The two blocks total 12,000 square kilometers.
The drilling rig is expected on location in early June.
The company is announcing a 50% increase in production from its Mississippian Project.
API Chief Economist John Felmy told reporters more oil and natural gas development is important to meeting America’s future energy needs.
The drilling of the well is part of Eni's strategy to refocus exploration activities in Egypt by targeting deeper plays in the Western Desert.
North Dakota has surpassed Alaska as the second leading oil producer, behind Texas, according to news reports.
The new office is meant to support the Utica/Marcellus Shale initiative.
Sen. Lisa Murkowski pitched the U.S. ambassadors of Japan and South Korea on the benefits of importing natural gas from Alaska’s North Slope.
The company holds a 10% interest in the Papua New Guinea well.
Caza Oil & Gas, Inc. has provided an operational update on the Company's drilling activities in southeast New Mexico.
Geolog 7 offers a modern, user-friendly interface and technological innovations.
American officials recently announced Iraq intends to purchase some of the unmanned drones commonly used by the U.S. military in an effort to better protect the country's oil production and transportation infrastructure.
The company will develop seven Class II salt water disposal wells to be located in South Texas.
Cachirre #1 is the company’s second well on the CPO 4 block in Colombia.
ShawCor has received the contract for the coating of the Julimar Development Project.
Senator Lisa Murkowski today questioned EPA Administrator Lisa Jackson about the agency’s expansion of a study of hydraulic fracturing beyond what was authorized by Congress.
Dr. Rafael Sandrea’s comprehensive supply assessment is now available through PennEnergy Research.
New insight from recent geological studies by Geoscience Australia has increased the geological knowledge of several onshore petroleum exploration regions in Western Australia.
API President and CEO Jack Gerard said the administration’s report on idle oil and natural gas leases is a political ploy designed to distract American voters from the administration’s failed energy policy.
The discovery made at Coral 1 exploration prospect is estimated to range between 7 and 10 trillion cubic feet of gas in place.
