Author Archive: Admin

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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Thunder Energies announces interview with Midnight in the Desert w/Heather Wade on the danger posed by antimatter asteroids

TARPON SPRINGS, Fla., Dec. 20, 2017 (GLOBE NEWSWIRE) — Brian Buckley, Operations Manager of Thunder Energies Corporation, a publicly-traded company with stock symbol (OTC:TNRG), announces that Dr. Ruggero M. Santilli, company Chief Scientist, has been interviewed on December 6, 2017 by Ms. Heather Wade, host of Midnight in the Desert Radio (http://midnightinthedesert.com/how-to-listen) from 9:00 pm […]

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TransGlobe Energy Corporation Announces Q4 2017 Operations Update

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Annual 2017 average production is trending to ~15.4 MBoepd, a 27% increase over 2016 Lifted and sold ~510 thousand barrels of entitlement crude […]

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Eagle Energy Inc. Announces Ongoing Production Results from its First North Texas Well

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — (TSX:EGL):  Eagle Energy Inc. (“Eagle”) is pleased to announce that, one month after initial production, the oil, natural gas and natural gas liquids rates from its first North Texas horizontal well continue to perform at budgeted levels.  Currently, the well is producing 450 barrels of oil equivalent […]

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Marksmen Announces Over Subscription of Private Placement and Operational Update

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) announces that its non-brokered private press released on December 12, 2017 is over-subscribed.  The initial offering was for 3,000,000 units which has been over-subscribed by 806,000 units bringing the total subscriptions to 3,806,000 units (the “Units”) of Marksmen at a […]

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LINN Energy Announces Sale of Its Oklahoma Waterflood and Texas Panhandle Properties for $122 Million

HOUSTON, Dec. 19, 2017 (GLOBE NEWSWIRE) — LINN Energy, Inc. (OTCQB:LNGG) (“LINN” or the “Company”) announces that it has signed a definitive agreement to sell its Oklahoma Waterflood and Texas Panhandle properties to an undisclosed buyer for a contract price of $122 million, subject to closing adjustments. The combined properties to be sold consist of […]

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Petrogress, Inc. Announces Joint Venture with International Marine Fleet & Offshore Support Provider

NEW YORK, Dec. 19, 2017 (GLOBE NEWSWIRE) — Petrogress, Inc. (OTC:PGAS) today announces that its Petrogress Int’l, LLC (“PIL”) subsidiary has entered into a Memorandum of Understanding (“MOU”) with EDT Agency Services, Ltd. (“EDT Offshore”) to combine the companies’ operations at the Port of Limassol and additional port facilities in Cyprus.  The MOU covers shorebase […]

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American Pacific Resources Begins Shipping Gold Ore Concentrates

NEW YORK, Dec. 19, 2017 (GLOBE NEWSWIRE) — PHI Group, Inc. (www.phiglobal.com) (OTCQB:PHIL), a company focused on mergers and acquisitions and investments in natural resources, energy, agriculture, and special situations, announced today that its subsidiary American Pacific Resources, Inc. (“APR”) (https://aprgold.com/) has begun shipping gold ore concentrates.  APR has shipped 2,400 pounds of gold ore […]

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Pulse Seismic Inc. Announces Renewals of Normal Course Issuer Bid and Revolving Credit Facility

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) announces that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s Notice of Intention to purchase through a normal course issuer bid up to 3,053,815 common shares (representing 10 percent  of the public float of 30,538,152 common […]

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Crew Energy Inc. Provides Update on Timing of 2018 Capital Budget

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) today announces that the Company will issue its 2018 capital budget and full year guidance early in 2018.  With the continued volatility in spot and future natural gas prices, the Company believes it is prudent to defer finalization of […]

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Extraction Oil & Gas, Inc. Announces 2018 Capital Program; Provides Production and Operating Expense Guidance

DENVER, Dec. 19, 2017 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ:XOG) (“Extraction” or the “Company”) today provided its 2018 production, capital and operating expense guidance for the full-year 2018. 2018 Program Highlights The Company expects its full-year 2018 average net sales volumes to be 87.0-93.0 thousand barrels of oil equivalent per day (MBoe/d) […]

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