EXPLORATION

US update: mixed news in the Permian

IN today's US update: Golden Gate, Molopo Energy and Samson Oil & Gas release mixed Permian news while it's all about cash and acquisitions for Maverick Exploration and Texon.

James McGrath

Golden Gate Petroleum has hit about 40m of oil sand along with 487m of rich oil shale from its SRH-C 6H well in Reagan County, Texas. Drilling hit total depth last week, with electric logs run over the...

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