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Sacramento Basin: Royale Energy Discovery Natural Gas Magnum Well in Lonestar Field
Royale Energy, Inc announced it has set pipe at its Magnum #1 well located in the Lonestar field area of the Sacramento Basin. The well reached total depth and electric logs have been run. The well intersected a thick Forbes formation confirming the targets that were indicated on Royale Energy’s 3-D seismic data. Log analysis [...]
Tuesday, November 16th, 2010Korean Gas Moving in Indonesia and Australia LNG to Acquire Shareholding
Korea Gas or KOGAS keep on acquiring shareholding in Indonesian and Australian liquefied natural gas or LNG projects as it aims to secure supplies. The state run company is keen on bolstering Korea’s supplier of liquefied natural gas and the planned Australian acquisitions are expected to result in stable supplies. KOGAS has now grown to [...]
Saturday, October 30th, 2010Russian Gas Company Gazprom Restore Natural Gas Level in 2012 Before Crisis
Russian gas company or Gazprom is restored natural gas demand to reach levels 2012 as before crisis. Alexander Medvedev head Gazprom Export talking that Gazprom will expect to be restored to the pre crisis level by year 2012, Based on the development of the oil price in the last few months, we can expect prices [...]
Tuesday, September 7th, 2010