Liberty Energy Announces Completion and Production of 3 Wells on Its Lockhart Lease

Liberty Energy Corp. is extremely pleased to announce completion and production of 3 worked-over wells on its Lockhart lease. The Company initially announced its well re-entry program in September, 2010. Over the past several months the Company has been making consistent progress on its multi-phased well re-entry program on the lease. The first phase... 

Mexivada Executes Option Of Poker Flats Property, Carlin-Rain Gold Mining District, Nevada

Mexivada Mining Corp. (MNV.TSX-V) is pleased to announce the signing of an option to purchase 70% of the Poker Flats property, and makes the following announcement: Mexivada has entered into an Agreement with Spartan Gold Ltd (OTCBB:SPAG.ob – News), a U.S. based junior gold exploration company and with Sphere Resources Inc. (“Sphere”)... 

Parker Drilling to Present at Pritchard Capital Partners Energize 2011 Conference

Parker Drilling (NYSE:PKD – News) announced today Kirk Brassfield, senior vice president and chief financial officer, will present at the Pritchard Capital Partners Energize 2011 Conference in San Francisco, California. The Company’s presentation is scheduled to begin at 2:00 p.m. PST (5:00 p.m. EST) on Wednesday, Jan. 5. A link to the... 

Enterprise Strengthens Eagle Ford Shale Position with Chesapeake Agreements

Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around... 

Archer Petroleum Plugs and Abandons Radway Prospect Well

Archer Petroleum Corp has been advised by South Bay Resources (the Operator) that they will be plugging and abandoning the SBRES WEASEL 2-17-58-20 well on the Radway Prospect in Alberta, Canada. As announced earlier Archer participated in the drilling of the SBRES WEASEL 2-17-58-20 well which “encountered approximately seven metres of apparent... 

Zion Oil & Gas Completes Rights Offering

Zion Oil & Gas, Inc. announced today that on December 15, 2010, it completed its previously announced rights offering. The preliminary outcome of the rights offering, as of the close of business on December 15, 2010, indicates that subscriptions for approximately 3.65 million units, for gross proceeds of approximately $18.25 million, have been received... 

Harvest Operations Announces $1.4 Billion Capital Budget

Harvest Operations Corp. announced today that its Board of Directors has approved a budget for 2011 that includes an $1.4 billion capital expenditure program intended to boost upstream production and improve downstream operational efficiencies. John Zahary, Harvest’s President and Chief Executive Officer, said, “In 2011, our plan is to continue... 

Southeast Directional Drilling Acquires Frontier Pipeline

Southeast Directional Drilling today announced that it has acquired the assets of Frontier Pipeline, a Minnesota-based horizontal directional drilling (“HDD”) company. Financial terms of the acquisition were not disclosed. “This acquisition represents the first of several anticipated capacity additions planned to meet the growing demands of our... 

Dejour Oil Discovery Tests Over 500 Barrels of Oil per Day

Dejour Enterprises Ltd. releases the results of a 24 hour production test of the new oil discovery at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia that was announced last week. Production casing was set on Well A-1-I/94-H-02 after it encountered a Halfway oil pool and other productive horizons (See Dejour news release... 

Magma Awarded $10 Million in Department of Energy Grants for Its Soda Lake and McCoy Properties in Nevada

Magma Energy Corp. announce that its US subsidiary, Magma Energy (US) Corp. (“Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 – 80% of Magma’s planned innovative exploration expenditures...