Yahoo! Canada Finance: Oil & Gas Drilling & Exploration Industry News

Petrolifera Petroleum strengthens balance sheet during third quarter 2009 (Q3 2009) with $58.5 million equity raise; Focus in fourth quarter 2009

Fri, 06 Nov 2009 20:29:13 GMT

CNW Group - Petrolifera Petroleum Limited substantially strengthened its financial condition and balance sheet during Q3 2009 with a successful $58.5 million equity raise comprised of a $57.5 million publicly-marketed, underwritten transaction and a $1 million private placement with management and directors on identical terms to the public offering.

Bronco Drilling Company, Inc. Announces Third Quarter Results

Fri, 06 Nov 2009 13:35:29 GMT

Business Wire - Bronco Drilling Company, Inc., (Nasdaq/GS:BRNC), announced today financial and operational results for the three months and nine months ended September 30, 2009.

Halliburton Awarded Integrated Turnkey Drilling Contract for South Ghawar

Fri, 06 Nov 2009 12:35:30 GMT

Business Wire - Halliburton (NYSE: HAL) has been awarded the integrated turnkey drilling contract in South Ghawar.

EOG Resources Reports Third Quarter 2009 Results - Increases 2009 Total Production Growth Target from 5.5 to 6 Percent and Total Liquids Growth Targ

Thu, 05 Nov 2009 22:11:09 GMT

PRNewswire - EOG Resources, Inc. (NYSE: EOG) (EOG) today reported its third quarter 2009 operating and financial results.

Sterling Resources picks up the drill bit for another multi-well drilling program

Thu, 05 Nov 2009 22:00:26 GMT

CNW Group - Sterling Resources Ltd. (TSX-V: SLG) ("Sterling" or the "Company") is pleased to announce the commencement of an eight well exploration and appraisal program, covering several key assets, which is anticipated to be completed by mid 2010.

Cheetah Oil & Gas Ltd.: Financing, Debt Consolidation and Drilling Update

Thu, 05 Nov 2009 21:45:06 GMT

Business Wire - Cheetah Oil & Gas Ltd. (OTC BB: COHG) (the "Company" or "Cheetah") Cheetah is pleased to report it has completed an equity financing and debt settlement that will support ongoing operations.

Bronco Signs Letter of Intent to Sell Drilling Rigs

Thu, 05 Nov 2009 18:31:22 GMT

Marketwire - THIS PRESS RELEASE IS Bronco Energy Ltd. ("Bronco" or the "Company") (TSX:BCF) is pleased to announce that Bronco Drilling Services Ltd., a wholly owned subsidiary, has signed a Letter of Intent with CanElson Drilling Inc., for the sale of a telescopic double rig, a single rig, and related contracts and equipment for cash proceeds of $6.5 million.

CanElson Drilling Signs Letter of Intent to Purchase Drilling Rigs

Thu, 05 Nov 2009 17:09:30 GMT

Marketwire - CanElson Drilling Inc. ("CanElson") (TSX VENTURE:CDI) announces that it has signed a Letter of Intent with Bronco Drilling Services Ltd., a wholly owned subsidiary of Bronco Energy Ltd., for the purchase of a telescopic double rig, a single rig, and related contracts and equipment for cash proceeds of $6.5 million.

Empire Signs Back to Site Agreement with Hunt Energy Drilling, Orders Independent Report by RPS to Further Validate U.S. $3.3 Billion WHK Valuatio

Thu, 05 Nov 2009 14:37:04 GMT

Business Wire - Empire Energy Corp. Intl. (OTC BB: EEGC) has signed Back to Site Agreement with Hunt Energy...

Crown Point Ventures Ltd. Makes Gas Discovery From Third Well and Completes El Valle Drill Program in Argentina

Thu, 05 Nov 2009 14:15:10 GMT

Marketwire - Crown Point Ventures Ltd. (the "Company") (TSX VENTURE:CWV) advises that it has successfully completed the EVx-20 well as a dual zone gas discovery.

InterOil Corporation Antelope-2 Well Drilling Report No. 4 November 5, 2009

Thu, 05 Nov 2009 13:30:59 GMT

PRNewswire -

PXP Announces 2009 Third Quarter Results -- Net income was $39.3 million or $0.30 per diluted share.-- Net income including realized gains an

Thu, 05 Nov 2009 12:35:30 GMT

PRNewswire - Plains Exploration & Production Company (NYSE: PXP) ("PXP" or the "Company") announces third quarter 2009 financial and operating results and files full-year 2010 guidance with the SEC on a Form 8-K.

Pioneer Drilling Reports Third Quarter 2009 Results

Thu, 05 Nov 2009 11:00:40 GMT

PRNewswire - Pioneer Drilling Company, Inc. (NYSE Amex : PDC) today reported financial and operating results for the three months ended September 30, 2009.

