Cooper Begins Butlers-4 Drilling

- Cooper Begins Butlers-4 Drilling

Monday, September 12, 2011
Cooper Energy Limited

Cooper Energy Limited announced that the Butlers-4 appraisal/development well in PEL92 spudded at 11:30 pm Sunday. The current operation is drilling ahead in the surface hole at 135 meters.

Butlers-4 is the third appraisal/development well on the Butlers Oil Field in the current PEL92 drilling program. Butlers-4 is targeting the Namur oil reservoir in the crestal part of the field 0.26km to the southeast of the Butlers-1 discovery well. The well will be drilled to a total depth of about 1,390 meters and is expected to take 9 days to drill and complete.

The Butlers oil field is currently producing approximately 1,400 barrels of oil per day from the Namur reservoir from the Butlers-1 well with Butlers-2 and Butlers-3 yet to be completed. It is expected that Butlers-4 will accelerate production as well as draining previously unaccessed reserves. The Butlers surface facilities will be upgraded to handle the increased production. Oil production from Butlers is exported via the pipeline to Tantanna and then exported to Moomba.

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Max Petroleum Begins Drilling Kazakh UTS-4 Appraisal

- Max Petroleum Begins Drilling Kazakh UTS-4 Appraisal

Monday, September 05, 2011
Max Petroleum plc


Max Petroleum has commenced drilling the UTS-4 appraisal well on the Uytas prospect in Block A, Kazakhstan. The total depth of the well will be approximately 800 meters, targeting potential Cretaceous and Jurassic reservoirs.


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Cooper Begins Drilling Well South of Butlers Field

- Cooper Begins Drilling Well South of Butlers Field

Thursday, September 01, 2011
Cooper Energy Ltd.

Cooper announced that the Germein-1 exploration well in PEL 92 spudded at 0330 hours Wednesday August 31, 2011. The surface hole has been drilled to 600 meters and preparations are currently underway to run the 9⅝” surface casing.

Germein-1 is located 1.9 km south of the Butlers oil field. The well's primary objective is the Namur Sandstone, which is the oil reservoir in the nearby oil fields. The Germein prospect is estimated to contain 0.211 million barrels of Prospective Resources (P50). The well will be drilled to a total depth of about 1,410 meters and is expected to take about 10 days to drill and evaluate.

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BPTT Begins Gas Flow Offshore Trinidad

- BPTT Begins Gas Flow Offshore Trinidad

Friday, August 26, 2011
BP plc

BP Trinidad and Tobago (bpTT) announced the start of natural gas production from the Serrette field, offshore Trinidad. Serrette is located in 280 feet (90 meters) of water off Trinidad's south east coast. BPTT holds a 100 percent interest in the field.

Serrette is a normally unmanned installation (NUI). It was locally designed by Fluor Summit Engineering and constructed locally at the Trinidad Offshore Fabricators (TOFCO) yard in La Brea, south Trinidad. It is the fifth platform to be built locally using a using the standardized "clone" approach which has allowed bpTT to deliver these platforms with increased efficiency and significant local content. The Serrette platform and jacket were installed in 2010.

With Serrette, bpTT now has production from 13 offshore Trinidad platforms.

Production from Serrette is tied into bpTT's Cassia B hub via a 26-inch diameter, 32-mile long pipeline. The platform is expected to average 400 million standard cubic feet a day (mmscfd) of gas and associated condensate from five wells. Production from this facility will supply the domestic market and Atlantic LNG's liquefaction plant for export as LNG to international markets, such as the US and Europe.

BPTT President Norman Christie said, "The completion of Serrette demonstrates our commitment to local content. BPTT is proud to continue the tradition of local design and fabrication that we initiated with the Cannonball platform in 2001. We have also been able to refine the standardization concept by applying the lessons learned to improve design and delivery of each platform."

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Testing Begins at Global's 2nd Eagle Ford Well

- Testing Begins at Global's 2nd Eagle Ford Well

Wednesday, August 24, 2011
Global Petroleum Ltd.

