2H Offshore Adds to Management Team

- 2H Offshore Adds to Management Team

Tuesday, September 06, 2011
Aceton Group Ltd.

2H Offshore announced two new appointments. Tim Eyles becomes the managing director of the 2H Offshore group of companies. He will also continue to share the running of 2H Offshore's engineering office in Woking, UK.

At the same time, David Walters, joint leader of the company's Houston, USA, office, has been added to the 2H Offshore global management team as a principal director.

Eyles and Walters joined 2H Offshore in 1998 and 1997 respectively, both directly after graduating from the University of Surrey, UK.

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Xodus Adds Director Duo to Support Global Growth

- Xodus Adds Director Duo to Support Global Growth

Wednesday, August 24, 2011
Xodus Group

Xodus Group has made two senior appointments to support its strategy for further international growth.

Nigel Ross joins as business development director from Wood Group GTS where he was global key account director. Maggie Leitch has been appointed global director for technical safety and risk (TSR) and joins from PSN where she was global head of safety & environmental engineering, managing a team she grew from 12 to 70.

Nigel brings more than 30 years' international industry experience and has helped to develop oil and gas businesses in key energy regions including West Africa, Middle East, the Caspian and Russia. He will sit on the board of the firm's XMOS joint venture in Nigeria and will help to expand the multi-disciplined global team.

A Russian speaker, Nigel is determined that his industry experience and contacts will be instrumental to Xodus achieving its bold growth targets in the coming years. He said, "Xodus is an ambitious, top flight consultancy on the cusp of further international expansion and I'm very keen to apply my global experience and structured business development and market entry skills to help the company achieve its growth target of 1,000 employees by 2015."

Nigel joins Xodus after 18 months at Wood Group where he worked as Global Key Account Director. Prior to this he worked at Petrotechnics Ltd as a business development manager overseeing a number of high-profile projects in the Middle East, West Africa and Brunei. Previously, Nigel worked in Shell International, SDPC Nigeria and Shell UK fronting up and downstream capital projects after starting his career with Scottish Enterprise where he spent 11 years developing export links with the former Soviet Union, on behalf of Scottish-based businesses.

Maggie Leitch joins Xodus with an extensive background within safety, loss prevention and risk management, boasting 22 years' industry experience.

Maggie worked at PSN as chief of safety and environmental engineering for over eight years. While there she was responsible for developing best practice and global policies for safety and environmental engineering groups, developing strategic plans for international growth and promoting personnel and industry development.

Further to this, Maggie set up her own internal consultancy which at peak boasted 22 technical specialists attracting its own external international clients. She previously worked at Atkins Process as the principal safety engineer building upon her past expertise at Total Fina Elf Exploration UK where Maggie spent the bulk of her early career.

Between 1989 and 2002 she performed various roles at TFEE UK ranging from process engineer to her peak position as the head of safety engineering and subsequently the senior project engineer on the £30 million Alwyn Systems Upgrade Project.

She said, "I'm looking forward to the challenge ahead and my aspiration is to help Xodus excel in the field of technical safety and risk. I want Xodus to be both the employer of choice for technical safety, value systems, risk and reliability engineers and the consultant of choice for clients."

Colin Manson, CEO of Xodus Group welcomed the duo to the team. He said, "We are very pleased to be appointing two high-caliber industry specialists and these new positions will help to greatly strengthen our management team as we continue to expand in the UK and new markets overseas."

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GL Noble Denton Adds Member to Management Team

- GL Noble Denton Adds Member to Management Team

Monday, August 22, 2011
GL Noble Denton

GL Noble Denton has appointed Peter Russell-Smith to its Management Team as Executive Vice President for Business Development, General Manager.

A qualified engineer and certified management accountant, Peter brings considerable energy industry and business consultancy experience to GL Noble Denton, where he will play a lead role in developing the company's product and service offerings, business development activity and management systems during a period of significant growth.

Peter joins GL Noble Denton from global engineering software provider Intergraph, where he was Senior Vice President for the Asia Pacific region. He has also held international leadership positions at Hewlett Packard and PricewaterhouseCoopers, where he fostered successful business expansion in the divisions for which he was responsible.

