Americas onshore
Aminex PLC, the oil and gas company listed in London and Dublin, announces that an independent report has now been finalised by Offshore Production Consultants Ltd. ("OPC") on oil and gas properties held by the Company’s wholly-owned subsidiary Aminex USA, Inc. OPC is a recognised oil and gas reserves engineering firm based in London and Houston. 
Index Oil and Gas, Inc. has committed to drill two wells in south Texas. The company has signed an exploration agreement committing to drill two wells in south Texas, Habanero G2 in Goliad County and Serrano V3 in contiguous Victoria County. Both wells target gas in shallow Frio and Vicksburg reservoirs. 
Oslo-listed Canadian independent, Questerre Energy, has struck gas again at its Beaver Creek well in British Columbia, where up to 540 million cubic feet are targeted. 
Imperial Oil announced today that the Alberta Energy and Utilities Board (AEUB) and the Government of Canada have given conditional approval to Imperial’s proposed Kearl oil sands project, following a joint federal and provincial review. 
Mustang Engineering ("Mustang") a wholly owned subsidiary of international energy services company John Wood Group PLC ("Wood Group"), and Wood Group, have been awarded U.S. patent 715 5917 for a proprietary process to convert liquefied natural gas (LNG) into natural gas. 
Toronto-listed, “Alberta-only” Celtic Exploration has raised C$25 million ($21.4 million) in a lightning offering of 1.5 million common shares overseen by a “syndicate” of Canada-based underwriters.
Rocksource's production increase from US operations Feb 27, 2007
Rocksource ASA Group has through its US subsidiaries recently completed the Morian 4 well and started to deliver gas to sales. The current flow rate is ca. 1.5 million cubic feet/day, equivalent to ca. 250 barrels of oil equivalent (boe) per day, through an 8/64" choke.
IOR is EOR in Ridgeway bid for extra barrels Feb 26, 2007
Houston-oil company Ridgeway Petroleum has acquired an old New Mexico oilfield the U.S Department of Energy believes is is one of many ripe for carbon-dioxide induced enhanced oil recovery, or EOR (improved oil recovery, or IOR in Europe). 
Drilling chemicals producer, M-I LLc has filed a lawsuit against oilfield services giant Halliburton of alleged “attempts to monopolize the market for enhanced drilling fluids used in oil and gas drilling operations,” a statement said. 
Norway-based oil outfit Interoil E&P noted the impact of drilling costs before posting on Friday an $11.7 million fourth-quarter loss on revenues that slipped 1.2 million to $10.7 million. 
Houston, Texas based Unicorp, Inc. has entered into an agreement that identifies and provides engineering, technical and intellectual data, including 3D seismic, on a new prospect located in South Texas with estimated gross reserves of 3.5 Bcf of gas. 
At least one Canadian oil company has come out to tell the Canadian government that without clear stance on Kyoto, it could not calculate the cost of climate-change policy on its business. 
Pipeline and storage giant, TransCanada Corp. has spent C$300 million for 50 percent of the newly placed shares of TC Pipelines, the other half now in the hands of U.S. institutional investors, it was understood Thursday. 
Houston, Texas based Petro Resources Corporation has successfully closed its previously announced Williston Basin Acquisition. As partial consideration for the Acquisition, the Company paid cash consideration of $10,000,000 and issued 3,144,655 shares of common stock which are subject to the Securities and Exchange Commission Section 144 restrictions. 
Chaco Resources Plc, the oil and gas explorer and developer focused in South America announces that the spud date for the Cachapa £1 well on the Primavera block, Colombia, is now anticipated to be in the first half of March 2007. |
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