R) ("Eagle Star" or "the Company"). Further...


Thu, 02 Sep 2010 12:17:47 -0500

Marketwire - Orleans Energy Ltd. ("Orleans" or the "Company") (TSX:OEX) is pleased to provide an operational update highlighting follow-up Montney light oil drilling success and strategic land capture at Waskahigan in addition to an updated, light oil-focused capital drilling program.


Wed, 01 Sep 2010 22:25:10 -0500

Marketwire - Pride International, Inc. (NYSE: PDE) today announced that it has reached agreement with BP Exploration & Production Inc. (BP) to amend the contract for the Deep Ocean Ascension to provide for a special standby dayrate prior to the startup of the previously agreed five-year term.


Wed, 01 Sep 2010 16:14:08 -0500

Marketwire - Solara Exploration Ltd. ("Solara" or the "Company") (TSX VENTURE:SAA.A) (TSX VENTURE:SAA.B) announces that it has recently completed the drilling and casing of its horizontal well as a potential Cardium oil well in the Pembina (Buck Lake) area of Alberta.


Wed, 01 Sep 2010 12:00:02 -0500

Marketwire - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSX VENTURE:PDQ) is pleased to announce a three well drilling program for the Buganviles and Talora blocks, situated in the Upper Magdalena Valley Basin in Colombia.


Tue, 31 Aug 2010 19:45:00 -0500

The Canadian Press - ST. JOHN'S, N.L. - The deepest exploration well in Canadian history has been drilled without incident, Chevron Canada and the board that regulates oil activity off Newfoundland said Tuesday.


Tue, 31 Aug 2010 15:34:00 -0500

The Canadian Press - ST. JOHN'S, N.L. - Chevron says it has finished drilling Canada's deepest ever exploration well off Newfoundland without any safety incidents.


Mon, 30 Aug 2010 17:21:15 -0500

Business Wire - Citizens for Pennsylvania’s Future (PennFuture) today announced it is launching the “Keep the Promise Tour” across Pennsylvania, holding town hall meetings to alert residents of the Keystone State to the need to make sure the Pennsylvania General Assembly passes a substantial severance tax on deep natural gas drillers in the Marcellus Shale formation.


Mon, 30 Aug 2010 12:45:26 -0500

Marketwire - www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the oil well services and equipment industry, and offers free research on industry players Nabors Industries Ltd. (NYSE: NBR) and Vantage Drilling Company (AMEX: VTG).


Mon, 30 Aug 2010 12:41:05 -0500

Marketwire - www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the oil well services and equipment stocks, and offers complete analytical research on companies like Patterson-UTI Energy Inc. (NASDAQ: PTEN) and Helmerich & Payne Inc. (NYSE: HP).


Sun, 29 Aug 2010 22:40:00 -0500

The Canadian Press - MONTREAL - The future of shale gas exploration and its impact on the environment and human health have ignited a debate in Quebec, where the government says it's moving cautiously forward in allowing oil-and-gas companies to explore the region.


Fri, 27 Aug 2010 15:11:24 -0500

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/da9e82/offshore_drilling) has announced the addition of the "Offshore Drilling Industry in the Americas to 2015 - New Deepwater Discoveries and Stringent Offshore Regulations Affecting the Future Industry Outlook" report to their offering.


Thu, 26 Aug 2010 20:10:14 -0500

GlobeNewswire - Zion Oil & Gas, Inc. (Nasdaq:ZN) announced today that drilling operations have begun on its Ma'anit-Joseph #3 well, in its Joseph License area, onshore Northern Israel.


Thu, 26 Aug 2010 13:35:58 -0500

CNW Group - Blacksteel Energy Inc. (TSXV - "BEY") announces that, further to the news release of February 18, 2010, it and its partners have drilled one well in the Devon area of Alberta.


Thu, 26 Aug 2010 10:00:00 -0500

Marketwire - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (PINK SHEETS:CSPUF) is very pleased to announce that further to the news release issued on July 22nd, Canbriam Energy BC Partnership, the operator, was successful in its efforts to remediate the first three stages of a lower Montney horizontal well at the c-A48-I/94-B-1 location in the Farrell Creek area of northeastern British Columbia.


Wed, 25 Aug 2010 23:38:00 -0500

AFP - LONDON (AFP) - BP has scrapped plans to drill in the Arctic, where a new oil rush is expected, amid fears such a move would be "political madness" after the Gulf oil spill, Britain's Guardian daily said Thursday.


Wed, 25 Aug 2010 21:57:50 -0500

Marketwire - Curlew Lake Resources Inc. (the "Company") (TSX VENTURE:CWQ)(PINK SHEETS:CWLXF) announces that it has completed a non-brokered flow-through private placement of units (the "Units") at a price of $0.05 per Unit for aggregate proceeds of up to $525,000.


