Shale Oil to Set-off US Oil Boom?
The rapidly growing shale oil industry in Texas could signal a coming oil boom for the United States.
Articles Tagged "texas"
Treaty Energy to Acquire Producing Oil and Gas Leases
Treaty Energy Corporation (OTC:TECO) announced the signing of a letter of intent to buy more oil and gas leases in Texas.
South Texas Oil has sold $500,000 worth of debt
South Texas Oil declared that it has completed the sale of $555,000 worth of secured convertible notes in a private placement transaction. For full story, click here
South Texas oil company reported year end 2008 results
South Texas Oil Company reported year-end 2008 financial and operating results. For full story, click here
Ridgewood energy fund provided corporate updates
Ridgewood Energy Fund, organized to acquire interests in crude oil and natural gas properties located in the United States offshore waters of Texas, Louisiana and Alabama in the Gulf of Mexico, announced updates relating to management’s discussion and analysis of financial condition and results of operations. For full story, click here
Benchmark: Focus on Ike and Nigeria
Though ConocoPhillips (NYSE:COP) and Placid Refining Company are both receiving hundreds of thousands of barrels of crude from America’s federal reserves to continue refinery operations, and two rigs in the Gulf have been knocked adrift, the overall impact of Ike appears fairly benevolent to energy companies.
Gateway Energy Enters Into New Agreements
Gateway Energy Corporation is set to transport all of the crude oil and natural gas produced from its High Island Block 98-L lease, offshore Texas and will also provide separation, dehydration and oil handling and storage services for Maritech at its terminal facility located near Crystal Beach, Texas. Mr. Robert Panico, President and CEO of [...]
Benchmark: August 18
Barrel prices were pushed gently northward in early trading on Monday, as a confluence of factors threatened supply and made it an attractive alternative investment. The dollar’s decline relative to the euro increased anti-inflation hedging activities in commodities.
Joint venture for crude oil port, pipeline in Texas
Enterprise Products Partners L.P. established a JV with Teppco Partners and Oiltanking Holding Americas Inc. to build and operate a crude oil port offshore Texas and an associated 160-mile pipeline system. For more information, click here For Enterprise’s website, click here
Energy producers promote offshore drilling efforts
Texas Alliance of Energy Producers has started placing advertisements in regional print and broadcast media in support of drilling on federal lands to offset crude oil imports. For full story, click here