Commenting on Peter's appointment, GL Executive Board Member Pekka Paasivaara said, "We are delighted to welcome Peter to the GL Noble Denton Management Team. He has a strong track record in managing business growth, and will make a significant contribution to expanding the company's global operations and client base.

"GL Noble Denton continues to experience exceptional demand for its services, particularly from our growing portfolio of clients in Asia,
Australia, West Africa and the Middle East, where the sector is looking to develop complex oil and gas infrastructures quickly to address rapid growth in the demand for energy. Peter's role will be particularly crucial in helping us further develop business opportunities across the globe."

Added Peter, "This is an exciting time to be joining GL Noble Denton. The company has a strong reputation for providing expert technical
advice and software solutions to the oil and gas industry's elite, and the company is in an excellent position to continue to take advantage of a rapidly expanding market."

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Blake International Adds Another Rig to its Fleet

- Blake International Adds Another Rig to its Fleet

Monday, August 22, 2011
Blake International

Blake International has purchased a 3000hp platform rig from Well Services LTD in Trinidad. Blake has renamed the rig the 'Blake Rig 5' and it has a 1 year contract working for PEMEX with a contract value of $25,000,000.00. "This acquisition was essential for us to meet the market's demand for higher horsepower rigs", says Beau Blake, Vice President of Business Development.
>P?The Blake Rig 5 is currently being shipped from Trinidad to Mexico where it will undergo minor refurbishments before beginning its contract with PEMEX.

Blake International owns and operates a fleet of 10 Platform Rigs in the US and Mexico.

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Vast Exploration Adds Member to BOD

- Vast Exploration Adds Member to BOD

Thursday, August 04, 2011
Vast Exploration Inc.

Vast Exploration announced the appointment of General (Ret'd) Jay Garner as Chairman of the board of directors.

Mr. Stan Bharti, commented, "We are delighted to add General Garner back to the board of directors. Jay has been recently serving as an advisor to the Company, and his guidance has been invaluable over the past several years. We look forward to Jay's leadership and distinguished experience as we move forward to the next phase of the Kurdistan project."

General Garner's military career culminated with his being Assistant Vice Chief of Staff, U.S. Army. In January 2003, General Garner was appointed by the Secretary of Defense to organize and direct the Office of Reconstruction and Humanitarian Assistance (ORHA) for post-war Iraq. In 1991, General Garner was appointed Commanding General, Joint Task Force Bravo for Operation Provide Comfort in northern Iraq. Under his leadership, a coalition of American, British, French and Italian forces provided humanitarian relief assistance to the Iraqi Kurds.

The Company is also pleased to announce that it has appointed Neil Said as the Corporate Secretary of the Company. Mr. Neil Said is a corporate securities lawyer who works as a legal consultant to various TSX and TSX Venture listed companies in the mining and oil & gas industries. Mr. Neil Said previously worked as a securities lawyer at a large Toronto corporate law firm. He obtained his JD degree from the University of Toronto and received a Bachelor of Business Administration from Wilfrid Laurier University. In connection with his appointment, Mr. Said has been granted 200,000 stock options to purchase the same number of common shares of the Company at a price of $0.16 per option exercised. The stock options, and any shares issued on exercise thereof, will be subject to a four month statutory hold period.

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US Natural Gas Adds Acreage in W. Virginia

- US Natural Gas Adds Acreage in W. Virginia

Tuesday, August 02, 2011
US Natural Gas Corp.

US Natural Gas has acquired leases totaling approximately 250 acres and three producing natural gas wells in Wayne County, West Virginia.

The Fuller No. 691 well was drilled and completed in 1962 to a depth of 3608' with production occurring from both the Coniferous and McKenzie-Keefer formations. The Company intends on replacing the above ground completion components prior to placing the No. 691 well into production.

The McGee No. 2 well was drilled and completed in 1959 to a depth of 3610' with production occurring from the Coniferous formation. The Company will install new well head and above ground completion components prior to placing this well into production.