Wed, 25 Aug 2010 18:40:42 -0500

CNW Group - Western Energy Services Corp. ("Western") (TSXV: WRG) is pleased to announce that the acquisition, through its wholly owned subsidiary Horizon Drilling Inc. ("Horizon"), of Impact Drilling Ltd. ("Impact") was completed effective today.


Wed, 25 Aug 2010 14:15:24 -0500

Business Wire - Uranium Resources, Inc. (NASDAQ: URRE) (“URI”) announced today that the Company expects to begin drilling on its Section 13 property in Ambrosia Lake in early September.


Wed, 25 Aug 2010 13:27:33 -0500

Marketwire - Pride International, Inc. (NYSE: PDE) today announced the dedication of the second of its four new deepwater drillships under construction by Samsung Heavy Industries in South Korea, the Deep Ocean Clarion.


Wed, 25 Aug 2010 12:30:25 -0500

PRNewswire - Ivanhoe Energy Inc. (TSX: IE, NASDAQ: IVAN) today announced that Sunwing Energy Ltd., the company's wholly-owned subsidiary, has started drilling Yixin-2, located in its Zitong gas exploration block in the Sichuan Province of China.


Tue, 24 Aug 2010 19:41:48 -0500

CBC - A Scottish energy company's discovery of hydrocarbons off Greenland's west coast could spark a drilling rush that "would threaten the fragile environment," Greenpeace says.


Tue, 24 Aug 2010 11:20:00 -0500

The Canadian Press - COPENHAGEN - A Scottish energy company's discovery of hydrocarbons off Greenland's coast could spark an oil rush that "would threaten the fragile environment," Greenpeace warned Tuesday.


Tue, 24 Aug 2010 11:15:46 -0500

Business Wire - Bayswater Uranium Corporation (TSX-V: BYU), (OTC: BYSWF) reports that the Company has received approval of its Drilling Notification permit from the Wyoming Department of Environmental Quality and its Monitoring Well Permits from the Wyoming State Engineer’s Office.


Tue, 24 Aug 2010 10:02:13 -0500

Business Wire - Synergy Resources Corporation (OTCBB:SYRG), a domestic oil and gas exploration and production company, today announced the completion of drilling of its 36 well program with a 100% success rate.


Mon, 23 Aug 2010 16:54:35 -0500

PRNewswire - CROSCO Integrated Drilling & Well Services Co., Ltd. is pleased to announce the ongoing and successful provision of drilling services for Bankers Petroleum Albania Ltd. with CROSCO 1000 HP drilling rig Ideco 301.


Mon, 23 Aug 2010 13:24:26 -0500

Marketwire - www.stockcall.com/ offers investors comprehensive research on the oil & gas drilling & exploration industry and has completed analytical research on Pride International Inc. (NYSE: PDE) and Rowan Companies Inc. (NYSE: RDC).


Sat, 21 Aug 2010 16:34:00 -0500

The Canadian Press - WASHINGTON - A six-month ban on deepwater drilling in the Gulf of Mexico would directly put more than 9,000 people out of work and indirectly affect another 14,000 jobs, according to a memo from the country's top drilling regulator.


Sat, 21 Aug 2010 05:39:00 -0500

The Canadian Press - WASHINGTON - The deepwater drilling moratorium in the Gulf of Mexico costs at least 23,000 jobs, according to a federal document that weighed the economic impact and alternatives to the drilling ban.


Thu, 19 Aug 2010 20:33:15 -0500

CNW Group - Petro Uno Resources Ltd. ("Petro Uno" or the "Company") (TSXV: PUP.V) is pleased to announce that it plans to commence its next drilling program in the Kindersley area on Saturday August 21, 2010, weather permitting.


Thu, 19 Aug 2010 12:04:59 -0500

Business Wire - CAMAC Energy Inc. (NYSE Amex:CAK), a U.S.-based energy company engaged in the exploration, development, production and distribution of oil and gas, today announced the commencement of drilling on the first of two wells planned for the 2010 work program on its Zijinshan Gas Asset located in the Ordos Basin in Shanxi Province, China. Drilling has begun on well ZJS-02, which is planned to be followed consecutively by well ZJS-03.


Thu, 19 Aug 2010 11:00:00 -0500

Marketwire - Crown Point Ventures Ltd. (TSX VENTURE:CWV) (the "Company") is pleased to announce that the first well (EV 23) of its three well 80% interest drilling program has been completed as a multi- zone oil well.