Texon has advised that the second Eagle Ford well in which Global has an interest (Tyler Ranch EFS #2H) has been successfully fracked over 17 stages and will now be tested. The recovery of frac fluid will probably take a few days after which Texon will conduct a proper flow test of the well.

Global has a 7.939% working interest in approximately 1,651 acres beneath the Olmos formation including the Eagle Ford Shale. Global's interest in the Leighton prospect also includes a 15% working interest in approximately 873 acres from the surface down to the stratigraphic equivalent of the Olmos formation.

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Bering Begins Oil Production at Chicas Locas Well

- Bering Begins Oil Production at Chicas Locas Well

Thursday, August 18, 2011
Bering Exploration Inc.

Bering announced that the Chicas Locas #1 well located in the Roxanne field has begun producing oil from the lower Yegua formation.

The Company is evaluating the well to determine whether artificial lift will enhance the initial production. The Roxanne field consists of approximately 600 acres located in Victoria County, Texas and has multiple drilling locations that will target the Yegua and Frio formations at various depths. This field is estimated to have over $8 million in potential gross reserves based upon the current price of oil and gas and assuming all wells are drilled and successful. Bering will retain a 50% working interest in this prospect.

"We are pleased to have established our first producing oil well and expect to continue to develop this prospect." stated Steven Plumb, VP of Finance of Bering, "We continue to seek out prospects that we can develop and increase shareholder value."

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Edge Begins Summer Drilling Program

- Edge Begins Summer Drilling Program

Tuesday, August 16, 2011
Edge Resources Inc.

Edge Resources has moved a drilling rig to the first of six wells that will be drilled as part of Edge's summer drilling program.

The first well has been spud and should be drilled, logged and cased within the next 48 hours before moving to the next location. Wet weather continues to be an issue in the area and may delay one or more of the subsequent rig moves; however, the Company has taken all necessary steps to minimize disruptions due to weather and complete a successful drilling program on or under budget.

Brad Nichol, President and CEO of Edge commented, "We are pleased to be moving a drilling rig and kicking off our summer drilling program. Work on the tie-in of additional production will continue throughout the summer, as well." Nichol added, "This drilling program means we will continue to add land and value through the drill bit but, in this low-priced natural gas environment, we are also continuing our acquisition efforts, which we hope will result in additions to the land and production base in the near future."

The Company also is pleased to announce that, as planned, Ian Thomson has stepped down as the Company's CFO and has been replaced by Nathan Steinke, effective August 1, 2011. Mr. Thomson will remain as a consultant to the Company for the foreseeable future. The Board was very pleased with Mr. Thomson's performance and is glad to support him in the future.

Nathan Steinke was formerly the CFO of Milestone Exploration Inc., a private junior oil and gas exploration, development and production company focused on growth opportunities and recently achieved production of approximately 2,800 boe/day. Mr. Steinke is a Chartered Accountant and articled in Calgary with a well known accounting firm. Mr. Steinke also worked as a field operator with Husky Energy, prior to pursuing his accounting designation.

Nichol added, "We were very pleased with Ian's work and are glad to continue our working relationship with him. Nathan is an excellent, full-time replacement that I am confident will provide shareholder value well into the future. He is pragmatic and experienced - and it is exceptional that he has hands-on field experience that is very rare for most people in his position. He is a great fit with our existing team and has contributed very quickly by playing a key role in securing our recently increased debt facilities."

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Max Petroleum Begins Drilling at Uytas Appraisal Well

- Max Petroleum Begins Drilling at Uytas Appraisal Well

Monday, August 15, 2011
Max Petroleum plc

Max Petroleum has commenced drilling the UTS-3 appraisal well on the Uytas prospect in Block A. The total depth of the well will be approximately 800 meters, targeting potential Cretaceous and Jurassic reservoirs.

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Drilling Begins at FieldPoint's Lea County Well

- Drilling Begins at FieldPoint's Lea County Well

Wednesday, August 10, 2011
FieldPoint Petroleum Corp.

FieldPoint announced that drilling has begun on the East Lusk 15 in Lea County, New Mexico. The Company has an operating agreement with Cimarex to drill two wells that will target the Bone Spring formation. The total cost for each well is expected to be approximately $5,000,000.