The McGee No. 622 well was drilled and completed in 1960 to a depth of 1869'. The well was later deepened to a depth of 3944' with production occurring from both the McKenzie-Keefer and Tuscarora Sandstone formations. The Company will swab this well of any fluids within the wellbore and then place the well into production.

The Company's projected daily combined production from the three wells is on average 60 mcf/day. At current pricing for natural gas of $4.50/mcf, the Company's conservative two year revenue estimate is $200,000.

"The addition of these three wells in Wayne County, West Virginia compliments our portfolio of producing properties in the area," stated Wayne Anderson, President of US Natural Gas Corp. "It is our goal to have all required work completed and the wells tied into our gathering system prior to mid-September with revenue generated immediately thereafter."

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Noble Adds to High-Spec Jackup Fleet with Two Newbuilds

- Noble Adds to High-Spec Jackup Fleet with Two Newbuilds

Monday, August 01, 2011
Noble Corp.

Noble has exercised options with Sembcorp Marine's subsidiary Jurong Shipyard for the construction of two additional high-specification heavy duty, harsh environment JU3000N jackup drilling rigs. This order will bring to six the total number of new jackup rigs the Company will have under construction with the Jurong Shipyard.

David W. Williams, Chairman, President and Chief Executive Officer, Noble Corporation, stated, "We continue to see a growing interest from clients for the advanced features of the JU3000N jackup design. Opportunities for these units are evident in several offshore regions, including the North Sea, Middle East and Asia. This latest rig order reflects our continuing commitment to expand our ownership of industry-leading offshore drilling technology, enabling us to address some of the most demanding well construction challenges around the world."

Total delivered costs for these latest two orders are estimated at approximately $245 million per rig, including project management, spares, and start-up costs, but excluding capitalized interest. Payment terms are consistent with the order of the four previous rigs placed with the Jurong Shipyard since December 2010: 20 percent of the construction price due at contract signing, 20 percent due at steel cutting, and the remainder due at rig delivery. The two latest orders are expected to be delivered from the shipyard during the third and fourth quarters of 2014, following which would be mobilization and acceptance testing by their respective future customers.

The Friede & Goldman JU3000N design is an enhanced evolution of the JU2000E design and represents the latest generation of high-specification jackup drilling rig with greater capacities and capabilities than most existing units. The rigs, which are approximately 231 feet in length and 270 feet in breadth, will have the capability to operate in water depths up to 400 feet and drill to depths of 30,000 feet. The rigs will each have a seventy-five foot cantilever, 2.5 million pounds of hook load capacity, a high-capacity mud circulating system, and a 15,000 psi blowout preventer system. The units are capable of off-line pipe handling and offer accommodations for up to 150 people.

In addition to six newbuild jackup projects, Noble has seven ultra-deepwater drillships under construction, three of which are scheduled to be delivered later this year. The Company continues to evaluate an option it has with Hyundai Heavy Industries Co. Ltd. for the construction of an additional ultra-deepwater drillship that expires on August 31, 2011, with delivery taking place in the second half of 2014.

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American Standard Adds Rig for Permian Basin Drilling Program

- American Standard Adds Rig for Permian Basin Drilling Program

Thursday, July 21, 2011
American Standard Energy Corp.

American Standard announced the addition of a second rig for its 10 net well drilling program in Andrews County, Texas.

ASEN has secured the JW Rig #5 which will be moving onto the University 8 #1 location this week in Andrews County and is expected to spud Monday July 25th.

The Viking Rig #20 initiated the 10 net well drilling program and has spud the University 42 #2 well in Andrews County.

ASEN intends to drill the University Andrews 42 #2 well to the Devonian and then subsequent wells will be drilled to the Strawn and completed in the Strawn, Wolfcamp, Spraberry and Lower Clearfork formations. The Company will own 100% working interests in all 10 wells.

ASEN will have these dedicated two Rigs for the duration of this Phase 1 of our Permian Basin development program and expects to maintain them for future Phases. With the addition of the second rig, we project completion of this project to be cut by three months.

Scott Feldhacker, CEO of ASEN commented, "With over 4000 permits filed by various operators in the Permian Basin this year to date ASEN is demonstrating its abilities to aggregate the services needed to develop its assets in a marketplace of high demand."

