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Chevron Lowers 2017 Production Target Slightly, Cuts Capital Spending 25% for 2016

Nov 4, 2015

Chevron on Friday revised slightly lower an earlier future production target due to prolonged but uncertain lower oil prices, while at the same slashing its capital spending for 2016 by 25% compared to this year. The company now sees ...

Tags: Chevron, oil prices, shale oil

Blue Gold's 2012 Drilling Program Will Focus Primarily on Testing The Main Target

Jul 9, 2015

Blue Gold's 2012 drilling program will focus primarily on testing the Main Target, a 1,400 metre by 500 metre zone of gold-copper mineralization associated with monzonite porphyry bodies. A total of 43 holes, averaging only 180 metres in ...

Tags: goldc-copper-silver, metallurgy, mineral

Cleveland and BC Iron Were Able to Produce High Grade Iron Ore Concentrate

Jun 3, 2014

Australian miner Cleveland Mining has announced that, together with its iron ore alliance partner Australia-based BC Iron, it is able to produce high grade iron ore concentrate from its Caetite project in the Brazilian state of Bahia after ...

Tags: Iron, High Grade Iron Ore

Fortescue Metals Added 1.16 Billion mt of Mineral Resources to Its Greater Solomon Iron

May 22, 2014

Australian-miner Fortescue Metals Group has announced that it has added 1.16 billion mt of mineral resources to its Greater Solomon iron ore mine, following a drilling program. Fortescue stated that total Greater Solomon mineral resources ...

Tags: Fortescue, Iron Ore

An Expansion of Hess' Natural Gas Processing Plant Will Cut Gas Wasted and Boost NGL

May 21, 2014

Hess Corp. and North Dakota officials gathered Monday to mark the recent completion of an expansion of the company's natural gas processing plant that will help cut the amount of gas production wasted through flaring and boost NGL ...

Tags: natural gas, pipeline

South Texas' Giant Eagle Ford Shale Was The Best Asset for Big US Upstream Operator EOG

Feb 27, 2014

South Texas' giant Eagle Ford Shale was the best asset for big US upstream operator EOG Resources in 2013 and will again drive oil growth this year, the company's CEO said Tuesday. Last year Houston-based EOG focused on improving well ...

Tags: Eagle Ford, Oil Growth

TAG Oil Ltd Provide The Following Exploration Drilling Update in Shallow & Deeper Target

Jan 13, 2014

TAG Oil Ltd. (the "Company" or "TAG") (TSX: TAO) and (OTCQX: TAOIF) is pleased to provide the following exploration and development drilling update in both the shallow and deeper targets within the Taranaki Basin. As TAG enters calendar ...

Tags: TAG, Taranaki Basin, operational update, exploration targets

Corvus Gold Inc Announces Initial Assay Results From Three Core Holes

Jan 13, 2014

Corvus Gold Inc. ("Corvus" or the "Company") - (TSX: KOR, OTCQX: CORVF) announces initial assay results from three core holes along the northern extension of the Yellowjacket deposit, and two core holes from the western extension of the ...

Tags: Corvus, Yellowjacket deposit, assay result, Sierra Blanca deposit

GE Energy Financial Services Formed Its Third Partnership with a Vess Oil Corp

Jan 10, 2014

GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...

Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves

Parallel Energy Trust Announced Its Estimated Production Results for Q4 and Full Year 2013

Jan 10, 2014

Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its estimated production results for the fourth quarter and full year 2013, the commencement of its 2014 drilling program and its estimated year-end ...

Tags: Parallel Energy Trust, estimated production results

Whitecap Has Completed The Previously Announced Acquisition of a Private Company

Jan 9, 2014

Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that Whitecap has completed the previously announced acquisition of a private company ("PrivateCo") pursuant to a plan of arrangement (the "Arrangement") under the ...

Tags: Whitecap, acquisition, PrivateCo, Business Corporations Act

Duluth Metals' Twin Metals Minnesota Project Pre-Feasibility Is Progressing Well

Jan 9, 2014

Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX: DM.U) is pleased to announce that the Twin Metals Minnesota Project ("Twin Metals") Pre-feasibility is progressing well with a completion date scheduled for mid-year 2014. Over the ...

Tags: Duluth Metals, Twin Metals Minnesota Project, Pre-feasibility

Hemisphere Energy Corporation Commenced Operations for Its Winter Drilling Program

Jan 9, 2014

Hemisphere Energy Corporation (TSX-V: HME) is pleased to announce that it has commenced operations for its winter drilling program with three development wells planned in the Atlee Buffalo and Jenner areas of southeast Alberta. ...

Tags: Hemisphere Energy Corporation, winter drilling program, Atlee Buffalo

United Hydrocarbon Is Pleased to Announce The Commencement of Drilling in Chad

Jan 8, 2014

United Hydrocarbon International Corp. ("United" or the "Company") is pleased to announce the commencement of drilling in Chad. The Belanga 1A well, spud on January 3, 2014, by wholly owned subsidiary United Hydrocarbon Chad Ltd., is the ...

Tags: United Hydrocarbon International, Chad, commencement of drilling

FieldPoint Petroleum's drilling of the Ranger Unit 8A #1H with Riley Exploration Group

Jan 8, 2014

FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today reported the drilling of the Ranger Unit 8A #1H with Riley Exploration Group of Blanchard, OK. Completion and fracking of the well is to begin this week. FieldPoint President, Phillip ...

Tags: FieldPoint Petroleum Corporation, Ranger Unit 8A#1H

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