Articles Tagged "Oil Company News"

Junex Hits Oil in Galt Number 4 Well

Junex Inc. (TSXV:JNX) announced that it had struck oil on its Galt Number 4 horizontal well on the Foragaz No. 4 drilling rig. Having finished drilling on November 20, this is the first horizontal oil exploration well ever drilled by industry in Quebec.

Apache Corporation Announces North American Update

Apache Corporation (NYSE:APA) provided an update for investors on Thursday, forecasting that North American onshore liquids would experience a growth of 12 to 16 percent, with production growing eight to 12 percent. The company also announced that it had agreed to sell non-core southern Louisiana and certain Anadarko Basin oil and gas assets for roughly $1.4 billion.