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 [...]
A state committee studying the feasibility of natural gas exploration in South Carolina’s coastal waters will have a public meeting Thursday in North Charleston. For full story, click here
Researched by Industrial Info Resources On February 6, National Fuel Gas Company reported a net loss of $42.7 million for the first quarter of 2009, which ended December 31, 2008. For full story, click here
Exploration activity is holding up in Asia in spite of the global financial crisis. For full story, click here
Novatek could start prospective drilling in Egypt in late 2009 and not in 2010 as previously scheduled, the head of Russia’s largest independent natural gas producer said. Leonid Mikhelson said: We said earlier that we had to start drilling in 2010. But if we receive seismic interpretation data soon enough, we could start drilling at [...]
State-owned oil and gas company, the Petroleum, Oil and Gas Corporation of South Africa (PetroSA), has begun appraisal of a previously discovered gas field of moderate size and has successfully intersected a targeted sweet spot off the southern coast of South Africa as part of its R5-billion drilling programme to drill the E-M West and [...]
Italian-focused gas producer Po Valley Energy Ltd has secured an expanded exploration footprint in its northern Italian province, as it prepares for its maiden production later this year. Po Valley’s chief executive Michael Masterman , said: Based on the positive results of our geological work, we aim to bring either Fondo Perino or Cembalina into [...]
Brinx Resources is pleased to report that it has elected to participate in Ranken Energy’s 2008-3 drilling program. For full story, click here
India’s state-run Oil and Natural Gas Corp said on Saturday it has signed a deal to explore for oil and gas in the Satpayev Block in Kazakhstan. For full story, click here
US Minerals Management Service will formally begin a process that could lead to companies exploring for oil and gas in federal waters off the Atlantic coast. For full story, click here
Get our independent commentary on gas trends and companies delivered to your inbox.
