Cloudbreak Reports 214,000 bbl of NI 51-101 Recoverable Oil Reserves
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 14, 2010) – Cloudbreak Resources Ltd. (TSX VENTURE:CDB)(PINK SHEETS:CUDBD)(FRANKFURT:C6K) is pleased to announce an independent NI 51-101 compliant upgrade of its J5 parcel from the category of prospective resources to probable and possible reserves. Based on favourable reservoir parameters, Chapman Petroleum Engineering Ltd. of Calgary, Alberta …
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Atlas Energy Reports Record Third Quarter 2010 Production; New Marcellus Well Achieves Initial Rate of 21 Mmcf Per Day
PITTSBURGH–(BUSINESS WIRE)–Atlas Energy, Inc. (NASDAQ: ATLS) (“Atlas” or “the Company”) reported today that average net production in the Company’s Appalachian business unit reached a record 63.3 million cubic feet of natural gas equivalents (“Mmcfe”) per day in the third quarter 2010, representing a 53.2% increase year over year and a 15.4% increase from the second quarter 2010. Total Company …
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Russia’s TNK-BP to buy BP’S Venezuela assets
Russia’s TNK-BP half-owned by BP is to buy Venezuelan oil fields from the British major one of TNK-BP’s owners said in another step towards its goal of growing outside Russia.
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Atlas Energy Reports Record Third Quarter 2010 Production; New Marcellus Well Achieves Initial Rate of 21 Mmcf Per Day
Atlas Energy, Inc. reported today that average net production in the Company’s Appalachian business unit reached a record 63.3 million cubic feet of natural gas equivalents per day in the third quarter 2010, representing a 53.2% increase year over year and a 15.4% increase from the second quarter 2010.
Read more on Business Wire via Yahoo! Finance