The markets haven’t been kind to MegaWest Energy, the Canadian company that began producing oil in western Missouri last year. Falling oil prices forced the company to suspend production jst a few months after it started, and the wells have been idle…
(3 votes, average: 1 out of 5)
Loading ...It’s not exactly a gusher, but oil is flowing from the Missouri oil find that we took note of last winter. MegaWest Energy of Calgary announced that the first sale of oil from its Missouri well, which it now calls the…
(2 votes, average: 4 out of 5) Loading ...An English company, Nighthawk Energy, has begun an aggressive drilling program in western Missouri after it found “promising” amounts of oil in four test wells. In a regulatory announcement, Nighthawk says that it and a partner control 7,000 acres in…
(5 votes, average: 3.8 out of 5) Loading ...You may have seen the stripper wells pumping oil out of neighboring Illinois, Kansas and Oklahoma, but did you know Missouri now has an oil industry of its very own? A Canadian company called MegaWest Energy is drilling into a sandstone formation…
(2 votes, average: 4 out of 5) Loading ...
