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1st NRG Provides Operations Update

1st NRG Corp. provides an update on the company’s operations.

22 Oct 2012

Shale Gas Resources in North America Estimated at 3.3 Qcf

Separate studies released in the last week by two respected Canadian firms, one of Western Canadian shale gas resources and another of the U.S. shale gas base have moved the tally of North American potential to a new plateau, beyond the trillions (Tcf) to 3.3 quadrillion cubic feet (Qcf), according to reports by Natural Gas Intelligence (NGI).

9 Oct 2012

Balex Delta Pollution Response Operation was Successfully Conducted in Baltic Sea Area near Finland

On 28 and 29 of August, a mock pollution response operation, Balex Delta, was conducted in the Baltic Sea by the countries along the sea. The region chosen to carry out this operation was the sea area near Helsinki in Finland.

5 Sep 2012

Cub Energy Completes Natural Gas Testing Operations at Makeevskoye-20 Well

Cub Energy has announced that testing for gas has been completed at the Makeevskoye-20 (M-20) well at a rate of 5.3 MMcf per day. The well is located in Ukraine.

4 Sep 2012

Shell Petroleum Assigns 30% Interest in Nigerian OML

On 31 August 2012, Royal Dutch Shell’s subsidiary Shell Petroleum Development Company of Nigeria (SPDC) sold 30% interest in oil mining lease (OML) 40 to Elcrest Exploration and Production Nigeria. OML is located in the Niger Delta. SPDC has received approximately US$102 million as total cash proceeds through this deal.

3 Sep 2012

Pan Orient Energy to Suspend Jatayu-1 Exploration Well

Pan Orient Energy has announced that the company will suspend the Jatayu-1 exploration well, which is situated onshore Indonesia. This well is cased down to 4.5 in. and has a measured depth of 6,640 ft.

From Dialog Group Berhad 3 Sep 2012

Majority of Respondents Expect Increase in M+A Activity in Oilfield Services

A new report titled Ernst & Young Dynamic Dealmaking in Oilfield Servicesreleased by mergermarket and Ernst & Young, has revealed that 84% of the survey respondents anticipate an increase in mergers and acquisitions (M&A).

30 Aug 2012

Eagleford Energy Reaches Target Depth in Drilling Shale Test Well at Murphy Lease

Eagleford Energy has declared that Dyami Energy, the company's wholly-owned subsidiary, has attained its target depth to drill a shale test well at its Murphy Lease in Texas.

28 Aug 2012

AusTex Oil Updates on Exploration and Development Activities in Kansas

AusTex Oil provides operation update to shareholders on its exploration and development programs carried out in Northwest Kansas.

From AusTex Oil Limited 14 Aug 2012

What Are The Water Pollution Risks Posed By Hydraulic Fracturing?

Risk analysts have concluded that the disposal of contaminated wastewater from hydraulic fracturing (or "fracking") wells producing natural gas in the intensively developed Marcellus Shale region poses a substantial potential risk of river and other water pollution.

7 Aug 2012