Oil drilling operation is scheduled on the initial test well at the Windham or Wolfberry prospect in Upton County Texas. Caza Oil & Gas partner and the operator on this project, Devon Energy Production Company, L.P. commenced drilling of the Caza test well. Drilling Well is designed to drill to approximately 11,500 feet to test [...]
Fast-growing independent energy retailer, Australian Power & Gas (ASX: APK.AX), today reported a preliminary unaudited 79% increase in revenues to A$130.3M (2009: A$72.8M) for the financial year ended 30 June 2010 underpinned by a 44% increase in net customer accounts to 145,000 (2009: 101,000). The company recorded preliminary earnings before interest tax depreciation and amortisation [...]
Shares in oil and gas minnow Nexus Energy Ltd have powered higher, despite the company dismissing speculation it’s engaged in takeover talks with Royal Dutch Shell. Shares in Nexus closed up seven cents, or 23 per cent, at 37.5 cents, after a rollercoaster day’s trade sparked by rumours it was being eyed by the energy [...]