Watching Government: When a minor move matters

The US Bureau of Safety and Environmental Enforcement extended the deadline for offshore oil and gas operators to coordinate their operations and retain their federal leases from 180 days a full year. The June 9 final rule extends the time allowed betw…

Strategic plans more Muskeg wells in Alberta

Following its success in this year’s first half, Strategic Oil &
Gas Ltd. will drill and complete four additional Muskeg wells this
Summer. The operator also is evaluating a second prospective formation in its multizone light-oil Marlowe prospect.