These horizontal wells are planned to be drilled vertically to a depth of approximately 9,500 feet, to the Bone Spring formation, and approximately 4,000 to 5,000 feet laterally within the formation to the bottom hole location. The estimated time for drilling and completion is expected to be approximately 60 days.

FieldPoint is aware of at least one horizontal well within a few miles of the subject area that had production tests ranging from approximately 400 to 800 barrels of oil per day. However, this is not necessarily an indication of what these wells can be expected to produce. It is also noteworthy that EOG Resources, Inc. has a well to the south of the East Lusk 15 location in section 22.

FieldPoint's President and CEO, Ray Reaves stated, "There are two highly important aspects of this drilling program worth mentioning. First, Cimarex Energy is one of the best in the industry at completing wells in the Bone Spring formation. This is very important for well success and optimal well production. And second, if successful, this drilling program could serve to significantly increase our daily production and proved producing reserve base. Considering those two points together, this becomes quite possibly our most important project to date."

FieldPoint will own a 43.75% working interest, Cimarex will own a 37.5% working interest, and other partners will own the remaining 18.75% working interest in the two planned wells.

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Samson O&G Begins 4-Well Drilling Program

- Samson O&G Begins 4-Well Drilling Program

Tuesday, August 09, 2011
Samson O&G Ltd.

Samson O&G advised that the Evergreen Rig 22 has been released from its previous well and is being mobilized to the Defender US33 #2-29H location, and will then be deployed at three additional Samson drilling locations. The initial trucks arrived Tuesday and the rig up at Defender US33 #2-29H has commenced, and it is expected that the rig will be ready for its final inspection such that drilling operations should begin late Thursday or Friday this week.

Defender US33 #2-29H, Goshen County, Wyoming, Samson 37.5% working interest

The Defender US33 #2-29H, is the first Niobrara appraisal well in Samson's Hawk Springs project. Initially, a vertical pilot well will be drilled to around 7,450' and a conventional core will be cut from the Niobrara Formation. After the orientation of the fractures has been identified from core and FMI logs, the vertical pilot borehole will be plugged back to a kick-off point above the Niobrara. From the kick-off point, the borehole angle will be built until it is horizontal and the bit is positioned within the Niobrara "B". Then 7-inch intermediate casing will be set through the curve and the lateral will thereafter be drilled for a distance of approximately 4,300' within the Niobrara "B". The well will be completed using a plug and perforation process in 15-stages that is expected to involve the placement of approximately 3,000,000 pounds of proppant into the Niobrara Formation.

Sprit of America US34 #1-29, Goshen County, Wyoming, Samson 100% working interest

The Defender well will be followed by the Spirit of America US34 #1-29. This well is the first Permian and Pennsylvanian appraisal well within the Hawk Springs project. Preparatory operations, including the well site construction and the setting of the 20-inch surface casing, have been accomplished. The Spirit of America US34 #1-29 will be drilled as an 11,000' vertical test to the Precambrian basement to evaluate multiple conventional targets; in particular, two closed structural traps in the Permian and Pennsylvanian sections.

Following the completion of the two Hawk Springs wells, the Evergreen Rig 22 will be mobilised to Montana to drill the initial two wells in the Roosevelt project.

Australia II KA6 #1-29H and Gretel 11 KA12 #1-30H, Roosevelt County, Montana, Samson 100% working interest

These wells will be the first two appraisal wells in the Roosevelt Project. Both wells will be drilled initially as vertical pilot holes to enable cores to be cut in the Bakken Formation, and then completed as a 15,500’ measured depth horizontal wells in the middle member of the Bakken Formation. The wells will then be fracture stimulated. The design of this completion is currently being undertaken but the final design will build on industry results previously achieved in the area.

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Petro Matad Begins Drilling at Davsan Tolgoi-9 Well

- Petro Matad Begins Drilling at Davsan Tolgoi-9 Well

Thursday, August 04, 2011
Petro Matad Ltd.

