Derek Oil and Gas Company News

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Derek: Steam Injection Begins at LAK Ranch
Derek Oil & Gas Corp. said that upgrades and safety maintenance on the 27-million-BTU generator are complete and steam injection has commenced on Derek's LAK Ranch project in NE Wyoming.
8:00 PM EST | May 14, 2007
Derek Reports Successful LAK Ranch Drilling
Derek Oil & Gas Corp. has successfully finished drilling, casing and cementing all twelve wells of its current development program at their LAK Ranch project.
8:00 PM EST | April 24, 2007
Derek Announces LAK Ranch Progress
Derek Oil & Gas has successfully drilled four wells of its 12-well program in its LAK Ranch prospect, which is located in the Powder River Basin of northeastern Wyoming.
8:00 PM EST | March 21, 2007
Derek: LAK Ranch Program Begins
Derek Oil & Gas Corp. said that the first well of its 12-well LAK Ranch program in northeastern Wyoming has been spudded.
7:00 PM EST | March 06, 2007
Wyoming Okays Derek Oil & Gas' Drill Permit Application
Derek Oil & Gas Corp. said the company has received formal approval for drill permit applications from the Wyoming Oil and Gas Conservation Commission (WOGCC).
7:00 PM EST | February 27, 2007
Derek Completes Purchase of LAK Ranch Interest
Derek Oil & Gas Corporation on Tuesday announced the closing of the purchase of Ivanhoe Energy's interest in the LAK Ranch Project as at November 30, 2006.
7:00 PM EST | December 04, 2006
Derek Commits to LAK Ranch Program
Derek Oil & Gas Corporation said that it plans to begin a 13-well development program by the end of 2006.
7:00 PM EST | November 07, 2006
Ivanhoe to Sell LAK Ranch Interest
Ivanhoe Energy Inc. intends to sell its interest in the LAK Ranch field in Weston County, Wyoming to its partner Derek Oil & Gas Corporation.
8:00 PM EST | October 24, 2006
Derek Sees Positive Results from Recent 3D Seismic Program at LAK Ranch
Derek Oil and Gas reports results from the detailed 3D seismic survey completed over the northern portion of the LAK Ranch Project earlier this year.
7:00 PM EST | November 27, 2005
Ivanhoe Energy & Derek Oil Begin Continuous Steaming Ops at LAK Ranch
Ivanhoe Energy and Derek Oil & Gas Corporation have commenced continuous steaming operations at the enhanced oil recovery pilot program at the LAK Ranch field in Weston County, Wyoming.
8:00 PM EST | October 26, 2005
Ivanhoe Energy & Derek Oil & Gas Expand Recovery Program at LAK Ranch
Ivanhoe Energy and Derek Oil & Gas have agreed to expand the enhanced oil recovery pilot program at the LAK Ranch field in Weston County, Wyoming.
8:00 PM EST | June 13, 2005
Derek & Ivanhoe Energy Complete Phase 1 of LAK Ranch Program
Ivanhoe Energy and Derek Oil & Gas reported that Phase 1 of a short-term cyclic steam injection test has been completed at the LAK Ranch enhanced oil recovery project in Wyoming.
8:00 PM EST | July 11, 2004
Derek O&G Receives New Study on LAK Ranch Oil Reserves
Derek Oil & Gas reported that a new independent engineering evaluation of the LAK Ranch oil project in Wyoming identifies in excess of 190 million barrels of oil "in place" in two potentially productive horizons.
8:00 PM EST | May 05, 2004
Derek Oil & Gas and Ivanhoe Formalize LAK Ranch Agreements
Derek Oil & Gas and Ivanhoe Energy have formalized agreements for the joint development of the LAK Ranch field, a thermal recovery/horizontal well oil project in Weston County, Wyoming.
7:00 PM EST | January 19, 2004
Ivanhoe to Develop Enhanced Oil Recovery Project in Wyoming
Ivanhoe Energy and Derek Oil & Gas will jointly develop the LAK Ranch field, a steam-assisted gravity drainage (SAGD) project in Weston County, Wyoming.
7:00 PM EST | November 05, 2003