PetroSun Company News

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Templin Heads PetroSun's E&D Program
PetroSun and its working interest partner Holbrook Energy, LLC will drill basement exploration test wells on the Manuel Seep and Little Colorado prospects. The Permian, Pennsylvanian and Devonian formations will be evaluated.
7:00 PM EST | January 22, 2008
PetroSun Names New VP of Exploration & Development
PetroSun has named John F. Templin II, Ph.D. as Executive Vice President of Oil and Gas Exploration and Development for domestic and international operations.
7:00 PM EST | November 26, 2007
Arc Acquires Interests in Canning Basin Blocks
Arc Energy Limited has further consolidated its position in the Canning Basin with the acquisition of a significant portfolio of interests in the southern part of the basin.
8:00 PM EST | September 16, 2007
PetroSun Tests Drilling Rig Prior to Shipping to Canning Basin
PetroSun reported that the Spencer Harris 7000 drilling rig recently surveyed by ModuSpec USA will drill the Muslow #2 prior to being shipped to the Canning Basin of Western Australia.
8:00 PM EST | August 15, 2007
PetroSun Hires Rig for Arizona Exploration Program
PetroSun has hired an automated top-drive drilling rig for its Arizona exploration program.
8:00 PM EST | July 30, 2007
PetroSun Retains ModuSpec for Rig Survey
PetroSun has retained the services of ModuSpec to survey a drilling rig for deployment to the Canning Basin IN Western Australia.
8:00 PM EST | July 25, 2007
PetroSun Completes First Phase of Canning Basin Farmin
PetroSun, Inc. has completed the initial funding requirements of the Exploration Permit 442 Farmin Agreement with New Standard Exploration NL of West Perth, Western Australia.
8:00 PM EST | June 12, 2007
PetroSun Completes Initial Funding for EP 417 Farmin
PetroSun has completed the initial funding requirements of the EP 417 Farmin Agreement with New Standard Exploration NL of West Perth, Western Australia.
8:00 PM EST | June 10, 2007
PetroSun Advances Arizona Exploration Program
Maverick Oil and Gas, Inc. has completed the sale of its interest in the Barnett Shale project for proceeds, net of its interest in the project, of approximately $22.5 million.
8:00 PM EST | April 29, 2007
PetroSun, New Standard Reach Canning Basin Deal
PetroSun, Inc. on Monday said that it has executed an agreement with New Standard Exploration NL covering specific blocks within Exploration Permit 442 located in the Canning Basin of Western Australia.
8:00 PM EST | April 01, 2007
PetroSun Executes Canning Basin Farmin
PetroSun, Inc. has executed the formal Farmin and Joint Operating Agreement with New Standard Exploration NL covering Exploration Permit 417 located in the Canning Basin of Western Australia.
8:00 PM EST | March 29, 2007
PetroSun Opens Shop in Shreveport
PetroSun, Inc. on Monday announced that the company will be moving into its new regional headquarters this week.
8:00 PM EST | March 25, 2007
PetroSun Issues Update on E&P Activities
PetroSun, Inc. announced the following updates of its oil and gas exploration and production activities.
7:00 PM EST | February 22, 2007
PetroSun to Launch Arizona Exploration Program
PetroSun, Inc. and its joint venture partners will commence the drilling of the initial Holbrook Basin prospects during March of 2007.
7:00 PM EST | February 12, 2007
PetroSun Executes Canning Basin Agreement
PetroSun, Incorporated on Thursday said that an agreement has been executed with New Standard Exploration NL of West Perth, Australia covering Exploration Permit 417 located within the Canning Basin of Western Australia.
7:00 PM EST | January 10, 2007
PetroSun Acquires Sibley Field Interests
PetroSun, Incorporated said that the company has completed the acquisition of the ALM Trust Properties, LLC working interest in the Sibley Field of Webster Parish, Louisiana.
7:00 PM EST | December 17, 2006
PetroSun to Lasso Maverick
PetroSun, Incorporated said Wednesday that it has executed a Letter of Intent to acquire Maverick Drilling Company, Incorporated and Maverick Drilling Services, LLC.
7:00 PM EST | December 05, 2006
PetroSun Acquires Interest in Australian Driller
PetroSun, Incorporated said Thursday that the company has reached an agreement with Tiger Energy that assigns a fifty percent interest in Icon Drilling Pty, Ltd, an Australian entity, to PetroSun.
7:00 PM EST | November 01, 2006
PetroSun to Open Shreveport Office
PetroSun, Incorporated said that the company will open a Shreveport office on or about November 16, 2006.
7:00 PM EST | October 31, 2006
PetroSun Catches Financing Deal
PetroSun, Incorporated said Friday that the company has entered into agreements with Golden Gate Investors, Incorporated to provide $16 million of financing to the Company through convertible debentures and warrants.
8:00 PM EST | October 26, 2006
PetroSun Participant in Louisiana Exploration Project
PetroSun has entered into an agreement with Wilcox Operating Corporation to participate in a 5,000 foot Pettit test in the Caddo Pine Island Field.
8:00 PM EST | October 23, 2006
PetroSun to Acquire Stake in Sibley Field
PetroSun Drilling, Inc. said that the company has entered into a letter of intent to acquire working interest in the Sibley Field of Webster Parish, La.
8:00 PM EST | July 24, 2006
PetroSun Acquires ETC Energy
PetroSun Drilling Inc. said that the company has acquired ETC Energy, LLC.
8:00 PM EST | July 16, 2006
PetroSun Schedules Exploration Project in Arizona
PetroSun Drilling has acquired a 25 percent working interest in the Pinta Dome Field located in Apache County, Arizona.
8:00 PM EST | June 14, 2006
PetroSun Drilling Acquires Stake in Bobcat Pipe & Supply
PetroSun Drilling has acquired an 80% equity interest in wholesale oilfield services supplier Bobcat Pipe & Supply Inc.
8:00 PM EST | May 01, 2006