Latest Conventional News

EnerJex completes 50th new well in Rantoul Project

Jan 5, 2012

San Antonio-based EnerJex Resources Inc. (OTCMarkets:ENRJ) said Jan. 5 that it has completed drilling 50 new wells in its Rantoul Project located in Eastern Kansas.

EnerJex sells $4 million in non-core assets

Dec 21, 2011

San Antonio-based EnerJex Resources Inc. said Dec. 21 that it has sold certain non-core assets in eastern Kansas for $4 million in cash.

SandRidge and Atinum Partners in $500 million JV in Mississippi Lime formation

Aug 4, 2011

On Aug. 4, SandRidge Energy (NYSE: SD) said it has entered into a joint venture with an affiliate of Atinum Partners Co., Ltd., a private investment firm located in the Republic of Korea.

ExxonMobil to extract additional oil from West Texas field

May 10, 2011

ExxonMobil Production Company said May 10 that drilling and construction have started on an enhanced oil recovery project at the Means Field in Andrews County, Texas.

Iraq's West Qurna I field reaches oil production milestone

Mar 28, 2011

On March 28, ExxonMobil Iraq Limited, together with the South Oil Company of Iraq and co-venturers Shell West Qurna BV and Oil Exploration Company of Iraq, announced a major production milestone in the redevelopment of the West Qurna I oil field in Southern Iraq.

Saratoga Resources resumes production from Little Bay Field

Feb 23, 2011

Independent exploration and production company Saratoga Resources Inc. has resumed production from the previously shut-in Little Bay Field in Saint Mary Parish, Louisiana.

Oxy to co-develop giant Shah Gas Field with ADNOC

Jan 20, 2011

Occidental Petroleum said Jan. 20 it has been selected by the Government of Abu Dhabi to participate in the development of Abu Dhabi’s Shah Gas Field, one of the largest gas fields in the Middle East.

Canacol Energy sets 2011 CAPEX budget of $106M

Dec 29, 2010

Canacol Energy Ltd. announced a 2011 CAPEX budget of US$106 million for exploration and development activities in Colombia, Guyana, and Brazil. 

Marathon calls Deepwater Indonesia well challenging, encouraging

Dec 13, 2010

Marathon Oil Corp. drilled the deepwater Bravo-1 well offshore the island of Sulawesi in the Makassar Strait, Indonesia, to a total depth of 9,000 feet.

MegaWest Energy CFO resigns

Dec 3, 2010

Kelly D. Kerr, vice president finance and CFO of MegaWest Energy Corp., resigned from the company November 26, 2010.