Oil Shale News

Comstock Reports 2nd Quarter 2020 Financial & Operating Results
United States >> 8/5/2020 - Comstock Resources, Inc. reported financial and operating results for the quarter ended June 30, 2020.

Financial Results for the Three Months Ended June 30, 2020
For the second quart...
Rebellion Energy II Pushes Unconventional Powder River Basin Development
United States >> 7/27/2020 - Rebellion Energy II, LLC (Rebellion), supported by certain investment funds managed by NGP Energy Capital, announced today results of two recently completed wells in the prolific resource plays of the...
Lonestar Announces First Quarter 2020 Results
United States >> 7/5/2020 - Lonestar Resources US Inc. reported financial and operating results for the three months ended March 31, 2020. ...
DynaEnergetics Introduces Perforating System for Unconventional Wells
Germany >> 6/8/2020 - DynaEnergetics, a business of DMC Global Inc. introduced DS Echo, a perforating system designed for re-frac operations in unconventional oil and gas wells. The system’s slim design enables deployment...
Castleton Commodities Acquired Shell’s East Texas & North Louisiana Assets
United States >> 12/30/2019 - Castleton Commodities International LLC (CCI) announced that its subsidiary, Castleton Resources LLC (Castleton Resources), has closed on the acquisition of the East Texas and North Louisiana Haynesvi...
Wintershall Dea at the Starting Gate for Development in Vaca Muerta
Argentina >> 9/24/2019 - The pilot wells in the operated shale oil blocks Aguada Federal and Bandurria Norte in the promising Vaca Muerta formation demonstrate very promising oil productivity. “We have completed the drilling ...
Springs Road-1 Reaches Total Depth
United Kingdom >> 3/28/2019 - Egdon Resources plc is pleased to report the main points from the announcement made this morning by IGas Energy plc (“IGas”) as they concern the Springs Road-1­ (“SR-01”) well on license PEDL140, in w...
Comstock Resources Announces Haynesville Shale Acquisition
United States >> 12/19/2018 - Comstock Resources, Inc. (Comstock) (CRK) announced that it has entered into an agreement with Shelby Shale, LLC (Shelby) to acquire an 88% interest in 6,124 gross acres (6,023 net) limited to Shelby...
YPF & Petronas Begin $2.3B Development Plan in Neuquen
YPF & Petronas Begin $2.3B Development Plan in Neuquen Argentina >> 12/4/2018 - YPF and Petronas ratified the start of the massive development phase of the shale oil project that they are carrying out in the La Amarga Chica block, Neuquen province. ...
SM Energy Announces Agreements to Sell Non-Core Assets for $292M
United States >> 4/4/2018 - SM Energy Company (SM) announced that it has entered into two definitive agreements, one for the sale of the Company's remaining assets in the Williston Basin located in Divide County, North Dakota, a...
Mexico Regulator Hopes for First Shale Auction by End 2018
Mexico >> 1/31/2018 - Mexico hopes to hold its first shale oil and gas auction by the end of 2018, the head of the country’s oil regulator told Reuters, potentially opening up one of the world’s top reserves of unconventio...
Penn Virginia Announces Accretive Acquisition in Core Area
United States >> 1/2/2018 - Penn Virginia Corporation (PVAC) announced that it has entered into a definitive agreement to acquire assets in the Eagle Ford Shale, primarily in Gonzales and Lavaca Counties, from Hunt Oil Company f...
SIMMONS EDECO Awarded a Drilling Services Contract in Mexico
Mexico >> 12/18/2017 - SIMMONS EDECO announced that it has been awarded a contract by Weatherford de Mexico S. de R.L. de C.V., a subsidiary of Weatherford International, to provide drilling services to Canadian-based Renai...
Earthstone Energy Announces Sale of Bakken Assets
United States >> 11/20/2017 - Earthstone Energy, Inc. (ESTE) (Earthstone), announced that it has entered into a definitive agreement to sell its Bakken assets for approximately $27 million in cash to an unaffiliated party. The tra...
Apache Sells Canadian Oil Assets to Cardinal for C$330 Million
Canada >> 6/1/2017 - U.S. oil and gas producer Apache Corp is selling Canadian light oil assets to Canada's Cardinal Energy Ltd so it can focus on high-growth areas like the Permian basin shale play, an Apache spokesman s...
Questerre Acquires Minority Interest in Red Leaf
Jordan >> 5/11/2017 - Questerre Energy Corporation (Questerre) has made a strategic investment in Red Leaf Resources, Inc. (Red Leaf). Through an agreement with one of the vendors, Whitehorn Resources Inc. (Whitehorn), Que...
Wintershall Starts First Pilot Well in Argentina
Argentina >> 5/11/2017 - Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, ...
Questerre Provides Update on its Jordan Oil Shale Project
Jordan >> 5/1/2017 - Questerre Energy Corporation (Questerre) reported on an essential test of mechanical rock properties for its oil shale in Jordan. ...
YPF & Schlumberger Signed Agreement to Invest $390M in Vaca Muerta
YPF & Schlumberger Signed Agreement to Invest $390M in Vaca Muerta Argentina >> 4/12/2017 - Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Angel Gutierrez, signed an agreement to start a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquen. ...
Drilling of Vaca Muerta Oil Resource Play
Argentina >> 3/17/2017 - Madalena Energy Inc. (MDLNF) is pleased to announce the commencement of the first horizontal multi-frac re-entry (the Re-entry Program) in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CA...

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