In accordance with the company’s commitment to separate the positions of chairman and chief executive officer, the board elected Mark Williams as non-executive chairman of the board.

The Polar System is designed to gather 50,000 barrels of crude oil per day and 25,000 barrels of water per day from the Bakken and Three Forks shale formations in North Dakota.

The properties were acquired from Chesapeake Energy Corp. (NYSE: CHK) and its partner for approximately $93 million, excluding purchase price adjustments.

Company expands land position in Recôncavo Basin with successful bids on three blocks in ANP Bid Round 11.

The Southwest Louisiana Supply Project is designed to provide transportation to the growing southwest Louisiana market.

The Vancouver, British Columbia-based company's mostly contiguous land base at Chambers-Ferrier now totals 25 sections (16,000 gross acres) with an approximate average working interest of 79.5% in 16 of the 25 sections and varying interests in nine (9) wells.

The newly spudded wells are the SYE-16, a new appraisal well, and the 62-2V, an additional production well, bringing to 16 the number of wells spudded thus far in 2013.

Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties.

The Hunton formation is prevalent throughout central Oklahoma and has produced 114 million barrels vertically over the last several decades.

Darden will remain on the board as a director and chairman emeritus. He will continue as an employee of the company through the end of the year, focusing on strategic transactions including the pursuit of a joint venture in the Horn River Basin in British Columbia.

Synergy's initial plan is to drill five wells from one pad site on the Renfroe lease comprised of three Niobrara and two Codell wells.

The company's core Michichi and Lloydminster areas now represent 65% of total production, and 77% of total oil and liquids production, compared to 10% and 16% respectively in the first quarter of 2012.

GFES has successfully adapted Tucson Embedded System's iDEC units to successfully run 100% on field gas, making it simpler for customers to convert from diesel to natural gas as a fuel source.

Once the transaction is complete, TransCanada, through its subsidiaries, will continue to hold an approximately 30% direct ownership interest in both pipelines.

PacWest's WellIQ report, which monitors and forecasts rigs and well completions by region, expects well completions to rise throughout 2013, but not enough to structurally change the supply/demand balance in the frac market.