Hagens Berman LLP Continues to Investigate Hercules Offshore Inc. After SEC Probe Announcement

Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities. Hagens Berman partner Reed R. Kathrein is continuing to lead the firm’s investigation from its San Francisco office. Houston-based... Read more..

Pioneer Natural Resources to Present at the Raymond James Investors Conference

Pioneer Natural Resources Company today announced that Tim Dove, President and COO, will present at The Raymond James Investors Conference on Tuesday, March 8 at 9:50 a.m. ET. Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer’s website at www.pxd.com, selecting ‘Investors,’ and then selecting ‘Investor Presentations.’ Pioneer... Read more..

Research and Markets: The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies

Research and Markets has announced the addition of the “The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies” report to their offering. The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies is a complete source of information and analysis on India oil and gas storage industry... Read more..

Touchstone Announces Filing of Annual Financial and Reserves Data Disclosure

Touchstone Exploration Inc. announces that it has filed its annual audited financial statements and accompanying notes for the year ended September 30, 2010 and its Management’s Discussion and Analysis with Canadian Securities Regulatory authorities. The Company has also filed its annual prescribed disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101. Copies of these... Read more..

Penn Virginia Resource Partners, L.P. Declares Quarterly Distribution and Completes Acquisition of Coal Reserves

Penn Virginia Resource Partners, L.P. today declared a quarterly cash distribution of $0.47 per unit. The distribution, which equates to $1.88 per unit on an annualized basis, remains unchanged from the distribution paid with respect to the prior quarter. The quarterly distribution covers the period October 1 through December 31, 2010, and is payable on February 14, 2011 to unitholders of record on February 7, 2011. Separately, PVR also announced... Read more..

Halliburton 2011 First Quarter Conference Call

Halliburton will host a conference call on Monday, April 18, 2011, to discuss the first quarter 2011 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time). The company will issue a press release regarding the 2011 first quarter earnings prior to the conference call. Halliburton’s first quarter press release will be posted on the Halliburton Web site at www.halliburton.com. Please visit the Web site to listen to the... Read more..

Research and Markets: This Indian Oil & Gas Sector Analysis States the Industry Has a Strong Role to Play In the Development of the Indian Economy

Research and Markets has announced the addition of the “Indian Oil & Gas Sector Analysis” report to their offering. India is gaining strategic importance globally owing to impressive growth pattern and market attractiveness. The country is the worlds fifth-biggest energy consumer and continues to grow rapidly. With increasing demand for energy, the Oil and Gas sector has a big role to play in the development of the Indian economy.... Read more..

Lucas Energy Board Approves $6 Million 2011 Capital Budget

Lucas Energy, Inc. , an independent oil and gas company, reported today that its directors have approved a record level $6 million capital expenditure budget for 2011. “We are excited about the approval and content of our 2011 capital program, which was funded through a recent equity offering,” commented William A. Sawyer, president and CEO of Lucas Energy. “It gives Lucas an excellent opportunity to meaningfully grow its production... Read more..

Court Rulings Favor HEI Resources in Colorado Securities Lawsuit

Springs-based HEI Resources Inc. and Charles Reed Cagle, founder of the oil and gas exploration company, are announcing several favorable rulings issued by a Colorado state district court as part of an ongoing lawsuit filed by Colorado Securities Commissioner Fred J. Joseph. The rulings handed down by the 2nd Judicial District Court in Denver were entered on Jan. 6, 2011, in Fred J. Joseph v. HEI Resources, Inc., et al., No. 09CV7181. HEI Resources,... Read more..

OGX Announces the Presence of Hydrocarbons in Well 1-MRK-3/4P-RJS in the Campos Basin

OGX Petróleo e Gás Participações S.A. the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Santonian, Albian and Aptian sections of exploration well 1-MRK-3/4P-RJS, which is located in the BM-C-37 block, in the shallow waters of the Campos Basin. OGX holds a 50% working interest in this block and Maersk Oil, the operator, holds the remaining... Read more..