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American Petro-Hunter Adds Acreage in South Oklahoma

- American Petro-Hunter Adds Acreage in South Oklahoma

Wednesday, July 20, 2011
American Petro-Hunter Inc.

American Petro-Hunter has executed a Purchase and Sale Agreement which entitles American Petro-Hunter to acquire a 40% Working Interest in a minimum of 3,000 acres of lands in South-Central Oklahoma. The Company has designated the new acreage as the "South Oklahoma Project."

The acreage covers highly prospective Mississippi Limestone targets which, through detailed sub-surface geological mapping and extensive engineering, show Mississippi targets similar and analogous to the recently discovered oil and gas reservoir now being exploited at the North Oklahoma Project. Based on the commercial success of the NOM-1H horizontal well, and the Company's recently announced development plan for the Northern project area which includes an additional 11 horizontal wells, the new South Oklahoma Project offers considerable opportunities to increase the Company's presence in this increasingly important and highly productive region. Additional lands may be acquired and added to the 3,000 acres as leasing is ongoing.

Currently, the Company and engineers have identified 5 key areas under the 3,000 acres which, if developed on 160 acre spacing, could allow future development of 18 additional locations for horizontal wells. Over the next several months, targets will be refined and prioritized with plans to spud the first well in late 4Q or early 2012. The Northern and Southern project development strategy aims for synchronized operations with new drilling commencing every other month, thus ensuring a continuous area wide drilling program throughout the next 24 to 36 months.

Company President Robert McIntosh stated, "By adding these new South Oklahoma projects to our asset base, the Company forecasts the regional drilling of up to 29 horizontal wells in the future which, based on the results we have seen to date, will give American Petro-Hunter a key presence in the emerging Mississippi play and demonstrates that growth by the drill bit is a formula for success in Oklahoma."

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Gulfport Adds Acreage in Utica Play

- Gulfport Adds Acreage in Utica Play

Monday, July 11, 2011
Gulfport Energy Corp.

Gulfport reported an increased acreage position in the Utica Shale of Eastern Ohio and resource assessment and provided an update on the TEW-E exploratory well in Thailand.

Utica Shale Leasing Update

Gulfport continues to actively expand its acreage position in the Utica Shale of Eastern Ohio. To date, Gulfport has acquired leasehold interests in approximately 35,000 gross (17,500 net) acres. Gulfport currently has commitments which could bring its position in the Utica Shale to approximately 110,000 gross (55,000 net) leasehold acres if it acquired all such committed acreage. Gulfport is also currently evaluating additional acquisitions in the Utica Shale that could potentially increase its commitments to approximately 130,000 gross (65,000 net) leasehold acres in the coming months. Gulfport will serve as operator of its acreage in the Utica Shale and currently plans to bring a rig into the play in early 2012 to begin drilling its acreage.

TEW-E Exploratory Well Update

Tatex Thailand III, a company in which Gulfport owns a 17.9% interest, concluded drilling operations on the TEW-E well in March 2011, the second exploratory well drilled by Tatex III on an approximate one-million acre concession block in Northeastern Thailand. The well was drilled to a total depth of 15,026 feet and logged over 5,000 feet of apparent possible gas saturated column. TEW-E experienced gas shows and carried a flare measuring up to 25 feet after drilling below the intermediate casing point of 9,695 feet.

As previously announced, Tatex III recently conducted a coil tubing operation meant to remove compacted debris that formed a blockage in the open-hole portion of the TEW-E wellbore. Due to the limited pumping capacity of the coil tubing unit, the operation was unsuccessful in removing the blockage. Consequently, Tatex III has scheduled a drilling rig to return to the TEW-E by September 2011 and commence operations to remove the debris and test the well.

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Rockhopper Adds Additional Appraisal on Semisub

- Rockhopper Adds Additional Appraisal on Semisub

Thursday, July 07, 2011
Rockhopper Exploration plc

Rockhopper has entered into a further assignment agreement to secure an additional well slot on the Ocean Guardian drilling rig. Rockhopper will shortly drill well 14/10-6, its third appraisal well on the Sea Lion feature, followed by an additional three wells in succession.

