Oil Shale News

Spectra to Drop Down 50 % of Express-Platte Pipeline
Canada >> 5/2/2013 - Spectra Energy Corp announced an agreement to drop down 50 percent of the Express-Platte Pipeline System (Express-Platte System) to Spectra Energy Partners for approximately $555 million in cash, appr...
NET Announced Additional Firm Shippers on Eagle Ford
United States >> 5/2/2013 - NET Midstream (NET or the Company) announced that Eagle Ford Midstream, LP, (“EFM”), a wholly owned subsidiary of NET, has secured firm transportation agreements with volume commitments from producers...
Enterprise Plans to Expand Crude Oil Storage
United States >> 5/2/2013 - Enterprise Products Partners L.P. (“Enterprise) announced plans to significantly expand its crude oil storage and distribution infrastructure serving the Southeast Texas refinery market. The expansion...
Torchlight Executed Contract on Johnson #2H Well
United States >> 5/1/2013 - Torchlight Energy Resources, Inc. is pleased to announce the executed contract for the AFE on the Johnson #2 well in the Marcelina Creek project in Wilson County, TX. The permit has been issued, and ...
Samson Oil & Gas Provides Operational Update
United States >> 4/30/2013 - Samson Oil & Gas provides operational update on North Stockyard (Samson operated North Tier) ...
GreenHunter Begins Sales MAG Tank for Utica Shale Pad
United States >> 4/29/2013 - GreenHunter Energy, Inc., a diversified water resource, waste management and environmental services company specializing in the unconventional oil and natural gas shale resource plays, announced that ...
Austin Signed a Letter to Farm-out 30% of Niobrara Project
United States >> 4/29/2013 - Austin announces that it has signed a non-binding Letter Of Intent to farm-out 30% of its Pathfinder Niobrara Project in Fremont County. Austin has been working diligently with its new partner over t...
Synergy Resources Enters into Drilling Contract
United States >> 4/25/2013 - Synergy Resources Corporation, a Colorado based oil and gas company with assets in the Denver-Julesberg Basin and Southwestern Nebraska, expects to commence drilling operations on a four well horizont...
MGM Provides an Operations Update & Financial Results
Canada >> 4/25/2013 - MGM Energy Corp. (“MGM Energy” or the “Company”) announced its financial results for the three months ended March 31, 2013. The Company reported a net loss for the three months ended March 31, 2013 of...
Magnum Hunter Closes Eagle Ford Shale Acquisition
United States >> 4/24/2013 - Magnum Hunter Resources Corporation (the Company) announced that the Company has closed on the sale of all its ownership interests in the Company's Eagle Ford Shale properties located in Gonzales and ...
American Eagle Energy Provides Results of Operations for 2012
United States >> 4/23/2013 - American Eagle Energy Corporation (American Eagle or the Company) files Form 10-K and provides results of operations for 2012. ...
Cubic Enters into an Agreement to Acquire EagleBine Assets
United States >> 4/22/2013 - Cubic Energy, Inc. announces that it has entered into a definitive agreement to acquire proven reserves, oil & natural gas production and undeveloped leasehold interest in Leon and Robertson Counties,...
ESP Awarded $2 Mln Petrochemical Business for Eagle Ford Shale
United States >> 4/22/2013 - ESP Resources, Inc., an oil and gas services company, announced that it has been awarded production chemical work anticipated to be in excess of $2 million in 2013. ...
Austin Startup Omni Solutions Raises $4 Mln for Expansion
United States >> 4/22/2013 - Austin startup Omni Water Solutions, which sells water treatment technology for use in fracking operations, has raised $4 million to accelerate product development.

The company received the...
Genie Energy Signs Oil Shale Development Agreement
Mongolia >> 4/19/2013 - Genie Energy said that its subsidiary, Genie Oil Shale Mongolia, LLC (Genie Mongolia), and the Petroleum Authority of Mongolia (PAM) have entered into an exclusive oil shale development agreement to e...
WellStar Drilled The 1st Well on Its Acquisition Assets
United States >> 4/18/2013 - Wellstar Energy corp. is pleased to announce that the first well has been drilled and the second well has been spud on its anticipated primary non-operated joint venture ("JV") in Dunn County, North D...
Crimson Completed Drilling of Second 2013 Woodbine
United States >> 4/17/2013 - Crimson Exploration Inc. announced the successful completion of the Mosley B #1H (82.8% WI), its second Woodbine oil well in the 2013 capital program, at a gross initial production rate of 1,143 Boepd...
Magnum Hunter Provides 1Q 2013 & Operational Update
United States >> 4/16/2013 - Magnum Hunter Resources Corporation (the Company) announced an operational update on each of the Company's upstream unconventional resource plays for the first quarter of 2013 which includes (i) the A...
APL to Acquire Eagle Ford Midstream for $1 Billion
United States >> 4/16/2013 - Atlas Pipeline Partners, L.P. (APL, Atlas Pipeline, or the Partnership) announced that the Partnership has executed a definitive agreement to acquire 100% of the equity interests of TEAK Midstream, L...
Samson Extends Central Bakken Acreage
United States >> 4/16/2013 - Samson Oil & Gas Limited ("Samson" or the "Company") advises that is has agreed to acquire, in two tranches, a net 1,225 acres in two 1,280 acre drilling units located in the Rainbow Project, Williams...

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