Petro Matad announced that the Davsan Tolgoi-9 ("DT-9") exploration well was spudded at 8.50 p.m. Mongolian time (1.50 p.m. BST) on August 3, 2011.

The DT-9 well is being drilled vertically to an estimated target depth of 1,750 meters. The well is being drilled by the Company's contractor, DQE International.

DT-9 targets the Lower Tsagaantsav reservoir at a location 2.5 km south of and 220 meters high to the Company's DT-4 well, which recovered oil-saturated core from the Lower Tsagaantsav.

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American Standard Begins Tx. Drilling Program

- American Standard Begins Tx. Drilling Program

Tuesday, July 19, 2011
American Standard Energy Corp.

American Standard announced initial spud for its 10 net well drilling program in Andrews County, Texas.

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.

The Viking Rig #20 has arrived on location, is rigging up, and is expected to spud the University 42 #2 well in Andrews County within the next 24 hours.

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IGas Begins Drilling 3rd Doe Green Well

- IGas Begins Drilling 3rd Doe Green Well

Tuesday, July 19, 2011
IGas Energy plc

IGas Energy has spud its third well at Doe Green (DG-3). This well is being drilled with the BDF Rig 28.

The Doe Green site located between Warrington and Widnes has steadily produced gas and generated electricity for over two years from a pilot well, DG-2.

DG-3 will be the first well drilled under the Company's accelerated drilling program. The company will update the market on the results of drilling and other activity under the program over the coming weeks and months.

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Manas Begins Second Seismic Survey at Mongolian Blocks

- Manas Begins Second Seismic Survey at Mongolian Blocks

Thursday, July 14, 2011
Manas Petroleum Corp.

Manas announced the commencement of the second seismic survey on the two Mongolian blocks - Zuunbayan-XIV Block and Tsagaan Els-XIII Block - owned by Gobi Energy Partners GmbH.

This year's seismic survey includes up to 1,700 km of 2D seismic. It covers 10 prospective areas over both blocks, which were identified by our integrated interpretation. The program is laid out in 8 phases without any interruption between the phases; however, some phases show interdependencies. Preparation and mobilization has commenced and the acquisition is expected to begin in mid-August. The seismic work will be conducted with vibrators.

Through its wholly-owned subsidiary, DWM Petroleum AG, Manas owns record title to 100% of the issued and outstanding shares of GEP GmbH, though 26% is held in trust for others. GEP GmbH owns 100% of Gobi Energy Partners LLC ("Gobi"), the Mongolian operator of the oil and gas projects on the two blocks. Gobi signed the agreement for Seismic Services with Sinopec Mongolia, a wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group), on July 12, 2011. Sinopec has extensive seismic experience in this area. Sinopec offers all services from seismic to drilling and drilling related services. Sinopec will use Sercel equipment for the survey. The total cost of the program, including mobilization and demobilization, is projected to be US $4.2 million. Nine companies participated in the tender.

This seismic survey is being carried out in an effort to improve the quality of existing data and increase the chances of success of exploratory wells the company intends to drill upon completion and interpretation of the new data. The first well is anticipated to be spudded in the second quarter of 2012.

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Force Fuels Begins Phase II of Drilling Plan

- Force Fuels Begins Phase II of Drilling Plan

Wednesday, July 13, 2011
Force Fuels Inc.

Force Fuels announced the beginning of Phase II of its drilling plan with Carroll Energy, which includes preparing the reports needed to complete 15 new wells on the properties Force Fuels acquired.

Force Fuels anticipates completing the geological analysis and field study within two weeks so the Company can move forward with the final drilling permit filings. Once the final permits are issued, Force Fuels will schedule the drilling contractor and other service work as needed.

"This is the last Phase to complete prior to drilling the 15 new wells. As I stated in a recent press release, we expect initial production rates from the 15 wells to produce a combined total of approximately 150 Barrels Per Day (BPD), totaling 4,500 barrels per month, in addition to the production from the recently opened previously shut-in wells. We are both proud and excited to enter the production phase," stated Tom Hemingway, President and CEO.