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Alamo Adds Appalachian Acreage

- Alamo Adds Appalachian Acreage

Tuesday, June 28, 2011
Alamo Energy Corp.

Alamo announced the acquisition of approximately 2,500 acres in Knox County, Kentucky.

The acquisition falls inline with Alamo's strategy of becoming a significant player in the Appalachian basin. The new acreage is located contiguous to existing acreage and infrastructure allowing for new wells to be tied into Alamo's 23-mile pipeline that has a capacity of up to 9,000,000 cubic feet per day.

Utilizing Alamo's in-house drilling company, we believe that the new acreage will allow for an additional 125 wells targeting the Devonian Shale and Big Lime formations based on 20-acre spacing.

Allan Millmaker, Chief Executive Officer, commented, "While our strategy is to expand aggressively in the Appalachian basin, we are always looking to maximize returns. The new acreage will allow us to take advantage of potential cost savings not only at the drilling and completion stage but also when on production because of the proximity to existing Alamo infrastructure."

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Peritus Adds Principal Technical Consultant

- Peritus Adds Principal Technical Consultant

Thursday, June 16, 2011
Peritus International

Peritus announced the latest addition to their newly formed Field Development business with the appointment of Steve Sinclair to the position of Principal Technical Consultant – Field Developments, Asia Pacific.

Mr. Sinclair brings more than 20 years experience in production facilities, project, engineering and R&D management to the Peritus team having been involved in many world-class projects, both onshore and offshore, from technical feasibility reviews through to conceptual development, project budget preparation and sanction, detailed engineering, construction, commissioning, operation and brownfield modification.

"Steve's appointment has further strengthened our already considerable field development capabilities," said Peritus CEO, Steve Hindmarsh. "He has significant field development experience gained on some of the world's most challenging and deep water oil and gas projects, and with his addition to the team I am confident that we have the capacity to successfully deliver industry leading field development services to clients around the world."

Mr. Sinclair's appointment follows the recent launch of Peritus' Field Development business line which targets early field feasibility, concept select and cost estimating for offshore oil and gas developments. Mr. Sinclair will assume regional Australia-Asia responsibility for the new business, while responsibility for both the Field Development and the Floating Systems business lines will be that of Peritus' Global Director Floating Systems and Field Development, Mr. Thyl Kint.

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Goodrich Adds Acreage in Tuscaloosa Play

- Goodrich Adds Acreage in Tuscaloosa Play

Monday, June 13, 2011
Goodrich Petroleum Corp.

Goodrich has purchased leases totaling approximately 74,000 net acres in the Tuscaloosa Marine Shale oil trend in Louisiana and Mississippi. The Company paid approximately $13 million, or an average of $175 per net acre for the acreage.

The Company anticipates development to commence in the first quarter of 2012.

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Carrizo Adds Eagle Ford Acreage

- Carrizo Adds Eagle Ford Acreage

Monday, June 06, 2011
Carrizo O&G Inc.

Carrizo O&G provided the following update on selected Company operations.

Expansion of Eagle Ford Shale Acreage Position and Acceleration of Drilling Schedule

Carrizo has recently entered into firm agreements to acquire over 13,000 net acres of Eagle Ford Shale mineral interests, bringing its total net Eagle Ford land position to approximately 33,000 acres. These newly acquired acres are located in the condensate trend in La Salle County, Texas. The up-front cash cost associated with these acquisitions is approximately $1,650 per acre. The remainder of the lease acquisition costs will be in the form of a drilling carry that will fund certain of our partners' share of development costs, where applicable, in the acreage and will be dependent on the timing and density of development drilling on the properties.

In order to further accelerate our Eagle Ford Shale activity, our remaining Barnett Shale rig (H&P 332) has been relocated to South Texas and is now on location drilling the Ivey Ranch 10H in Dimmit County. Current plans call for this rig to remain in the Eagle Ford until it is replaced by a new purpose-built rig currently scheduled for arrival in December 2011, at which time the H&P #332 rig will return to its drilling schedule in the Barnett. Given the current backlog of wells waiting on completion in the Barnett Shale, the Company believes this rig move should have no impact on estimated 2011 Barnett production.

