Hercules Offshore and Magnum Hunter Resources Well Positioned for Downturn in Oil Prices
The Bedford Report released research on Hercules Offshore Drilling, Inc. (NASDAQ:HERO) and Magnum Hunter Resources Corporation (AMEX:MHR).
The Bedford Report released research on Hercules Offshore Drilling, Inc. (NASDAQ:HERO) and Magnum Hunter Resources Corporation (AMEX:MHR).
Zone Resources Inc. (CVE:ZNR) reports mobilizing a drill to the Labrador Trough to begin diamond drilling on the Zone land package.
Blackbird Energy Inc. (CVE:BBI) reports that Donnybrook Energy Inc. (CVE:DEI) has informed the Company that drilling has began on August 25, 2011 on the Montney Horizontal formation well at 100/14-29-060-22W5/00, in Bigstone, Alberta.
Zone Resources Inc. (CVE:ZNR) reports that it has engaged Watts, Griffis and McOuat Limited Consulting Geologists and Engineers of Toronto, Canada, for its Labrador Trough iron project
Simba Energy Inc. (CVE:SMB,FRA:GDA,OTC:SMBZF) announced the Kenyan government has granted Block 2A to the company by way of a Production Sharing Contract.
Zone Resources Inc. (CVE:ZNR,FRA:7ZR) announced the completion of an airborne survey over the Labrador Trough property.
Primary Petroleum Corporation (CVE:PIE,OTCQX:PETEF) reports entering a non-binding Letter of Intent to finalize a Farmout and joint operating agreement with a major U.S. based Industry Partner on its 291,000 net acres under lease and option in the Southern Alberta Basin Bakken Fairway of NW Montana.
Kulczyk Oil Ventures Inc. (WAR:KOV) reports its well has encountered eight potential gas bearing reservoirs at total depth.
Zone Resources Inc. (CVE:ZNR) reports that it has signed a contract to carry out diamond drilling on its Labrador Trough iron properties, in the Nunavik district of Northern Quebec.
Simba Energy Inc. (CVE:SMB) reports its finalizing an onshore Liberian PSC application.
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