Engineer estimates reserves to 7 decimal place precision
CALGARY, Alberta – Michelle Conner, a junior reserves evaluataor with Poukete Engineering, is confident that she has estimated the reserves for one of her clients to 7 decimal place precision. Reserves...
View ArticleReserves write down avoided with Schrödinger paradox
CALGARY, Alberta – A company-bankrupting reserves write down was avoided at Bark Resources, and Chief Reservoir Engineer Harry Moorecock has only Austrian physicist Erwin Schrödinger to thank. Mr....
View ArticleNew competition for Ashley Madison fires up in ‘Oil City’ Alberta
RED DEER, Alberta – Online dating and infidelity mogul Ashley Madison (AM) has always held the spotlight for a website devoted to cheating and affairs, with the likes of POF and Christian Mingle...
View ArticleHarvard and Yale estatistics team theorize 99.8% of all booked oil reserves...
CAMBRIDGE, Massachusetts – After Royal Birch Shill took a $2.1B write-down in the second quarter of 2013, related mostly to improperly booked reserves in its tight oil assets in North America, many...
View ArticleHalfkatch Energy buys 74,576 gas wells in Saskatchewan
SPEEDY CREEK, Saskatchewan – In the early years of the 21st century, oil and gas operators were primarily focused on natural gas and less on oil properties, which is quite contrary to today’s...
View ArticlePerpetual Resources attempts to book “infinite” reserves, SEC says no!
DENVER, Colorado – It is not often that the SEC will accept a near infinite reserves booking for an oil property in the United States. But thanks to the sharp minds at the Securities and Exchange...
View ArticleWritedown Resources to release weak Q2 results after strong Q1 results sink...
CALGARY, Alberta – After seeing its share price plummet by 11% the morning after it released stellar Q1 results, Writedown Resources plans to release much poorer than expected results in the second...
View ArticleBendovus charged with falsifying reserves
CALGARY, Alberta – Bendovus Energy, Canada’s largest oil and gas operator, is facing numerous charges after a weekend sting by the Canadian Oil & Gas Investigations Commision. The energy giant...
View ArticleOil Well Stimulation Method Will Use SADMs to Replace Fracking
LOS ALAMOS, New Mexico – A newly formed company, Fishin Technologies, based in Los Alamos, New Mexico, has announced plans to use surplus U. S. Army Special Atomic Demolition Munitions (SADMs) to...
View ArticlePhanerotoptric Congeneration Used to Identify Fentel Trends
JACKSON HOLE, Wyoming – Professor Harvey Farquar of the Department of Debusive Geology at the University of Newfoundland presented a paper at the annual convention of the World Organization of...
View ArticleMexico Opens Oil Industry to Foreign Investment; Nobody Interested
HOUSTON, Texas – Mexico’s congress passed the final measures needed to allow direct foreign investment in the nation’s oil and gas industry and Presidente Enrique Peña Nieto signed the legislation into...
View ArticleUnique New Reservoir Simulator Now Available
WASHINGTON, D. C. – No Such Agency Software (NSAS), headquartered in Fort Meade, Maryland announced that a new oil and gas reservoir simulation package, named WhatchaHydin?, with some very unique...
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