Continental Resources Announces Strong Third Quarter 2009 Results Third Quarter Operating and Net Income Are Double Those for Second Quarter 2009Comp

Thu, 05 Nov 2009 11:00:39 GMT

PRNewswire - Continental Resources, Inc. (NYSE: CLR) today announced that it doubled operating earnings and net income for the third quarter of 2009, compared with results for the second quarter of 2009, based on higher crude oil prices and lower production costs.

Trinidad Drilling Ltd. reports third quarter and year-to-date 2009 results; strong gross margins maintained and expanded US and International operatio

Wed, 04 Nov 2009 13:30:30 GMT

CNW Group - Trinidad Drilling Ltd. ("Trinidad" or the "Company") reported operating and financial results for the third quarter and first nine months of 2009 today.

Pioneer Drilling Announces Third Quarter 2009 Earnings Release and Conference Call Schedule

Wed, 04 Nov 2009 12:45:07 GMT

PRNewswire - Pioneer Drilling Company (NYSE Amex: PDC) announced today that it intends to release financial results for the three months ended September 30, 2009, on Thursday, November 5, 2009 before the market opens.

WesternZagros Announces a Gas and Condensate Discovery After Drilling Through the Tertiary Reservoir Interval at Kurdamir-1

Wed, 04 Nov 2009 12:30:05 GMT

Marketwire - WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") announced today that Kurdamir-1 has reached an intermediate depth of 2,601 metres, and has drilled through the Oligocene and Pilaspi/Jaddala reservoir targets in the Tertiary.

Alberta suspends sour gas drilling

Wed, 04 Nov 2009 00:47:08 GMT

CBC - The government agency that regulates Alberta's oil and gas industry Tuesday temporarily suspended issuing licences for sour gas projects.

Arena Resources Announces Addition of Fourth Drilling Rig at Fuhrman-Mascho

Tue, 03 Nov 2009 15:08:33 GMT

Business Wire - Arena Resources, Inc. (NYSE: ARD) (“Arena”)(“Company& #x201d;) announced today that it has added a fourth drilling rig, a contract rig, to accelerate the development of its Fuhrman-Mascho (“Fuhrman-Mascho”) assets in Andrews County, Texas.

Bronco Drilling Company Third Quarter 2009 Earnings Conference Call

Tue, 03 Nov 2009 15:04:05 GMT

Business Wire - Bronco Drilling Company, Inc. (NASDAQ:BRNC):

American Energy Resources Drills Seven New Wells

Tue, 03 Nov 2009 14:49:46 GMT

Business Wire - American Energy Resources, an established industry leader in the mid-continent region for oil and gas exploration and processing, announced today an initiative to drill and test seven new oil wells in Graham County, Kansas.

Parker Drilling Reports 2009 Third Quarter Earnings of $0.06 Per Share; Adjusted EPS of $0.04, Excluding Non-Routine Items

Tue, 03 Nov 2009 13:01:34 GMT

PRNewswire - Parker Drilling (NYSE: PKD), a global drilling contractor and service provider, today reported results for the quarter ended Sept. 30, 2009, including net income of $7.1 million or $0.06 per diluted share on revenues of $181.4 million, compared to net income of $17.8 million or $0.16 per diluted share on revenues of $227.5 million for the prior year's third quarter.

Patterson-UTI Reports Drilling Activity for October 2009

Tue, 03 Nov 2009 11:45:08 GMT

PRNewswire - PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today reported that for the month of October 2009, the Company had an average of 88 drilling rigs operating, including 82 rigs in the United States and 6 rigs in Canada.

Angle Energy Inc. Announces Horizontal Drilling Success at Lone Pine Creek

Mon, 02 Nov 2009 22:55:40 GMT

Marketwire - Angle Energy Ltd. ("Angle") (TSX:NGL) Angle Energy Announces Horizontal Drilling Success at Lone Pine Creek.

Union Drilling Reports 2009 Third Quarter Results

Mon, 02 Nov 2009 21:05:15 GMT

PRNewswire - Union Drilling, Inc. (Nasdaq: UDRL) announced today financial and operating results for the three and nine months ended September 30, 2009.

Trinidad Drilling Ltd. - Third Quarter Results Webcast - November 4, 2009

Mon, 02 Nov 2009 20:13:04 GMT

CNW Group - Notification of Third Quarter Results Webcast:

Parker Drilling to Present at Bank of America/Merrill Lynch Energy Conference

Mon, 02 Nov 2009 17:38:13 GMT

PRNewswire - Parker Drilling (NYSE: PKD) announced today that David C. Mannon, president and chief executive officer, and W. Kirk Brassfield, senior vice president and chief financial officer, will present at the Bank of America/Merrill Lynch Energy Conference in New York.

