Western Potash (TSX-V: WPX) announced today that drill hole data from their potash exploration program has returned data suggesting the presence of hydrocarbons. An evaluation by a petroleum geologist suggests two formations are targets for significant natural gas. Patricio Varas, the CEO of WPX is quoted saying: The possibility of having sizable natural gas pools [...]
Continue reading "Western Potash Strikes Hydrocarbons"
Thursday, April 16, 2009
U.S. oil and natural gas drilling activity dropped to 2004 levels in the first quarter, the American Petroleum Institute said Wednesday. For full story, click here
Continue reading "Gas drilling in U.S. sinks to a 5-year low"
Tuesday, February 24, 2009
Range Resources Corp, the Texas company that has drilled 68 wells in the Mount Pleasant township, requires millions of gallons of water for “hydrofracking,” a process that forces a chemical-laden solution deep into the rock, allowing natural gas to be released. For more information, click here
Continue reading "Gas Drilling boom stirs water worries"
Friday, February 6, 2009
Devon Energy Corp. (DVN) will dial down drilling activity in 2009 and focus on long-term projects in anticipation of rebounding energy prices, its chairman and chief executive said. For full story, click here
Continue reading "Devon Cuts Drilling To Focus On Long-Term Projects"
Thursday, February 5, 2009
Petrolia Drilling ASA announced that its, with reference to the announcement dated June 13, 2008 regarding the completion of a private placement of 13,430,000 new shares. For full story, click here
Continue reading "Petrolia Drilling ASA Announces Increase in Share Capital"
Friday, January 2, 2009
Pantera Drilling Income Trust announced that it has completed its previously announced rights offering. For full story, click here
Wednesday, November 12, 2008
Friendly Energy Exploration. said that it has acquired 10 natural gas drilling sites and optioned forty additional sites located in the Molly Murphy Gas Field, Crockett County, Texas. For full story, click here
Continue reading "Friendly Energy buys Ten Natural Gas Drilling Sites"
Tuesday, November 11, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]
Continue reading "South Parse: Talking Turkey"
Thursday, November 6, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it [...]
Continue reading "South Parse:Warning signs"
Monday, November 3, 2008
Reece Energy Exploration Corp announced that it has participated in the drilling & completion of 3 (0.5 net) Bakken wells in the Forget field in SE Saskatchewan. For full story, click here For company’s website, click here
Continue reading "Bakken drilling update from Reece Energy"
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Friday, February 19, 2010