American Standard Energy Corporation Announces Robert J. Thompson as Board Chairman

The Board of Directors of American Standard Energy Corp. is pleased to announce the appointment of Robert Thompson to the Board and his election to serve as its Chairman. Mr. Thompson shall also chair the Compensation, Audit, and Nominating & Corporate Governance Committees. Mr. Thompson brings to American Standard Energy Corp. a wealth of experience... 

Transeuro Energy Corp.: Ukraine Weekly Operations

Transeuro Energy Corp. issues a weekly update on its Ukraine operations. The Dafora drilling rig is fully assembled on the Karl-101 location. Local authority inspections are ongoing following which Transeuro will conduct a full inspection to accept the rig for operations. Re-entry operations remain on schedule to commence before the end of December.... 

PostRock Announces Agreement to Sell Certain Appalachian Assets

PostRock Energy Corporation today announced that it has entered into a definitive agreement with Magnum Hunter Resources Corporation (NYSE Amex:MHR) (“MHR”) to sell certain assets in Wetzel and Lewis Counties, West Virginia for aggregate consideration of $39.75 million. The consideration for the sale will consist of 50% cash and 50% MHR... 

CAMAC Energy Inc. Raises $20.0 Million in Registered Direct Offering

CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that the Company has entered into definitive agreements dated December 21, 2010 with certain accredited investors (the “Investors”) to sell in a registered direct offering an aggregate of approximately 9.09 million... 

Contango ORE, Inc. Announces Trading

Contango ORE, Inc. (CORE) announced that its stock is now trading on the OTCBB under the symbol CTGO. CORE has been formed to explore for gold and rare earth elements in the State of Alaska. One share of CORE has been distributed for each ten shares of stock of Contango Oil & Gas Company (Contango). No fractional shares were issued, but a cash payment... 

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... 

Whiting Petroleum Corporation Elects James T. Brown President and COO

Whiting Petroleum Corporation today announced that its Board of Directors elected James T. Brown President and Chief Operating Officer of Whiting Petroleum Corporation, effective January 1, 2011. Mr. Brown joined Whiting Petroleum Corporation in May 1993 as a consulting engineer, became Operations Manager in 1999, was elected Vice President of Operations... 

Energen to Present at UBS Bus Tour Conference

Energen Corporation senior managers will meet with members of the investment community at the UBS Bus Tour in Houston on Thursday, December 16, 2010. Associated meeting materials will be available for viewing on Energen’s web site, energen.com, beginning Thursday, December 16, 2010, at 7:00 a.m. ET. Energen Corporation is a diversified energy holding... 

Gulf Coast Fractionators Announces Expansion of Its Natural Gas Liquids Fractionation Facility

Gulf Coast Fractionators, a partnership among ConocoPhillips, Devon Energy Corporation and Targa Resources Partners LP announced plans to expand the capacity of its natural gas liquids fractionation facility located in Mont Belvieu, Texas. The maximum gross fractionation capacity of the facility will be expanded by approximately 42 percent (43,000 barrels... 

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...