The Company's newest rig, a purpose-built H&P Flex 3S, just arrived in the Eagle Ford and is drilling on our recently acquired RPG project in northwestern McMullen County. The Company currently has three rigs drilling on its Eagle Ford properties. Although we expect the number of Eagle Ford wells drilled during 2011 to increase above projections due to this rig relocation, uncertainty associated with the timing of well completions and initiation of oil sales precludes the Company from increasing its previous guidance for 2011 oil production until a frac schedule is finalized. The three wells waiting on completion located on the Mumme lease in LaSalle County are scheduled for fracture stimulation later this month as previously announced.

• In the Niobrara Formation in Weld and Morgan Counties, Colorado
  • Carrizo's fourth Niobrara well, the Orlando Hill 26-44-8-61, recently reached total depth and is being prepared for completion, currently scheduled to begin by the end of June
  • The Niobrara rig is being moved to its next location to drill the Nelson 17-44-9-60
  • The Company intends to maintain a one rig Niobrara drilling program for the remainder of the year
• In the Marcellus Shale in northeast Pennsylvania
  • Carrizo now has 8 gross wells drilled waiting on completion in Susquehanna and Wyoming Counties
  • Stimulation and completion of the back-log of drilled wells is scheduled to begin in July
  • First gas sales from Susquehanna County are expected to begin in August following completion of the Laser Pipeline
• The Huntington Development Project in the North Sea
  • The ENSCO jack-up is on location over the Huntington Field and has completed setting surface casing for all planned production wells
  • The Project's pace of development, including work on the FPSO, the Sevan Voyager, continues to be on schedule to allow for first oil production by the end of the first quarter of 2012
• Current Production and Second Quarter 2011 Realized Hedging Gains
  • The recent connection of a seven well pad in the Barnett Shale helped elevate the current total Company production rate to approximately 133,000 mcfe/day
  • The oil component of the daily rate is approximately 1,700 bbls/d
  • Net realized oil and gas hedging gains for the second quarter of 2011 are expected to be in the range of $3.5 to $3.7 million

Management Comment

Carrizo's President and CEO, S. P. "Chip" Johnson, IV, commented on recent developments, "Nearly simultaneous with the close of the sale of our non-core Barnett Shale properties on April 17th for approximately $104 million, we were able to reach final agreements for several Eagle Ford Shale lease purchases. Our ability to reinvest much of the capital raised so quickly in such a high return area bodes well for our future cash flow growth. We were able to defer much of the cost for the new Eagle Ford land so that additional payments in the form of drilling carries better coincide with future cash flows. We expect that the final lease purchase price for these acres will fall below $5,500 per acre on a present value basis. We need more clarity as to our probable frac schedule for the additional Eagle Ford wells we will be drilling before we update production guidance, but we believe we may be able to do this by the time of our second quarter conference call."

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Aux Sable Affiliate Adds Key Assets in Bakken Area

- Aux Sable Affiliate Adds Key Assets in Bakken Area

Friday, June 03, 2011
Aux Sable Liquid Products L.P.

Aux Sable Liquid Products Enbridge, Veresen and Williams Partners announced that Sable, an affiliate of Aux Sable, has executed an agreement with a wholly owned subsidiary of EOG to purchase and operate the Stanley Condensate Recovery Plant and the Prairie Rose Pipeline. The Prairie Rose Pipeline connects the Stanley Plant to the Alliance Pipeline, which delivers high energy dense phase gas to Aux Sable's Channahon, Illinois Plant for processing. The purchase agreement calls for the US $185 million transaction to close in July 2011.

The Stanley Plant commenced operation in February 2010 and will have a capacity of 80 MMcf per day when a current expansion is completed in June 2011. The plant removes the heavier hydrocarbon compounds while leaving the majority of the natural gas liquids in the rich gas delivered into the Prairie Rose Pipeline.

