Gran Tierra Energy – Moqueta-2 Testing Confirms Additional Oil Pay at Moqueta Discovery, Colombia
CALGARY, Aug 26, 2010 /PRNewswire via COMTEX/ –
Well flows up to 1,077 BOPD from two zones independently without pumps, 850 BOPD comingled; no oil-water contacts identified
Gran Tierra Energy Inc. (“Gran Tierra Energy”) (AMEX: GTE; TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced that it had completed [...]
Oil and Gas Royalties – Leasing Mineral Rights
Royalties vs Mineral Rights
Oil and gas royalties are not as complex as most people think. They are actually fairly simple, and I’ll explain clearly what they are and how they generate cash.
If you own a farm, then you own the land also known as the surface rights. Often, when you bought the farm, your deed [...]
GeoGlobal Announces Commencement of Drilling in Rajasthan
CALGARY, ALBERTA–(Marketwire – April 26, 2010) – GeoGlobal Resources Inc. (GeoGlobal or the Company) (NYSE Amex:GGR) announces today that the drilling of the first well on the Rajasthan blocks, the Rachan-1, commenced on April 21, 2010. Oil India Limited, as operator of the Exploration Block RJ-ONN-2004/3 (RJ Block 21), is drilling the Rachan-1 vertically to [...]
Petro Vista Announces Successful Development Well in Brazil
VANCOUVER, BRITISH COLUMBIA – April 12th, 2010 – (TSX-V:PTV). Petro Vista Energy Corp. (“Petro Vista” or the “Company”), is pleased to announce that the 7-TTG-1DP-SES development well on the Tartaruga Block in Brazil has been successfully drilled to a total depth of 3,445 metres. A total potential net pay interval of 101 feet (31m) minimum [...]
TAG OIL Update: March 30, 2010
A little over a month ago I wrote:
“I do caution however that any prolonged weakness the rest of this week or a failure to break through $3.75 could suggest a further sell-off down to the $2.45 level.”
Tag Oil subsequently sold up to $3.45 but was unable to challenge the $3.75 level and [...]
Petro Vista Announces New Oil Discovery in Colombia
Bogota, Colombia – March 25, 2010 – (TSX-V:PTV) Petro Vista Energy Corp. (“Petro Vista” or the “Company”), a Canadian independent oil and gas exploration company, is pleased to announce that the Morichito-5 well in Colombia has tested oil in two zones and is being completed as a future producer.
The well was drilled to a total [...]