Wed, 18 Aug 2010 17:44:53 -0500

CBC - A report by a federal Senate committee looking into offshore oil drilling in Canada says the facts do not justify the banning of current offshore drilling in Canada.


Wed, 18 Aug 2010 16:36:38 -0500

Business Wire - In San Augustine County, Crimson Exploration Inc. (NasdaqGM:CXPO) successfully completed its first operated well in the Bruin Prospect Area.


Wed, 18 Aug 2010 14:03:49 -0500

PRNewswire - Apache Corporation (NYSE, Nasdaq: APA) today reported two new oil discoveries and a significant appraisal in the Faghur Basin in the far southwest of Egypt's Western Desert oil and gas province.


Tue, 17 Aug 2010 13:28:08 -0500

Marketwire - FISSION ENERGY CORP. ("Fission" or the "Company") (TSX VENTURE:FIS) and its Joint Venture Partner, the KEPCO Consortium, announce that hole WAT10-103, a vertical step-out drill hole at its Waterbury Lake project in the Athabasca Basin, has expanded and widened the J-Zone uranium discovery at its western margin.


Tue, 17 Aug 2010 12:02:42 -0500

Business Wire - Empire Petroleum Corporation (OTCBB: EMPR), a Tulsa, Oklahoma based company, announced that it has tested oil from its Empire Paradise Unit 2-12 well in Nye County, Nevada.


Mon, 16 Aug 2010 23:33:00 -0500

The Canadian Press - WASHINGTON - The U.S. government said Monday it is toughening environmental reviews for all new deepwater oil drilling, ending an easy path to oil riches that allowed BP to drill its blown-out well in the Gulf of Mexico with little federal scrutiny.


Mon, 16 Aug 2010 20:14:00 -0500

The Canadian Press - WASHINGTON - The Obama administration announced Monday it is requiring environmental reviews for all new deepwater oil drilling.


Mon, 16 Aug 2010 20:07:16 -0500

CBC - The White House announced Monday it will require environmental reviews for all new deepwater oil drilling.


Mon, 16 Aug 2010 12:00:46 -0500

PRNewswire - Mainland Resources, Inc. (the "Company" or "Mainland") (OTC Bulletin Board: MNLU, Frankfurt: 5MN) updates the progress of drilling operations at its Buena Vista Project in Mississippi:


Mon, 16 Aug 2010 11:30:00 -0500

Marketwire - THIS PRESS RELEASE IS Tuscany International Drilling Inc. (TSX:TID) ("Tuscany" or the "Company") is pleased to announce that it has entered into an agreement with Credit Suisse AG, Cayman Islands Branch ("Credit Suisse"), who is acting as lender and as administrative agent to obtain a $50 million senior secured guaranteed term loan, with an option to increase the facility to $125 million so long as the Company is in compliance with certain conditions.


Fri, 13 Aug 2010 18:12:00 -0500

The Canadian Press - NEW ORLEANS - The U.S. government says work must go forward on a relief well meant to permanently plug BP's blown-out well in the Gulf of Mexico.


Thu, 12 Aug 2010 13:21:56 -0500

CNW Group - Canadian Imperial Venture Corp. ("CIVC" / the "Company") is pleased to announce that drilling of a well on Shoal Point, Port au Port Bay, is planned to be commenced in late September, subject to receiving the required approvals from the CNLOPB and the Government of Newfoundland and Labrador.


Thu, 12 Aug 2010 13:00:00 -0500

Marketwire - Stoneham Drilling Trust ("Stoneham" or the "Trust") (TSX:SDG.UN) is pleased to announce solid financial results in the second quarter of 2010 from continued higher utilization levels, increased revenues, net earnings, and cash flow from operations than were earned in the second quarter of 2009, as well as a further debt repayment of $4.0 million.


Thu, 12 Aug 2010 01:00:18 -0500

CNW Group - Trinidad Drilling Ltd. ("Trinidad" or the "Company") reported operating and financial results for the second quarter and first six months of 2010.


Thu, 12 Aug 2010 00:57:00 -0500

The Canadian Press - HOUSTON - The Texas attorney general sued the Obama administration Wednesday over its new deep-water offshore drilling moratorium, claiming it is unjustified and federal officials did not contact the state before issuing the ban.


Thu, 12 Aug 2010 00:52:00 -0500

The Canadian Press - WASHINGTON - The US$20-billion victims' compensation fund established for the Gulf oil spill may use revenue from BP's oil and gas drilling as collateral, according to details released Wednesday by the White House.


Wed, 11 Aug 2010 16:53:51 -0500

CNW Group - Pantera Drilling Income Trust ("Pantera" or the "Trust") is pleased to release its second quarter 2010 financial and operating results.


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