Bakken Shale

The 12-inch diameter, 83-mile Prairie Rose Pipeline also commenced operation in February 2010 and gathers gas from the Stanley Plant and other sources for delivery into the Alliance Pipeline system at Bantry, North Dakota. The pipeline has an estimated capacity of 110 MMcf per day and can be easily expanded to meet additional demand.

"This acquisition represents a significant step forward in the pursuit of our strategic growth objectives in the Bakken area, as it provides key infrastructure assets that will lead to increased deliveries of liquids-rich natural gas to our Channahon facilities," said W.J. (Bill) McAdam, President and Chief Executive Officer of Aux Sable. "With this acquisition, Aux Sable will be able to directly engage in and expand its role as a provider of value-added gathering and processing of natural gas and natural gas liquids from the Bakken play."

"As the largest crude oil producer in the North Dakota Bakken, EOG constructed these facilities when there was little infrastructure in the basin. We believe the time is right to sell these assets to an organization that specializes in gathering and processing, allowing us to focus on our core exploration and production activities in the region. We are pleased that Aux Sable recognized the value of both the Stanley Plant and the Prairie Rose Pipeline and are confident that under their management these facilities will benefit all operators in this part of North Dakota," said Ray L. Ingle, President of EOG's Pecan Pipeline (North Dakota), Inc. subsidiary.

Each of Aux Sable and Sable NGL is owned by Enbridge Inc. (42.7% equity interest), Veresen Inc. (42.7% equity interest) and Williams Partners (14.6% equity interest). Enbridge Inc. and Veresen Inc. each own a 50% interest in the Alliance Pipeline.

"We are pleased with this investment in that it bolsters our already strong position in the Bakken, one of the most prolific energy plays in North America," said Al Monaco, President, Gas Pipelines, Green Energy and International, Enbridge Inc. "The Pecan natural gas infrastructure increases the accessibility of the Alliance gas pipeline to Bakken-area producers and draws additional liquids-rich gas to the Aux Sable NGL fractionation plant near Chicago. The investment complements Enbridge's existing Bakken liquids pipeline systems in North Dakota and Saskatchewan. We look forward to working with producers to maximize the value of their resources in this region."

"This transaction demonstrates Veresen's commitment to execute on our strategic plans by expanding our services and presence in liquids-rich resource plays," said Stephen White, President and CEO of Veresen Inc. "The Pecan assets allow us to leverage our existing infrastructure investments, including Aux Sable and Alliance, and enhance our capacity to provide high-value services both to producers and end users."

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White Marlin E&P Adds Executives to Management Team

- White Marlin E&P Adds Executives to Management Team

Friday, June 03, 2011
White Marlin E&P LLC

White Marlin E&P announced the addition of two seasoned oil and gas executives to their management team. Robert (Don) Gray joins the company as Vice President of Land and Louis Romero as Vice President of Exploration. Each executive has over 30 years experience in their respective fields.

Mr. Gray joined White Marlin from Houston based Radiant Oil & Gas where he served as Vice President of Land and Land Manager. Prior to Radiant, Mr. Gray was Land Manager for Americo Energy Resources and Petro-Guard Operating Company. He has also been an Assistant Vice President for Bank One (now JP Morgan Chase), and Manager of the Oil & Gas Division at Capital Financial Group. Additionally, Mr. Gray was president and one of the founders of Sandstone Exploration, Inc., and he has acted as a land management consultant to numerous oil and gas exploration and production companies. He began his career as a Staff Landman with Hunt Oil Company in 1980 after attending the University of Texas in Austin where he majored in Government, accompanied by a minor in Petroleum Land Management. Mr. Gray is a member of the American Association of Professional Landmen and the Houston Association of Landmen.

Mr. Romero is a highly qualified professional geologist with over 30 years of domestic and international oil and gas experience. His background includes prospect generation, screening, and company operations and management for hydrocarbon exploration in many of the basins of North America and internationally in the Far East, South America and Africa. Some of his career accomplishments include significant oil and gas discoveries in the US Gulf Coast as an independent and company affiliated geologist. Louis has led the development of reserve additions totaling over 55 million barrels of oil resulting in $2.7 billion of economic impact. Louis has previously worked with Devon Energy, Ocean Energy (formerly Flores and Rucks), Sandefer Oil and Gas, Crown Central Petroleum, Transco Exploration, and as an independent producer. Louis is a member of AAPG, Houston Geological Society, and the Lafayette Geological Society.

