Laredo Oil Granted Drilling Permit for Lustre Oil Field Property in Northeast Montana
The permit to drill its first well in Lustre Oil Field, in Western Williston Basin, Montana, was given to Laredo Oil. However Lustre Oil Company,...
Tag : oil drilling
Cathedral Energy Closes Acquisition of Valiant Energy’s Assets
This Wednesday, Calgary-based Cathedral Energy Services Ltd. announced it closed the acquisition of the operating assets of Valiant Energy Services. Indeed, the transaction proceeded for...
Ensign Energy and Nabors Industries close sale of Nabors’ drilling assets
The Calgary-based global leader in oilfield services Ensign Energy Services Inc. and Nabors Industries Ltd., announced today the purchase’s completion of the fleet of 35...
Oil drilling ban lifted by U.S. judge, final decision pending
The oil drilling ban pushed by Biden-Harris administration since January of 2021 has been lifted by a U.S. federal judge in Louisiana; the move represents...
From Oil Drilling to Energy Transition – CAODC Transforms into CAOEC
Today, 72-year-old Canadian oilpatch bastion, the Canadian Association of Oilwell Drilling Contractors, announced it is changing its name to better reflect its commitment to the...
California governor seeking to end oil extraction in the state by 2045
California governor, Gavin Newsom, is seeking ways to phase out oil drilling in the state by 2045, reported Reuters. His administration is also evaluating ways...