Petro-Reef Resources Ltd.: Exploration Drilling Success to Double Oil Production

Mon, 02 Nov 2009 14:09:04 GMT

Marketwire - Petro-Reef Resources Ltd. (TSX VENTURE:PER) -

Black Hawk Exploration Approves Geologists Recommended Drill Program to Explore for Lithium Bearing Brines on Clayton Valley Claims

Mon, 02 Nov 2009 11:00:30 GMT

PRNewswire - Black Hawk Exploration, Inc. (OTC Bulletin Board: BHWX) ("Black Hawk") announces plans to advance the Blue Lithium 56 claim 1,120 acre land position in the Clayton Valley, Esmeralda County Nevada.

Kallisto announces name change, share consolidation, completion of asset purchase and updates to drilling program

Fri, 30 Oct 2009 23:19:36 GMT

CNW Group - Kallisto Energy Corp. (TSX Venture: KEC) (formerly Arrow Energy Ltd. - AOF) ("Kallisto" or the "Company") is pleased to announce the completion of its previously announced name change and share consolidation.

BENTEK Energy: Drilling Rig Count is No Longer an Accurate Indicator of Future Natural Gas Production

Fri, 30 Oct 2009 14:32:22 GMT

Business Wire - A new Market Alert from BENTEK Energy examines a major development in natural gas markets resulting from the disconnection between future natural gas production and the number of active drilling rigs in the field.

/R E P E A T -- AKITA Drilling Ltd. Announces Third Quarter Results/

Fri, 30 Oct 2009 13:30:20 GMT

CNW Group - AKITA Drilling Ltd.'s net earnings for the nine months ended September 30, 2009 were $5,215,000 ($0.29 per share) on revenue of $80,448,000.

Kivalliq Reports High-Grade Uranium Assays From Lac Cinquante Drilling

Thu, 29 Oct 2009 12:30:31 GMT

Marketwire - Kivalliq Energy Corporation (TSX VENTURE:KIV) (the "Corporation" or "Kivalliq") today announced high-grade U3O8 assay results for 13 holes drilled during the 2009 Program on the historic Lac Cinquante Uranium Deposit located in Nunavut, Canada.

CARBO Announces Third Quarter 2009 Earnings Conference Call Scheduled for Today, 10:00 a.m. Central Time- Quarterly revenues of $91.8 million wer

Thu, 29 Oct 2009 08:30:15 GMT

PRNewswire - CARBO Ceramics Inc. (NYSE: CRR) today reported net income of $14.4 million, or $0.62 per diluted share, on revenues of $91.8 million for the quarter ended September 30, 2009.

Eternal Energy Corp. Announces Drilling and Production Updates Affecting Its Royalty Interest in Southeastern Saskatchewan

Wed, 28 Oct 2009 22:14:54 GMT

PRNewswire - Eternal Energy Corp. (OTC Bulletin Board: EERG; the "Company") announces it is now receiving revenues from over-riding royalty interests ("ORRI") in certain Ryland Oil Corporation (TSX VENTURE:RYD, "Ryland") projects.

True Energy increases 2009 drilling plans, spending rises to $19M from $15M

Wed, 28 Oct 2009 18:14:00 GMT

The Canadian Press - CALGARY - True Energy Trust (TSX:TUI.UN) plans an overall increase in its 2009 drilling program after keeping capital spending relatively low in the first six months of the year, the oil and gas producer said Wednesday.

Chesapeake Energy Corporation Confirms Decision Not to Drill for Natural Gas in the New York City Watershed

Wed, 28 Oct 2009 17:01:32 GMT

Business Wire - Chesapeake Energy Corporation (NYSE:CHK), America’s most active driller of new natural gas wells and one of its largest natural gas producers, today confirmed its previous announcements that it has no intention of drilling natural gas wells within the New York City watershed.

Petrolia Progresses and Drills the Tar Point No. 1 Well

Wed, 28 Oct 2009 16:10:03 GMT

Marketwire - Petrolia (TSX VENTURE:PEA) is pleased to announce that on Friday October 23 it spudded of the Petrolia Tar Point No 1 well.

Rooster Petroleum, LLC Commences Drilling at Eugene Island Block 28

Wed, 28 Oct 2009 16:07:05 GMT

Business Wire - Rooster Petroleum, LLC, is pleased to announce the commencement of drilling of the Rooster #A-3 Well.

Parker Drilling Names David C. Mannon Chief Executive Officer and Member of the Board of Directors

Wed, 28 Oct 2009 15:32:16 GMT

PRNewswire - Parker Drilling (NYSE: PKD), a global drilling contractor and service provider, announced today the appointment of David C. Mannon as chief executive officer.

CanElson Drilling Announces Resignation of Director

Tue, 27 Oct 2009 22:30:03 GMT

Marketwire - CanElson Drilling Inc. (TSX VENTURE:CDI) ("CanElson") announces that, due to health issues, Henry Lawrie has tendered his resignation as a director of the company.

