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Topaz Resources Start Multi Well Drilling on Shallow Oil Project, Ecopetrol Initial In Meta Province

Topaz Resources Inc announced that it has commenced the first phase of its multi well drilling program on its North Texas shallow oil project, which comprises 543.69 acres with a history of proved producing oil wells, located in Wichita County. Topaz expects to drill and complete these three wells during December and January. Ecopetrol S.A [...]

Saturday, December 4th, 2010

Petroleum Geo Services Explain Offshore Eastern Mediterranean

Petroleum Geo-Services explain why they think a new hydrocarbon province could open up offshore Cyprus and Lebanon in the next few years. With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Offshore Cyprus and Lebanon are huge unexplored [...]

Thursday, March 4th, 2010

Oil and Gas Companies Targets Merger and Acquisition

Oil and gas companies, including Devon Energy, Occidental Petroleum and Chesapeake Energy, could be targets for mergers and acquisitions in the coming year after bottoming out in 1Q 2009, M&A in the industry have been on a sharp upswing, said Deloitte vice chairman and senior oil & gas leader Gary Adams at the Energy M&A [...]

Wednesday, February 24th, 2010
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