Articles Tagged "Oil Company News"

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.

Super Nova Petroleum Completes Coring and Logging Operations at Augusta Krone

Super Nova Petroleum Corp., (CSE:SNP) reported the completion of coring and logging operations at the Augusta Krone 31-32 wildcat exploration well, within the Alberta Bakken fairway and approximately 3 miles west of the Company's Milford lands. Data confirms presence of mature organic content and moveable hydrocarbons in place

Super Nova Petroleum Corp. Closes Private Placement

Super Nova Petroleum (CSE:SNP) says it has closed the fourth tranche of a non-brokered private placement issuing 725,000 units for gross proceeds of $36,500. Each unit is made up of one common share and one three-year common share purchase warrant giving the holder a chance to acquire an additional common share at $0.0075 during the first year, $0.10 during the second and $0.125 during the last year.

Hinto Energy Reports Revenue Growth in Third Quarter

Hinto Energy (OTCQB:HENI) reported that it generated oil sales of $159,167 during the third quarter of 2014 and $350,506 for the first nine months of 2014 — a 718% increase over the comparable period in 2013. The increased oil production and revenues is attributed to oil production from the Mason Lakes, Montana field.

TAG Oil Plans Return to Taranaki

TAG Oil (TSX:TAO, OTCQX:TAOIF) announced that it will abandon its petroleum exploration in the Waitangi Valley due to extreme drilling conditions and will now focus on its drilling rig at Taranaki to focus on its core oil producing assets at Cheal.