Tethys Petroleum Limited: Drilling Update

Tue, 27 Oct 2009 12:17:42 GMT

Marketwire - Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL) today provided an update on its drilling activities in Central Asia.

Atwood Oceanics Announces the Award of a One Well Drilling Program in the U.S. Gulf of Mexico for the RICHMOND

Mon, 26 Oct 2009 22:11:33 GMT

PRNewswire - ATWOOD OCEANICS, INC., (NYSE: ATW) a Houston-based International Drilling Contractor, announced that the RICHMOND has been awarded a contract by Applied Drilling Technology Inc. to drill one well in the U.S. Gulf of Mexico, at a dayrate of $32,500.

Horizontal Directional Drilling Toolbox (Professional Edition) Software Just Released

Mon, 26 Oct 2009 17:36:29 GMT

PRNewswire - Technical Toolboxes has announced the release of their Horizontal Directional Drilling Toolbox (Professional Edition) Software.

Petro-Reef Resources Ltd. Announces Significant Exploration Drilling Success

Mon, 26 Oct 2009 13:01:35 GMT

Marketwire - Petro-Reef Resources Ltd. (TSX VENTURE:PER) ("Petro-Reef" or the "Corporation") is pleased to announce exploration drilling success with its latest exploration well in Alexander.

Zapata Energy Corporation: Drilling and Production Update

Mon, 26 Oct 2009 13:01:28 GMT

Marketwire - Zapata Energy Corporation (TSX VENTURE:ZCO) is pleased to provide a drilling and production update.

Pioneer Natural Resources Drills Successful Eagle Ford Shale Well

Mon, 26 Oct 2009 12:14:17 GMT

Business Wire - Pioneer Natural Resources Company (NYSE:PXD) today announced a significant discovery in the Eagle Ford Shale in South Texas.

CORRECTION FROM SOURCE: Junex's Partner Finished Drilling of Haldimand No 2 Well

Fri, 23 Oct 2009 00:26:46 GMT

Marketwire - Correction to the release sent out at 11:28 AM ET this morning. The Haldimand Project Operator, Petrolia,...

Junex's Partner Finished Drilling of Haldimand No 2 Well

Thu, 22 Oct 2009 15:29:10 GMT

Marketwire - Junex (TSX VENTURE:JNX) announces that the Haldimand Project Operator, Petrolia, has completed the drilling of the Haldimand No. 2 well at a total depth of 1,200 meters.

Sea Dragon Energy Inc. Announces an Operational Update on Its Drilling and Production Activities in the NW Gemsa Concession, Egypt

Thu, 22 Oct 2009 13:00:46 GMT

Marketwire - Sea Dragon Energy Inc. ("Sea Dragon" or the "Company") (TSX VENTURE:SDX) is pleased to provide the following operational update on its drilling, testing and production activities in the NW Gemsa Concession in Egypt.

Diamond Offshore Drilling, Inc. Declares Special Cash Dividend of $1.875 Per Share

Thu, 22 Oct 2009 11:15:45 GMT

Business Wire - Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that the Company has declared a special cash dividend of $1.875 per share of common stock and a regular quarterly cash dividend of $0.125 per share of common stock.

Diamond Offshore Drilling, Inc. Announces Third Quarter 2009 Results

Thu, 22 Oct 2009 11:08:58 GMT

Business Wire - Diamond Offshore Drilling, Inc. (NYSE:DO) today reported net income for the third quarter of 2009 of $364.1 million, or $2.62 per share on a diluted basis, compared with net income of $310.5 million, or $2.23 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of 2009 were $908.4 million, compared with revenues of $900.4 million for the third quarter of 2008.

Union Drilling Announces 2009 Third Quarter Earnings Release and Conference Call Schedule

Tue, 20 Oct 2009 10:00:07 GMT

PRNewswire - Union Drilling, Inc. (Nasdaq: UDRL) announced today that it will release its 2009 third quarter results after the market closes on Monday, November 2, 2009.

Pacific Drilling and Athens Group to Reduce Control System NPT on the Newest Additions to Pacific Drillings Ultra-Deepwater Fleet

Tue, 20 Oct 2009 00:00:38 GMT

Business Wire - Pacific Drilling and Athens Group announced a three year partnership to reduce non-productive time (NPT) from the design phase through to operations for all software-dependent control systems for Pacific Drilling’s best-in-class drillships.

Trinidad Drilling Ltd. to hold conference call and webcast on third quarter results on Wednesday November 4, 2009

Mon, 19 Oct 2009 21:29:23 GMT

CNW Group - Trinidad Drilling Ltd. ("Trinidad" or the "Corporation") is pleased to announce that they will release their third quarter 2009 results prior to market open on Wednesday, November 4, 2009.