Dry hole

Chicago Sun-Times;  January 20, 1986 ;     2 words ...((PHOTO CAPTION))

Algerian exploratory well turns up dry hole for Phillips

The Journal Record;  May 1, 1996 ;     164 words ......Petroleum Co. Tuesday reported an exploratory well in Algeria was a dry hole. Located in a 1.5 million acre tract of the Bordj Messouda...not tested. It will be plugged and abandoned. The $13 million dry hole does not alter Phillips' plans to search for oil in Algeria...

Motorola ordered to pay dlrs 300 million over 'dry hole' Iridium

AP Worldstream;  January 8, 2002 ;     384 words ......statement. It is not unlike when you drill for oil, there is always the potential of ending up with a dry hole. Regrettably, this was a 'telecom dry hole' relative to the grand hopes we all had. Motorola called the ruling a first step in the case and...

Sununu sees Tower OK // Says probes have produced `dry hole'

Chicago Sun-Times;  February 13, 1989 ;     389 words ......of Defense Secretary-designate John Tower have produced a "dry hole" and he eventually will win Senate confirmation despite allegations...that is of significance that has been checked has produced a dry hole," Sununu said in a television interview. Tower appeared headed...

ISRAMCO, INC. REPORTS YAM WEST 1 WELL A DRY HOLE

PR Newswire;  March 21, 1995 ;     124 words ......well decided to accept the operator, Isramco's recommendation not to carry out any production tests and declare the well a dry hole. The operator is now in the process of completing the activities at the well site and releasing the semi-submersible rig. The...

State shares dry hole drilling risk with credits

New Orleans CityBusiness;  November 17, 2006 ;     143 words ......for certain drilling for oil and gas in the Gulf of Mexico, the Louisiana Department of Natural Resources said. Act 298, the Dry Hole Credit Well Program authorized by state Sen. Reggie Dupre, D-Houma, will pay oil companies 50 percent drilling costs of any...

Energy company Syntroleum's report of dry hole causes stock drop.

Daily Oklahoman (Oklahoma City, OK);  October 4, 2005 ;     468 words ......pummeled Syntroleum Corp. stock Monday, driving the shares down 36 percent after the Tulsa-based energy company reported a dry hole on its first drilling project in Nigeria. Syntroleum management downplayed the news, saying the large Aje field has proved...

KESTREL REPORTS 4TH QUARTER EARNINGS; BELLEROPHON DRY HOLE CONTRIBUTES TO...

PR Newswire;  September 28, 1995 ;     197 words ......revenues of $162,917. The bulk of the loss was attributed by company officials to a previously announced writeoff of $138,000 in dry hole costs associated with the Bellerophon well on the North West Shelf of Australia. The increase in fourth quarter revenues was...

API: House Energy Bill a 'Dry Hole' for U.S. Consumers

US Fed News Service, Including US State News;  September 15, 2008 ;     306 words ......release: API has issued the following statement on the House energy bill under discussion today: "The House energy bill is a dry hole for American consumers. The bill does little to increase U.S. oil and natural gas supplies and, in fact, may well result in...

House Energy Bill A 'Dry Hole' For U.S. Consumers

US Fed News Service, Including US State News;  September 15, 2008 ;     305 words ......release: API has issued the following statement on the House energy bill under discussion today: "The House energy bill is a dry hole for American consumers. The bill does little to increase U.S. oil and natural gas supplies and, in fact, may well result in...

AS STARR'S PROBE FADES, HIS MOTIVES ARE A MYSTERY WHILE ENCOURAGING GREAT...

The Virginian Pilot;  July 8, 1997 ;     619 words ......president himself - that sort of thing. But while encouraging great expectations among Clinton haters, Starr has drilled one dry hole after another and complained that his various targets will not voluntarily assist in their own indictment. Hard-rock Republican...

Wawiri 1 Well in New Zealand a Dry Hole.

PR Newswire;  September 29, 2003 ;     254 words ......release: Magellan Petroleum Australia Limited advises that the Wawiri 1 oil exploration well has been plugged and abandoned as a dry hole after failing to encounter significant hydrocarbons. The rig has been released and will move to the Bluff 1 location in PEP...

Harken Hits Dry Hole; Stock Sinks

The Journal Record;  February 6, 1993 ;     700+ words ......last year that its first exploratory well in Bahrain was a dry hole. The company's stock had skyrocketed from $1.25 a share in...the stock fell sharply last year after announcement of the dry hole in Bahrain and hasn't since approached its earlier peak. Houston...

Magellan Petroleum Corporation Announces Gregory River-3 Well Is Dry Hole.

PR Newswire;  May 19, 2003 ;     309 words ......today: Magellan Petroleum Australia Limited advises that the Gregory River-3 ST 1 well has been plugged and abandoned as a dry hole. The well intersected some 386 metres of the Gregory Sandstone, (the primary objective of the well). A flow test of this section...

Spinnaker Exploration Company Confirms 'Q' Field and Announces Dry Hole on...

PR Newswire;  June 22, 2005 ;     494 words ......commercial Miocene pays in the prospective interval. Spinnaker operates the Korn prospect with a 37.5 WI and had net exposure in the dry hole of approximately $5.0 million. Spinnaker Exploration Company is an independent energy company engaged in the exploration, development...