Oil Shale News

Pioneer Stop Divest its properties in Barnett Shale
United States >> 1/30/2013 - Pioneer Natural Resources Company (Pioneer or the Company) announced the Company has discontinued efforts to divest its properties in the Barnett Shale. ...
Contact Provides Montney Operations Update
Canada >> 1/29/2013 - Contact Exploration Inc. is pleased to announce that it will be participating in a new non-operated Montney well, immediately adjacent to Contact’s existing 25% working interest Kakwa acreage. The ope...
ZaZa Provides Operational Update in Eaglebine Shale
United States >> 1/28/2013 - ZaZa Energy Corporation (ZAZA) provided operational updates related to its properties in the Eaglebine region in Texas. ...
ZaZa Provides Eagle Ford Shale Operational Update
United States >> 1/28/2013 - ZaZa Energy Corporation provided operational updates related to its properties in the Eagle Ford regions in Texas. ...
MGM Energy Spuds Canol Shale Oil Well
Canada >> 1/28/2013 - MGM Energy Corp. ("MGM Energy" or the "Company"), announces the spudding of the East MacKay I-78 well on Exploration License 466B in the Central Mackenzie Valley of the Northwest Territories on Januar...
Abraxas Provides Operational and Financial Update
United States >> 1/28/2013 - Abraxas Petroleum Corporation is pleased to provide the following operational and financial update. ...
Rosetta’s Proved Reserves & Reduced Eagle Ford Well Costs
United States >> 1/24/2013 - Rosetta Resources Inc reported preliminary operational results for 2012 that include double-digit growth in production and proved reserves and significantly reduced well costs. The Company plans to re...
Continental Increases Proved Reserves 54% to 785 MMBoe
United States >> 1/23/2013 - Company's Bakken Proved Reserves Almost Double, Exceeding a Half-Billion Barrels of Oil Equivalent 58 Percent Estimated Production Growth Achieves 2012 Target. ...
Linc Energy Confirms Shale Potential in South Australia
Australia >> 1/23/2013 - Linc Energy is pleased to announce that two separately commissioned and independent reports from DeGolyer and MacNaughton (D&M) and Gustavson have confirmed the significant resource potential of the t...
WPX Energy Makes Discovery in Niobrara Formation
United States >> 1/22/2013 - WPX Energy’s successful Niobrara shale discovery in western Colorado has the potential to significantly increase the company’s natural gas reserves and daily production in ensuing years. ...
Gulfport Energy Reports Utica Shale Results
United States >> 1/22/2013 - Gulfport Energy Corporation announced production results on its Clay 1-4H and Stutzman 1-14H wells in the Utica Shale. ...
Magnum Hunter Plans to Begin Developing in Utica Leasehold
United States >> 1/22/2013 - Magnum Hunter Resources Corporation (the "Company") announced that it intends to drill a minimum of four (4) Utica test wells in Ohio this year. If results are similar to those experienced by offset O...
Texon Petroleum Seventh Eagle Ford Well Tested
United States >> 1/18/2013 - The Texon-Quintanilla SMEF 1H (Texon Petroleum's 7th Eagle Ford well) has tested at rates of 1,503 bopd and 1,270 mcfgpd (1,705 boepd) on a 22/64th choke with flowing tubing pressure of 2,665 psi. ...
ONEOK to Invest $500 M for Additional Growth Projects
United States >> 1/17/2013 - ONEOK Partners, L.P.announced plans to invest approximately $465 million to $500 million between now and 2015 to: ...
JAPEX Acquired Additional Acquisition Shale Oil Interest
United States >> 1/16/2013 - As a press release on August 10, 2012 informed, Japan Petroleum Exploration Co., Ltd. (JAPEX) participated through a 5% working interest in a shale oil development project in the State of Texas, USA (...
Petsec Energy Drills First Shale Oil Well to Total Depth
Canada >> 1/16/2013 - Petsec Energy is pleased to advise that the first horizontal well on its shale oil project in Alberta, Canada has been drilled to a total measured depth of 3,754 metres (12,313 feet) and is temporar...
Texon Petroleum's 6th Eagle Ford Well Tested
United States >> 1/15/2013 - The Texon-Hoskins 3H (Texon Petroleum's 6th Eagle Ford well) has tested at rates of 1,751 bopd and 1,537 mcfgpd (2,007 boepd) on a 22/64" choke with flowing tubing pressure of 3201 psi. The well spudd...
Carrizo Oil & Gas Announces 2013 Capital Spending Program
United States >> 1/15/2013 - Carrizo Oil & Gas, Inc. announced that the Carrizo Board of Directors has approved a 2013 drilling and completion program of $500 million to be allocated as follows: ...
Consol’s 2013 Plan: Spend Lots on Marcellus & Utica Shale
United States >> 1/14/2013 - Consol Energy expects to invest $122 million in its Utica shale joint venture with Hess Corp. in 2013, the company reported this morning.

Of that amount, $90 million will be allocated towar...
Pétrolia Indicates Positive Results of Two Anticosti Coreholes
Canada >> 1/14/2013 - Petrolia is pleased to announce initial results for the Macasty shale Formation oil cores taken from the Princeton Lake and Highcliff coreholes on Anticosti Island by Pétrolia and Corridor Resources i...

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