The paper states that for waterfloods, an ongoing prediction and surveillance program can determine ultimate recovery and improve timing of events, such as initial water breakthrough and peak production. This helps maximize oil recovery at the lowest water-oil ratio and operating cost level. Waterflooding is the most successful and widely...
All amounts are in Canadian dollars unless stated otherwise Exall Energy Corporation ("Exall Energy" or the "Company") (TSX: EE) is pleased to announce financial and operating results for the three and nine months ending September 30, 2008. Exall achieved record production and cash flow results in the third quarter of...
www.onthewavefront.com For Immediate Release TSX-V: WEE Pink Sheets: WEESF EDMONTON, Oct. 20 /PRNewswire-FirstCall/ -- Wavefront Energy and Environmental Services Inc. ("Wavefront"), a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to announce that another Texas-based, independent oil and gas company...
FORT WORTH, Texas -- Cano Petroleum, Inc. (AMEX:CFW) today announced that on October 1, 2008 it completed the previously announced sale of its subsidiary, Pantwist, LLC, to Legacy Reserves Operating L.P. for $42.7 million. Net proceeds to Cano, after expenses and other customary adjustments, were $41.7 million. Net proceeds were...
FORT WORTH, Texas -- Cano Petroleum, Inc. (Amex:CFW) today announced that on October 1, 2008 it completed the previously announced sale of its subsidiary, Pantwist, LLC, to Legacy Reserves Operating L.P. for $42.7 million. Net proceeds to Cano, after expenses and other customary adjustments, were $41.7 million. Net proceeds were...
TSX-V: WEE Pink Sheets: WEESF EDMONTON, Sept. 25 /PRNewswire-FirstCall/ -- Wavefront Energy and Environmental Services Inc. ("Wavefront"), a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to announce that the first installation of the eight Powerwave systems first announced September...
TSX-V: WEE Pink Sheets: WEESF EDMONTON, Sept. 15 /PRNewswire-FirstCall/ -- Wavefront Energy and Environmental Services Inc. ("Wavefront"), a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to announce that a Calgary-based, oil and gas company will deploy eight Powerwave systems...
Franklin Mining, Inc. (PINKSHEETS: FMNJ)(FRANKFURT: FMJ) Chairman and CEO William Petty announces that, based on a1997 estimated reserve value, at a 10% discount rate, prepared by Harperand Associates for $20.00 per barrel oil, the proven oil reserves andproven undeveloped oil reserves contained in the Waterflood lease have anapproximate current value...
Franklin Mining, Inc. (PINKSHEETS: FMNJ)(FRANKFURT: FMJ) Chairman and CEO William Petty is pleased to announce thatFranklin Oil & Gas, Inc. hit oil in a recently acquired West Texas lease. Collectively known as the Waterflood, Franklin Oil & Gas has acquired 51%interest in oil and gas leases identified as Kessler, Graham...
Cano Petroleum, Inc. (Amex:CFW) is an oil and gas company that utilizes secondary waterflood and enhanced oil recovery EOR methods to produce oil and gas from mature U.S. fields. The company's focus on enhanced recovery of existing onshore domestic oil fields eliminates exploration risk as well as the political and...
FORT WORTH, Texas -- Cano Petroleum, Inc. (AMEX:CFW) today announced it is projecting quarter on quarter production growth of 7 - 8% for the first quarter of FY2009 and quarter on quarter production growth of 10 - 12% for the second quarter of FY2009. For the three months...
FORT WORTH, Texas -- Cano Petroleum, Inc. (AMEX:CFW) today announced the results of its Fiscal Year End Reserves as prepared by Miller and Lents, Ltd., its new independent petroleum engineer. Proved developed producing PDP reserves increased 25% to 10.6 million barrels of oil equivalent BOE up from 8.5 million BOE...
Southern Plains Oil Corp. has purchased a 25-percent interest in a waterflood enhanced recovery property in Rogers County and a similar property in Nowata County. The company (formerly known as Lifetime Sealant Products Inc.) plans to start waterflood enhancement on the two properties this month. ...
FORT WORTH, Texas -- Cano Petroleum, Inc. (AMEX:CFW) today announced its results for the third quarter ended March 31, 2008. Following are selected highlights: Third Quarter Results For the three months ended March 31, 2008, Cano reported production of 1,495 barrels of oil equivalent per day...
Magellan Energy, Ltd. (PINKSHEETS: MGLG), anindependent oil and gas company, issued an update today for the Thomas D.Martin Lease, Permit #6625 of Morgan County, Tennessee. Magellan Energy announced that the development work for the Thomas D.Martin Waterflood project, which is about 50 miles northwest of Knoxvilleand less than 20...
LONDON, ONTARIO, Apr 3, 2008 Marketwire via COMTEX -- Greentree Gas & Oil Ltd. (TSX VENTURE:GGO) ("Greentree" or the "Company") is pleased to announce that the Company has completed the drilling of the first well of a 6-well drilling program. GGOL#77 was completed as an oil...
CALGARY, ALBERTA, Mar 19, 2008 Marketwire via COMTEX -- Midnight Oil Exploration Ltd. (TSX:MOX) is pleased to announce its financial and operating results for the three month period and year ended December 31, 2007. PRESIDENT'S MESSAGE For 2007 Midnight...
FORT WORTH, Texas -- Encore Acquisition Company (NYSE:EAC) announced that Bob Reeves, Encore's Senior Vice President and Chief Financial Officer, will present at the Credit Suisse Global Leveraged Finance Conference at the Arizona Biltmore Resort in Phoenix, Arizona. He will be speaking at 10:00 a.m. on Wednesday, March 26th. ...
CALGARY, ALBERTA, Mar 14, 2008 Marketwire via COMTEX -- CROCOTTA ENERGY INC. (TSX:CTA) ("Crocotta") is pleased to announce it has increased current production to over 2,600 boepd and tied-in an additional 400 boepd that will be onstream next week for total corporate production of 3,000 boepd...
SOUSA, ALBERTA, Mar 5, 2008 Marketwire via COMTEX -- Drake Pacific Enterprises Ltd. ("Drake") (TSX VENTURE:DPE) and its partners (Drake net W.I. 22% - 57%) have been approved to begin construction of a pipeline to allow the reactivation of both oil and gas wells in the...
Articles 2008-03-05
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