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Beach Begins Gas Flow at AU's First Shale Well

- Beach Begins Gas Flow at AU's First Shale Well

Tuesday, July 12, 2011
Beach Energy Ltd.

A significant gas flow of up to 2 million standard cubic feet per day (MMscf/d) has been achieved from Beach's Holdfast-1 exploratory shale gas well in the Cooper Basin. Holdfast-1, the first well drilled to examine the shale gas potential of the thick Roseneath-Epsilon-Murteree shale sequence in the Cooper Basin, is a vertical data gathering well that was recently flow stimulated in seven stages.

Hot water, steam and low levels of gas started to flow from the well on 1 July upon the commencement of post-stimulation clean-up activities. Late on Friday 8 July the flow was diverted through on-site separation equipment to more reliably measure the gas and stimulation fluid rates. With separation of the gas from the returning stimulation fluid the gas flare was successfully ignited. The gas flow rates, now measured, have remained steady at around 1.8 MMscf/d.

Beach regards the flow rates as significant, given the potential for higher flow rates from future horizontal wells. Follow up wells are planned to be drilled to target the optimal producing zone identified by the extensive coring, stimulation and testing program which has been undertaken by Beach in the Nappamerri Trough.

Beach Managing Director, Reg Nelson, said, "We are delighted and excited by this initial flow rate from Holdfast-1. So far the results give us confidence that these shale target zones, which underlie the conventional oil and gas bearing formations in the Cooper Basin, will significantly increase the natural gas potential of this area. It is still early days but this flow rate looks to be very significant."

Mr. Nelson added, "While these results are preliminary at this stage, it does suggest that significantly larger flow rates may be achievable in an optimally designed, pilot horizontal well. Holdfast-1 was deliberately designed to allow us to experiment with different stimulation techniques and to test different zones within a thick sequence of shales and other lithologies to determine which approach could be applied for the best results when designing a pilot production well."

Beach previously reported the flow stimulation of the Holdfast-1 well had been completed successfully with the various selected target zones fracturing vertically, in line with expectations. The vertical nature of the induced fracturing augurs well for future horizontal production wells.

A variety of well perforation techniques, fluid viscosity and proppant sizes was used in the stimulation of Holdfast-1 to provide a range of information on the response and performance of the different shale and tight rock zones intersected in the Permian aged section of the well. This approach is intended to identify which techniques are best suited to the pilot production program set down for 2012. This program will consist of two horizontal wells, one at each location.

The flow stimulation of Holdfast-1 was undertaken in seven stages, targeting the primary target zones of the Roseneath Shale (two stages), the Epsilon Formation (three stages) and the Murteree Shale (one stage), as well as a deeper secondary zone, the Patchawarra Formation (one stage).

Mr. Nelson said, "While we are greatly excited by the results from the Holdfast-1 well to date, we are not surprised by them. Beach has applied an extremely thorough and detailed technical approach over the past few years to its shale gas research, which identified the Cooper Basin, and more particularly the Nappamerri Trough, as one of the most prospective shale gas provinces in Australia. Beach has been a pioneer of shale gas exploration in Australia and is now best placed to lead the development of the shale gas industry through its accumulated expertise, its acknowledged competence as an operator and the fact that the Cooper Basin has well established infrastructure in place to assist in commercialization of this opportunity."

Participants in PEL 218 (Permian JV) are:

• Beach (Operator) 90%
• Adelaide Energy Ltd 10%

The Cooper Basin is the most prolific onshore petroleum province in Australia, having produced approximately 6 Tcf of gas to date, and is ideally situated as it has the necessary infrastructure for the delivery of oil and gas to the Eastern Australian markets. Within the Cooper Basin, Beach currently holds interests of approximately 20% of the SACB JV (Santos operated), this includes infrastructure such as the Moomba production facility, approximately 23% of the SWQ JV (Santos operated) as well as various oil interests of between 40-75% on the Western Flank of the Cooper Basin.

