Mon, 12 Nov 2012 07:18:18 CDT   novinite.com

The USA is to become the world's top producer of oil and gas around 2020, overtaking Saudi Arabia until the middle of that decade, the International Energy Agency said on Monday. "The recent rebound in US oil and gas production... is spurring economic activity... and steadily changing the role of North America in global energy trade," the agency concluded in its annual World Energy Outlook


Thu, 27 Sep 2012 07:30:00 CDT   globenewswire.com

United States focused oil & gas producer AusTex Oil Limited (ASX:AOK) (OTCQX:ATXDY) is pleased to report that it has brought a second vertical well on pump at Production Hub No. 2 at the 100%-owned 5,500 acre Snake River Project in Northern Oklahoma. This takes the total number of producing wells at the Snake River Project to six, with a seventh well, the #20-2, successfully fracced and expected to be on pump shortly.


 
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