Arctic Oil Exploration Gains Momentum
The challenging Beaufort Sea has been gaining attention from oil and gas producers and explorers looking to make a mega-play discover that makes billion-dollar drilling programs worthwhile.
Articles Tagged "oil exploration"
Kenya and Japan to Survey for Oil
Reuters reported that the National Oil Corporation of Kenya and Japan Oil, Gas and Metals National Corporation have signed an agreement to evaluate Kenya's onshore petroleum reserves.
Zone Resources Inc. Has Commenced Work on the Labrador Trough Iron Properties
Zone Resources Inc. (CVE:ZNR) reports that the exploration team has began work on the Labrador Trough iron properties.
Kulczyk Oil Ventures Inc.: Ukraine- Olgovskoye-14 Well Encounters Gas
Kulczyk Oil Ventures Inc. (WAR:KOV) reports its well has encountered eight potential gas bearing reservoirs at total depth.
Bridge Resources Corp. Updates Idaho Development Plans
Bridge Resources Corp. (CVE:BUK) and Paramax Resources Ltd., (CVE:PXM) plans to the develop the Willow and Hamilton Fields in Payette County, Idaho.
Crude Ends Down
Reuters reports that on Friday, U.S. crude oil futures plunged after Libya declared a ceasefire.
ATP Oil & Gas Wins Deep-Water Drilling Permit; Shares Surge
Bloomberg reports that ATP Oil & Gas Corp. received a U.S. permit to drill in the deep waters of the Gulf of Mexico.
Oil Climbs as Libya Unrest Escalates
Bloomberg reports that crude oil surged the most in three weeks.
BP Says Contract With Libya State Oil Firm Still Valid
Reports that on Thursday, BP Plc's (NYSE:BP) contract with Libya's National Oil Corporation is still valid.
Treaty Energy Updates Progress on Belize
Treaty Energy Corporation (PINK:TECO) reports a full project review meeting in Belize for the benefit of the leadership of Princess Petroleum Limited.
