(World Oil) – Laredo Oil, Inc., an oil exploration and production company with over 30,000 net acres of mineral rights in the West Fork field located north of the Fort Peck reservation in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field. “As previously reported, we are raising up
Reuters The U.S. Supreme Court handed BP Plc (BP.L) unit Atlantic Richfield Co a victory on Monday, making it harder for Montana landowners to seek a more extensive cleanup of a hazardous waste site than the federal government had ordered. In a case involving the Environmental Protection Agency’s Superfund program responsible for cleaning up certain toxic waste sites, the justices
From Reuters A court in Nebraska on Friday affirmed an alternative route through the Midwest state for TC Energy Corp’s Keystone XL oil pipeline in the latest chapter in the nearly 10-year legal fight over the Canada to Texas pipeline. The ruling lifts one of the last outstanding legal challenges facing the controversial project, which would ship 830,000 barrels per
From Reuters U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report on Monday. The largest change is expected in the Permian Basin of Texas and New Mexico, where output is seen
By Tyler Losier, Energy Reporter, Oil & Gas 360 Michael Reger, Northern Oil and Gas president and founder, will leave the company amicably Northern Oil & Gas (stock ticker: NOG), a non-operating E&P, has announced that Michael Reger, its president, founder and chairman emeritus, will be departing the company amicably to pursue other opportunities. Reger, however, will continue to serve
From The Seattle Times BILLINGS, Mont. (AP) — Environmentalists asked a federal judge on Monday to cancel approvals issued by the U.S. Army Corps of Engineers for the Keystone XL oil pipeline from Canada, opening another front in the legal fight over a long-delayed energy project that President Donald Trump has tried to push through to completion. Attorneys for the
By Tyler Losier, Energy Reporter, Oil & Gas 360 87-well acquisition expected to close in Q3 2019 Foothills Exploration Inc. (stock ticker: FTXP), an independent E&P focused on assets in the Rocky Mountain region, has released an update of their planned acquisition of a 7,000-acre property in Montana’s North-Central Basin. The purchase, which would include 87 oil and gas wells,
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