International Business News - Exploration http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Iranian state TV says the country is exploring a newly discovered oil field believed to contain more than 1 billion barrels of crude oil. The report quotes Iranian Oil Minister Gholam Hossein Nozari as saying the area holds about 1.1 billion barrels of crude oil. He says about 220 million barrels are "recoverable." He did not elaborate. http://www.ibtimes.com/articles/20080713/report-iran-explores-new-oil-field.htm Sun, 13 Jul 2008 09:12:33 EDT An Australian company has started exploratory drilling for uranium in southwest North Dakota, the first search for the radioactive element in the state in three decades. http://www.ibtimes.com/articles/20080703/exploratory-drilling-for-uranium-under-way-in-nd.htm Thu, 03 Jul 2008 17:50:28 EDT A director at natural-gas and oil company St. Mary Land & Exploration Co. sold options for 5,470 shares of common stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080702/st-mary-land-exploration-director-sells-stock.htm Wed, 02 Jul 2008 14:19:37 EDT The vice president of international operations for oil and natural gas company Newfield Exploration Co. sold 7,218 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080627/newfield-exploration-vice-president-sells-shares.htm Fri, 27 Jun 2008 15:22:28 EDT Shares of BPZ Resources Inc. soared Thursday after the oil and gas exploration and production company said it is in talks with a unit of Royal Dutch Shell PLC about jointly developing properties in Peru. http://www.ibtimes.com/articles/20080626/bpz-resources-shell-seek-peruvian-joint-venture.htm Thu, 26 Jun 2008 11:35:20 EDT Brigham Exploration Co. said Wednesday it expects to begin commercial production in August from the first of six wells drilled in a joint venture with Clayton Williams Energy Co. http://www.ibtimes.com/articles/20080618/brigham-exploration-gets-a-hit-in-south-louisiana.htm Wed, 18 Jun 2008 13:29:13 EDT Newfield Exploration Co. on Tuesday raised its 2008 production forecast by about 24 percent, partly on new output from two Malaysian crude oil and condensate fields. http://www.ibtimes.com/articles/20080617/newfield-exploration-hikes-08-production-forecast.htm Tue, 17 Jun 2008 15:16:20 EDT McMoRan Exploration Co. reported Thursday a fourth successful natural-gas well in shallow coastal waters of southern Louisiana. The Flatrock 4 development well, which will be deepened to 18,500 feet from its current 15,315 feet, has already encountered 135 net feet of hydrocarbon-bearing sands. http://www.ibtimes.com/articles/20080612/another-mcmoran-exploration-gas-well-hits-pay-dirt.htm Thu, 12 Jun 2008 15:08:55 EDT The senior vice president and chief financial officer of oil and natural-gas producer Newfield Exploration Co. exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080611/newfield-exploration-cfo-exercises-options.htm Wed, 11 Jun 2008 14:28:52 EDT An analyst upgraded Newfield Exploration Co. Tuesday, saying he now feels more comfortable the oil and natural gas company's production will improve and that a large holding in the Rocky Mountains holds significant value. http://www.ibtimes.com/articles/20080527/ahead-of-the-bell-newfield-exploration-upgraded.htm Tue, 27 May 2008 08:44:29 EDT Oil and gas producer Plains Exploration & Production Co. said Tuesday it sold $400 million in senior notes in a public offering. The 7.625 percent senior notes will mature June 1, 2018. Proceeds from the offering will be used to pay down debt. http://www.ibtimes.com/articles/20080520/plains-exploration-sells-senior-notes.htm Tue, 20 May 2008 17:05:53 EDT Plains Exploration & Production Co. said it will sell $300 million worth of senior notes due in 2018, and use the proceeds to repay outstanding borrowings under its revolving credit facility. http://www.ibtimes.com/articles/20080520/plains-exploration-to-sell-300m-of-senior-notes.htm Tue, 20 May 2008 07:23:36 EDT Oil and gas producer Plains Exploration & Production Co. said late Wednesday its first-quarter profit rose as a result of recent acquisitions and higher commodity prices. http://www.ibtimes.com/articles/20080508/plains-exploration-production-1st-quarter-profit-rises.htm Thu, 08 May 2008 12:41:10 EDT Oil and natural-gas producer Newfield Exploration Co. said Wednesday it has signed a joint development agreement with Exxon Mobil Corp. to explore and develop about 87,000 acres in South Texas. http://www.ibtimes.com/articles/20080507/newfield-exxon-mobil-to-jointly-develop-land-in-south-texas.htm Wed, 07 May 2008 10:56:37 EDT Oil and natural gas exploration and production company St. Mary Land & Exploration Co. said Friday it raised its output estimates for 2008 to reflect increased drilling. http://www.ibtimes.com/articles/20080502/st-mary-land-exploration-forecasts-greater-08-production.htm Fri, 02 May 2008 09:19:45 EDT The president and chief executive of oil and natural gas producer McMoran Exploration Co. exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080428/mcmoran-exploration-ceo-kleinert-exercises-options.htm Mon, 28 Apr 2008 16:22:09 EDT An analyst downgraded McMoRan Exploration Co. Monday, saying while the energy exploration company is positioned to perform well in two natural gas fields, the stock's recent meteoric run reflects its full value. http://www.ibtimes.com/articles/20080428/ahead-of-the-bell-analyst-downgrades-mcmoran-exploration.htm Mon, 28 Apr 2008 08:05:04 EDT Newfield Exploration Co. said Wednesday its first-quarter loss narrowed fueled by strong production growth. The loss for the March quarter totaled $64 million, or 50 cents per share, compared with a loss of $96 million, or 75 cents per share, in 2007. The latest quarter includes a net unrealized loss on commodity derivatives of $169 million, or $1.30 per share, as well as an expense of $9 million, or 7 cents per share, to reset a portion of 2010 crude oil hedges. Excluding those items, the company earned $114 million, or 87 cents per share. http://www.ibtimes.com/articles/20080423/newfield-exploration-1st-quarter-loss-narrows.htm Wed, 23 Apr 2008 18:50:39 EDT Oil and gas producer Plains Exploration & Production Co. on Friday affirmed its production expectations for the full year on the heels of a property acquisition. Shares rose $2.17, or 3.8 percent, t... http://www.ibtimes.com/articles/20080404/plains-expl-reaffirms-08-production.htm Fri, 04 Apr 2008 10:44:50 EDT A director of oil and natural gas producer McMoran Exploration Co. bought 500,000 shares of stock, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080213/mcmoran-director-buys-500-000-shares.htm Wed, 13 Feb 2008 15:09:06 EST