Moss Creek Resources recently set a new record for drilling a well in the Permian Basin, the onshore resource that has dramatically transformed the fortunes of the US oil and gas industry.
BP believes it has found a fertile new source of shale gas in New Mexico, on land it bought from a US shale driller two years ago.
Nostra Terra Oil & Gas has lost the exclusive right to acquire an interest in producing assets in New Mexico's Permian Basin after failing to meet a payment deadline.
Nostra Terra has snapped up more oil and gas acquisition onshore USA, in the Permian basin in a $3million deal
Caza Oil and Gas has revealed it is in advanced negotiations with a proposed financing partner to establish a new funding structure.