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Max Petroleum Begins Testing Kazakh Appraisal

- Max Petroleum Begins Testing Kazakh Appraisal

Monday, July 11, 2011
Max Petroleum plc

Max Petroleum has begun testing of the ZMA-ET1 appraisal well in the Zhana Makat Field, successfully flowing 47 degree API oil at an equivalent rate of approximately 1,200 barrels of oil per day ("bopd") from perforations in a Triassic reservoir from depths of 1,282 to 1,288 meters during a five hour flow-back period. The well, located in Kazakhstan, will be connected to temporary production facilities later this week and brought onto production. The Company expects the well to produce at a stabilized rate between 500 and 1,000 bopd.

Completion and testing of the ZMA-ET2 well is expected to begin shortly, with production beginning in the next few weeks. Both wells will initially be placed on test production pending confirmation of reserves necessary for future inclusion in Zhana Makat's full field development program.

Michael B. Young, President and CFO, commented, "This is the best test rate we have seen in any well we have drilled to date and further confirmation of the potential of the Triassic reservoirs on Blocks A&E. We will continue to increase production this month as we bring on the ZMA-ET2 and BOR-3 wells, followed by the ASK-1 Jurassic well in August. We are also looking forward to drilling other Triassic prospects in our portfolio this quarter, including Sagiz West, Zhalgyz South, and Asanketken."

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Legend O&G Begins Drilling Program in Kansas

- Legend O&G Begins Drilling Program in Kansas

Wednesday, July 06, 2011
Legend O&G Ltd.

Legend O&G has drilled the first two wells of a three well program to develop its producing leases in Piqua, Kansas. The wells were drilled to a total depth of approximately 825 feet. It is anticipated the Company will commence the drilling of its third well in this development program within the next week and may consider drilling additional wells on these leases before year-end.

"Oil prices remain strong and the geological review of the leases indicate this development program can be commercially successful on the Orth-Gillespie, Gillespie South and Cress leases on the south part of our holdings at Piqua, Kansas," said Legend's President, Marshall Diamond-Goldberg.

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Chevron Begins Work to Double Capacity at Caspian Pipeline

- Chevron Begins Work to Double Capacity at Caspian Pipeline

Friday, July 01, 2011
Dow Jones Newswires
MOSCOW
by Jacob Gronholt-Pedersen

The Chevron-led Caspian Pipeline Consortium Friday said it has started a $5.4 billion expansion to double capacity to 1.4 million barrels a day by 2015.

"The capacity of the 900-mile [1500 kilometer] pipeline, which carries crude oil from Western Kazakhstan to a dedicated terminal in the Black Sea, will increase to 1.4 million barrels a day from its current capacity of 730,000 barrels a day," Chevron said in a statement.

The project will be implemented in three phases with capacity increasing progressively from 2012 to 2015, Chevron said.

The pipeline, which has been operating for ten years, ships crude from the Tengiz and Karachaganak fields in Kazakhstan to Russia's Black Sea port of Novorossiysk.

CPC shareholders include Lukoil Holdings, Transneft, Shell, ExxonMobil), Kazakhstan's KazMunaiGas and Italy's Eni.

Copyright (c) 2011 Dow Jones & Company, Inc.

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Salamander Begins Drilling at East Kalimantan

- Salamander Begins Drilling at East Kalimantan

Monday, June 20, 2011
Salamander Energy plc

Salamander announced the spud of the South Sebuku-2 ("SS-2") appraisal well, Bengara-1 PSC, East Kalimantan. The onshore South Sebuku gas discovery was made in 2009 and is thought to contain gross mean contingent resources of circa 80 Bcf. Salamander has a 41% interest in the Bengara-1 PSC.

SS-2 will target gas-bearing sandstones in the Tabul, Meliat and Naintupo formations and be drilled to approximately 1,370 metres total vertical depth sub-sea. It will be drilled using the HPS-1 land rig and is expected to take approximately 30 days to complete on a dry hole basis.

In the event of appraisal success, the Bengara-I partners will look to tie the South Sebuku discovery into the South Sembakung gas field, located within the neighboring Simengarris PSC. The South Sembakung development is currently on-going with a view to coming on-stream in 4Q 2012, in order to supply the Bunyu Island Methanol plant with 25 MMscfd.

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