Archive for the 'Drilling' Category

Syria continues to supply Gulfsands Petroleum as the company sees reason for cautious optimism in Iraq

Evidence in the name when it comes to Gulfsands Petroleum. “Bay” because AIM quoted company produces about 2000 barrels of oil equivalent per day from the U.S. in the Gulf of Mexico (where, as now, its facilities are not suffering associated with hurricane damage, reducing production to 950 boepd) and “Sand” because the company is [...]

Investors hope 2009 will see the Northern Oil Start To unlock the value of their promising Dutch and Italian license

Northern Oil ended 2008 on a roll, and this trend is that nervous investors - and who is not nervous in the current economic conditions? - Will in the hope to see continued in 2009 in order to unlock the value of the portfolio, both promise and frustration. Promises, since the potential pool is counting [...]

Tower Resources is ready to Uganda drilling campaign

This could be a landmark year for the AIM-quoted sources of the tower, which is set to test its space with the Ugandan bit in the next few months. This group, this week raised additional funding at the expense of the shares to hold up their plans.
Several years ago, it might not have been too [...]

A busy year for Tullow Oil in Ghana’s last Wells Deliver Again

Ghana continues to make more good news for fans of UK listed Tullow Oil.
The latest report of the drilling indicates that the production of the Hyedua-2 and in the Jubilee likely to exceed 20,000 barrels of oil per day (BOPD).
In testing, offshore and in the Deepwater Tano license sank to a stable rate of 16, [...]

Drilling Set To intensify Faroe Petroleum in 2009 as it targets Increased production

Faroe Petroleum has entered a busy period ahead with a number of well-aligned to follow the success of the West and Breagh horizontal, announced earlier this week.
The company has a clear geographical focus, targeting properties in the UK and Norwegian sides of the North Sea, the Atlantic and the margin.
The future of this region was [...]

Looks good Mincor Set To Ride Out current low price of nickel

It is terribly difficult to get excited about a nickel mining company, at a time when the metal itself is in the doghouse. With Mincor, however, it is not possible to make an exception. Not because Australia has a minor surprise in his favor the back pocket, or even because he is made a discovery. [...]

Armistice Resources Corp. reports first in-fill drilling results

Mining exploration news: drilling
Toronto, armistice Resources Corp is pleased to report the results of new in-fill definition drilling program completed at the new 2250 in the Project Level McGarry Gold in Virginiatown, Ontario.
Previous definition drilling program at this level to leave the gap between the 600W and 1100W. A total 31new definition fill in the [...]

New gas drilling hazards: water flows again

Mining exploration news: Drilling
River Valley - According to some, all the consequences of gas drilling can be taken care of except one: the renunciation of flow-back water that comes from the well after drilling.
Most of the water used in the drilling process called “fracking”? Around 40 percent of the total? Are encouraged to return to [...]

The firm was ordered not to take drilling wastewater

Mining Exploration News:(Drilling)
CARLISLE - A company that collects wastewater from natural gas companies drilling in the Fayetteville Shale has been ordered by environmental regulators to stop.
Arkansas Department of Environmental Quality issued an emergency order from Fayetteville Shale Land Farms, near Carlisle after an inspection found liquid - a mixture of water and sediment of the [...]

Riverside resources reports positive results from the Penoles Mining district, Durango, Mexico

Mining Exploration News:(Gold Mining Exploration)
Vancouver, British Columbia, Riverside Resources Inc. is pleased to report results from three new targets in the 350 square km Penoles concessions, located in the Penoles Mining District, Durango, Mexico. Concessions that have diverse types of deposits, including Jesus Maria Pb-Zn-Cu system of blood vessels, San Rafael Ag vein system and [...]