Terry Clark, President and CEO of White Marlin E&P, offered that, "We are proud to have these consummate professionals join our executive leadership. Don Gray and Louis Romero both bring extensive knowledge and experience that will further strengthen our ability to acquire, develop, and operate new properties. Their respective management skills compliment our already strong team, and I am confident that their contributions will accelerate the growth of our business."

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Lundin Adds Acreage Offshore Malaysia

- Lundin Adds Acreage Offshore Malaysia

Friday, June 03, 2011
Lundin Petroleum AB

Lundin announced that its wholly owned subsidiary, Lundin Malaysia B.V. has entered into an agreement with Petronas Carigali Sdn Bhd to farm-in to Block PM307 offshore Peninsula Malaysia. Under the agreement, Lundin Petroleum acquires a 75 percent interest and operatorship. Petronas Carigali Sdn Bhd holds the remaining 25 percent interest in the Block.

Block PM307 covers an area of approximately 6,126 km2 and contains a proven oil discovery.

Work commitments include 500 km2 of 3D seismic, an appraisal well on the discovery and an exploration well.

Lundin Petroleum now operates a total of 6 Blocks in Malaysia divided into 2 core areas. The Peninsula Malaysia core area consists of PM307, PM308A and PM308B which are contiguous. The Sabah core area consists of SB303, SB307 and SB308 which are also contiguous blocks.

Ashley Heppenstall, President and CEO of Lundin Petroleum commented, "The signing of this Block marks a further important step forward in Lundin Petroleum’s pursuit of organic growth opportunities in Malaysia and South East Asia. We are particularly encouraged by the recent announcement made by the Malaysian Government regarding fiscal incentives for small fields that when implemented could accelerate commercialization of the proven discovery that exists within the Block."

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CSA Adds ROV System to Fleet

- CSA Adds ROV System to Fleet

Wednesday, May 25, 2011
CSA International Inc.

CSA International has acquired a state-of-the-art inspection class remotely operated vehicle (ROV) system to support its offshore environmental and scientific fleet. The ROV has been configured to carry a high-definition (HD) video system, complete with LED lighting, sighting lasers for image sizing and measurements, and a computer-based HD video recording capability. The ROV is now on its first project in the Gulf of Mexico. Due to its compact size, the ROV system is easily shipped to both domestic and foreign locations in a cost-effective manner and is able to work from a variety of vessels.

"The recent refinement of HD video imaging and recording technology makes this ROV a powerful tool in support of our environmental and scientific surveys," stated Kevin Peterson, CEO of CSA. "We've utilized ROV systems for many years in our segment of the industry, but only recently have we been able to pull together all of the components for HD imaging and archiving in a cost-effective and portable package."

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Treaty Adds Acreage in Tx.

- Treaty Adds Acreage in Tx.

Monday, May 23, 2011
Treaty Energy Corp.

Treaty Energy has acquired eight oil & gas leases in Texas, adding another 1347 acres to Texas lease holdings.

Stephen L. York, Treaty Energy's President and Chief Operating Officer, stated, "With this new addition, Treaty now has a total of 1787 acres under lease in Texas that are spread over 13 leases. We will provide the terms of this latest acquisition via a Form 8-K filing this week."

Mr. York adds, "Treaty will assume operational control of these leases through the Company owned operating subsidiary, C & C Petroleum Management, LLC, in early June after all appropriate documents are filed with the RRC of the State of Texas."

This new acquisition generally consists of the following:

• Eight separate leases totaling 1347 acres.
• Thirteen fully equipped and producing wells.
• Eighteen shut-in wells to be put back on line.
• Twelve injection wells.
• Four water supply wells.
• Eight individual tank batteries consisting of seventeen storage tanks, eight oil/water separators (two less than six months old) six water pumping stations, miscellaneous tubing, pipe, and casings.
• Current production of oil about 20 BOPD.

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